Yen mired in political uncertainty; dollar looks to key data releases SINGAPORE: The yen languished near a three-month trough on Tuesday as the loss of a parliamentary majority for... Published 29 Oct, 2024 09:40am
Markets Yen steadies, dollar slips as China reaches for stimulus SINGAPORE: A surging yen steadied on Monday as Japan’s incoming prime minister signalled monetary policy should... Published 30 Sep, 2024 10:08am
Markets Australia, New Zealand dollars scale fresh highs on China boost SINGAPORE: The Australian and New Zealand dollars scaled multi-month peaks on Wednesday while the yuan hit its... Published 25 Sep, 2024 09:59am
Markets Australian dollar hits two-week peak before Fed rate verdict SYDNEY: The Australian dollar hit a two-week top on Wednesday due to wagers that the Federal Reserve could... Published 18 Sep, 2024 09:03am
Markets Australia, NZ dollars hover near 2024 highs, inflation tests loom SYDNEY: The Australian and New Zealand dollars were perched near their 2024 highs on Monday, buoyed by the... Published 26 Aug, 2024 10:43am
Business & Finance Australia’s CBA cuts interest rates on some home loans for new borrowers Commonwealth Bank of Australia , the country’s biggest lender, on Friday said it has cut interest rates across some... Published 23 Aug, 2024 10:59am
Markets Dollar doldrums deepen on dovish Fed tone before Jackson TOKYO: The dollar traded near the lowest in more than a year against the euro and sterling on Thursday as a dovish... Published 22 Aug, 2024 09:49am
Markets Dollar falls on bets for dovish Fed SINGAPORE: The US dollar declined broadly on Monday and slid against the yen in particular as investors bet on a... Published 19 Aug, 2024 09:57am
Markets Australia, NZ dollars surge against yen, inflation tests loom SYDNEY: The Australian and New Zealand dollars scaled new 17-year tops on the low yielding yen on Monday thanks to... Published 24 Jun, 2024 10:48am
Business & Finance Australia’s biggest bank warns of economic downside as profit dips SYDNEY: Commonwealth Bank of Australia on Wednesday warned of downside economic risks building in Australia from... Published 14 Feb, 2024 10:21am
Markets Dollar scales fresh peaks as Fed cut bets recede SINGAPORE: The dollar rose to an eight-week high against its major peers on Monday as traders clawed back bets for... Published 05 Feb, 2024 10:02am
Business & Finance Aussie ‘big four’ banks hike home loan rates after RBA decision Commonwealth Bank of Australia , the country’s largest lender, on Thursday joined the other three big banks in... Published 09 Nov, 2023 11:49am
Markets Dollar broadly up, threatens 150 yen as benchmark Treasury yield climbs SINGAPORE: The dollar was within a hair’s breadth of the closely watched 150 yen level on Friday, buoyed by a surge... Published 20 Oct, 2023 09:48am
Markets Oil dips below $90 a barrel as US agrees Venezuela deal LONDON: Oil futures fell on Monday on reports that the U.S. had agreed a deal to ease sanctions on Venezuela, while... Updated 16 Oct, 2023 08:06pm
Business & Finance Australia Aug inflation data adds to case for pause in rate hikes next month SYDNEY: Gains in Australia’s inflation for August were in line with expectations and a measure of core inflation... Published 27 Sep, 2023 11:27am
Markets Australia, NZ dollars face fourth weekly loss, threaten major support SYDNEY: The Australian and New Zealand dollars were facing a fourth straight weekly loss on Friday as yield... Published 11 Aug, 2023 10:34am
Markets Financials pull Australian shares lower; key US data in focus Australian shares dropped on Thursday as a drag in financials weighed on the index, while investors globally awaited... Published 10 Aug, 2023 09:54am
Markets Australia’s Commonwealth Bank posts record profit as rates rise SYDNEY: Australia’s biggest lender Commonwealth Bank reported a record annual profit Wednesday as it raked in money... Published 09 Aug, 2023 12:10pm
Markets Oil slips as weak China data offsets tightening supply NEW YORK: Oil prices fell by about 1% on Tuesday after data showed China’s crude imports and exports fell much more... Updated 08 Aug, 2023 09:16pm
Markets Commonwealth Bank of Australia could cut up to 200 jobs Commonwealth Bank of Australia, the country’s biggest lender, could cut up to 200 jobs, a source familiar with the... Published 26 Jul, 2023 02:45pm
Markets Sterling takes a beating; dollar gains ground SINGAPORE: Sterling was struggling to recover from a sharp fall on Thursday following UK inflation data that... Published 20 Jul, 2023 09:26am
Markets Dollar teeters near one-year low; euro scales 17-month peak SINGAPORE: The dollar wobbled near an over one-year low against its major peers on Tuesday, as investors awaited... Published 18 Jul, 2023 09:35am
Markets Yuan slides after China cuts lending benchmarks; Aussie down SINGAPORE: The yuan slipped toward seven-month lows on Tuesday as China cut lending benchmarks, while the Australian... Published 20 Jun, 2023 09:27am
Markets Dollar dips ahead of US inflation data, central bank meetings SINGAPORE: The dollar edged broadly lower on Tuesday but traded in a narrow range, as investors remained cautious... Published 13 Jun, 2023 09:51am
Markets Commonwealth Bank of Australia removes international money transfer fee Commonwealth Bank of Australia , the country’s biggest lender, said on Tuesday it was removing transaction fees for... Published 06 Jun, 2023 10:30am
Markets Commonwealth Bank to raise $500mn via AT1s, first Aussie major bank issue since Credit Suisse SYDNEY: Commonwealth Bank of Australia on Tuesday launched a new AT1 hybrid security issue aiming to raise A$750... Published 16 May, 2023 10:46am
Markets Australia’s CBA, Westpac expect rate-hike pause in April; other top banks vary Commonwealth Bank of Australia (CBA) expects the country’s central bank to pull brakes next week on one of the most... Published 30 Mar, 2023 11:40am
Markets Australia, NZ dollars ease but hold most gains on yen as banking fears ease SYDNEY: The Australian and New Zealand dollars eased on Thursday but held on to most of their hefty gains on the yen... Published 30 Mar, 2023 09:58am
Markets Dollar on the defensive as banking fears ebb; yen drops TOKYO: The safe-haven US dollar remained on the back foot on Wednesday following two days of losses as global... Published 29 Mar, 2023 09:30am
Markets Dollar buoyant as robust US data keep Fed hawks in control SINGAPORE: The dollar was on the front foot on Monday, supported by a strong run of economic data out of the United... Published 20 Feb, 2023 08:57am
KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points