(Reuters) -Shares of Harvey Norman slumped more than 10% on Tuesday after Australia’s biggest electronics retailer posted a 15% drop in its first-half profit as the cost-of-living pressures crim[...]
Read more
Australia
Wall St gets respite from positive data, dollar pullback
By Lawrence Delevingne and Amanda Cooper (Reuters) – Wall Street and global shares rebounded modestly on Monday on favorable economic data and bargain hunting, but remained within sight of recen[...]
Read more
Dollar slips after recent gains, recent uptrend intact
By Herbert Lash and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar fell from a seven-week high on Monday, tracking a slide in U.S. Treasury yields, as investors consolidated gains afte[...]
Read more
Stellantis invests $155 million in Argentine copper mine
ROME (Reuters) – Carmaker Stellantis said on Monday it had invested $155 million to buy a minority stake in a copper mine in Argentina as part of its global push to secure raw materials for elec[...]
Read more
Australian Treasurer flags two Reserve Bank board replacements
SYDNEY (Reuters) – Two members of Australia’s central bank governing board will stand aside when their terms end later this year to make way for fresh appointments, according to Treasurer[...]
Read more
Australian exporters rekindle China ties amid diplomatic thaw
By Lewis Jackson SYDNEY (Reuters) – Two and a half years after Chinese trade restrictions hit Australian products from coal to wine, a diplomatic thaw between Beijing and Canberra has raised hop[...]
Read more
Yellen says U.S. inflation fight ‘not a straight line’ after price rise data
By David Lawder BENGALURU (Reuters) – U.S. Treasury Secretary Janet Yellen told Reuters on Saturday that new U.S. data showing inflation jumped unexpectedly in January signals that the fight aga[...]
Read more
Global stocks fall, U.S. yields rise after strong economic data
By Chibuike Oguh NEW YORK (Reuters) -Global equity markets fell while U.S. Treasury yields rose on Friday following stronger-than-expected economic data that stoked worries the Federal Reserve will pr[...]
Read more
U.S. dollar holds seven-week high after strong inflation data
By Laura Matthews NEW YORK (Reuters) – The dollar held a seven-week peak on Friday, as another round of data showing still-high inflation reinforced expectations that interest rates could stay h[...]
Read more