Edition:
United Kingdom

Byron Kaye

UPDATE 3-Australia's Crown Resorts stung by drop in Chinese spending, shares slide

4:02am GMT

* H1 pre-tax profit A$432.5 mln vs A$450 mln analyst forecasts

Vitamin maker Blackmores sounds alarm on China demand health, shares hammered

19 Feb 2019

SYDNEY Australian vitamin maker Blackmores Ltd said it would review its China business and issued a surprise profit warning, citing soft consumer demand on the mainland, sending its shares down the most since listing three decades ago.

UPDATE 3-Vitamin maker Blackmores sounds alarm on China demand health, shares hammered

19 Feb 2019

* Shares mark biggest daily percentage drop since 1985 listing (Recasts on China review, updates shares)

UPDATE 2-Australia's Westpac sees Q1 profit slide as property downturn gathers

18 Feb 2019

* Westpac 2019 Q1 profit A$2.04 bln, implied 2018 Q1 A$2.13 bln

UPDATE 2-Australia's Treasury Wine uncorks record profit, skips China weakness

14 Feb 2019

* Treasury H1 net profit A$219.2 mln vs A$187.2 mln prior year

UPDATE 2-Investors impatient as Australia's CSL shows signs of slowing growth

13 Feb 2019

* Company upgrades FY guidance to top of $1.88-1.95 bln range

Australia's Macquarie CEO looks offshore for growth

12 Feb 2019

SYDNEY Australia's Macquarie Group on Tuesday outlined the global ambitions of its new chief executive as it tracks toward a record annual profit thanks to its diversified business model, which helped offset losses from recent global market volatility.

Australian sovereign fund criticizes NAB's leadership change

11 Feb 2019

SYDNEY The head of Australia's sovereign wealth fund criticized National Australia Bank Ltd on Monday for the double resignation of its CEO and chairman after a misconduct inquiry, saying it was "not good practice" for both to go at once.

UPDATE 1-Australian bankers polish CVs as NAB looks for new leadership

08 Feb 2019

* Former NSW premier Baird seen as favourite (Updates shares, adds candidate names, updates investor quote)

Heads roll: NAB CEO, chairman to quit after scathing misconduct inquiry report

07 Feb 2019

SYDNEY The chief executive and chairman of Australia's fourth-largest bank NAB are quitting, the biggest scalps following a major inquiry that leveled blistering criticism at the country's financial sector for widespread misconduct. | Video

World News