Kevin Hassett Says Inflation Is Below Target, Backs Trump’s Call for Rate Cuts 
Yen Slides as BOJ Caution Undercuts Rate Hike Impact 
Why U.S. Coffee Prices Are Staying High Despite Trump’s Tariff Rollbacks 
Japan Signals Possible Yen Intervention as Currency Weakens Despite BOJ Rate Hike 
South Korea Central Bank Warns of Rising Financial Stability Risks Amid Won Volatility 
Asian Markets Rise as AI Rally Caps 2025, Gold and Silver Hit Record Highs 
Global Markets Rise as Tech Stocks Lead, Yen Strengthens, and Commodities Hit Record Highs 
EU Approves €90 Billion Ukraine Aid as Frozen Russian Asset Plan Stalls 
Russia Stocks End Flat as Energy Shares Support MOEX Index 
U.S. Stock Index Futures Steady After S&P 500 Hits Record on Strong Economic Data 
Oil Prices Climb in Asian Trade as Venezuela Sanctions and Middle East Tensions Fuel Risk Premium 
Platinum Price Surges Past $2,000 as Demand and Supply Dynamics Tighten 
Gold Prices Surge to Record Highs as Geopolitical Tensions Fuel Safe-Haven Demand 
Gold Price Breaks $4,500 as Safe-Haven Demand and Rate Cut Bets Fuel Rally 
Oil Prices Ease in Asia as Geopolitical Risks Clash With Weak Demand Outlook 
Asian Stocks Rise as Wall Street Tech Rally Lifts Markets, Yen Slumps Despite BOJ Rate Hike 
Digital giants Google and Facebook were close to agreeing to “significant commercial deals” to pay Australian media for news, claims Australia's Treasurer Josh Frydenberg.
The Australian Parliament is scheduled to consider the draft laws that would force the digital giants to finance its news media.
A Senate committee last week retained the proposed regulations that the two tech giants deemed as unworkable.
Frydenberg, one of the ministers responsible for the legislation, had discussions with Facebook CEO Mark Zuckerberg and Alphabet Inc. CEO Sundar Pichai and with Australian news media executives.
According to Frydenberg, they have made real progress and expect to see some significant commercial deals, which could benefit the domestic media landscape and financially reward journalists for generating original content.
Frydenberg pointed out that no other country has stepped in as Australia.
Google threatened to make its search engine unavailable in Australia if the news media bargaining code was introduced while Facebook plans to block Australians from sharing news if forced to pay for news.
While both companies can afford the cost for the Australian news, they are concerned about the precedent that Australia could establish.
