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25 Articles
Articles by: Thomson Reuters

Global Markets

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PRECIOUS-Gold prices steady with US economic data on tap

Gold prices fluttered in a tight range on Thursday, as investors turned their attention to U.S. economic data that could…

9 May 2024

Australia & New Zealand

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Australia's PSC Insurance hits record high on $1.5 bln takeover by Ard…

Shares of PSC Insurance Group rose to a record high on Thursday after UK-based broking business Ardonagh Group agreed to…

9 May 2024

Australia & New Zealand

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Australia backs long-term gas drilling despite 2050 climate goals

Australia's Labor government on Thursday laid out a strategy to boost natural gas development even as it remains committ…

9 May 2024

Global Markets

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GLOBAL MARKETS-Asian shares subdued as China trade eyed, yen steadies …

Asian shares were subdued on Thursday as investors awaited China trade data to gauge the health of the Chinese economy, …

9 May 2024

Global Markets

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South Korea stocks tread water after flat day on Wall Street

South Korean shares fell on Thursday, as financial markets

are far from turning fully bullish on interest rate cut

pro…

9 May 2024

Global Markets

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No limit for reserves in currency intervention, Japan top FX diplomat …

Japan's top currency diplomat Masato Kanda said on Thursday that comments about the country's limitations in currency re…

9 May 2024

Australia & New Zealand

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Australia's CBA reports Q3 profit dip as competition hits

Commonwealth Bank of Australia, the country's biggest lender, reported a fall in January-March profit as competition wip…

9 May 2024

Global Markets

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FOREX-Dollar holds its ground as key inflation data looms

The dollar held tight ranges against most peers on Thursday as traders awaited key U.S. inflation data for cues on Feder…

9 May 2024

Australia & New Zealand

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JPMorgan's Australia arm fined $509,000 for allowing suspicious client…

JPMorgan's Australian arm has been fined A$775,000 ($509,252.50) for allowing suspicious client orders to be placed on w…

9 May 2024