Wealth Growth Daily

Australia

Yen gains before Powell speech, Aussie jumps

BY Reuters  • November 29, 2022November 29, 2022
By Karen Brettell NEW YORK (Reuters) – The greenback edged lower against the Japanese yen on Tuesday with Federal Reserve chairman Jerome Powell due to speak on Wednesday, while the Aussie dolla[...]
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Australia court dismisses customer fees lawsuit against CBA

BY Reuters  • November 29, 2022November 29, 2022
(Reuters) -The Australian Federal Court has dismissed proceedings initiated by the country’s securities regulator against top lender Commonwealth Bank of Australia over alleged incorrect chargin[...]
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Asia Australia Business Updated

Chevron Australia finds nearly half its workers have suffered workplace bullying

BY Reuters  • November 29, 2022November 29, 2022
MELBOURNE (Reuters) – Chevron Corp on Tuesday said nearly half its workers in Australia had been bullied in the past five years and nearly a third had experienced sexual harassment, with women s[...]
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Asia Australia Business Economy US

Australia’s Fortescue taps Woodside veteran as CEO amid green energy push

BY Reuters  • November 29, 2022November 29, 2022
(Reuters) – Australia’s Fortescue Metals Group on Tuesday appointed former Woodside Energy executive Fiona Hick as its chief executive officer, effective February 2023, as Elizabeth Gaines[...]
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Asia Australia Business Updated

Dollar rebounds on Fed expectations, Aussie drops

BY Reuters  • November 29, 2022November 29, 2022
By Karen Brettell NEW YORK (Reuters) – The dollar clawed back earlier losses on Monday as a hawkish Federal Reserve official laid out the case for further rate hikes, while the Australian dollar[...]
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Asia Australia Business Canada Economy Europe UK Updated US

Wall St falls as U.S. crude oil shakes off losses

BY Reuters  • November 28, 2022November 28, 2022
By Sinéad Carew and Lawrence White NEW YORK/LONDON (Reuters) – Wall Street equities deepened losses on Monday while U.S. oil futures reversed course to settle higher on production rumors after s[...]
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Asia Australia Business Economy Europe Top News Updated US

Analysis-Australian buy-now, pay-later sector faces fresh hurdle: regulation

BY Reuters  • November 28, 2022November 28, 2022
By Byron Kaye and Lewis Jackson SYDNEY (Reuters) – When Melbourne barista Melinda Elliott had to cut back on casual work shifts this year, she asked her buy-now, pay-later (BNPL) provider, After[...]
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Asia Australia Business Economy Technology Top News Updated US

NZ faces ‘shallow’ recession as rates need to rise more – senior central banker

BY Reuters  • November 28, 2022November 28, 2022
By Stella Qiu SYDNEY (Reuters) – New Zealand is likely facing a “shallow” recession as interest rates need to rise further to tame inflation, a top central banker said on Monday, sug[...]
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Asia Australia Business Economy

Dollar edges up in range-bound holiday markets

BY Reuters  • November 25, 2022November 25, 2022
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The dollar edged higher across the board on Friday in a quiet session following the U.S. Thanksgiving holiday but remained near multi-month lows as the[...]
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