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  • World stocks hit record high
    Business
    Australian Associated Press

    World stocks hit record high

    Global stocks have hit record highs as tech shares on Wall Street cheered receding US inflation fears, with the lack of inflation pressure keeping bond yields near two-week lows.Federal Reserve Chair Jerome Powell reiterated late on Thursday that inflation was not a worry, following data showing an unexpected rise in the number of Americans filing new claims for unemployment benefits.

  • Shares at record highs on lockdown easing
    Business
    Australian Associated Press

    Shares at record highs on lockdown easing

    Stocks in Europe have reached record highs, buoyed by optimism in Britain over easing lockdown restrictions, while a benign outlook for US interest rates was set to push Wall Street to new heights.The European STOXX index of leading 600 companies rose 0.

  • Scentre investors hit out against exec pay
    Business
    Australian Associated Press

    Scentre investors hit out against exec pay

    Investors in Westfield-owners Scentre Group have served a 'first strike' on executives' pay, after the company leaders produced a full-year loss and reduced final dividend.Investors participating in the company's annual general meeting on Thursday cast a 51 per cent vote against executives' remuneration, following pandemic-plagued results.