Wealth Growth Daily

Australia

Dollar dives to two-month low, pound scales 15-month peaks on wage growth data

BY Reuters  • July 11, 2023July 11, 2023
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar declined to a two-month low against a major currency index on Tuesday after Federal Reserve officials signaled that the U.S. central b[...]
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Asia Australia Business Canada Economy Europe UK Updated US

Stocks rise, dollar dips ahead of US inflation data

BY Reuters  • July 11, 2023July 11, 2023
By Lawrence Delevingne and Amanda Cooper (Reuters) -Global shares rose and the dollar pulled back on Tuesday, a day ahead of U.S. inflation data that could warrant a quicker end to Federal Reserve rat[...]
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Asia Australia Business Economy Europe Top News Updated US

EV charger maker Tritium wins order from Hawaii under federal funding program

BY Reuters  • July 11, 2023July 11, 2023
By Abhirup Roy SAN FRANCISCO (Reuters) – Tritium DCFC said on Tuesday it had won an order from Hawaii to make high-speed electric vehicle chargers – the first funds to roll out in a federa[...]
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Asia Australia Business Environment Technology Updated US

World’s biggest gallium buyer says clients stockpiling

BY Reuters  • July 11, 2023July 11, 2023
By Ludwig Burger FRANKFURT (Reuters) – China’s planned export controls on gallium have caused frantic stockpiling of speciality semiconductor wafers made from the metal, according to the w[...]
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Asia Australia Business Canada Economy Europe Politics US

Australia court approves $300m money laundering fine for Blackstone’s Crown Resorts

BY Reuters  • July 11, 2023July 11, 2023
SYDNEY (Reuters) – An Australian court signed off on a A$450 million ($300 million) fine for Blackstone-owned owned casino operator Crown Resorts for breaking anti-money laundering laws, ending[...]
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Asia Australia Business

World Bank names CEOs to help bring private funds to climate, development finance

BY Reuters  • July 10, 2023July 10, 2023
By David Lawder WASHINGTON (Reuters) -The World Bank on Monday named 15 chief executive officers including financiers and asset managers to a group launched by the lender’s president, Ajay Banga[...]
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Africa Asia Australia Business Economy Environment Europe Health Politics UK Updated US

Wall Street muted as traders eye inflation data

BY Reuters  • July 10, 2023July 10, 2023
By Lawrence Delevingne and Nell Mackenzie (Reuters) -Wall Street stocks rose slightly on Monday, while oil prices and the dollar dipped, as investors digested Chinese economic data and looked ahead to[...]
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Asia Australia Business Economy Europe Updated US

US dollar drops to three-week low as Fed rate hikes nearly done

BY Reuters  • July 10, 2023July 10, 2023
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar sank to a three-week low on Monday after comments by Federal Reserve officials reinforced market expectations that the U.S. central ba[...]
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Asia Australia Business Canada Economy Europe UK Updated US

Analysis-Ground down: Australia coffee shops an early inflation casualty

BY Reuters  • July 10, 2023July 10, 2023
By Byron Kaye and Lewis Jackson SYDNEY (Reuters) – The cost of serving up a sandwich with a cup of coffee has hit the roof across Australia’s vaunted cafes, squeezing profits and forcing a[...]
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Asia Australia Business Economy Updated
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