Westpac ditches cost-cutting target, says profit margins to thin
By Byron Kaye and Roushni Nair (Reuters) -Australia’s Westpac Banking Corp on Monday threw out a cost-cutting target citing inflation…
Australia
Australia business activity robust in April, cost pressures still a challenge
SYDNEY (Reuters) – Australian business conditions remained sturdy in April, supported by robust sales and labour market strength despite high…
Australian govt pledges $10 billion in budget to ease cost of living
SYDNEY (Reuters) – Australia’s centre-left Labor government said on Monday it would include A$14.6 billion ($9.84 billion) over four years…
New Zealand’s hot migration risks fanning inflation, forcing rates even higher
By Lucy Craymer WELLINGTON (Reuters) -Gastroenterologist Wesley Kasen arrived in Hawke’s Bay New Zealand in February with his wife Marnie,…
Stocks rally while Treasuries fall as US jobs data brightens outlook
By Sinéad Carew and Naomi Rovnick NEW YORK/LONDON (Reuters) – A global gauge of stocks rallied and U.S. Treasuries and…
King Charles and royals greet well-wishers ahead of coronation
By Michael Holden LONDON (Reuters) -King Charles greeted excited crowds gathering for his coronation before hosting a reception for world…
Dollar dips against euro as jobs gains offset by negative revisions
By Karen Brettell NEW YORK (Reuters) – The dollar gave back earlier gains against the euro but stayed stronger against…
Australia to predict lower unemployment, higher wages in looming budget
SYDNEY (Reuters) – Australia’s government is set to cut its forecasts for inflation while also predicting lower unemployment for longer…
Factbox-How countries have legislated after mass shootings
(Reuters) – Serbian President Aleksandar Vucic has proposed new gun control measures after two mass shootings in which 17 people…
Australia PM says ‘frustrated’ over continued detention of Julian Assange
SYDNEY (Reuters) – Australian Prime Minister Anthony Albanese said on Friday he was frustrated for not yet finding a diplomatic…