Wealth Growth Daily

Australia

Westpac hires RBA assistant gov Luci Ellis as chief economist

BY Reuters  • July 10, 2023July 10, 2023
SYDNEY (Reuters) – Australia’s central bank is set to lose a top official to the private sector amid a broader shake-up that could soon see its chief replaced. Westpac announced on Monday[...]
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Asia Australia Business Economy

Global stocks index flat, Dollar falls on mixed U.S. jobs data

BY Reuters  • July 7, 2023July 7, 2023
By Sinéad Carew NEW YORK (Reuters) – MSCI’s global equity index ended Friday’s session virtually unchanged while the dollar was lower as government data showed that U.S. jobs growth[...]
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Asia Australia Business Economy Europe Top News Updated US

Dollar slips as US job growth slows in June, yen jumps

BY Reuters  • July 7, 2023July 7, 2023
By Herbert Lash and Amanda Cooper NEW YORK/LONDON (Reuters) -The dollar slumped on Friday after signs of a less resilient U.S. labor market reduced the outlook for how long the Federal Reserves will k[...]
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Asia Australia Business Canada Economy Europe UK Updated US

Analysis-Peru copper miners say red tape snarling red metal production ramp-up

BY Reuters  • July 7, 2023July 7, 2023
By Marco Aquino LIMA (Reuters) – Copper miners in Peru, already battling political uncertainty and regular protests, say they have another hurdle to revving up stalled production of the red meta[...]
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Africa Asia Australia Business Central America Environment Europe Latin America Politics Top News Updated US

National Australia Bank to change home loan refinancing criteria

BY Reuters  • July 7, 2023July 7, 2023
(Reuters) – National Australia Bank (NAB) on Friday said it would refresh its approach to like-for-like refinancing criteria to help customers who would otherwise fail to meet an industry standa[...]
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Asia Australia Business Economy

Uber, Facebook linked to PwC Australia tax schemes based on leaked government plans

BY Reuters  • July 7, 2023July 7, 2023
By Lewis Jackson SYDNEY (Reuters) – PwC Australia advised Uber and Facebook how to restructure in face of an Australian law clamping down on tax avoidance, but both companies said on Friday they[...]
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Asia Australia Business Economy Technology US

Stocks sink as bond yields rise, U.S. jobs data fuels rate hike fears

BY Reuters  • July 7, 2023July 7, 2023
By Sinéad Carew and Marc Jones NEW YORK/LONDON (Reuters) – MSCI’s global index of stocks fell on Thursday while Treasury yields rose as a surge in U.S. private payrolls prompted concerns t[...]
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Asia Australia Business Economy Europe Top News Updated US

Marketmind: Markets buckle under US rates, China blues

BY Reuters  • July 6, 2023July 6, 2023
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets are set for a torrid end to the week on Friday as another s[...]
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Asia Australia Business Economy Technology US

Dollar eases after strong labor market reports

BY Reuters  • July 6, 2023July 6, 2023
By Herbert Lash NEW YORK (Reuters) -The dollar eased after a brief rebound on Thursday as data showing the U.S. labor market remains strong increased chances the Federal Reserve will raise interest ra[...]
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Asia Australia Business Canada Economy Europe UK Updated US
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