Wealth Growth Daily

Australia

Andrew Forrest’s Wyloo looks for more nickel deals as it seals Mincor buy

BY Reuters  • July 5, 2023July 5, 2023
By Melanie Burton MELBOURNE (Reuters) – Wyloo Metals, the privately held battery resources unit of Australia iron ore baron Andrew Forrest, sees room to grow in nickel as it closes out its A$750[...]
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Asia Australia Business

Factbox-Potential candidates as next chief of Australia’s central bank

BY Reuters  • July 5, 2023July 5, 2023
By Wayne Cole SYDNEY (Reuters) – The Australian government will announce this month whether it would reappoint Reserve Bank of Australia (RBA) Governor Philip Lowe or replace him. Here’s a[...]
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Asia Australia Business Economy Politics

Australia markets in the dark as clock ticks down on govt choice of RBA chief

BY Reuters  • July 5, 2023July 5, 2023
By Wayne Cole SYDNEY (Reuters) – With a July policy meeting done and dusted, the head of Australia’s central bank is waiting to hear if he will remain at the helm or take an early exit as[...]
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Asia Australia Business Economy Politics

Morning Bid: China PMI eyed as U.S. trade war rumbles

BY Reuters  • July 4, 2023July 4, 2023
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The most important Asian economic indicator from a pretty packed calendar[...]
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Asia Australia Business Economy Technology US

Stocks drift as investors balance peak rate hopes with oil price rise

BY Reuters  • July 4, 2023July 4, 2023
By Naomi Rovnick and Xie Yu LONDON/HONG KONG (Reuters) – Global stocks held steady on Tuesday, as investors balanced the inflationary force of rising oil prices with hopes that central banks wou[...]
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Asia Australia Business Economy Europe Updated US

Yen firms amid intervention chatter, trading subdued on US holiday

BY Reuters  • July 4, 2023July 4, 2023
By Harry Robertson and Ankur Banerjee LONDON/SINGAPORE (Reuters) – The dollar fell against the yen on Tuesday as markets remained on high alert for signs of Japanese intervention, but the broade[...]
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Asia Australia Business Canada Economy Europe UK Updated US

Allegro says independent board to oversee PwC Australia’s government business

BY Reuters  • July 3, 2023July 3, 2023
SYDNEY (Reuters) – Australian investment firm Allegro Funds said on Tuesday it would set up an independent board to oversee PwC Australia’s government practice business, which it bought la[...]
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Asia Australia Business Economy US

Australia’s Suncorp forecasts rise in FY24 natural hazard costs amid La Niña

BY Reuters  • July 3, 2023July 3, 2023
(Reuters) -Australian general insurer Suncorp on Tuesday forecast a 12% jump in costs associated with catastrophe reinsurance premiums and natural hazards in fiscal 2024 on the back of adverse weather[...]
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Asia Australia Business Environment Updated

Marketmind: Australia rate decision on a knife edge

BY Reuters  • July 3, 2023July 3, 2023
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The Reserve Bank of Australia takes center stage on Tuesday, with the con[...]
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Asia Australia Business Economy Technology Updated US
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