Sunday, August 18, 2019
Home Blog Page 2
SYDNEY (Reuters) - An Australian court on Tuesday dismissed allegations that Westpac Banking Corp (WBC.AX) had approved mortgages without adequate credit checks, dealing a blow to the regulator’s efforts to toughen lending standards. The Federal Court ruled against the corporate watchdog, the Australian Securities and Investments Commission (ASIC), deciding that Westpac had obeyed the law when approving 262,000 home...
BENGALURU (Reuters) - Indian shares slipped on Tuesday, dragged lower by telecoms and automotive stocks, as investors remained wary in the absence of any announcement about a government fiscal stimulus package and ahead of key inflation data.The fall in domestic markets was in line with declines in broader Asia, as fears about a drawn out Sino-U.S. trade war, protests in Hong Kong and...
SEOUL (Reuters) - A South Korean cosmestic firm, backed by Japan’s Nihon Kolmar, issued a public apology on Friday and its website remained down after its chairman showed employees a video praising Japan’s prime minister amid a bitter trade row between the two Asian nations. Shares in Kolmar Korea (161890.KS), whose clients include Unilever (ULVR.L), fell 6.2% on...
BENGALURU (Reuters) - Indian shares rose on Friday after Reuters reported that the country may exempt the tax surcharge on foreign portfolio investors (FPIs), bringing cheer to investors. The broader NSE Nifty was up 0.70% at 11,109.05 as of 0423 GMT, while the benchmark BSE Sensex rose 0.65% at 37,569.36. India may exempt FPIs...
SYDNEY (Reuters) - Australia’s economy may have reached a “gentle turning point,” led by a tentative pick-up in home prices, tax cuts and a weaker Aussie dollar, the country’s central bank chief said on Friday, though more interest rate cuts were still on the table. The Reserve Bank of Australia (RBA) has reduced interest rates twice since June to 1%, an...
(Reuters) - British Open champion Shane Lowry says becoming a major winner will count for nothing when he steps onto the first tee in his first tournament back since last month’s Royal Portrush triumph. “Obviously I won The Open and I’m a major champion but that doesn’t give me the God-given right to go out and shoot 65...
(Reuters) - A quarter of Lyft Inc LYFT.N customers who use its bikes and scooters are new to the company, executives said on Wednesday, outlining how investments in the expensive growth area may eventually benefit the core ride-hailing business. Bike and scooters have multiplied around big U.S. cities and ride-hailing services see them as a growth opportunity. Rival Uber...
LONDON (Reuters) - Frank Lampard might have hoped to ease his way into the Chelsea hotseat at his beloved Stamford Bridge but his top-flight managerial bow takes place on hostile territory against Manchester United at Old Trafford. The return of Chelsea’s record goalscorer to west London as manager was the most intriguing development of the summer and Sunday’s blockbuster...
SINGAPORE (Reuters) - Hong Kong’s Cathay Pacific Airways Ltd swung to a half-year profit, the first for the January-June period since 2016, as rising passenger revenue and lower fuel costs helped to offset a decline in the air cargo market.The airline reported an HK$1.347 billion ($171.84 million)net profit for the six months ended June 30, compared with an HK$263 million loss for...
(Reuters) - Naomi Osaka’s Grand Slam title wins at the U.S. and Australian Opens have helped catapult the Japanese tennis player up to second, behind Serena Williams, in Forbes’ list of the highest-paid female athletes over the last year. Williams, a 23-times Grand Slam champion, topped the annual list for a fourth consecutive year with estimated total earnings of...

MOST POPULAR

HOT NEWS