17/01 Shares in Woolworths fell more than 8 percent on Thursday after the South African department store operator posted slower half-year sales growth and said it expected its headline earnings to drop by 5 percent in the period.
18/01 Australian shares climbed to a more than
two-month high early on Friday, with banks and material stocks
leading gains as renewed hopes for a thaw in the U.S.-China
trade war boosted risk appetites.. . .
17/01 Australia's share index closed at its
highest in more than two months on Thursday, helped by stronger
materials and energy stocks, though investors held off on making
big bets ahead of a slew of. . .
17/01 Australia's largest independent coal
producer Whitehaven Coal said on Thursday its second
quarter saleable coal production rose 11 percent as a timely
pickup in production from its Narrabri mine bolstered output.. . .
16/01 Australian shares gained for a second
consecutive session on Wednesday, building on the previous day's
rally driven by hopes of more stimulus measures from its biggest
trading partner China.. . .
15/01 Australian shares are likely to edge
higher on Wednesday, following a firmer finish on Wall Street as
China hinted at further stimulative measures to revitalise its
The news came. . .
15/01 Lithium miner Alliance Mineral
Assets said on Tuesday it expected to choose
final customers for half of its lithium supply in the next few
weeks, after restructuring its existing agreements.. . .
15/01 Australian wealth manager IOOF
Holdings Ltd said its buyout of pension assets from
Australia and New Zealand Banking Group Ltd has been
delayed by at least three months, as fallout from a damaging
finance sector. . .
14/01 Australian retail conglomerate
Wesfarmers Ltd warned on Monday that its discount
department stores made slower-than-expected sales over
Christmas, sending its shares sliding to a one-month low and
auguring badly for rival retailers.. . .
14/01 Australia's big banks may
struggle to raise the amount of extra capital they require under
new rules proposed by the country's banking regulator, a senior
executive at Westpac Banking Corporation said in an
interview published. . .
11/01 Australian retail sales jumped to
the highest in five months in November bolstered by
pre-Christmas shopping, an indication private consumption
boosted economic growth in the final quarter of 2018.. . .
11/01 Australian shares made a tepid start on
Friday as investors took a wait-and-see approach on the outcome
of U.S.-China trade talks given a lack of detail, with materials
stocks posting losses on lower commodities. . .
10/01 Australian shares were set to edge higher
on Friday, as assurances from U.S. Federal Reserve Chairman
Jerome Powell offset concerns over lack of concrete details in
the latest round of U.S.-China trade talks.. . .
10/01 Australian shares edged lower on
Thursday, as investors awaited further details on U.S.-China
trade talks, while a slump in the world's biggest miner BHP's
shares kept the benchmark in check.. . .
09/01 Australian shares are likely to edge
higher on Thursday, as signs of progress in the U.S.-China trade
talks boosted hopes that the world's two biggest economies could
resolve a months-long damaging trade spat that. . .
09/01 Australian shares ended at an 8-week high
on Wednesday as global markets rallied on renewed optimism that
the United States and China are inching toward a deal to end
their bruising trade war.. . .
09/01 Australian shares climbed to a five-week
high on Wednesday, following sharp gains on Wall Street, buoyed
by optimism that China and the United States will sign a deal to
end a months-long trade war. . .
09/01 Two alerts issued at 0020 GMT on
Australia's September building approvals and private sector
housing approvals are wrong and have been withdrawn. They were
issued in error owing to an automation problem.. . .
09/01 Listed Australian fund manager
Platinum Asset Management said its portfolio would post
a paper loss in the first half as the U.S-China trade war
unraveled big bets on Chinese and Asian growth, sending its
shares. . .
08/01 Australian shares are expected to extend
gains on Wednesday, boosted by optimism that China and the
United States will sign an agreement to end a months-long trade
war that has roiled markets around the. . .
08/01 Australian shares ended higher on Tuesday,
tracking an extended rally on Wall Street that was fuelled by
hopes that Sino-U.S. trade talks in Beijing will succeed in
ending a damaging trade war.. . .
08/01 Australian shares firmed on Tuesday
following an extended Wall Street rally and underpinned by
optimism that Beijing and Washington may be inching closer to an
agreement to end their bruising trade war.. . .
