SYDNEY (Reuters) – Australian business conditions rebounded sharply in January after three months of slowdown while cost pressures picked up…
Australian consumers shell-shocked as interest rates climb
SYDNEY (Reuters) – Australian consumer sentiment took a dark turn last week after the country’s central bank raised interest rates…
Shares rise, bond yields dip ahead of U.S. inflation data
By Sinéad Carew and Amanda Cooper NEW YORK/LONDON (Reuters) – Wall Street equity indexes closed up more than 1% on…
Star Entertainment warns of up to $1.1 billion earnings hit, shares plumb record low
By Savyata Mishra (Reuters) -Australia’s Star Entertainment Group on Monday warned of an up to A$1.6 billion ($1.11 billion) impairment…
Australia’s Aurizon cuts earnings forecast on prolonged wet weather
(Reuters) – Australia’s Aurizon Holdings on Monday reported a 34% fall in its first-half underlying profit and slashed its annual…
Australia’s top central banker to face lawmaker ire over rate hikes
SYDNEY (Reuters) – Australia’s top central banker will face a grilling at parliamentary hearings this week after surprising many with…
Australia’s IAG cash earnings jump 27% on growth across key businesses, dividend steady
(Reuters) – Insurance Australia Group reported a 26.7% jump in its first-half cash earnings on Monday, boosted by volume growth…
Exclusive-To tap U.S. government billions, Tesla must unlock EV chargers
By Jarrett Renshaw and Hyunjoo Jin (Reuters) -Tesla CEO Elon Musk has often talked about opening his Supercharging network to…
Stocks slip, dollar gains on tighter policy outlook
By Herbert Lash NEW YORK/LONDON (Reuters) -The dollar firmed and global equity markets fell on Friday as rising interest rates…
Dollar rises as investors look to next week’s inflation report; yen gains
(Recasts, adds new comment, U.S. data, updates prices) By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar gained on Friday…