Why is Australia relaxing border rules despite COVID-19 spike?

Highlights  New South Wales has reported the highest number of single day infections. Most cases in the country are locally transmitted. NSW mulls to open up pubs, cafes, and restaurants once 70% of the population is vaccinated. ...

Asia-Pacific shares were trading mixed on Friday as investors remained guarded ahead of the Federal Reserve’s annual Jackson Hole symposium where Fed Chair Jerome Powell will be speaking. In Australia, the benchmark ASX200 pared earl ...

Equity markets in the Asia Pacific (APAC) region were rallying on Monday morning after the Hong Kong markets bounced back from last week’s bearish trend. By Monday afternoon, the benchmark Hang Seng Index of Hong Kong was trading 1.7 ...

New South Wales Minister for Digital and for Customer Service Victor Dominello has stated that he suffers from Bell’s palsy – a medical condition that causes a temporary weakness or paralysis of facial muscles. Dominello took t ...

Summary Victorian Premier Daniel Andrews has extended Melbourne’s lockdown by another week. Yesterday, Victoria recorded 20 newly acquired COVID-19 cases from 41,571 test results. The federal government said the country would reo ...

Crude oil prices are witnessing their worst run in about four months as concerns about the softened demand have resurfaced in the global oil market. The prices of Brent Crude Oil Futures for October 2021 have crashed 9.3% in the current mo ...

The equity markets in Asia-Pacific (APAC) region traded mixed on Tuesday morning as investors are keenly looking out for the Reserve Bank of Australia’s latest monetary policy decision. In Japan, the benchmark Nikkei 225 slipped 0.34 ...

Summary Vaccination has been a game-changing tool in the battle against the COVID-19 pandemic. Over 3.6 billion people have been successfully vaccinated across the globe. Rising concerns about vaccine safety have triggered countless ch ...

In May, when India hit the second wave peak, the world hoped that the virus might have been gone for good. But the tenacious virus seems to have another plan. The virus can beat any mobile phone maker fair and square, when it comes to upgra ...

The fears about a resurgence of the COVID-19 pandemic are still weighing heavy on Olympics 2020, as officials didn’t rule out the eleventh-hour cancellation. More and more athletes have started testing positive for the virus, and spo ...