By Herbert Lash and Joice Alves NEW YORK/LONDON (Reuters) -The dollar was little changed on Monday against a basket of major trading currencies and gained against a yen that’s under intervention watch after the Japanese finance minister warned last week of excessive moves in the currency market. The dollar initially weakened on news of U.S….
By Lewis Jackson SYDNEY (Reuters) -PwC Australia has fired eight partners as part of an internal investigation into the leak of confidential government tax plans by another former partner, the firm said on Monday. The eight partners, who have left or are in the process of leaving, include former CEO Tom Seymour, who resigned in…
SYDNEY (Reuters) – An Australian project management firm has filed a lawsuit against Twitter Inc in a U.S. court seeking cumulative payments of about A$1 million ($665,000) over alleged non-payment of bills for work done in four countries, court filings showed. Sydney-based private company Facilitate Corp on June 29 filed the suit in the United…
(Corrects attribution in paragraph 5 to Zip’s ANZ CEO from Director for investor relations) (Reuters) -Australian buy-now-pay-later firm Zip Co is further streamlining its operations and cost base following a recent review, a company official told Reuters on Monday. The move comes as sector grapples with increased regulatory scrutiny and falling valuations amid reduced customer…
By Lucy Craymer WELLINGTON (Reuters) – New Zealand Prime Minister Chris Hipkins trod a careful line on his first trip to China last week as leader, focusing on trade and economic opportunities but avoiding contentious issues such as human rights abuses in Xinjiang or security concerns. Barely three months out from what looks likely to…
By Devayani Sathyan BENGALURU (Reuters) -The Reserve Bank of Australia will likely raise its interest rate by 25 basis points to 4.35% on Tuesday to tame stubbornly high inflation, although a Reuters poll of economists showed the decision to hike or hold was on a knife’s edge. While the latest monthly measure of consumer prices…
SYDNEY (Reuters) – Australian home prices rose for a fourth consecutive month in June as a sustained squeeze on housing supply helped lift values nationwide, data showed on Monday. Property consultant CoreLogic figures showed national home prices were up 1.1% in June from the previous month, after bottoming in February and starting a sustained rise….
LONDON (Reuters) – Britain, Australia and Canada have called on Israel’s government to reverse a decision to approve new settlement units in the West Bank, saying they are “deeply concerned” by an ongoing cycle of violence. This week, Israel approved over 5,700 new settlement units in the West Bank and earlier this month instituted changes…
By Stephen Culp NEW YORK (Reuters) – Wall Street closed sharply higher and the dollar softened on Friday as investors closed the books on a solid quarter, with data showing progress in the Federal Reserve’s efforts to tame inflation. All three major U.S. stock indexes surged, notching weekly, monthly and quarterly gains. “It’s a nice…
By Chuck Mikolajczak NEW YORK (Reuters) – The dollar index was lower on Friday following two straight days of gains, after economic data showed a cooling in consumer spending, raising some doubt about the potential aggressiveness of the Federal Reserve in fighting inflation. U.S. Treasury yields were also mostly lower after the data. The Commerce…
