Business News

5 things you need to know today

  • The world's oldest person has died in Japan at age 117.  Nabi Tajima died of old age in a hospital Saturday evening in the town of Kikai in southern Japan, town official Susumu Yoshiyuki confirmed. Tajima, born on Aug. 4, 1900, was the last known person born in the 19th century.
  • Malcolm Turnbull has said that Australia will not agree to a free trade agreement with Europe that restricts access for agriculture, but stresses a deal is needed to send a message to a world afflicted by rising protectionism. 
  • A gunman has killed at least four people at a Waffle House restaurant near Nashville, before fleeing after someone wrestled the semi-automatic AR-15 rifle from his hands. 
  • US President Donald Trump says the North Korean nuclear crisis is a long way from being resolved, striking a cautious note a day after the North's pledge to end its nuclear tests raised hopes before planned summits with South Korea and the United States. North Korea said on Saturday it was suspending nuclear and missile tests and scrapping its nuclear test site, and instead pursuing economic growth and peace.
  • PM Malcolm Turnbull has admitted that it would have been better for the Government to have set up a banking royal commission two years ago. Mr Turnbull and his senior colleagues have spent the past two years arguing against a royal commission into the financial sector. The PM finally called a royal commission late last year and shocking revelations have emerged as it has been taking evidence.

Published on: Monday, April 23, 2018

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