07/01 Australian shares are set to tick up on
Tuesday, tracking an extended Wall Street rally, underpinned by
optimism about trade talks between Beijing and Washington.
Officials from the two countries. . .
07/01 Australian shares climbed to a one-month
high on Monday, tracking a global relief rally buoyed by strong
U.S. jobs data and soothing comments from the U.S. central bank
chief, while mining and energy stocks. . .
07/01 Australian medical centre operator
Healius Ltd on Monday rejected a A$1.7 billion ($1.21
billion) buyout approach from China's Jangho Group Co Ltd
, denting its shares but leaving investors hoping for
a higher offer.. . .
07/01 Australian shares rose sharply on Monday,
tracking a broader global rally after strong U.S. jobs data and
dovish remarks from the Federal Reserve, while miners and energy
stocks led gains on higher oil and. . .
06/01 Australian shares are expected to start
the week firmer on Monday, following a strong lead from Wall
Street as investors took heart from strong U.S. jobs data and
dovish remarks from Federal Reserve Chairman. . .
03/01 Australian shares are set to open lower on
Friday after Apple's revenue warning rocked Wall Street and
added to fears of a global economic slowdown.
Apple's holiday quarter revenue shortfall. . .
03/01 Chinese construction company
Jangho Group Co Ltd has proposed to acquire medical
centre operator Healius Ltd for A$1.7 billion ($1.2
billion), marking what would be one of the mainland's biggest
healthcare plays in Australia.. . .
02/01 Australian shares are expected to jump on
Thursday as investors take advantage of attractive prices
following a weak showing in equities, while the currency came
under pressure from increasing signs of weakness in China's
economy.. . .
02/01 Australian shares ended lower on Wednesday
on the first trading day of the year as a disappointing Chinese
manufacturing survey raised concerns about the health of the
world's second largest economy and Australia's largest. . .
02/01 Australian home prices skidded
nearly 5 percent in 2018, marking their worst year since 2008,
led by tighter credit conditions and waning investor interest,
and analysts expect the weakness to persist this year.. . .
31/12 There will be no Australia and New Zealand
stock market reports on Tuesday, Jan. 1, as financial markets in
both countries will be closed for the New Year holiday. Markets
will reopen on Wednesday,. . .
28/12 Australia looks set to sweat
through one of its hottest Decembers ever, the national weather
bureau said on Friday, prompting fire bans, health warnings and
big crowds trying to cool off at beaches.. . .
24/12 There will be no Australia and New
Zealand stock market reports on Tuesday and Wednesday, Dec. 25
and 26, as financial markets in both the countries will be
closed for Christmas and Boxing day.. . .
24/12 Australian accounting software
maker MYOB Group Ltd said it would back a marked-down
A$1.6 billion ($1 billion) buyout offer from private-equity
giant KKR & Co in a bid to navigate a broader market
turmoil, sending. . .
21/12 Australian shares suffered their biggest
weekly loss in over a month on Friday, as investors stampeded
out of riskier asset markets on heightened anxiety over
faltering global growth prospects.. . .
21/12 China's commerce ministry
on Friday launched an anti-subsidy probe into Australian barley
imports, ramping up pressure on suppliers and increasing
uncertainty in the market after an anti-dumping probe announced
last month.. . .
21/12 New Zealand's central bank
will keep interest rates unchanged at least until the third
quarter of 2019, a snap Reuters poll showed on Friday, contrary
to market pricing suggesting the next move could be. . .
20/12 Australian employment was
surprisingly robust in November, while the jobless rate ticked
higher as more people went looking for work in a generally
upbeat report showing the labour market remained one of the
strongest parts. . .
20/12 Australian shares fell to their lowest
level in two years on Thursday, tracking the decline in global
stocks after the U.S. Federal Reserve raised rates and noted the
need for further hikes year, defying. . .
20/12 The Australian corporate
regulator said on Thursday that it will seek harsher punishment,
including possible criminal sanctions, for stockbroking houses
that benefit unlawfully from IPOs or other capital raisings.. . .
19/12 Australia's GrainCorp Ltd
still does not have enough information about a
A$2.38-billion ($1.76-billion) takeover offer from a
little-known asset manager to recommend the deal to
shareholders, the nation's largest listed bulk grains handler
said.. . .
