National Australia Bank Will Shut Its Hong Kong Office
National Australia Bank Ltd. is planning to close its Hong Kong office and consolidate operations into mainland China,
2023-09-14 11:20
Australia’s Central Bank Set to Stand Pat at Lowe’s Last Meeting
Australia’s central bank is set to keep interest rates unchanged at Governor Philip Lowe’s final meeting amid mounting
2023-09-04 03:54
Deepfake Imposter Scams Are Driving a New Wave of Fraud
(Bloomberg Markets) -- Computer-generated children’s voices so realistic they fool their own parents. Masks created with photos from social media
2023-08-22 07:27
Westpac Bank Sees Modest Increase in Stress Amid Inflation Rise
Westpac Banking Corp. said it’s seeing a modest increase in customer stress, while inflationary pressures are causing expenses
2023-08-21 06:27
Currency Traders Hang on Every Word as Tokyo Jawbones Yen
Traders are scrutinizing every word from Japanese currency officials with renewed intensity as nine straight days of declines
2023-08-17 16:19
Australia Unemployment Rises to 3.7% as Rate Hikes Take Toll
Australia’s unemployment rate rose more than expected in July as the economy surprisingly shed jobs, signaling the labor
2023-08-17 10:52
Australia Rallies Behind Matildas for Crunch World Cup Match
Australia reached fever pitch ahead of its national team’s first appearance in a Women’s World Cup semi-final match,
2023-08-16 10:50
Yen Weakens Toward Level That Prompted September Intervention
Japan’s currency dropped toward a level that triggered the first yen-buying intervention since 1998 in September as yield
2023-08-15 11:18
Hedge Funds Turned Long Aussie Dollar at Just the Wrong Time
Hedge funds turned the most bullish on the Australian dollar than they’ve been at any point this year,
2023-08-14 11:26
Sliding Aussie Seen Stoking Prices as Shock-Absorber Fades
Australia’s depreciating currency, historically a boon for the world’s 12th largest economy, appears more likely to fuel inflation
2023-08-11 09:24
Commonwealth Bank of Australia Cautions on Economy Even as Profit Climbs
Commonwealth Bank of Australia’s profit climbed as higher interest rates and a buoyant housing market supported results at
2023-08-09 05:58
Australia to Hike Rates Once More, Then Cut in 2024, Poll Shows
Australia’s central bank will raise interest rates one more time in its current tightening cycle, economists say, and
2023-08-07 03:28