NZ dlr off 2-week peak on dovish RBNZ, Aussie firm

By Swati Pandey SYDNEY, Sep 22 : The New Zealand dollar was knocked off a two-week high on Thursday after the central bank left the door wide open for another cut this year, even though holding rates this month was widely expected. The New Zealand dollar briefly dropped to as low as$0.7316 in early trade […]

Australia’s Qantas boosts Japan route as economic, tourism ties deepen

By Jamie Freed SYDNEY, Sept 16 : Qantas Airways said today it will launch daily non-stop flights from Melbourne to Tokyo from December in response to revived tourism and trade ties between Australia and Japan. Japan was once Australia’s largest inbound tourism market before being overtaken by countries including China, the United Kingdom, the United […]

Australia employment unexpectedly contracts, slack persists

By Swati Pandey SYDNEY, Sept 15 : – Australia’s jobless rate hit a three-year low in August, yet employment still dipped in the month and the swelling numbers looking to work longer hours pointed to plenty of spare capacity in the labour market. Thursday’s data from the Australian Bureau of Statistics showed 3,900 net new […]

Cancer overtakes heart disease as Australia’s biggest killer

By Tom Westbrook SYDNEY, Sep 13 : Cancer has become Australia’s biggest killer, overtaking heart disease for the first time to take more lives than any other ailment, a government health agency said in a report released today. Indigenous Australians also fare much worse than non-indigenous on almost every health score, according to Australia’s Health […]

Australia, New Zealand dollars weaken on risk aversion

By Swati Pandey and Charlotte Greenfield SYDNEY/WELLINGTON, Sep 13 : The Australian dollar fell on Tuesday as waning appetites for high-yielding, riskier assets overshadowed positive economic data from China. The Aussie slipped 0.25 percent to $0.7545, trading near a key chart support. A breach below that level could see it testing $0.7490, a level last […]

Australia shares rebound on Fed Governor’s dovish comments; NZ lower

By Shashwat Pradhan Undated, Sep 13 : Australian shares rebounded on Tuesday, boosted by materials and healthcare, after Federal Reserve Board Governor Lael Brainard’s comments on the U.S. economy strengthened the view that the central bank would leave interest rates unchanged next week. Brainard said she wanted to see a stronger trend in U.S. consumer […]