Australia’s subdued Q1 GDP points to need for more easing SYDNEY: Australia’s economy barely grew in the first quarter as consumers stayed stubbornly frugal and government... Published 04 Jun, 2025 07:27am
Business & Finance NZ central bank cuts rates 25 bps, flags slightly deeper easing cycle amid global risks WELLINGTON: New Zealand’s central bank cut its benchmark rate by 25 basis points to 3.25% and flagged a slightly... Published 28 May, 2025 10:40am
Markets Australia, New Zealand dollars stall as rallies run into resistance SYDNEY: The Australian and New Zealand dollars were unable to sustain gains and edged away from six-month highs on... Published 27 May, 2025 11:20am
Business & Finance RBA to lower key rate by 25 bps on May 20, two more cuts likely this year BENGALURU: The Reserve Bank of Australia will cut its key rate by 25 basis points on Tuesday and twice more this... Published 16 May, 2025 08:25am
Markets Australia, NZ dollars gain as policy confusion dogs greenback SYDNEY: The Australian and New Zealand dollars were on the rise again on Wednesday as the latest changes in White... Published 23 Apr, 2025 10:57am
Markets Australian shares rise on miners’ gains SYDNEY: Australian shares ended higher on Thursday as miners drove gains on stronger underlying commodity prices,... Published 19 Apr, 2025 05:45am
Markets Banks lift Australia shares after Fed’s Powell comments calm tariff jitters Australian shares advanced 1% on Thursday, led by banks after the US Federal Reserve hinted it would reduce... Published 20 Mar, 2025 10:18am
Markets Dollar wobbles as Fed soothes market nerves with rate cut projection SINGAPORE: The dollar was softer on Thursday after the Federal Reserve indicated interest rate cuts were likely... Published 20 Mar, 2025 10:08am
Markets Australia shares end marginally higher on mining, real estate gains Australian shares ended marginally higher on Tuesday, as real estate and commodity stocks rose while banks declined... Published 18 Mar, 2025 12:22pm
Business & Finance Australia inflation cools in Q4, opens door to rate cut SYDNEY: Australian consumer prices rose at the slowest pace in almost four years in the December quarter, while a... Published 29 Jan, 2025 11:28am
Markets Australia, NZ dollars climb on yen as BOJ decision looms SYDNEY: The Australian and New Zealand dollars clung onto gains against the yen on Thursday as traders braced for an... Published 23 Jan, 2025 12:23pm
Markets Australian dollar on defensive as RBA opens door to easing SYDNEY: The Australian dollar stayed on the defensive on Tuesday after the country’s central bank signalled it was... Published 24 Dec, 2024 12:08pm
Markets Aussie drops after RBA softens tone; US dollar steady before CPI TOKYO: The Australian dollar sank towards a four-month low on Tuesday after the central bank softened its tone on... Published 10 Dec, 2024 09:50am
Markets Loonie, Aussie in focus while US dollar idles SINGAPORE: The Canadian dollar and Australian dollar were in focus on Monday ahead of their central bank meetings... Published 09 Dec, 2024 09:52am
Markets Australia, NZ dollars get rare bounce, RBA in no rush to ease SYDNEY: The Australian and New Zealand dollars clung to rare gains on Tuesday as commodities pared a little of their... Published 19 Nov, 2024 12:05pm
Business & Finance Australia’s central bank keeps cash rate at 4.35%, as expected SYDNEY: Australia’s central bank held interest rates steady on Tuesday as expected, reiterating policy would need to... Published 05 Nov, 2024 12:11pm
Markets Dollar droops on election day after ‘Trump trade’ unwind TOKYO: The dollar started Tuesday on the defensive as traders squared positions on the day of the US presidential... Published 05 Nov, 2024 09:37am
Markets Australian, NZ dollars turn lower as yuan skids to one-month trough SYDNEY: The Australian and New Zealand dollars struggled to make new ground on Tuesday even as Wall Street soared to... Published 15 Oct, 2024 11:00am
Markets Dollar falls on bets for dovish Fed SINGAPORE: The US dollar declined broadly on Monday and slid against the yen in particular as investors bet on a... Published 19 Aug, 2024 09:57am
Markets Australia, NZ dollars set for biggest two-week drop in almost two years SYDNEY: The Australian and New Zealand dollars were set for the biggest two-week drop in nearly two years as a bout... Published 26 Jul, 2024 10:02am
Markets Australia, NZ dollars cheer US inflation relief, jobs news SYDNEY: The Australian and New Zealand dollars were consolidating gains on Thursday after a surprisingly soft... Published 13 Jun, 2024 10:36am
Markets Australia, NZ dollars suffer setback, rate outlook clouded SYDNEY: The Australian and New Zealand dollars steadied on Thursday after suffering a setback from a surge in US... Published 30 May, 2024 11:07am
Markets Yen falls after BOJ ends negative rates; Aussie slips SINGAPORE: The yen fell on Tuesday after the Bank of Japan (BOJ) ended its negative interest rate policy in a... Published 19 Mar, 2024 09:53am
Markets Australian dollar struggles as economy comes to a standstill SYDNEY: The Australian and New Zealand dollars were under pressure again on Wednesday as soft economic data... Published 06 Mar, 2024 11:36am
Business & Finance Dollar eases, Fed policy path on interest rates in focus NEW YORK: The dollar edged lower against major currencies on Tuesday, but remained close to its highest level in... Published 07 Feb, 2024 05:30am
Business & Finance Australia’s central bank holds cash rate at 4.35% SYDNEY: Australia’s central bank held interest rates steady on Tuesday as expected, but cautioned that a further... Published 06 Feb, 2024 10:48am
Markets Australia dollar off the floor as RBA keeps door ajar for rate hike SYDNEY: The Australian dollar pared some of its recent hefty losses on Tuesday after the country’s central bank held... Published 06 Feb, 2024 10:45am
Markets Australia, NZ dollars hit one-month lows as support breaks SYDNEY: The Australian and New Zealand dollars hit one-month lows on Tuesday after breaching key support levels as... Published 16 Jan, 2024 10:16am
Business & Finance Australia, NZ dlrs extend declines against yen SYDNEY: The Australian and New Zealand dollars extended their losses against the yen to multi-week lows on Friday as... Published 09 Dec, 2023 05:46am
Markets Australia, NZ dollars extend declines against yen to multi-week lows SYDNEY: The Australian and New Zealand dollars extended their losses against the yen to multi-week lows on Friday as... Published 08 Dec, 2023 10:16am