Australian Treasurer Jim Chalmers announced a narrower budget deficit last fiscal year against a backdrop of global volatility and an energy shock, saying the country now has one of the strongest budget positions among Group of 20 nations.
South Korea’s excess tax revenue may exceed 50 trillion won ($37 billion) this year, according to a Yonhap News report, reflecting factors including a stronger-than-expected semiconductor cycle.
Christine Lagarde could be just months away from ending her European Central Bank presidency early, but there’s no formal procedure for her to do that.
Gen Z is throwing out the rulebook when it comes to generating wealth. Its members are looking beyond the standard 9-to-5 job and opting to be their own boss, with a side-hustle or two for good measure. (Source: Bloomberg)