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ABC Apologizes After Claudia Long Fabricates False Claims About Two High-Profile Politicians

The ABC has offered a humble apology following an erroneous accusation made by one of its reporters who falsely implicated two Nationals MPs for neglecting their constituencies during critical times when people are facing life-threatening situations. Claudia Long, the political correspondent for the national broadcaster, stated on "Insiders" last Sunday that National Party members of parliament were absent from their constituencies when the decision was made to dissolve the Coalition. "I believe another crucial aspect for regional areas is having a local representative present during times of crisis, such as floods where lives are lost—this situation occurred earlier this week," she explained to the show. Long particularly mentioned two individuals who perished in the flooding waters within Alison Penfold's potential electorate of Lyne on the Mid-North Coast. Additionally, he pointed out another fatality in Pat Conaghan’s constituency of Cowper, where...
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Tokyo Stocks Dip as Wall Street Suffers Losses

Tokyo stock market started the day lower on Thursday, following the downward trend from Wall Street after hours due to an increase in U.S. Treasury yields. This surge was fueled by escalating worries about the worsening financial condition of the country.

During the initial 15 minutes of trade, the Nikkei Stock Average for 225 issues dropped by 328.14 points, equivalent to a decline of 0.88%, reaching 36,970.84 from the previous day’s close. Meanwhile, the more comprehensive Topux index decreased by 12.51 points, marking a drop of 0.46% to stand at 2,720.37.

At the high-end Prime Market, stocks from sectors like nonferrous metals, petroleum products, coal industries, and transportation equipment saw significant declines.

At 9 a.m., the U.S. dollar was trading at 143.67-68 yen, as opposed to 143.63-73 yen in New York and 143.88-90 yen in Tokyo at 5 p.m. on Wednesday.

The euro was trading at $1.1332-1334 and 162.81-83 yen versus $1.1325-1335 and 162.70-80 yen in New York, and at $1.1323-1324 and 162.92-96 yen in Tokyo later Wednesday afternoon.

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