By Lucy Craymer WELLINGTON (Reuters) – The New Zealand central bank considered the impact of recent extreme weather events when deciding to hike the cash rate by 50 basis points on Wednesday, bu[...]
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Australia
Stocks, crude oil advances despite higher interest rate expectations
By Chibuike Oguh NEW YORK (Reuters) -Global equities and crude oil rebounded from earlier losses on Thursday even as economic data continued to show the strength of the U.S. economy and validated the[...]
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Dollar clings to modest gains on data
(Refiling to fix transposed words in penultimate paragraph to make it “have been” instead of “been have”) By Laura Matthews NEW YORK (Reuters) – The dollar clung to modes[...]
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Qantas leaps to record H1 profit but fare moderation spooks investors
By Byron Kaye and Savyata Mishra SYDNEY (Reuters) – Australian flagship airline Qantas Airways Ltd swung to a record first-half profit as appetite for travel grew faster than it could sell seats[...]
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Australia’s Medibank posts profit, policyholder growth; shares jump
By Harish Sridharan (Reuters) – Medibank Private Ltd, Australia’s top health insurer, reported a bigger-than-expected rise in first-half profit on Thursday and said it signed on policyhold[...]
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Star Entertainment raising $545 million after record loss, suspends dividends
By Riya Sharma and Scott Murdoch SYDNEY (Reuters) -Star Entertainment Group Ltd said it was raising A$800 million ($545 million) to repay debt and suspending dividend payments, as it turned in a recor[...]
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Australia advertises job on central bank’s policy-setting board
SYDNEY (Reuters) – Australia’s government is advertising a job on the policy-setting board of the Reserve Bank of Australia, the first time the powerful position has been thrown open to al[...]
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Star to raise $544.24 million in equity amid regulatory uncertainties
(Reuters) – Casino operator Star Entertainment Group said on Thursday it was looking to raise A$800 million ($544.24 million), even as the embattled firm tries to recover from regulatory concern[...]
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U.S. dollar strengthens as Fed minutes signal higher rates
By Laura Matthews NEW YORK (Reuters) – The dollar strengthened on Wednesday after U.S. Federal Reserve meeting minutes showed policymakers are determined to use a slower pace of interest-rate hi[...]
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