Australian Treasurer Jim Chalmers will deliver the government’s 2024-2025 federal budget next Tuesday amid concerns that strong revenue growth will tempt him toward a jump in spending, stoking the case for higher interest rates.

Fireworks welcome the 19th-century ship carrying the Olympic torch from Athens as it arrives Wednesday on the French mainland at the port of Marseille. The torch was handed off to begin the 68-day relay to Paris for the Games’ July start. Photo: Sylvain Thomas/Agence France-Presse/Getty Images

Asian currencies consolidated against USD in the morning session, but may be weighed by mostly higher U.S. Treasury yields.

The Bank of Japan’s board is becoming more concerned about the inflation outlook as a sharply weaker yen threatens to drive up import prices.

Fees. Fees. Fees. Fees. Whatever happened to paying the price you see?

News Corp posted lower quarterly revenue and earnings due to a slowdown in advertising and declines at its overseas newspaper unit and subscription-video business.