Australian PM Albanese said Australia signed a joint declaration on economic security cooperation with Japan; agreement will make the countries more resilient to economic shocks and uncertainty
This joint declaration between Australia and Japan highlights a strategic move to bolster economic security, particularly in critical minerals, which are essential for various industries.
[MARKET UPDATE] USD/JPY continues to incrementally edge higher following earlier volatility, with the pair at session highs of 157.25 having earlier printed a 156.59 low; newsflow has been light in recent trade; Japanese traders away till May 6th
PRE-MARKET INDIAN STOCKS NEWS
Australian PM Albanese said Australia signed a joint declaration on economic security cooperation with Japan; agreement will make the countries more resilient to economic shocks and uncertainty
"Despite the war, Iran continues to export to six key markets, including China, India, Russia, Turkey, Oman and Armenia", SNN reports citing the Iranian Bushehr Chamber of Commerce
US CENTCOM says Iranian Ship Touska that was captured by US Forces has been handed over to Pakistan along with the crew so that it could be returned to Iran, Pakistani journalist Mallick posts
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- Australian PM notes a joint statement on critical minerals with Japan elevates critical minerals to a core pillar of economic and security relationship, and defence and security cooperation will further develop the already advanced defence relationship.
By coordinating on these issues, both nations aim to enhance their resilience against global economic shocks, potentially influencing trade flows and investment opportunities in related sectors.
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