Central

Finance chiefs to join exercise in Washington designed to assess how they would handle collapse of significant bankThe bosses of the central banks and treasuries of the UK, US and EU are to take part in a war game in Washington on Saturday to test how they would handle the collapse of a globally significant bank.Amid growing unease over the risks to global financial stability, the most senior officials from the US Federal Reserve, the European Central Bank and the Bank of England – including its governor, Andrew Bailey – are expected to take part. Continue reading...

Geoscience Australia says aftershocks likely but much lighter and in a smaller areaFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastPart of Australia’s east coast has been shaken by an earthquake that could be felt hundred of kilometres away.A 4.5-magnitude quake hit at 8.19pm on Tuesday at a depth of 5km about 30km south-west of Orange in central west NSW, near the Cadia goldmine. Continue reading...

After Singapore last week, the PM visits supplier of 9% of Australia’s diesel as treasurer travels to Washington for G20 finance ministers’ meetingGet our breaking news email, free app or daily news podcastAnthony Albanese has arrived in Brunei Darussalam, the first Australian prime minister to fly to the oil-rich country for a meeting with the sultan, where he’ll discuss fuel supplies with the world’s longest serving monarch, Andrew Greene has reported from the travelling media pool.Arriving in Bandar Seri Begawan yesterday for his second trip to Asia in a week, Albanese was officially welcomed on the tarmac before making his way to the Brunei Darussalam-Australia memorial to lay a wreath. Continue reading...

Witness described at least one person slashed with large knife and police with guns drawnA shooting and stabbing has left at least two people critically injured at New York City’s Grand Central subway station, according to reports.Citing information from New York’s fire department, the local news outlet WPIX reported two people were brought to a hospital in critical condition after a shooting and stabbing at about 9.50am at the subway station on the corner of East 42nd Street and Park Avenue in midtown Manhattan. Continue reading...

• Israel's military launched a wave of airstrikes in the heart of Tehran early Friday, March 27, while U.S. President Donald Trump delayed his deadline to strike Iran's energy plants until April 6 amid ongoing Strait of Hormuz tensions. • The conflict has resulted in over 1,900 deaths in Iran, nearly 1,100 in Lebanon, 18 in Israel including four soldiers, and 13 U.S. military members, with millions displaced in both countries. • Trump cited Iran's request for a grace period and stated talks on a 15-point proposal are going 'very well,' despite Tehran's public denials of negotiations.

• Israel's military launched a wave of airstrikes targeting the heart of Tehran early on March 27, 2026, as confirmed by military statements, while smoke rose over Beirut. • The strikes coincide with US President Donald Trump extending his deadline to bomb Iran's energy plants until April 6, 2026, after Iran's request, claiming talks are 'going very well' despite Tehran's denials. • Trump referenced a 15-point US proposal to end the conflict, amid convulsing stock markets and Iran's insistence on no direct negotiations, heightening global tensions over the Strait of Hormuz closure.

• U.S. Navy Adm. Brad Cooper, head of Central Command, stated in an interview that the military campaign against Iran is 'ahead or on plan' amid ongoing strikes. • Israeli forces launched a wide-scale wave of strikes on Iranian terror regime infrastructure early Monday, with Iranian media reporting new airstrikes in Tehran. • Death toll exceeds 1,500 in Iran, 1,000 in Lebanon, 15 in Israel, and 13 U.S. military members, displacing millions in both countries.