Six Pacific countries at high risk of debt distress – World Bank
WELLINGTON (Reuters) – Six Pacific countries are at a high risk of debt distress in part due to government spending…
Australia
NZ sees bigger deficit as economy sputters, spending boost to fan inflation
By Lucy Craymer WELLINGTON (Reuters) -New Zealand on Thursday announced a worse-than-forecast budget deficit as a slowing economy and a…
Top Australian sporting bodies endorse Indigenous referendum as support dips
By Praveen Menon SYDNEY (Reuters) – Two of Australia’s top football codes on Thursday backed a proposal to constitutionally recognise…
Australia employment unexpectedly drops, reinforcing rate pause bets
By Stella Qiu SYDNEY (Reuters) -Australia employment unexpectedly dipped in April after two months of outsized gains, and the jobless…
New Zealand set to deliver no frills budget as election looms
By Lucy Craymer WELLINGTON (Reuters) – New Zealand is set to deliver what it calls a “no frills” budget on…
With China looming, Biden plans new Pacific islands summit after PNG no-show
By Jeff Mason and Kirsty Needham ABOARD AIR FORCE ONE/SYDNEY (Reuters) -U.S. President Joe Biden will arrange another summit of…
Wall St ends sharply higher, dollar hits seven-week high as debt limit talks advance
By Stephen Culp NEW YORK (Reuters) – Wall Street rallied to a higher close on Wednesday, gathering momentum throughout the…
US dollar scales seven-week peak after solid data, debt-ceiling optimism
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar rose to a seven-week high on Wednesday, boosted by optimism about…
Brazil’s antitrust watchdog approves L’Oreal deal to buy Aesop
SAO PAULO (Reuters) – Brazil’s antitrust regulator Cade on Wednesday recommended the approval of the sale of Natura & Co’s…
Australia wage growth hits decade-high, quarterly gains miss forecasts
SYDNEY (Reuters) -Australian wages grew at the fastest annual pace in a decade last quarter, although quarterly gains missed forecasts,…