Dollar jumps vs yen as Fed officials hint more rate hikes coming
The dollar strengthened sharply against the Japanese yen on Tuesday as remarks by U.S. Federal Reserve officials hinted that more interest rate hikes are coming
Category: Business
Australians kept shopping in Q2, but wallets may now be closing
Australian retail sales posted a solid rise in real terms last quarter even as swelling prices ate up more of the consumer dollar, though there
BHP to boost nickel exploration spending amid EV boom
BHP Group (BHP.AX) will increase its spending on nickel exploration over the next two years to meet growing demand for the raw material used in
S.Korea’s home prices to fall up to 2.8% with 100 bp rate hike
South Korea’s residential property prices are likely to drop by up to 2.8% in two years with a full percentage point hike in policy interest
Sanctions China has imposed on Taiwan over Pelosi visit
China on Wednesday suspended exports of natural sand to Taiwan and halted imports of fruit and fish products from the self-governed island as U.S. House
Telstra to address competition concerns over Optus’ 5G roll-out
Australian telecoms firm Telstra Corp (TLS.AX) will address competition concerns by de-registering some radio-communications sites that interfered with Optus’ plans to roll out its 5G
Russian services sector records fastest output growth in over a year
Russia’s services sector expanded in July at its fastest pace in more than a year, a business survey showed on Wednesday, as strong domestic demand