Page 12 - Rishav Chatterjee News Today

The National Australia Bank, ANZ Group Holdings and Westpac Banking Corp, the other three of Australia's "big four", had hiked their home loan rates on Wednesday by 0.25%. On Tuesday, the Reserve Bank of Australia raised its cash rate by 25 bps to 4.35%, ending four months of steady policy, saying that recent data suggested there was a risk of inflation remaining higher for longer. The rate hike by the National Australia Bank and ANZ Group Holdings would be effective from Nov. 1...

-Singapore Airlines on Tuesday posted a record half-year profit on the back of strong demand for travel, reflecting a rebound in passenger traffic to the northern part of Asia as countries fully... -November 07, 2023 at 04:39 am EST - MarketScreener

Japanese trading house Mitsui will take a 12.69% stake in Axiata Groups digital and analytics unit, the Malaysian telecommunications conglomerate said on Thursday. Mitsui will invest...

Bearish bets on most emerging Asian currencies firmed as data continued to point towards a fragile recovery in China, with short positions on Indonesias rupiah rising to a year-high, a Reuters...

Australias Macquarie Group on Friday reported a 39% decline in first-half profit that missed expectations as surging costs and lower asset sales proceeds crimped earnings at its large asset...

Australias Macquarie Group Ltd on Friday posted a 38.6% fall in its first-half profit due to weaker operational performance in the asset management division, and also approved a share buyback of up...

(Reuters) -Australia's Domino's Pizza Enterprises on Wednesday said it expects earnings in fiscal 2024 to be significantly higher than 2023 as it continues to cut costs. Domino's has exited its Danish operations and closed underperforming stores over the year, as it eyes A$50 million to A$60 million of network savings over fiscal 2024. Brokerages have expressed their support for Domino's strategies over the past few months, with analysts at Citi viewing the initiatives as a...

-Pilots at Network Aviation, the charter subsidiary of Qantas Airways, will back down from a planned strike this week, the Australian Federation of Pilots said on Tuesday.... -October 31, 2023 at 01:54 am EDT - MarketScreener

-Global miner BHP Group said on Tuesday it would invest $4.9 billion in stage two of its Jansen potash project in Canada to double its capacity, following a $5.7 billion capital investment for stage... -October 31, 2023 at 04:23 am EDT - MarketScreener

Australian retailers are ramping up their tech security initiatives, including placing cameras at self-checkouts and body-worn cameras on staff, to combat a surge in stock theft and customer aggression aggravated by the cost of living crisis. Top supermarket chains like Woolworths and Coles have flagged a pickup in store theft and hostile behaviour, in line with global trends, as higher fuel, housing and grocery costs squeeze shopper budgets and tempers. Customer-facing staff at Coles and Wool...