(Reuters) - ANZ Group Holdings said on Monday Australia's corporate regulator is investigating the lender for suspected violation of laws in executing the issuance of 10-year treasury bonds by the Australian Office of Financial Management (AOFM) in 2023.
ANZ was appointed by the AOFM, which manages the Australian government's debt portfolio, to act as a risk manager in relation to the issuance of the treasury bonds.
Earlier in the day,... (continue reading...)
SEOUL (Reuters) - South Korea's financial watchdog said on Monday it was expanding and toughening the assessment of real estate projects in a bid to speed up restructuring of the sector.
House prices in South Korea have been falling since June, 2023, as high interest rates weighed on demand, and worries about debt repayments at construction firms have grown after a mid-sized builder's decision in December to reschedule its debt.
... (continue reading...)(Reuters) - A drone sparked a short-lived fire at an electrical substation in Russia's Lipetsk region in a Ukrainian attack that also targeted the Belgorod and Kursk regions, Russian officials said.
"There are no casualties. The fire in the territory of the electrical substation is being extinguished," Igor Artamonov, the governor of the Kursk region in Russia's south, wrote on the Telegram messaging app.
Eight drones were destroyed... (continue reading...)
(Reuters) - U.S Senate Majority Leader Chuck Schumer on Sunday urged the Federal Trade Commission to "pump the breaks" on Chevron Corp's proposed $53 billion acquisition of Hess Corp.
"The FTC should side with consumers and pump the breaks on this deal," Schumer said in a post on social media platform X, adding that the deal would give oil majors more leverage to raise gas prices.
In October last year, Chevron agreed to buy Hess for $53... (continue reading...)
SYDNEY (Reuters) - An Australian court on Monday rejected a bid by the country's cyber safety regulator to extend a temporary order for Elon Musk-owned X to block videos of the stabbing of an Assyrian church bishop, which authorities had called a terrorist attack.
Federal Court judge Geoffrey Kennett said the application to extend the injunction granted last month had been refused. The reasons for the judgement will be released later, the judge said... (continue reading...)
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