Australia to consider modernising interbank settlement system

India's cricket team has secured a crucial victory against Australia in the third ODI, preventing a series whitewash. This win was highlighted by a remarkable partnership between star players Virat Kohli and Rohit Sharma, showcasing their skill and teamwork. This match not only boosts India's morale but also adds another exciting chapter to the ongoing rivalry between these two cricketing giants.

Since the introduction of US regulations in July, the use of stablecoins for payments has surged by 70%. This significant increase highlights a growing acceptance of digital currencies in everyday transactions, making it easier for consumers and businesses to engage in real-world purchases. The regulation has provided a clearer framework, boosting confidence in stablecoins and their potential to revolutionize payment systems.

China's central bank has made a strong commitment to maintaining stability in its stock, bond, and foreign-exchange markets. This is significant as it aims to bolster investor confidence and promote the international use of the yuan, particularly in cross-border payments. Such measures could enhance China's economic influence globally and provide more options for international trade.

Aussie newlyweds and rugby fans are taking advantage of favorable exchange rates to explore New Zealand, which is experiencing a tourism slump. With the Australian dollar at its strongest in three years against the kiwi, this influx of visitors is a welcome boost for the local economy and tourism sector. It's a great opportunity for both Australians to enjoy a getaway and for New Zealand to revitalize its tourism industry.

The interest in becoming a CEO is declining, as highlighted by a historical look at the term's origins. Initially coined in 1914, the acronym CEO only gained traction in corporate America by the early 1970s. This shift raises questions about the evolving perceptions of leadership roles and the challenges that come with them, reflecting broader trends in the workforce and corporate culture.

US inflation has reached 3% for the first time since January, a figure that is milder than many had feared. This development is significant as it suggests that the US central bank may be on track to cut interest rates next week, which could stimulate economic growth and provide relief to consumers.

Scott Cam's journey in real estate showcases not just his success but also the financial strategies that have propelled him to the top. His ability to navigate the complexities of the market and make savvy investments is inspiring for aspiring investors. This matters because it highlights the importance of financial literacy and strategic planning in achieving success in real estate, a sector that can be both rewarding and challenging.

Russia's central bank has made a significant move by cutting its key interest rate to 16.5%. This decision is aimed at stimulating economic growth and easing financial pressures on consumers and businesses. Lower interest rates can encourage borrowing and spending, which is crucial for the country's recovery amid ongoing economic challenges. This change reflects the bank's commitment to supporting the economy and could lead to a more favorable environment for investments.

President Donald Trump's arrival in Malaysia marks a significant moment for ASEAN relations, as he is welcomed by Malaysian Prime Minister Anwar Ibrahim. This visit highlights the importance of diplomatic ties in the region and sets the stage for discussions on various collaborative efforts.

The US Department of Agriculture has announced that no food aid benefits will be issued next month, which is concerning for many families relying on this support. This decision could lead to increased food insecurity for vulnerable populations, highlighting the ongoing challenges in addressing hunger in the country.

President Trump has announced a 10% increase in tariffs on Canada, a move sparked by a controversial advertisement from Ontario that quotes former President Reagan criticizing import levies. This decision highlights ongoing tensions between the U.S. and Canada and raises concerns about the potential impact on trade relations and the economy. As tariffs can lead to higher prices for consumers and strain diplomatic ties, this development is significant for both countries.

U.S. stocks are hitting record highs, but what's even more exciting is that international equities are set to outperform the S&P 500 by the largest margin since 2009. This trend highlights a growing global market recovery, suggesting that investors might find better opportunities outside the U.S. It’s a significant moment for those looking to diversify their portfolios and capitalize on international growth.

Amazon has introduced a tall farmhouse pantry priced at just $80, offering ample storage and a charming aesthetic for any home. This affordable piece not only enhances organization but also adds a stylish touch to your space, making it a great option for those looking to improve their home decor without breaking the bank.

The tragic death of billionaire Isak Andic, who fell off a cliff in Spain nearly a year ago, continues to cast a shadow over the Mango fast-fashion empire. As investigations into his demise unfold, the future of the company and its heirs remains uncertain, raising questions about the impact on the brand and its operations. This situation highlights the intersection of personal tragedy and corporate stability, making it a significant story in the fashion industry.