By Wayne Cole SYDNEY (Reuters) – Australian retail spending rebounded in May as consumers were tempted by online sales events and promotional discounting, a sign of resilience in consumption that might add to the case for another rise in interest rates. Data from the Australian Bureau of Statistics (ABS) on Thursday showed nominal retail sales…
SYDNEY (Reuters) – Job vacancies in Australia fell in the three months to May, the fourth straight quarter of decline, but were still far above pre-pandemic levels as demand for labour remains strong. Figures from the Australian Bureau of Statistics (ABS) out on Thursday showed vacancies in the May quarter fell 2.0%, from the previous…
By Kylie Madry MEXICO CITY (Reuters) – Mexico may repurchase about $4.2 billion in outstanding bonds issued to finance a partly built Mexico City airport that was later canceled, a senior official said on Wednesday. “It’s a possibility,” Deputy Transportation Minister Rogelio Jimenez Pons told reporters, noting that the finance ministry would lead any talks…
By Kylie Madry MEXICO CITY (Reuters) – Mexico may repurchase about $4.2 billion in outstanding bonds issued to finance a partly built Mexico City airport that was later canceled, a senior official said on Wednesday. “It’s a possibility,” Deputy Transportation Minister Rogelio Jimenez Pons told reporters, noting that the finance ministry would lead any talks…
By Yuka Obayashi TOKYO (Reuters) – Oil prices eased on Thursday, paring some of the previous day’s gains, as investors took profits on concerns that further interest rate hikes by central banks could dampen economic growth and global fuel demand. Brent crude futures fell 27 cents, or 0.4%, to $73.76 a barrel by 0052 GMT….
SYDNEY (Reuters) – New Zealand’s business confidence improved in June, hitting the highest read since November 2021, while expected own activity moved to positive territory for the first time in 14 months, an ANZ Bank survey showed on Thursday. The survey’s headline measure showed a net 18% of respondents expected the economy to deteriorate over…
BRISBANE (Reuters) – Regulators urgently need to fast track approvals for new mines and the renewable energy projects to power them to ensure the supply of minerals essential to averting climate change, gold miner Newcrest’s interim head said on Thursday. “We are urgently off course and we need to course correct immediately,” Sherry Duhe, interim…
By Matt Tracy (Reuters) -Several overseas investors were interested in SL Green Realty’s 245 Park Ave tower before Japanese real estate developer Mori Trust bought half of it, a source familiar with the matter said, an illustration of how some corners of the property market have withstood falling prices. Office space in Manhattan has sold…
By Jihoon Lee SEOUL (Reuters) – South Korea’s downtrend in exports likely slowed in June, with the trade balance set to swing to a surplus for the first time in 16 months, a Reuters survey showed, raising the prospect of an end to a sustained fall in shipments that began late last year. South Korea…
(Reuters) – Twitter’s new chief executive, Linda Yaccarino, is working on a slew of measures to bring back advertisers who left the platform under Elon Musk’s ownership, including introducing a video ads service, pursuing more celebrities and raising headcount, the Financial Times (FT) reported on Wednesday. Yaccarino, who started as CEO on June 5, is…
