By Scott Murdoch SYDNEY (Reuters) – Australia’s Westpac Banking Corp has mandated banks to work on two- and five-year U.S.…
Australia’s lopsided swaps market creates pockets of pricing mayhem
By Tom Westbrook and Stella Qiu SINGAPORE/SYDNEY (Reuters) -Volatility has exploded in an obscure but important corner of Australia’s $113-billion-a-day…
Australia’s NAB flags slowing lending growth from rising rates, shares fall
By Sameer Manekar (Reuters) -National Australia Bank (NAB) on Wednesday warned that rising interest rates could impact credit demand in…
Dollar slips as German bund yields strengthen euro
By Herbert Lash NEW YORK (Reuters) – The dollar slid on Tuesday as rising German bond yields strengthened the euro,…
Novavax says Omicron shot shows strong immune response as second booster
(Reuters) – Vaccine maker Novavax Inc said on Tuesday its COVID-19 shot retooled against the Omicron BA.1 variant showed a…
Australia’s top pension fund warns against tapping savings to fix economy
By Praveen Menon SYDNEY (Reuters) – The chief of Australia’s biggest pension fund warned against government efforts to tap into…
New Zealand to probe country’s resilience to supply chain disruptions
By Lucy Craymer WELLINGTON (Reuters) – The New Zealand government said on Tuesday it had asked the Productivity Commission to…
Airlines reboot as COVID sparks a revolution in one-day business trips
By Jamie Freed and Rajesh Kumar Singh SYDNEY/CHICAGO (Reuters) -Airlines around the world are ripping up schedules and bringing in…
Australia business activity stays strong in October, mood darkens
SYDNEY (Reuters) – Australian businesses reported another strong month for sales and profitability in October, though rising costs and a…
Australian consumer sentiment slides as rates, inflation surge
SYDNEY (Reuters) – A measure of Australian consumer sentiment sank in November as rising interest rates and surging inflation clouded…