United Kingdom

Nikhil Nainan

Investors hold positions on Asian units ahead of high-level trade talks: Reuters poll

10 Oct 2019

BENGALURU Investors held onto their positions on Asian currencies in the past two weeks, a Reuters poll showed, due to uncertainty over the outcome of renewed Sino-U.S. trade negotiations.

Australia's embattled AMP merges banking, domestic wealth management units

10 Oct 2019

Australia's AMP Ltd said on Thursday it will merge its banking and Australian wealth management units as part of a turnaround plan aimed at making the firm more customer-focused, after an inquiry revealed widespread misconduct.

Australian shares edge higher; set for worst week in 11 months

04 Oct 2019

Oct 4 Australian shares ticked up on Friday in thin trade, as investors refrained from making big bets ahead of a key U.S. jobs report following a series of dismal data that put the index on track for its worst week in almost 11 months.

Australian shares lose nearly $30 bln in value as global risks hammer sentiment

03 Oct 2019

Oct 3 Australian shares dropped more than 2% on Thursday, losing about A$44 billion ($29.52 billion) in value, as Washington's move to slap tariffs on Europe and weak U.S. data added to escalating fears over slowing global economic growth.

Australian shares dive, wiping out $28 bln in broad sell-off as global risks mount

03 Oct 2019

* Poor U.S. data and the U.S.'s latest trade war sparks worry

Australian shares close at 3-week lows after U.S. data sparks sell-off

02 Oct 2019

* Big Four banks fail to pass on full interest rate cuts (Updates to close)

Australian shares drop to near 3-week lows after poor U.S. data

02 Oct 2019

* Weak U.S. data more than reverses Wed gains on c.bank rate cut

Australian shares edge up ahead of anticipated c.bank rate cut

01 Oct 2019

Oct 1 Australian shares edged higher on Tuesday ahead of a widely anticipated rate cut by the country's central bank, though some investors doubted it would have much impact on the market.

Australian shares close lower ahead of central bank policy meeting

30 Sep 2019

Sept 30 Australian shares fell on Monday following a late drop by mining stocks while financials constituted the biggest drag ahead of a widely expected interest rate cut by Australia's central bank the next day.

Australian shares tick up on miners, energy stocks

30 Sep 2019

Sept 30 Australian shares edged higher on Monday as mining and energy stocks gained on higher commodities and oil prices, though uncertainty in the U.S-China trade war kept some investors cautious.

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