Praveen Menon

Sydney

Australia, New Zealand and Pacific Bureau Chief at Reuters

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Articles

The Imperative for Greater Scrutiny of Net FDI

1 week ago | vifindia.org | Praveen Menon

After the release of recent RBI data specifying net FDI of just $353 million, there has been some anxiety about whether anything has gone wrong. [1] The data shows that net foreign direct investment (FDI) into India in 2024-25 was 96% lower than previous year. “Net FDI moderated to US$0.4 billion during 2024-25 from US$10.1 billion a year ago, reflecting the rise in net outward FDI and repatriation FDI,” the RBI acknowledged in its report.
ＮＺ、今年度の新規支出を10年ぶり低水準に抑制成長鈍化見通し

1 month ago | jp.reuters.com | Lucy Craymer |Praveen Menon

５月２２日、ニュージーランド（ＮＺ）政府は今年度（２０２５年６月３０日まで）の新規支出を過去１０年間で最低に設定した。成長率鈍化と世界的な関税戦争による経済への「貿易ショック」を警告しながらも、財政支出を厳しく抑制した。写真はウィリス財務相。２０２４年５月撮影（２０２５年ロイター/Lincoln Feast） [ウェリントン２２日ロイター] - ニュージーランド（ＮＺ）政府は２２日、今年度（２０２５年６月３０日まで）の新規支出を過去１０年間で最低に設定した。成長率鈍化と世界的な関税戦争による経済への「貿易ショック」を警告しながらも、財政支出を厳しく抑制した。ＮＺ経済は昨年縮小し、消費低迷や米国の貿易・経済政策を巡る不確実性の高まりが回復の足かせとなっている。ウィリス財務相は「世界情勢は懸念材料だ。他国の関税をコントロールすることはできない。われわれがコントロールできるのは自国の条件だけだ」と語った。政府は今年度の新規運営支出を１３億ＮＺドルに設定。過去１０年で最低となる。成長に対する外部からの逆風が強まっているものの、財政の健全性を重視する。...
NZ budget flags lower growth from ‘trade shock’, but reins in spending to 10-year low

1 month ago | kfgo.com | Lucy Craymer |Praveen Menon

By Lucy Craymer and Praveen MenonWELLINGTON (Reuters) -New Zealand on Thursday set new spending for the current fiscal year at its lowest in a decade, keeping a tight rein on its fiscal purse even as it warned of softer GDP growth and a “trade shock” to the economy from the global tariff war. The South Pacific nation’s economy contracted last year and its recovery has been hobbled by tepid consumption and heightened uncertainty over sharp shifts in U.S. trade and economic policies.
Australia to introduce rules forcing tech companies to pay news outlets

Dec 11, 2024 | reuters.com | Praveen Menon |Wayne Cole

SYDNEY, Dec 12 (Reuters) - Australia would introduce rules that would "create a financial incentive" for big tech firms to pay Australian media firms for news content hosted on their platforms, Assistant Treasurer and Minister for Financial Services Stephen Jones announced on Thursday. The Technology Roundup newsletter brings the latest news and trends straight to your inbox. Sign up here.
Big tech says Australia “rushed” social media ban for youths under 16

Dec 6, 2024 | kfgo.com | Byron Kaye |Praveen Menon

SYDNEY (Reuters) – Big Tech corporations on Friday hit out at a landmark Australian law that bans youths under the age of 16 from accessing social media, saying the law was “rushed” through parliament. Australia approved the social media ban for children late on Thursday. The law forces tech giants from Instagram and Facebook owner Meta to TikTok to stop minors logging in or face fines of up to A$49.5 million ($32 million).
Big tech says Australia “rushed” social media ban for youths under 16

Dec 6, 2024 | whtc.com | Byron Kaye |Praveen Menon

SYDNEY (Reuters) – Big Tech corporations on Friday hit out at a landmark Australian law that bans youths under the age of 16 from accessing social media, saying the law was “rushed” through parliament. Australia approved the social media ban for children late on Thursday. The law forces tech giants from Instagram and Facebook owner Meta to TikTok to stop minors logging in or face fines of up to A$49.5 million ($32 million).
Australia Passes Social Media Ban For Children Under 16

Nov 29, 2024 | brandspurng.com | Byron Kaye |Praveen Menon

By Byron Kaye and Praveen Menon Ban to apply to Instagram, X, Snapchat and others From late 2025, Australians must be over 16 to use social media Tech giants face fines of A$49.5m for non-compliance Child rights groups opposed the law, parent groups supported it SYDNEY, Nov (Reuters) – Australia approved on Thursday a social media ban for children aged under 16 after an emotive debate that has gripped the nation, setting a benchmark for jurisdictions around the world with one of the toughest...
Big tech says Australia "rushed" social media ban for youths under 16

Nov 29, 2024 | news.nestia.com | Byron Kaye |Praveen Menon

SYDNEY (Reuters) - Big Tech corporations on Friday hit out at a landmark Australian law that bans youths under the age of 16 from accessing social media, saying the law was "rushed" through parliament. Australia approved the social media ban for children late on Thursday. The law forces tech giants from Instagram and Facebook owner Meta to TikTok to stop minors logging in or face fines of up to A$49.5 million ($32 million).
Big know-how states Australia "rushed" social networks restriction for younger individuals below 16

Nov 29, 2024 | business-journal.in | Byron Kaye |Praveen Menon

SYDNEY (Reuters) – Big Tech corporations on Friday struck out at a website Australian laws that outlaws younger individuals below the age of 16 from accessing social networks, claiming the laws was “rushed” with parliament. Australia accepted the social networks restriction for kids late onThursday The laws pressures know-how titans from Instagram and Facebook proprietor Meta to TikTok to give up minors visiting or face penalties of roughly A$ 49.5 million ($ 32 million).
Big Tech Says Australia 'Rushed' Social Media Ban for Youths Under 16

Nov 29, 2024 | usnews.com | Byron Kaye |Praveen Menon

SYDNEY (Reuters) - Big Tech corporations on Friday hit out at a landmark Australian law that bans youths under the age of 16 from accessing social media, saying the law was "rushed" through parliament. Australia approved the social media ban for children late on Thursday. The law forces tech giants from Instagram and Facebook owner Meta to TikTok to stop minors logging in or face fines of up to A$49.5 million ($32 million).

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