SYDNEY (Reuters) – Australia’s central bank is launching 14 pilot projects with the financial industry to develop real world applications for a digital Australian dollar, with the focus on[...]
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Australia
Dollar drops as commodity currencies gain on China optimism; euro rises on hot inflation
By Gertrude Chavez-Dreyfuss and Herbert Lash NEW YORK (Reuters) – The U.S. dollar fell across the board on Wednesday, weighed down by firmer commodity currencies that benefited from China’[...]
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US stocks mostly decline, Treasuries dip as inflation worries linger
By Lawrence Delevingne and Nell Mackenzie (Reuters) -Two of three major Wall Street stock indexes declined on Wednesday, while Treasury yields marched higher, as new inflation indicators from China, G[...]
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China’s factories power ahead, inflation ticks up in Europe
By Jonathan Cable and Leika Kihara LONDON/TOKYO (Reuters) -China’s factory sector grew in February at the fastest pace in more than a decade in a boost for global economy recovery hopes, while d[...]
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Wall St indexes mixed, Treasury prices dip as higher rates loom
By Lawrence Delevingne and Samuel Indyk (Reuters) – Wall Street indexes and global equities were mixed on Tuesday and bonds wrapped up a difficult month with further price declines, as more evid[...]
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Dollar little changed, but headed for 1st monthly gain since September
By Alun John and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) – The dollar was flat to slightly lower against major currencies on Tuesday in choppy trading, after a round of mainly weak ec[...]
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Lockheed Martin hopes to deliver more F-35s to Australia
By Jamie Freed AVALON, Australia (Reuters) -Lockheed Martin Corp hopes Australia wants to buy more of its F-35 fighter planes after the country completes a defence review, an executive at the U.S. man[...]
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Australia to limit tax breaks on multi-million dollar retirement savings
SYDNEY (Reuters) – The Australian government said on Tuesday it would limit tax breaks for members with pension balances of more than A$3 million ($2 million) in the face of mounting pressure on[...]
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Australia retail sales rebound in Jan, but pulse slows
By Wayne Cole SYDNEY (Reuters) -Australian retail sales rebounded in January after a surprise plunge in December that owed much to changing spending habits, though the underlining pulse was facing hea[...]
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