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Modi Hails China Ties as Bessent Swipes at India’s Rich Families

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Indian Prime Minister Narendra Modi welcomed improved ties with China as US Treasury Secretary Scott Bessent escalated criticism of the South Asian nation over its purchases of Russian oil.



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Funding & Business

Biden Official Urges Australia to Press Trump to Revive Quad

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Australian Prime Minister Anthony Albanese must use his upcoming meeting with President Donald Trump to make the case to revive the Quad security group, former US Deputy Secretary of State Kurt Campbell said.



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BHP to Shutter Australia Coal Mine Due to High State Royalties

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BHP Group Ltd. said it will shutter one of its Queensland coal mines and slash about 750 jobs across the division, citing high state royalties and weak market conditions that have made low-margin operations unsustainable.



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Gold Holds Near Record as Dollar Sinks Before Fed Rate Decision

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Gold held its latest gains that saw it rise above $3,700 an ounce for the first time, boosted by traders’ bets for a rate cut at Wednesday’s Federal Reserve meeting.



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