Australia
Australia’s central lender says plan is restrictive, causing homes discomfort
Australia’s central financial institution said on Wednesday that financial plan was restrictive with the present funds price causing economic pain for a lot of homes, but it could not rule out even further tightening if necessary to tame inflation. Pavlo Gonchar | Lightrocket | Getty Photographs Australia’s central bank said on Wednesday that monetary policy was restrictive with the current income rate causing financial pain for […]
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Australia drops case against Elon Musk’s social media platform X over church stabbing footage
Elon Musk, co-founder of Tesla and SpaceX and owner of X Holdings Corp., speaks at the Milken Institute’s Global Conference at the Beverly Hilton Hotel,on May 6, 2024 in Beverly Hills, California. Apu Gomes | Getty Images Australia on Wednesday announced it had dropped its legal battle against Elon Musk’s X to have graphic footage […]
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India stocks steady after massive declines as investors digest election results; broader Asia markets mixed
Indian Prime Minister Narendra Modi gestures as he arrives at Bharatiya Janata Party (BJP) headquarters in New Delhi, India, June 4, 2024. Adnan Abidi | Reuters Asia-Pacific markets were mixed on Wednesday, with stocks in India stabilizing after a heavy sell-off in the previous session as investors assessed India’s election results. The Nifty 50 index edged […]
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The best banks in the Asia-Pacific region, according to customers
SINGAPORE — Customers in Asia-Pacific have picked their favorite banks as lenders scramble to meet consumer expectations in a fast-changing environment. After a prolonged period of high inflation — and interest rates — banks in the region are starting to navigate the global trend of lower rates. They’re also facing technological innovation that has the […]
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India’s Nifty plummets 3.5% to lead Asia markets lower as election vote counting kicks off
A woman walks past Bombay Stock Exchange (BSE) office in Mumbai, India, 18 July, 2022. Nurphoto | Nurphoto | Getty Images India stocks slumped to lead Asia markets lower Tuesday, as the country started counting votes for its 2024 general election. The world’s most populous country started counting votes at 8 a.m. local time, with […]
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Asia markets poised to open up generally greater forward of China information
Signage for the Shanghai Stock Trade in Pudong’s Lujiazui Money District in Shanghai, China, on Jan. 29, 2024. Bloomberg | Bloomberg | Getty Photos Most significant Asia-Pacific stock marketplaces had been established to open up bigger Monday in advance of a private survey on China’s producing sector. The Caixin production survey will stick to official […]
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Asia markets set for a mixed open on data-heavy day
An investor watching share prices at the securities trading floor of Asia Commercial Bank in Hanoi, Vietnam. Hoang Dinh Nam | AFP | Getty Images Asia-Pacific markets were set for a mixed open on Friday as investors awaited data from major economies across the region. Japan is set to release industrial production figures, while China […]
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Japan’s Nikkei down 2%, leading losses in Asia ahead of data deluge on Friday
Commercial and residential buildings are illuminated at dawn in Seoul, South Korea, on Saturday, Oct. 21, 2023. South Korea has prepared a financial support program of 75.9 trillion won ($56.97 billion) for companies increasing investment in key sectors as well as small businesses struggling with the impact of high interest rates. Bloomberg | Bloomberg | Getty […]
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Asia markets poised to open combined immediately after Nasdaq hits fresh new document large
Reserve Bank of Australia (RBA) at the central bank’s setting up in Sydney, Australia on May 2, 2022. Brendon Thorne | Bloomberg | Getty Visuals Asia-Pacific marketplaces are set for a combined open up on Wednesday as the Nasdaq Composite strike an additional new document large on Wall Street to surpass 17,000 for the first […]
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Asia markets range bound as ECB officials hint at rate cut, Australia retail sales on deck
The Melbourne skyline is reflected in the Maribyrnong River in the early morning light on April 18, 2023. William West | AFP | Getty Images Asia-Pacific markets were range bound on Tuesday as investors assess comments from the European Central Bank officials signaling that rate cuts may be on the horizon for the world’s largest […]
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