By Stella Qiu SYDNEY (Reuters) -Australia’s central bank on Tuesday raised interest rates by a quarter-point to an 11-year high, and warned that further tightening may be required to ensure that[...]
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Australia
Global housing outlook brightens despite pressure from higher rates: Reuters poll
By Hari Kishan and Sarupya Ganguly BENGALURU (Reuters) – The outlook for most major housing markets has improved slightly from three months ago despite high interest rates, according to Reuters[...]
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Chevron produces first gas from Gorgon Stage 2 development off Western Australia
SINGAPORE (Reuters) – Chevron said on Tuesday it has started producing gas from the Gorgon Stage 2 development project off the coast of Western Australia. The development expands the existing su[...]
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Australian lender Westpac to raise interest rates after cenbank hike
(Reuters) – Top Australian lender Westpac Banking Corp said on Tuesday that it will raise its home loan variable interest rates by 25 basis points (bps), in line with the Reserve Bank of Austral[...]
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Dell Australia found guilty of misleading customers on monitor prices, discounts
(Reuters) – Dell Technologies Inc’s Australian unit has been found guilty by the country’s Federal Court to have misled customers about the prices or discounts on its add-on monitors[...]
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Bourse operator ASX on track for worst day in 11 years on higher cost outlook
By Navya Mittal (Reuters) – ASX Ltd lifted its capital expenditure outlook for fiscal 2024 on Tuesday, sending shares of the Australian bourse operator on track for their worst day since August[...]
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Commonwealth Bank of Australia removes international money transfer fee
(Reuters) – Commonwealth Bank of Australia, the country’s biggest lender, said on Tuesday it was removing transaction fees for its domestic retail and business banking customers sending mo[...]
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Australian corporate regulator urges disclosure on impact on assets for results
(Reuters) – The Australian corporate regulator said on Tuesday that it had urged companies to make full disclosures of impact of COVID-19 and rising interest rates on asset valuations in their u[...]
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Shares steady on hopes for rate-hike hiatus in June
By Lawrence White and Koh Gui Qing NEW YORK/LONDON (Reuters) – World stocks and the dollar dipped on Monday as investors mulled whether the Federal Reserve will refrain from raising rates in Jun[...]
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