By Byron Kaye SYDNEY (Reuters) – Australia’s big banks are pivoting to what analysts say could be a risky fight for growth in the country’s unloved business loans market as a price w[...]
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Australia
New Zealand set to reveal bigger deficit in ‘no frills’ 2023-24 budget
By Lucy Craymer WELLINGTON (Reuters) – New Zealand Labour government is set to reveal a worse budget bottom line and economic outlook on Thursday as it delivers what it calls a “no frills” 2023-[...]
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Wall Street advances, Treasury yields rise as debt-ceiling debate rolls along
By Stephen Culp NEW YORK (Reuters) – U.S. stocks slouched to a higher close on Monday, and benchmark Treasury yields rose amid flickering optimism that Washington will get past partisan wranglin[...]
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Australian consumer mood bleak in May after surprise rate hike, budget
SYDNEY (Reuters) -A measure of Australian consumer sentiment fell in May after a surprise hike in interest rates by the Reserve Bank of Australia (RBA) and a “mildly disappointing” federal[...]
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Buffett sheds stake in TSMC, while Macquarie, Fidelity buy shares -filings
By Carolina Mandl (Reuters) -Big investment firms including Macquarie, Fidelity, Tiger Global and Coatue were among the largest buyers of U.S. listed shares of Taiwanese contract chipmaker TSMC in the[...]
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US dollar retreats from five-week high as debt ceiling stalemate weighs
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar fell from a five-week high on Monday, as investors consolidated gains made last week on the greenback and awaited news from Washington[...]
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Former PwC Australia CEO to retire as partner after tax documents leak scandal
By Alasdair Pal SYDNEY (Reuters) – PricewaterhouseCoopers (PwC) said the former CEO of its Australia business, who stepped down just last week, will retire from the firm, while the auditor also[...]
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Stocks slip as US consumer confidence slumps, dollar gains
By Herbert Lash NEW YORK (Reuters) -The dollar rose on Friday but a gauge of global stocks retreated on a report that showed U.S. consumer sentiment slumped to a six-month low in May, reinforcing bear[...]
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Dollar on pace for biggest weekly rise since February
By Laura Matthews NEW YORK (Reuters) – The U.S. dollar rose against the euro and sterling on Friday, and was on track for its biggest weekly gain since February, as investors shifted to safe hav[...]
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