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Chinese envoy calls on Australia to shed "Cold War mentality"
The Chinese ambassador to Australia on Tuesday accused it of harbouring a Cold War mentality and said "less bias and bigotry" was needed to repair strained relations between the two nations.. . .
POLL-Asian business sentiment edges up to hit 7-year high - Thomson Reuters/INSEAD
Business confidence among Asian companies rose in the first quarter to the highest level in seven years, a Thomson Reuters/INSEAD survey showed, as a fresh surge by the Chinese economy offset concerns about rising. . .
Australian shares firm, led by health care and energy stocks; NZ down
Australian shares rose on Tuesday as health care and energy stocks were boosted by a weaker local currency and an overnight jump in oil prices, while a rally in Macquarie Group boosted financials.. . .
Ex-Japan Asian shares hit 4-month low as Sino-U.S. trade tensions escalate
MSCI's broadest index of Asia-Pacific shares outside Japan hit its lowest levels since February on Tuesday, falling almost one percent amid an escalating trade dispute between the United States and China.. . .
PACIFIC EX-JAPAN MSCI SHARE INDEX HITS 4-MONTH LOW
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New Zealand softens ban on foreigners' home ownership in amended bill
New Zealand's government on Tuesday softened its stance on foreign ownership of homes, rewriting a proposed law banning non-residents from investing in housing.. . .
Insurance Australia to sell Thai, Indonesia units to Tokio Marine for $389.7 mln
Insurance Australia Group said on Tuesday it would sell its Thai and Indonesian operations to Japanese insurer Tokio Marine Holdings for A$525 million (43.08 billion yen)($389.71 million).. . .
Australian shares poised to rise on energy gains, NZ down
Australian shares are expected to rise on Tuesday with energy stocks set to gain as oil prices climb ahead of Friday's key OPEC meeting. Brent crude. . .
Gina Rinehart's $290 mln bid heats up Atlas Iron tussle
Australian billionaire Gina Rinehart's Hancock Prospecting lodged a A$390 million ($290 million) bid for Atlas Iron Ltd on Monday, potentially setting off a three-way struggle for the small iron ore miner.. . .
Australian shares edge up, led by banks and real estate stocks; NZ flat
Australian shares finished slightly higher on Monday as gains in financials and real estate stocks outweighed a fall in materials stocks on lower commodities prices.. . .
Aussie shares dip, weighed by materials, energy; NZ also lower
Australian shares edged lower on Monday as falling prices of commodities and crude oil weighed on materials and energy stocks, offsetting gains in financials and health care.. . .
Australian shares set for subdued open as Sino-U.S. trade tensions rise; NZ down
Australian shares are likely to see a tepid start to the week, as global sentiment sours following U.S. President Donald Trump's decision to impose new tariffs on Chinese goods. Trump announced. . .
Australian regulator sues Westpac for staffer's poor financial advice
An Australian regulator filed a lawsuit against No. 2 lender Westpac Banking Corp over a financial planner it alleges gave poor advice for years, upping its scrutiny of a sector already under fire amid. . .
Australian shares end higher, banks lead; NZ at record
Banks led Australian shares to a higher finish on Friday, as a mixed policy outlook from the European Central Bank and the U.S. dollar's resulting strength sent equities on a roll.. . .
Indian monsoon seen slowing after strong start-forecaster
India's monsoons, which hit the southern coast late last month, are expected to make slow progress over the next two weeks and delay the onset of crucial rains over north-western parts of the country,. . .
Banks lead Australia shares higher, NZ at record
Australian shares rose on Friday, led by banks and mining companies, as a cautious European Central bank policy decision pushed the U.S. dollar higher against other currencies.. . .
Australian shares set to open higher as ECB holds rates, NZ steady
Australian shares were expected to rise on Friday, tracking gains on Wall Street after the European Central Bank issued a dovish interest rate outlook. The ECB's comments painted a mixed. . .
Australian shares slip; investor focus shifted to ECB, BOJ
Australian shares closed slightly lower on Thursday, dragged by banks while telecom stocks held the fort after Australia kept Chinese telecom giant Huawei Technologies Co Ltd out of internet cabling for the Solomon Islands.. . .
