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Australia

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Republican leaders of Australia and NZ to pledge allegiance to king

The Cheap InvestorMay 5, 2023May 5, 20230

By Alasdair Pal and Lucy Craymer SYDNEY/WELLINGTON (Reuters) – The leaders of Australia and New Zealand will pledge their allegiance…

  • Asia
  • Australia

Australia’s ANZ looks beyond housing as rate hikes hit margins

The Cheap InvestorMay 4, 2023May 5, 20230

By Byron Kaye and Savyata Mishra (Reuters) -Australian lender ANZ Banking Group Ltd said it was diversifying beyond a residential…

  • Asia
  • Australia

Macquarie commodities and markets boss earns $39 million, trumping CEO

The Cheap InvestorMay 4, 2023May 5, 20230

SYDNEY (Reuters) – Macquarie Group’s commodities and global markets (CGM) division head earned about A$57.6 million ($39 million) for the…

  • Asia
  • Australia

Downer faces second class action lawsuit over breach of contract disclosures

The Cheap InvestorMay 4, 20230

(Reuters) – Australia’s Downer EDI said on Friday it was served with a second class action lawsuit by certain shareholders…

  • Asia
  • Australia

Australia central bank frets over upside risks to inflation as it warns on rates

The Cheap InvestorMay 4, 2023May 4, 20230

SYDNEY, May 5 (Reuters) – Australia’s central bank on Friday warned that risks to inflation were on the upside given…

  • Asia
  • Australia

Italy’s TIM seeks final offer for grid by June 9

The Cheap InvestorMay 4, 2023May 4, 20230

By Elvira Pollina and Juby Babu (Reuters) – Telecom Italia (TIM) said on Thursday it was unhappy with sweetened bids…

  • Asia
  • Australia

Dollar gains, euro dips after cautious ECB

The Cheap InvestorMay 4, 2023May 4, 20230

By Karen Brettell NEW YORK (Reuters) – The dollar rose on Thursday against the euro after the European Central Bank…

  • Asia
  • Australia

Australia budget to trim forecast for cost of servicing debt for next three years

The Cheap InvestorMay 4, 2023May 4, 20230

By Lewis Jackson SYDNEY (Reuters) – Australia has lowered its forecast for the cost of servicing government debt over the…

  • Asia
  • Australia

TIM debates grid bids as investor Vivendi challenges strategy

The Cheap InvestorMay 4, 2023May 4, 20230

By Elvira Pollina MILAN (Reuters) – Telecom Italia (TIM) directors will meet on Thursday to decide their response to multibillion…

  • Asia
  • Australia

Albemarle agrees $1.5 billion plan to double Australian lithium hydroxide output

The Cheap InvestorMay 3, 2023May 4, 20230

MELBOURNE (Reuters) -Albemarle has agreed to double the capacity at its lithium hydroxide processing operations in Western Australia to 100,000…

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