Author: Press Room

Klarna is synonymous with the “buy now, pay later” trend of making a purchase and deferring payment until the end of the month or paying over interest-free monthly installments.Nikolas Kokovlis | Nurphoto | Getty ImagesSwedish fintech Klarna — primarily known for its popular “buy now, pay later” services — is launching its own Visa debit card, as it looks to diversify its business beyond short-term credit products.The company on Tuesday announced that it’s piloting the product, dubbed Klarna Card, with some customers in the U.S. ahead of a planned countrywide rollout. Klarna Card will launch in Europe later this year, the…

Families flocked to Albany to celebrate WA Day on Monday, enjoying a perfect end to a long weekend with a free fun day at the WA Museum of the Great Southern.A colourful cast of diverse community characters at the museum provided free, fun-filled entertainment for visitors of all ages.The Brig Amity was free to board all day, with volunteers on board to tell the tales of the ship to visitors, and the museum‘s discovery centre also opened free of charge.Stalls covered the precinct with lawn games, face painting, Menang toolmaking, messy play for children, environmental education, and arts and crafts…

Long hours and working overtime remain prevalent in many Chinese companies and industries, but mindsets are changing notably among Chinese Gen Z-ers and young workers, who have been fighting burnout and pushing back against working long hours. On Chinese social media platforms like the popular Sina Weibo microblogging site, netizens weighed in on Mianyang’s work week experiment and discussed work life balance in the city.  A topic thread with the hashtag “2.5-day weekend is coming” has gained huge traction on the site, garnering more than 24 million total views and generating some 6,000 discussions.   But some reactions have also…

Note: Map shows the area with a shake intensity of 4 or greater, which U.S.G.S. defines as “light,” though the earthquake may be felt outside the areas shown.  All times on the map are Eastern European time. The New York Times A moderately strong, 5.8-magnitude earthquake struck in Turkey on Tuesday, according to the United States Geological Survey.The temblor happened at 2:17 a.m. Eastern European time about 3 miles south of İçmeler, Turkey, data from the agency shows.As seismologists review available data, they may revise the earthquake’s reported magnitude. Additional information collected about the earthquake may also prompt U.S.G.S. scientists…

NEWYou can now listen to Fox News articles! Sen. Rand Paul, R-Ky., said the debt limit increase included in the One Big Beautiful Bill Act is still a deal-breaker for him, saying it goes against conservative values, despite discussions with President Donald Trump about his concerns. Paul told reporters on Monday that the bill will increase the debt ceiling by $5 trillion, the largest debt increase in the U.S.”We have never raised the debt ceiling without actually meeting that target,” he said. “So you can say it doesn’t directly add to the debt, but if you increase the ceiling $5 trillion,…

NEWYou can now listen to Fox News articles! The FBI is urging members of the public to tip them off about any facilities or individuals who “mutilate” children with surgeries “under the guise of gender-affirming care.”The federal law enforcement agency shared the message Monday on social media.”Help the FBI protect children. As the Attorney General has made clear, we will protect our children and hold accountable those who mutilate them under the guise of gender-affirming care,” the posts on X and Facebook read. “Report tips of any hospitals, clinics, or practitioners performing these surgical procedures on children at 1-800-CALL-FBI or…

Many Canadians are eagerly watching the Bank of Canada’s interest rate announcement this week to see if it could mean a bit more breathing room for their finances. But many experts believe the current rates for those who make regular payments on loans like a mortgage won’t be changing any time soon.This is partly to do with how U.S. President Donald Trump’s tariffs are impacting Canada’s economic landscape.Canada’s central bank could potentially change interest rates on Wednesday. Although most experts believe that amount won’t rise in the near future, they say it is more likely rates will stay the same…

The State’s Transport Minister says private e-scooter modifications are the main issue on WA roads, despite the e-scooter an alleged drunk rider was driving when she fatally struck a pedestrian being rentable. 

SINGAPORE: More than 76 per cent of South Koreans have cast their vote for a new president as of 6pm local time (5pm, Singapore time) on Tuesday (Jun 3), according to the country’s election commission.There are more than 44 million eligible voters nationwide. The polls started at 6am local time and will close at 8pm, before vote counting begins. The snap election caps six months of turmoil triggered by the shock imposition of martial law by former leader Yoon Suk Yeol on Dec 3 last year, a move that marred the country’s reputation as a vibrant, if at times chaotic, democracy. Here are…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newslettersGood morning. The US dollar weakened again yesterday, and (as Robin Brooks of Brookings noted) this happened even as Treasury yields rose, increasing the spreads over other developed countries’ bonds. This is an unusual combination, and suggests global repositioning and hedging of dollar assets is continuing. But perhaps…