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Australian regulator urges lighter disclosure rules to help revive public markets

By Scott Murdoch SYDNEY (Reuters) -Australia’s corporate regulator on Wednesday urged the government and stock exchange operators to put in place lighter disclosure and governance frameworks in an effort to encourage smaller companies to list their shares on the public markets. The Australian Securities and Investments Commission (ASIC) said it would support moves to reduce …

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Irish services sector growth hits 2025 high on jump in new business, PMI shows

DUBLIN (Reuters) -Ireland’s services sector expanded at the fastest pace this year in October, a rapid rebound from two months earlier when growth almost flatlined, a survey showed on Wednesday. A sharp acceleration in new business pushed the AIB Ireland Services Business Activity Index to 56.7 in October from 53.5 in September and a 19-month …

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New Zealand jobless rate hits 5.3%, highest since 2016

By Lucy Craymer WELLINGTON (Reuters) -New Zealand’s jobless rate rose to 5.3% in the third quarter, its highest level since 2016, as employment remained unchanged, according to data released by Statistics New Zealand on Wednesday. The increase in the unemployment rate was in line with a Reuters poll and the central bank’s forecast, while employment …

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Carney’s first budget doubles Canada’s deficit in attempt to counter US trade rift

By Promit Mukherjee, David Ljunggren and Maria Cheng OTTAWA (Reuters) -Canada’s budget shortfall will more than double this year as Prime Minister Mark Carney pours billions of dollars to fight U.S. tariffs, boost defense spending and diversify trade, his maiden budget proposal showed on Tuesday. Canada’s economy is experiencing a tectonic shift. A raft of …

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Canada sees much higher deficits, slashes growth forecasts

TORONTO (Reuters) -The Canadian government on Tuesday said its budget deficit for the 2025/26 fiscal year would almost double to C$78.3 billion from the C$42.2 billion it forecast last December. It blamed the deterioration on the damage done by U.S. tariffs and measures taken to counter them, while slashing growth forecasts for 2025 and 2026. …

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Factbox-Key proposed measures in Canadian federal budget

OTTAWA (Reuters) –  The Canadian government released its budget, the first by Prime Minister Mark Carney, on Tuesday. Here are some of the key measures it proposes. INVESTMENTS Over the next five years the government is proposing a total of C$280 billion in investments – C$115 billion in infrastructure, C$110 billion in productivity and competitiveness, …

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Europe’s STOXX 600 hits two-week lows on global risk-off mood, mixed earnings

By Johann M Cherian and Sukriti Gupta (Reuters) -European shares fell on Tuesday to their lowest point in more than two weeks, echoing a broader risk-off mood across global markets, as investors gauged a mixed bag of earnings reports. The pan-European STOXX 600 index ended down 0.3% at 570.58 points, having slipped as much as …

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Israel’s 2026 budget may hold key to government’s survival or new elections

By Steven Scheer JERUSALEM (Reuters) -Israel’s cabinet is expected to vote on the long-delayed 2026 state budget next month, Finance Minister Bezalel Smotrich said on Tuesday, but its approval faces an uphill political battle that could ultimately lead to new elections. According to Israeli law, the budget must be approved by parliament by the end …

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UK’s Reeves targets growth with business rates reform for small firms

LONDON (Reuters) -British finance minister Rachel Reeves said on Tuesday her November 26 budget would focus on growth, including reforms to the business rates system aimed at easing pressure on physical shops and small businesses. “The current business rate system was designed for a previous age, not for a digital age,” Reeves, in a rare …

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