Australian shares mark time before ECB, BOJ meetings; NZ at record
Australian shares inched lower on Thursday with declining bank stocks offsetting upbeat material ones, as focus shifted from the U.S. Federal Reserve's rate rise to other policy decisions due in the next day.. . .
Australia May jobs growth misses expectations as full-time employment falls
Australian employment rose by less-than-expected in May with gains led wholly by part-time work while the jobless rate ticked down to its lowest since November, a mixed outcome that points to tepid wages growth.. . .
Australian shares point to slightly lower start as Fed hikes rates, NZ down
Australian shares are likely to see a tepid open on Thursday, following the Federal Reserve's decision to raise rates while signalling two possible further hikes this year. The Fed's widely. . .
Australia lowers wheat forecast by nearly 8 pct, warns of further downgrades
Australia has cut its forecast wheat production by nearly 8 percent for 2018/19, the country's top commodity agency said in a report released on Wednesday, as prolonged dry weather across the country's east coast. . .
Miners lead Australian shares lower, NZ rallies to record close
Mining stocks led Australian shares lower on Wednesday ahead of the U.S. Federal Reserve's rate decision, with investors on the lookout for any mention of the pace of hikes this year.. . .
Australia c.bank gov sees no need to worry about house price slowdown
Australia's central bank governor said on Wednesday the current slowdown in the housing market isn't a cause for concern but flagged the need for policy to remain at record lows for the foreseeable future with. . .
Australia c.bank governor says no need to worry about house price slowdown
The head of Australia's central bank said on Wednesday "we shouldn't fret" the current housing market slowdown and that recent tightening in lending standards was as a long-term positive.. . .
Asian coal and gas markets roar into top gear as region revs up demand
Thermal coal and gas prices have coursed into a bull run, propelled by particularly strong demand across Asia, where electricity consumption is surging thanks to healthy economic growth just as seasonal needs rise with the. . .
Australian shares fall ahead of Fed meeting's results, NZ lower
Australian shares fell nearly across the board on Wednesday as investors looked past the U.S.-North Korea summit to the Federal Reserve's decision due later in the day.. . .
Australian shares point to lower start ahead of Fed rate decision; NZ down
Australian shares appeared set to open marginally lower on Wednesday as investors looked ahead to the Federal Reserve's policy decision. The Fed is widely expected to raise interest rates,. . .
AUSTRALIA CUTS 2018/19 WHEAT OUTPUT FORECAST BY NEARLY 8 PERCENT FROM MARCH ESTIMATE -ABARES
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AUSTRALIA 2018/19 WHEAT CROP SEEN AT 21.9 MLN TONNES, DOWN FROM MARCH ESTIMATE OF 23.7 MLN TONNES -ABARES
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Australian shares end firmer buoyed by consumer sector; NZ down
Australian shares ended higher on Tuesday propped up by strength in consumer and pharmaceutical firms and amid a positive outcome at the closely-watched U.S.-North Korea summit.. . .
Australian shares edge up, investors focused on Trump-Kim meeting; NZ lower
Australian shares inched up in thin trade on Tuesday as investors closely followed developments from a historic meeting between North Korean leader Kim Jong Un and U.S. President Donald Trump in Singapore.. . .
Australia shares poised to rise ahead of Trump-Kim summit; NZ steady
Australian shares are likely to rise on Tuesday, after Wall Street edged higher ahead of the historic summit between U.S. President Donald Trump and North Korean leader Kim Jong Un in Singapore.. . .
Major Australian adviser network to shut amid regulator scrutiny
A major Australian financial planning network has closed after being told its licence could be suspended or cancelled, the corporate regulator said on Monday, becoming the latest casualty in the country's scandal-plagued financial sector.. . .
Rain brings wheat relief in Australia's west
Relieved farmers in Australia's export-focused west are celebrating good rainfall at the end of the winter wheat-planting window, although conditions remain parched in the eastern states.. . .
In test of sour ties, Australia asks China to approve foreign minister visit
Australia has asked China to approve a visit by Foreign Minister Julie Bishop, an Australian spokeswoman said on Friday, a request that should provide an indication of just how strained ties between the two. . .
Australia shares drop as markets eye Fed, ECB; NZ marks 4th record close
Australian shares ended lower after a thinly-traded session on Friday as investors kept to the sidelines ahead of key central bank meetings in the coming week with losses in industrial and material stocks outweighing. . .