Australian Consumer Sentiment Slumps Following RBA’s Rate Hike
Australia’s consumer confidence slumped in November following the Reserve Bank’s resumption of interest-rate increases, as households hunkered down
2023-11-14 07:48
ANZ Profit Climbs as CEO Cautions on Fragile Economy Ahead
ANZ Group Holdings Ltd.’s earnings climbed as higher interest rates buoyed lending profitability, while its chief executive officer
2023-11-13 07:17
Optus Outage Leaves Millions in Australia Without Phone, Internet
A nationwide outage struck Australia’s second-largest telecommunications company Optus on Wednesday, wreaking havoc at peak hour as millions
2023-11-08 06:48
Australia’s Top Three Inflation Drivers Beyond RBA’s Control
Australian inflation is being driven by climate change, geopolitical shocks and government policies — factors typically beyond the
2023-11-01 07:48
When Japan Ends Negative Rate Policy, Treasuries Will Suffer
Japan’s era of negative interest rates will end in coming months, and the implications for world markets will
2023-10-23 08:59
Australian Housing Set for First Rebound During Tightening
Australian house prices are poised for an annual rebound during a policy tightening campaign for the first time
2023-10-18 09:26
New Zealand Inflation Poised to Add to Kiwi’s Downside Risks
The New Zealand dollar’s attempts at a rally are proving futile ahead of a report that’s expected to
2023-10-16 02:57
Dollar Heads for Longest Losing Streak Since 2020 Before US CPI
A gauge of the dollar is set for the longest run of losses in over three years, leaving
2023-10-12 17:48
Australia Consumer Sentiment Rises From Ultra-Low Level
Australian business conditions showed ongoing resilience to elevated price pressures while consumer confidence remained in “deeply pessimistic” territory,
2023-10-10 09:23
Global Markets Face New Geopolitical Risk, View Oil as Guide
Global financial markets already rattled by elevated interest rates now face a fresh dose of geopolitical uncertainty following
2023-10-09 08:45
Star Entertainment Plans $483 Million Equity Raising, AFR Says
Star Entertainment Group Ltd. is preparing to raise A$750 million ($483 million) in equity as part of a
2023-09-24 19:47
National Australia Bank Will Shut Its Hong Kong Office
National Australia Bank Ltd. is planning to close its Hong Kong office and consolidate operations into mainland China,
2023-09-14 11:17