Edition:
United Kingdom

Aby Jose Koilparambil

China Mengniu plans to buy infant formula maker Bellamy's for $983 million

16 Sep 2019

China Mengniu Dairy Co unveiled a plan to buy infant formula maker Bellamy's Australia Ltd for A$1.43 billion ($983 million), a lifeline for a target beset by regulatory problems that sent its shares soaring.

Australia shares flat as fresh trade tariffs take effect

02 Sep 2019

Sept 2 Australian shares were little changed on Monday as investors stayed cautious, contemplating the after-effects of another round of tariff hikes in the festering trade war between the United States and China.

UPDATE 2-Australia's Woolworths sees 'headwinds' as consumers pinch pennies

29 Aug 2019

* Shares fall on uncertain outlook (Adds CEO comment, share movement, context)

Australia shares set to post first weekly gain in four

23 Aug 2019

Aug 23 Australian shares are set to post their first weekly gain in four on Friday, as strength in heavyweight financial stocks and significant gains in real estate firms pushed the benchmark higher.

Strong earnings push Australia shares higher, NZ inches up

22 Aug 2019

Aug 22 Australian shares advanced on Thursday as upbeat earnings from local firms and U.S. retailers lifted sentiment even as many investors remained anxious about the outlook for economic growth.

UPDATE 2-Australia's Stockland sees no firm signs of property recovery; shares drop

21 Aug 2019

* Co flags flat growth in fiscal 2020 (Recasts, adds comments from CEO & analyst, share movement)

Australia shares slip on Wall Street weakness, growth woes

21 Aug 2019

Aug 21 Australian shares declined on Wednesday as a brief two-day streak of gains gave away to renewed worries about the global economy, with miners and retailers dragging down the broader market.

Australia shares gain for 2nd day on stimulus hopes; BHP falls

20 Aug 2019

* Energy sub-index rallies, after gain in oil prices on Monday

Australia shares track Wall Street gains, energy firms lead

19 Aug 2019

Aug 19 Australian shares gained on Monday, powered by energy firms and heavyweight financial stocks as retreating recession worries helped Wall Street eke out gains after a tumultuous week.

Most currencies softer as recession fears grip markets

15 Aug 2019

Most Asian currencies weakened on Thursday as recession warnings from the U.S. bond market dented investor risk appetite, cutting short a modest respite after the United States delayed some tariffs on imports from China.

World News

Israel's Netanyahu teetering in close election race

Israel's election remained too close to call Wednesday morning, with television stations carrying unofficial results showing Prime Minister Benjamin Netanyahu tied with his main rival, former military chief Benny Gantz.