SYDNEY, Feb 21 (Reuters) – Australia’s central bank, startled by the risk that inflation could prove stickier than previously thought,…
Australia’s Magnis in deal with Tesla to supply graphite for electric vehicle batteries
(Reuters) – Australia’s graphite developer Magnis Energy on Tuesday said it has signed a binding offtake deal with Tesla Inc…
Shares steady, dollar dips as US holiday lifts rates gloom
By Amanda Cooper LONDON (Reuters) -Global shares inched up on Monday as a U.S. holiday tempered volatility ahead of minutes…
Dollar edges down from six-week peak, Swedish crown jumps
By Samuel Indyk LONDON (Reuters) – The dollar edged lower on Monday but kept close to Friday’s six-week high, after…
Aussie supermarkets set to capitalise on high inflation, but softer demand ahead
By Harshita Swaminathan (Reuters) – Australian supermarkets will reap bigger profits in fiscal 2023 half-year due to decades-high inflation and…
Shares fall with oil prices amid concerns about U.S. Fed rate hikes
By Sinéad Carew NEW YORK (Reuters) – The S&P 500 and the Nasdaq finished in the red on Friday and…
Dollar slips as market eyes upcoming Fed action
By Laura Matthews NEW YORK (Reuters) – The dollar edged lower against the euro and sterling on Friday, as the…
Australia’s central bank says more rate pain needed to tame inflation
By Stella Qiu SYDNEY (Reuters) -Australia’s top central banker again projected further interest rate rises in coming months and said…
Dollar advances as strong U.S. data backs higher rates backdrop
By Gertrude Chavez-Dreyfuss and Laura Matthews NEW YORK (Reuters) – The U.S. dollar held gains against a basket of currencies…
Stocks sink, dollar rises as data fuels inflation, rate hike worries
By Sinéad Carew and Caroline Valetkevitch (Reuters) – Wall Street’s major stock indexes all fell more than 1% while the…