SYDNEY (Reuters) – Australia’s improved fiscal outcomes from a strong economy and high commodity prices underpin its AAA sovereign rating,…
U.S., European shares climb on hopes Fed will slow rate hike pace
By Chris Prentice and Amanda Cooper WASHINGTON/LONDON (Reuters) – U.S. shares extended last week’s rally and European shares climbed on…
China’s Sept copper imports jump on infrastructure spending
By Siyi Liu and Dominique Patton BEIJING (Reuters) -China’s copper imports in September climbed 25.6% from a year earlier, with…
Australia’s Westpac sees $824 million hit in second half from unit sale
(Reuters) – Australia’s Westpac Banking Corp warned on Monday that its second-half reported net profit and cash earnings will be…
Australia to cut economic growth forecasts on lower consumer spending
SYDNEY (Reuters) – Australia’s economic growth is expected to slow sharply next financial year as rising inflation curbs household consumption,…
Sovereign bond market turmoil to spill well into next year: Reuters poll
By Hari Kishan BENGALURU (Reuters) – Turmoil in global sovereign bond markets is set to persist for another six months…
Facebook threatens to block news content over Canada’s revenue-sharing bill
By Ismail Shakil OTTAWA (Reuters) – Facebook warned on Friday that it may block sharing of news content on its…
Wall St rallies, Treasury yields dip on hopes of easing Fed policy
By Stephen Culp NEW YORK (Reuters) – Wall Street closed sharply higher and benchmark Treasury yields hit pause on Friday…
Dollar sinks vs yen, BOJ intervention suspected ahead of weekend
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar tumbled against the yen on Friday, logging its biggest daily…
BHP chief executive cautiously optimistic about China’s economic growth
LONDON (Reuters) – BHP Group’s Chief Executive Mike Henry said on Friday he was “cautiously optimistic” about the economic outlook…