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Australian PM’s party gets parliament majority

  Bloomberg Australian PM Anthony Albanese’s Labor Party clinched a parliamentary majority after day of ballots getting counted in tightly contested seats, giving his government the heft to push through bills on issues ranging from climate change to anti-corruption measures. Labor is projected to secure the seat of Macnamara in the heart of Melbourne, Australia’s ABC said, giving the party ...

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Ex-attorney general adds to Tory calls for Johnson to quit

  Bloomberg Boris Johnson faces a drip-drip of Conservative MPs calling on him to resign, as former Attorney General Jeremy Wright said the so-called partygate scandal had done “lasting damage” to the government. The prime minister had been hoping that with Parliament on holiday to mark Queen Elizabeth II’s 70 years on the throne, Tory rebels would be keeping relatively ...

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China opens exchange bond markets to foreign investors

  Bloomberg China will allow foreign institutional investors to trade bonds on its smaller exchange market in its latest step to attract more capital inflows by opening its financial markets, after a record selloff of Chinese holdings by foreign investors. Qualified foreign institutional investors, which can include central banks, sovereign funds, commercial banks and pension funds, will be allowed to ...

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