By Lewis Jackson SYDNEY (Reuters) – Australia has lowered its forecast for the cost of servicing government debt over the next three years, though the government still sees annual repayments ris[...]
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Australia
TIM debates grid bids as investor Vivendi challenges strategy
By Elvira Pollina MILAN (Reuters) – Telecom Italia (TIM) directors will meet on Thursday to decide their response to multibillion bids for the phone company’s landline grid as top investor[...]
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Australia’s exports to China hit record highs as barriers ease
SYDNEY (Reuters) – Australia’s exports to China surged to record highs in March as the Asian giant sucked in more iron for its steel industry and lowered barriers to thermal coal shipments[...]
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Australia’s NAB warns of end to windfall from rising rates
By Byron Kaye and Himanshi Akhand (Reuters) – National Australia Bank Ltd, the country’s No. 2 lender, fell short of analyst forecasts in half-year profit released on Thursday and took a h[...]
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RBA to hike rates further this year, say economists in snap poll
By Devayani Sathyan BENGALURU (Reuters) -Australia’s central bank will likely deliver one more 25-basis-point interest rate increase by end-September to 4.10% following a surprise hike on Tuesda[...]
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Marketmind: Fed eyes pause, market bets on pivot
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The Fed on Wednesday delivered what markets are convinced will be the last rate hike of the cycle, bon[...]
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Equities choppy while Treasury yields, dollar retreat in choppy trading after Fed hikes rates
(Corrects firm name to RBC Wealth Management from RBC Portfolio Advisory Group in paragraph 5) By Sinéad Carew NEW YORK (Reuters) – MSCI’s gauge of stock markets around the world was advan[...]
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Dollar holds losses after Fed hikes, signals pause
By Karen Brettell NEW YORK (Reuters) – The dollar fell on Wednesday after the Federal Reserve raised interest rates by a quarter of a percentage point and signaled it may pause further increases[...]
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Australia central bank surprised by rapid recovery in population growth -official
SYDNEY (Reuters) – Australia’s central bank said on Wednesday that a rapid recovery in population growth was a big surprise for the bank’s economic forecasts, pushing up rents and le[...]
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