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Asian stock markets are a sea red on Friday, following the broadly sell-off on Wall Street overnight, after the recent release of stronger-than-expected US economic data and the slightly hawkish Fed minutes renewed concerns the US Fed will keep interest rates higher for longer than previously thought.
An inquiry into rural bank closures has handed down its final report after a year of hearings and...
The dollar is set for its largest weekly rise in over a month as strong U.S. economic data has fueled market concerns about inflation and interest rates. Enhanced U.S. business activity and rising manufacturer input prices are impacting global currencies and bond yields, intensifying trader anxieties.
The government should build a new publicly owned bank to service regional towns and increase the major bank levy, a Senate inquiry has found.
An inquiry into rural bank closures has handed down its final report after a year of hearings and 610 written submissions. It recommends tougher regulation.