(Reuters) – Along with offering a place in the tennis history books, the four Grand Slams – the biggest events on the tennis calendar – also provide serious financial incentives for the champions. Here is what you need to know about the prize pot on offer at Wimbledon: WHAT IS THE TOTAL PRIZE FUND IN…
By Lucy Craymer AUCKLAND (Reuters) -Members of a major trans-Pacific trade pact said on Sunday they were gathering information on China, Taiwan and other countries interested in joining the agreement to see whether they were able to meet the pact’s “high standards”. The comments followed the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) meeting…
SYDNEY (Reuters) – Australian Treasurer Jim Chalmers said on Sunday that he expected the nation’s jobless rate to lift from near a 48-year low on the back of higher interest rates and slowing global growth. “As the Reserve Bank forecasts and the Treasury forecasts have inflation moderating over the coming months, they do have a…
SYDNEY (Reuters) – Australian Treasurer Jim Chalmers expressed optimism on Saturday about progress on a long-awaited overhaul of global corporate taxation at a meeting of Group of 20 (G20) nations in India. “There’s been progress made over the years and we want to advance that progress further,” Chalmers told ABC television, referring to the meeting…
By Lawrence Delevingne (Reuters) -Wall Street stocks mostly held on to their previous gains on Friday, while the dollar stayed near 15-month lows, after U.S. inflation data this week unleashed a wave of investor optimism that the U.S. Federal Reserve was nearing the end of its rate-hiking cycle. Data showed on Wednesday U.S. consumer prices…
By Gertrude Chavez-Dreyfuss and Joice Alves NEW YORK/LONDON (Reuters) – The U.S. dollar bounced on Friday after falling sharply the last few days, as investors consolidated losses ahead of the weekend, but its trajectory remained tilted to the downside with the Federal Reserve thought near the end of its rate hike cycle amid softening inflation….
By Lewis Jackson SYDNEY (Reuters) -An Australian real estate investment trust (REIT) has limited how much investors can withdraw from one of its largest office funds citing challenging property conditions, in the latest sign of trouble for the embattled commercial property sector. Investors in the unlisted A$2.5 billion ($1.72 billion) Charter Hall Direct PFA Fund…
By Wayne Cole SYDNEY (Reuters) – Australia has appointed the first female head of its central bank, passing over the current governor to elevate his deputy to the high-profile job amid a public backlash over steeply rising interest rates. Australian Treasurer Jim Chalmers and Prime Minister Anthony Albanese on Friday announced Michele Bullock would head…
By Lucy Craymer WELLINGTON (Reuters) – Members of a major trans-Pacific trade pact meeting in Auckland on Sunday are set to discuss applications by China and Taiwan to join the group, proposals that have deepened the rancour among the neighbours and divided the opinions of member-nations. The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)…
By Byron Kaye SYDNEY (Reuters) – National Australia Bank (NAB), the No.3 lender, reached a deal that lets employees work from home, a union said on Friday, one of the world’s first to give private-sector staff legal protection for remote work. As part of a broader deal that guarantees pay rises for 80% of the…