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Japan Unemployment Rate Increases First Time in Five Years

Key Points: Japan recorded a 2.6% unemployment rate in fiscal 2025, showing the first increase in five years. Total employment reached an all-time high of 68.29 million people, supported by a record 31.28 million working women. The average job availability ratio fell to 1.20, meaning employers offered 120 jobs for every 100 people looking for...

Australian Households Face Rate Hikes as Oil Prices Drive Up Inflation

Key Points: Headline inflation increased by 1.1% in the March quarter and reached 4.6% over the past 12 months. Petrol prices jumped 32.8% in March alone, pushing transportation costs up 9.2% in just 30 days. Financial markets predict an 80% chance the Reserve Bank of Australia will raise interest rates by 25 basis points next...

Woodside Energy Sees Revenue Jump as Global Oil Prices Surge

Key Points: Woodside reported a 7% jump in operating revenue to hit $3.26 billion in the March quarter. The average price for the company's oil and gas climbed 11% to reach $63 per barrel. Severe tropical cyclone Narelle hit Western Australia, forcing an 8% drop in overall production. The conflict between the United States and...