Australian job advertisements jump 7.9% in May – ANZ
Australian job advertisements climbed for a 12th straight month in May to reach their highest since 2008, suggesting demand for labour could withstand both a coronavirus lockdown in Victoria and the removal of some government support programmes.
Tesla to buy more than $1 bln of Australian battery minerals a year
Tesla (TSLA.O) said it expects to spend more than $1 billion a year on battery raw materials from Australia given the country’s reliable mining industry and responsible production practices.
Australia’s economy booms to pre-pandemic levels as consumers, businesses spend
Australia’s economy raced ahead last quarter as consumers and businesses spent with abandon, lifting output back above where it was last year when pandemic lockdowns tipped the country into its first recession in three decades.
Stocks near highs on recovery bets as oil extends rally above $70
Stock markets hovered near record highs on Wednesday as investors cheered the latest evidence of a sustained rebound in global economies and as stronger oil prices lifted energy stocks.
What you need to know about the coronavirus right now
Here’s what you need to know about the coronavirus right now.
What you need to know about the coronavirus right now
Here’s what you need to know about the coronavirus right now.
Australian banks, led by CBA, set to return record $15 bln cash to investors
Australia’s big banks are likely to return a record $15 billion or more of cash to investors over the next two years, with investors betting Commonwealth Bank (CBA.AX) will move first and helping drive shares of the top lender to all-time highs.
Cathay Pacific to recruit more local pilots despite plunge in travel demand
Hong Kong’s Cathay Pacific Airways Ltd (0293.HK) has resumed recuiting pilots with residency rights in the territory as part of medium- to long-term planning, the airline said on Tuesday, despite having much of its fleet parked due to the pandemic.
Dollar in doldrums as traders ponder Fed policy path; sterling soars
The dollar languished near multi-month lows versus major peers on Tuesday, as traders pondered the prospects for early policy normalisation by the Federal Reserve ahead of a key jobs report at the end of the week.
Australia’s Victoria COVID-19 cluster swells to 51, next few days ‘critical’
Australia’s second-most populous state of Victoria, the epicentre of the country’s latest coronavirus hotspot, reported 11 new cases of community transmission on Monday and authorities warned the situation could worsen in coming days. The state officially reported five new cases in the 24 hours to midnight. At a press conference on Monday, authorities announced a […]
