By Byron Kaye and Lewis Jackson SYDNEY (Reuters) – When Melbourne barista Melinda Elliott had to cut back on casual…
Australia’s top central banker apologises for past rate guidance
SYDNEY (Reuters) – The head of Australia’s central bank on Monday apologised to people who regretted taking out mortgages last…
NZ faces ‘shallow’ recession as rates need to rise more – senior central banker
By Stella Qiu SYDNEY (Reuters) – New Zealand is likely facing a “shallow” recession as interest rates need to rise…
Dollar edges up in range-bound holiday markets
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The dollar edged higher across the board on Friday in a quiet…
Nasdaq falls and dollar rises on investor caution
By Sinéad Carew and Alun John NEW YORK/LONDON (Reuters) – The Nasdaq closed Friday’s shorter session lower with pressure from…
Shares set for weekly gain, Treasury yields fall as investor optimism continues
By Kevin Buckland TOKYO (Reuters) – European stocks were on track for a sixth successive week of gains on Friday…
Australia house prices forecast to slump 16% from peak- Reuters poll
By Vivek Mishra BENGALURU (Reuters) – Australian housing prices that are on a steep decline will likely fall further next…
Australian regulator temporarily halts orders on two Perpetual funds
(Reuters) – Australian securities regulator on Friday directed a unit of asset manager Perpetual Ltd to stop offering or distributing…
NZ’s Fonterra plans to implement new capital structure by late March
(Reuters) – New Zealand dairy giant Fonterra Co-operative Group Ltd said on Friday it would implement its new capital structure,…
Dollar extends losses as Fed minutes signal slower rate hikes
By Samuel Indyk LONDON (Reuters) – The U.S. dollar extended losses on Thursday after the minutes from the Federal Reserve’s…