RBA to hold rates at 3.85% in June, but may raise again soon
By Devayani Sathyan BENGALURU (Reuters) – Australia’s central bank will keep its key interest rate unchanged at 3.85% on Tuesday…
Economy
Japan’s Nikkei closes at 32-year high as US default fears ease
By Rocky Swift TOKYO (Reuters) – Japanese stocks rose on Friday, with the benchmark Nikkei index closing at a three-decade…
Analysis-Lufthansa’s ITA deal heralds more European airline tie-ups
By Joanna Plucinska and Angelo Amante LONDON/ROME (Reuters) – Lufthansa’s purchase of a minority stake in Italy’s loss-making ITA Airways…
Analysis-Banks break taboo for high-risk bonds
By CarloGiovanni Boffa and Chiara Elisei (Reuters) – Investors who earned easy money with high-risk bonds invented after the financial…
U.S. regulation fears drive insurers’ climate alliance break-up
By Tommy Wilkes LONDON (Reuters) -The success of Republicans in triggering the break-up of a coalition of insurance firms aimed…
Germany leads big bond rally as inflation finally heads down
By Yoruk Bahceli (Reuters) -Germany is leading the biggest rally in global bond markets since March’s banking rout as cooling…
Marketmind: Markets feel Friday cheer as signs point to Fed pause
A look at the day ahead in European and global markets from Ankur Banerjee A risk-on rally fuelled by rising…
US to stop giving Russia some New START nuclear arms data
By Jonathan Landay and Arshad Mohammed WASHINGTON (Reuters) -The United States said it will stop providing Russia some notifications required…
BOJ’s Ueda keeps free hand, says no time frame for achieving price goal
By Leika Kihara TOKYO (Reuters) – Bank of Japan Governor Kazuo Ueda said the central bank did not have a…
Australia hikes minimum wage as living costs surge
By Stella Qiu SYDNEY (Reuters) -Australia will raise the minimum wage by 5.75% from July 1 as families grapple with…