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Passersby are reflected on an electric stock quotation board outside a brokerage in Tokyo, Japan April 18, 2023.

Asia shares rise on rate cut bets; RBA seen turning hawkish

By Tom Westbrook SINGAPORE (Reuters) - Asian shares made 15-month highs on Tuesday on renewed confidence of U.S. interest rate cuts, while traders waited on a policy meeting in Australia later in the day and had a close eye on a falling yen. ...

Updated 54 minutes ago |3 min read

Wesfarmers says breaking up business would be detrimental to Australia

Updated 1 hour ago |2 min read

Australia seeks client data from crypto exchanges in tax crackdown

Updated 1 hour ago |2 min read

Physical representations of the bitcoin cryptocurrency are seen in this illustration taken October 24, 2023.

Australia to unveil decline in projected gross debt, sees lower peak in debt ratio

Updated 1 hour ago |1 min read

Philippine annual inflation at 3.8% in April

Updated 4 minutes ago |1 min read

Yen eases despite intervention threat, Aussie steady before RBA

Updated 1 hour ago |3 min read

Miniatures of oil barrels and a rising stock graph are seen in this illustration taken January 15, 2024.

Oil edges up after Israel strikes Gaza, while truce talks continue

Reuters |Updated 2 hours ago |2 min read

BEIJING (Reuters) - Oil prices ticked up early on Tuesday after Israel struck Rafah in Gaza while negotiations for a ceasefire with Hamas continued without resolution. Brent crude futures were up 46 cents, or 0.55%, at $83.79 per barrel at 0010 ...

Customers have lunch at restaurants next to a record shop which has a large poster on its wall in Tokyo, Japan, July 4, 2018.

Japan's service activity extends gains on solid demand, PMI shows

Reuters |Updated 2 hours ago |2 min read

TOKYO (Reuters) - Japanese service sector activity grew at the fastest pace in eight months in April thanks to solid business and consumer spending, a private survey showed on Tuesday, results that should keep the central bank on track to hike ...

Giant panda Mei Xiang looks out at gathered media as her transport crate is loaded onto a "FedEx Panda Express" aircraft prior to departing for her return trip to China at Washington Dulles International Airport in Dulles, Virginia, U.S., November 8, 2023.

Federal judge sends FedEx contractor's racketeering claim to arbitration

Reuters |Updated 2 hours ago |2 min read

LOS ANGELES (Reuters) - A federal judge on Monday ruled that a small business contracted to deliver packages for FedEx on the California-Oregon border must arbitrate with FedEx over claims it made against the company of racketeering and other ...

A man walks past the entrance of Central Bank of Malaysia (Bank Negara Malaysia) in Kuala Lumpur, Malaysia, July 31, 2019.

Malaysia central bank to keep rates unchanged at least until 2026 - Reuters poll

Veronica Dudei Maia Khongwir |Updated 2 hours ago |2 min read

By Veronica Dudei Maia Khongwir BENGALURU (Reuters) - Bank Negara Malaysia (BNM) will leave its key interest rate at 3.00% and keep it unchanged at least until 2026, despite a weakening currency and a steady inflation outlook, a Reuters poll of ...

SoftBank leads $1 billion funding for UK self-driving startup Wayve

Nick Carey |Updated 3 hours ago |2 min read

By Nick Carey LONDON (Reuters) - British self-driving technology startup Wayve said on Tuesday it has raised $1.05 billion in a funding round led by SoftBank Group to accelerate the development and launch in production-model vehicles of its ...

A woman walks through Surrey Street market in Croydon, south London, Britain, February 26, 2024.

UK consumer spending softens in April, surveys show

Reuters |Updated 3 hours ago |2 min read

(Reuters) - British consumers kept a tight rein on their spending last month, according to surveys on Tuesday that showed tepid activity even after accounting for the timing of the Easter holidays. Barclays said annual growth in consumer spending ...

A man who says he is been homeless for over 30 years begs for money as he sits outside a branch of the ANZ Banking Group in central Sydney, Australia, July 18, 2017.

Australia's ANZ unveils $1.3 billion buyback after half-year earnings meet estimates

Reuters |Updated 2 hours ago |2 min read

By Poonam Behura (Reuters) -ANZ Group on Tuesday unveiled a new A$2 billion ($1.32 billion) share buyback after the bank's first-half cash earnings largely met analyst estimates, but flagged its concerns about challenges in Australian and global ...

Microchip Technology expects weak quarterly results on excess inventory impact

Reuters |Updated 4 hours ago |2 min read

(Reuters) - Microchip Technology forecast first-quarter net sales and profit below Wall Street estimates on Monday, signaling weak demand as customers continue to clear excess inventory, sending its shares down more than 4% in aftermarket ...

Signage is seen outside of the law firm Paul, Weiss, Rifkind, Wharton & Garrison LLP in Washington, D.C., U.S., August 30, 2020.

Paul Weiss hires top deals lawyer Langston from Cleary

Anirban Sen |Updated 4 hours ago |2 min read

By Anirban Sen (Reuters) - Law firm Paul, Weiss, Rifkind, Wharton & Garrison is hiring a top dealmaker Jim Langston from rival firm Cleary Gottlieb Steen & Hamilton as a partner in its mergers and acquisition (M&A) practice. Langston, ...

Bull statues are placed in font of screens showing the Hang Seng stock index and stock prices outside Exchange Square, in Hong Kong, China, August 18, 2023.

Morning Bid: RBA up next, Hang Seng eyes 11th rise

Jamie McGeever |Updated 5 hours ago |3 min read

By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets. Asian markets are rising on the back of a subdued dollar, lower U.S. bond yields and looser financial conditions that the more benign outlook for U.S. interest rates lately ...