Reuters

SYDNEY (Reuters) - Australia's tax office has sought from crypto currency exchanges the personal data and transaction details of up to 1.2 million accounts as it looks to crack down on users who may be failing to pay their taxes amid a rising interest in digital tokens.

In a notice issued last month, the Australian Taxation Office (ATO) said the data will help identify traders who had failed to report the exchange of crypto assets, or when they sold it... (continue reading...)

By Lewis Jackson

SYDNEY (Reuters) - The potential for protectionist policies to win out in U.S. and European Union elections this year is a risk for business and is being closely watched by global financial conglomerate Macquarie Group, its CEO Shemara Wikramanayake said on Tuesday.

"The outcomes there could impact what we're seeing in the world, whether people are focused on multilateral relationships and trade or more inwardly focused,"... (continue reading...)

MANILA (Reuters) - Philippine annual inflation increased for a third straight month in April due to a faster pace of price rises for food and transport, the statistics agency said on Tuesday.

The consumer price index rose 3.8% in April from a year earlier, below the 4.1% median forecast in a Reuters poll, and within the central bank's 3.5% to 4.3% forecast for the month. The April data brought year-to-date inflation to 3.4%, within the central bank's... (continue reading...)

SYDNEY (Reuters) - The Australian government's budget will show a decline in projected gross debt this year and forecast a lower peak in debt ratios in the years ahead, the Treasury said on Monday.

The government's gross debt is expected to come in at A$904 billion ($598.54 billion) for the year ending June 2024, A$152 billion lower than projected by the previous government before it lost an election in 2022, according to an extract of the budget due... (continue reading...)

By Michelle Nichols

UNITED NATIONS (Reuters) - The United Nations General Assembly could vote on Friday on a draft resolution that would recognize the Palestinians as qualified to become a full U.N. member and recommend that the U.N. Security Council "reconsider the matter favorably."

It would effectively act as a global survey of how much support the Palestinians have for their bid, which was vetoed in the U.N. Security Council last... (continue reading...)