(Bloomberg) -- U.S. equities approached all-time highs as investors processed a slew of fresh monetary-policy decisions and favorable comments about trade talks.The S&P 500 Index climbed to within 1% of a record, led by software makers. Banks helped push the Europe Stoxx 600 higher. Treasuries advanced
WASHINGTON/BRUSSELS, Sept 19 (Reuters) - After a summer of wildfires, heat waves and hurricanes, United Nations Secretary-General Antonio Guterres says he is banking on new pledges from governments and businesses to abandon fossil fuels during a special climate summit in New York on Monday. With Swedish
KKR & Co Inc is seeking to raise as much as A$825 million ($560 million) for an Australian credit fund, in what would be its first listed investment vehicle in the country. The move is part of the U.S. buyout firm's efforts to tap retail investors globally. "For 40 years of KKR's history
(Bloomberg) -- Indonesia’s central bank cut its key interest rate for a third straight month and took a series of other steps to bolster growth amid a deepening global economic slowdown.The seven-day reverse repurchase rate was lowered by 25 basis points to 5.25% Thursday, as predicted by 21 out of 28
* Telstra has partnered with Google to allow voice-activated calls on Google Home and Google Nest smart speakers. * According to Telstra, they are the first mobile carrier in the world to offer this functionality. * The voice-activated call functionality is available on Google Home if you're a
The Australian share market has moved higher for a ninth day in 11 sessions after the US Federal Reserve cut its benchmark interest rate.
* Australia is one of top OECD countries that takes in temporary labour migrants. * A new report from the OECD found that the number of migrants to OECD countries rose 2% in 2018, compared to 2017. * The number of temporary labour migrants also rose to 4.9 million in 2017, compared to 4.4 million
* For the first time in The CEO Magazine's Executive of the Year Awards history, there is a 50/50 gender split between finalists of the coveted CEO of the Year category. * Five women and five men are up for the major award, including TravelEdge's Kim Wethmar and Hendry Group's Emma Hendry
The dollar found broad support on Thursday after the U.S. Federal Reserve cut interest rates, as expected, but offered mixed signals about future easing, while weak employment figures hit the Australian currency. The greenback gained against major currencies except for the Japanese yen, which posted
(Bloomberg) -- Australia’s jobless rate unexpectedly climbed in August as the labor force swelled to a fresh record, signaling additional labor-market slack that sets the scene for further easing by the central bank.Unemployment climbed to 5.3%, the highest level in a year, and above the 5.2% forecast
Parliament in the tiny South Pacific country of Tuvalu elected a new prime minister on Thursday, making a change that analysts say could give China a chance to further undermine Taiwan in a region that has been a pillar of support. The surprise change in Tuvalu has lengthened the shadow over Taiwan&
* The latest jobs figures are in and unemployment is at its worst level in one year despite strong employment growth. * A record-high participation rate -- the proportion of Australians working and looking for work -- and strong population growth has meant that the number of new jobs just can't
The unemployment rate edged higher to a seasonally adjusted 5.3 per cent in August, hinting that more stimulus may be needed to eat into labour market slack.
(Bloomberg) -- Huawei Technologies Co. is making a Hail Mary bid to undo a U.S. law that prohibits federal agencies and contractors from buying or using the Chinese telecom giant’s equipment because of the alleged risk of “cyber exploitation” by China.Lawyers for Huawei are due in federal court Thursday
There is no culinary subject prone to more debate in Sydney than the relative merits of the city's various local takeaway chicken chains. But most would agree that the crown goes to El Jannah, the Western Sydney chook mecca, which has seen many a journey from eastern pilgrims traversing the T1 line