18/12 Australian shares closed lower on Tuesday
as concerns over global growth sent investors rushing out of
riskier assets, with markets on tenterhooks before a highly
anticipated U.S. Federal Reserve meeting this week.. . .
18/12 An Australian
regulatory push to boost banks' capital buffers, which is
expected to unleash about A$83 billion ($60 billion) of new
junior debt to market, risks causing a spike in borrowing costs
and has prompted. . .
18/12 Australian shares posted their biggest
intra-day percentage decline in a week on Tuesday, tracking Wall
Street losses on concerns about slowing global economic growth
and investor caution ahead of the U.S. Federal Reserve meeting.. . .
17/12 National Australia Bank Ltd (NAB)
on Monday flagged a potential Tier 1 capital increase
of about NZ$4 billion to NZ$5 billion ($2.7-$3.4 billion) for
subsidiary Bank of New Zealand, after New Zealand's
central bank proposed. . .
17/12 National Australia Bank Ltd
said on Monday its CEO will take about two months leave
around the scheduled release of a major report into the
country's finance sector, prompting a rebuke from a shareholder
group.. . .
17/12 Australia's government on Monday
forecast the strongest budget outlook in 10 years, arming
embattled Prime Minister Scott Morrison with a war chest which
could fund possible tax cuts ahead of an early 2019 election
which. . .
16/12 Australian shares are set to open lower
on Monday, following weak Chinese economic data at the end of
last week which dampened sentiment and intensified global growth
China's November. . .
14/12 Australian shares skidded on Friday as
data in China showed the economy of the Pacific nation's biggest
trading partner losing further momentum, underlining the risks
to global growth from the Sino-U.S. trade dispute.. . .
14/12 The Reserve Bank of New
Zealand (RBNZ) said on Friday it was considering almost doubling
the required capital banks would need to hold to bolster the
financial system's capacity to handle any shocks, sending. . .
13/12 Australian shares are poised to open
lower on Friday, tracking Wall Street overnight, with investors
turning jittery as cautious optimism over U.S.-China trade
relations petered out.
The local share price index. . .
13/12 Australia and New Zealand Banking
Group said on Thursday its local head of retail and
commercial banking is stepping down for personal reasons, as the
bank ends a difficult year that has shaken up. . .
13/12 Australian shares pulled ahead on Monday,
though buyers lacked conviction after two sessions of solid
gains as investors looked to more developments on Sino-U.S.
trade talks amid tentative signs of easing tensions between the
two. . .
12/12 Australian shares were poised to open
little changed as investors remained cautious, awaiting concrete
actions by the United States and China towards easing their
The local share price index. . .
12/12 Westpac Banking Corp
shareholders voted against its executive remuneration plans on
Wednesday, dealing a symbolic blow to Australia's second-biggest
lender after a year in which the finance sector has been rocked
by misconduct allegations.. . .
12/12 A measure of Australian consumer
confidence inched higher in December with respondents more
willing to splash out on big ticket items, a promising omen for
the all-important Christmas shopping period.. . .
11/12 Australian shares are set to open
slightly higher on Wednesday, tracking global stocks that pinned
hopes on a minor, yet noteworthy progress in the ongoing trade
war between China and the United States.. . .
11/12 Australian shares edged higher on Tuesday
as China confirmed it was moving ahead on trade talks with the
United States, though the benchmark inded still held close to
two-year lows plumbed in the previous. . .
11/12 Australian shares on Tuesday hovered not
far from nearly two-year lows struck the previous day due to
Sino-U.S. trade war worries, with gains in the healthcare sector
offset by losses in energy stocks.. . .
10/12 Australia on Tuesday trimmed its
forecast for wool production by nearly 5 percent as dry weather
across the world's largest producer of the fibre squeezes
production to at least a 21-year low - the. . .
10/12 Australian shares closed near two-year
lows on Monday as investors turned risk-averse on concerns over
U.S.-China trade tensions and slowing global growth, with the
healthcare and financial indexes clocking the biggest losses.. . .
10/12 Australia's central bank is seen
likely to stand pat on rates at least until mid-2020, a Reuters
poll shows, as a recent run of soft economic data quashed any
probability of an earlier rate. . .
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