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Hundreds of unionised ABC staff voted unanimously in favour of a protected action ballot on Friday, taking the first step toward a strike after pay negotiations stalled once again.
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Indonesia’s largest Islamic organisations appear to be recalibrating their stance on Palestine by softening earlier criticisms of President Prabowo Subianto’s decision to join US President Donald Trump’s “Board of Peace”, in what analysts describe as a shift from prioritising Palestinian independence to broader security issues. The adjustment, which followed a closed-door meeting at the presidential palace earlier this month, has fuelled a debate on whether major Muslim bodies are being nudged...
Beijing’s push to internationalise the yuan is gaining a new vehicle in Africa as another major multilateral lender is set to diversify towards the Chinese currency to slash borrowing costs and reduce the risks of dollar volatility. Multilateral lender Africa Finance Corporation (AFC) has confirmed that a debut panda bond issuance is “on the table for this year”, as it looks to deepen its ties with Chinese capital markets following last year’s successful triple-A Chinese rating. Banji Fehintola,...