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Bloomberg
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Blackstone, Pimco Chiefs Debate the Perils of AI Boom

Blackstone President Jon Gray and Pimco CEO Emmanuel Roman debate whether global credit markets can absorb the tech industry's multitrillion-dollar AI spending spree, at the HKMA Global Financial Leaders' Investment Summit.

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Blackstone, Pimco Chiefs Debate the Perils of AI Boom
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Mining

Osmond Resources raises $3.8M for critical project

Osmond Resources (ASX:OSM) has received firm commitments to raise $3.8 million before costs to fund its Orión EU Critical Minerals Project.

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Osmond Resources raises $3.8M for critical project
Bloomberg
Financial

US Midterms Test Trumpism as One Nation Surges in Australia

The US midterms will test President Trump's political power at home and offer clues about the staying power of Trump-style politics globally. In Australia, the far-right One Nation party is surging in popularity with policies that echo Trump's agenda, including opposition to immigration and climate-change skepticism. United States Studies Centre Economic Security Director Hayley Channer joins "Bloomberg: The Asia Trade" to discuss what the US vote could mean for Trumpism abroad and the outlook for US-Australia relations.

Leia mais: US Midterms Test Trumpism as One Nation Surges in Australia
Bloomberg
Financial

DBS CEO on How Southeast Asia's Biggest Bank Deploys AI

DBS Group CEO Tan Su Shan talks about the bank's aggressive adoption of AI, how the Binance hack shows the need for tightening cyber hygiene, as well as the growth in wealth flows in both Singapore and Hong Kong. She speaks exclusively to Bloomberg's The China Show on the sidelines of an HKMA investment summit.

Leia mais: DBS CEO on How Southeast Asia's Biggest Bank Deploys AI

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Resurgent inflation pressures test key Australian consumer shares

The Australian Bureau of Statistics reported that annual consumer price index inflation reached 4.3% in the 12 months to September, rising from 4% in August.

The monthly CPI index recorded a 0.8% increase in September, while quarterly inflation rose 1.3% over the September quarter.

Leia mais: Resurgent inflation pressures test key Australian consumer shares
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Percepções

The digital cart rush redefining Australian retail profit pools

Coles Group reported first-quarter FY27 total sales revenue of $11.21 billion, up from $10.96 billion in the prior corresponding period, driven by supermarket e-commerce sales surging 22.9%.

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The digital cart rush redefining Australian retail profit pools
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Percepções

Trans-Tasman insurers battle contract churn while defending profit margins

Suncorp Group (ASX:SUN) updated its FY27 operational outlook, projecting gross written premium growth of around 3%.

The revised forecast follows the loss of a single commercial contract valued at $125 million annually.

A weaker New Zealand dollar also adds a 70 basis point drag on top-line performance.

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Trans-Tasman insurers battle contract churn while defending profit margins

Economia

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Economia

Australia unemployment rate rises to 4.7% in September

Australia’s seasonally adjusted unemployment rate reached 4.7% in September as the economy shed 39,000 jobs, according to the Australian Bureau of Statistics.

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Australia unemployment rate rises to 4.7% in September
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Economia

IMF warns Australia faces 3.9% inflation rate

The International Monetary Fund  warned that Australia faces a 3.9% headline inflation rate this year, prompting the Reserve Bank of Australia to signal a potential interest rate increase to 4.85% in November.

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IMF warns Australia faces 3.9% inflation rate