Latest Australia News

Stock market today: Bulls run again on Wall Street as S&P 500 climbs 20% above October low

Jun. 08, 2023 17:09 PM EDT

NEW YORK (AP) — Stocks rose just enough Thursday for Wall Street to barrel into a new bull market as the S&P 500 keeps rallying off its low from last autumn. The index rose 0.6% to carry it 20% above a bottom hit in October. That means Wall Street’s main measure of health has...

Lloyd a Fox studio analyst for Women's World Cup, Dellacamera lead broadcaster

Jun. 08, 2023 11:39 AM EDT

LOS ANGELES (AP) — Two-time FIFA Player of the Year Carli Lloyd will work as a studio analyst for Fox's Women's World Cup coverage and JP Dellacamera will be lead play-by-play commentator for the third straight tournament. Dellacamera will be paired with former U.S. national team...

GameStop slumps after it fires former Amazon executive brought in to modernize the gaming retailer

Jun. 08, 2023 10:26 AM EDT

Shares of GameStop are plunging before the opening bell after the company fired CEO Matthew Furlong, the former Amazon executive that was brought in two years ago to turn the struggling video game retailer around. The company gave no reason for the dismissal and named Ryan Cohen,...

Australia plans to ban swastikas and other Nazi symbols in legislation coming next week

Jun. 07, 2023 21:51 PM EDT

CANBERRA, Australia (AP) — Australia’s government plans legislation to ban swastikas and other Nazi symbols nationwide due to an increase in far-right activity, Attorney-General Mark Dreyfus said Thursday. While most Australian states already ban such Nazi symbols, the federal...

Japan, Australia, US to fund undersea cable connection in Micronesia to counter China's influence

Jun. 07, 2023 00:09 AM EDT

TOKYO (AP) — Japan announced Tuesday that it joined the United States and Australia in signing an agreement on a $95 million undersea cable project that will connect East Micronesia island nations to improve networks in the Indo-Pacific region where China is increasingly expanding its influence. ...

Racist abuse of Vinícius Júnior highlights entrenched problem in soccer

Jun. 06, 2023 12:46 PM EDT

MADRID (AP) — Hanging from a highway bridge in Madrid, an effigy of one of the world’s most famous Black soccer players stands as a graphic reminder of the racism that sweeps through European soccer. In truth, the signs are everywhere. In Italy, where monkey chants...

Australian central bank boosts cash rate to 4.1% with 12th hike

Jun. 06, 2023 02:16 AM EDT

CANBERRA, Australia: (AP) — Australia’s central bank on Tuesday lifted its benchmark interest rate for a 12th consecutive time, to 4.1%, and warned further rises could follow. The Reserve Bank of Australia boosted the cash rate by a quarter of a percentage point at its latest...

Indonesia, Australia affirm defense ties amid China concerns

Jun. 05, 2023 10:12 AM EDT

JAKARTA, Indonesia (AP) — Australian Defense Minister Richard Marles met his Indonesian counterpart on Monday to deepen security ties amid China’s increasingly assertive activity in the Indo-Pacific region. Indonesian Defense Minister Prabowo Subianto said he and Marles discussed...

French Open doubles player Miyu Kato of Japan disqualified for accidentally hitting a ball girl

Jun. 04, 2023 17:05 PM EDT

PARIS (AP) — French Open doubles player Miyu Kato and her partner were forced to forfeit a match when Kato accidentally hit a ball girl in the neck with a ball after a point on Sunday. In the second set on Court 14 at Roland Garros, Kato took a swing with her racket and the ball...

Minjee Lee shoots 8-under 64, shares 2nd-round lead with Cheyenne Knight at Liberty National

Jun. 03, 2023 07:48 AM EDT

JERSEY CITY, N.J. (AP) — Minjee Lee matched the tournament best with an 8-under 64 for a share of the lead Friday in the LPGA Tour's weather-delayed Mizuho Americas Open. Cheyenne Knight had a 68 in the inaugural event to join Lee at 7-under 137 atop the tightly bunched leaderboard...