By Stella Qiu SYDNEY (Reuters) -Australia’s central bank on Friday revised up its forecasts for core inflation and wages growth…
Stocks, dollar slip as rate hike fears unsettle investors
By Herbert Lash and Huw Jones NEW YORK/LONDON (Reuters) – The dollar slid and a global equity rally lost steam…
U.S. dollar falters as Fed outlook weighs; focus on next week’s inflation data
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. dollar fell across the board on Thursday, moving in line with…
Fortescue Metals preparing to cut up to 1,000 jobs – The Australian
SYDNEY (Reuters) – Fortescue Metals Group is looking to cut up to 1,000 jobs across its back office and clean…
Australia’s four biggest banks fully pass on central bank rate hike
(Reuters) – Commonwealth Bank of Australia and Westpac Banking Corp followed their two main rivals on Thursday in saying they…
Shares slip, dollar steady as markets assess Powell comments
By Herbert Lash and Alun John NEW YORK/LONDON (Reuters) -Global shares fell and the dollar was steady on Wednesday as…
U.S. dollar flat to moderately higher, weak outlook intact on Fed outlook
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar was little changed to marginally higher on Wednesday as investors paused…
Exclusive-Peru mines power on despite protests, though shutdown risk looms
By Alexander Villegas and Adam Jourdan ESPINAR, Peru (Reuters) – Peru’s biggest copper mines have been able to maintain production…
Australian bank performance ‘as good as it gets’ as economy starts to cool
By Scott Murdoch and Lewis Jackson SYDNEY (Reuters) – A run of strong earnings and stock market outperformance at Australia’s…
Suncorp cash earnings jump on strong margins and investment returns, shares up
By Roushni Nair (Reuters) -Australia’s Suncorp Group posted a 63% jump in first-half cash earnings on Wednesday, helped by strong…