RBA to hold rates at 3.85% in June, but may raise again soon
By Devayani Sathyan BENGALURU (Reuters) – Australia’s central bank will keep its key interest rate unchanged at 3.85% on Tuesday…
Asia
Japan’s Nikkei closes at 32-year high as US default fears ease
By Rocky Swift TOKYO (Reuters) – Japanese stocks rose on Friday, with the benchmark Nikkei index closing at a three-decade…
Exclusive-U.S. seeking explosives in Japan for Ukraine artillery shells – sources
By Tim Kelly, Nobuhiro Kubo, Yukiko Toyoda and Kaori Kaneko TOKYO (Reuters) – The United States is seeking to secure…
U.S. regulation fears drive insurers’ climate alliance break-up
By Tommy Wilkes LONDON (Reuters) -The success of Republicans in triggering the break-up of a coalition of insurance firms aimed…
Australia’s largest pension fund freezes work with auditor PwC
By Lewis Jackson SYDNEY (Reuters) – Australia’s largest pension fund will pause use of the domestic unit of auditor PricewaterhouseCoopers…
Germany leads big bond rally as inflation finally heads down
By Yoruk Bahceli (Reuters) -Germany is leading the biggest rally in global bond markets since March’s banking rout as cooling…
Australia hikes minimum wage as living costs surge
By Stella Qiu SYDNEY (Reuters) -Australia will raise the minimum wage by 5.75% from July 1 as families grapple with…
Japan’s Q1 GDP growth seen revised up on strong capex: Reuters poll
By Kantaro Komiya TOKYO (Reuters) – Japan’s economy likely grew more than initially estimated in the first three months of…
Newly approved US flights by Chinese airlines avoid Russian airspace
By David Shepardson WASHINGTON (Reuters) – Chinese airlines are avoiding flying over Russian airspace in newly approved flights to and…
South Korean inflation cools to 19-month low, core remains higher
By Jihoon Lee SEOUL (Reuters) -South Korea’s consumer inflation eased for a fourth consecutive month in May to the lowest…