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Rushil Dutta

Lenovo warns of price hikes to absorb U.S. tariffs, shares slide

15 Aug 2019

China's Lenovo Group, the world's largest PC maker, warned it will have to raise product prices if U.S. tariffs increase, sending its shares tumbling 6.5% to two-month lows.

UPDATE 2-Australia's NAB posts flat Q3 cash profit as bad debts, costs rise

14 Aug 2019

* Australia's third-biggest lender posts A$1.65 bln cash earnings

Australian shares edge lower as energy firms lead losses, NZ up

18 Jul 2019

July 18 Australia shares eased on Thursday, tracking declines on Wall Street while the energy sector led losses due to softer oil prices and Woodside Petroleum's disappointing quarterly revenues.

BHP, financials help Australia shares snap 3-day losing streak, NZ flat

17 Jul 2019

July 17 A surge in shares of BHP Group helped lift the Australian market and the resources sector on Wednesday after the world's biggest miner reported a rebound in iron ore output for the fourth quarter.

Financials, energy shares drag Australian benchmark lower, NZ down

16 Jul 2019

July 16 Australia shares closed slightly lower on Tuesday, with advances in defensive stocks offset by losses in the financial and energy sectors, after investors shrugged off the central bank's July meeting minutes suggesting further policy easing.

Australia shares cut losses after weak China GDP, NZ lower

15 Jul 2019

July 15 Australian shares trimmed losses on Monday after China reported its economy grew at its weakest pace in nearly three decades, reinforcing expectations its government will roll out more stimulus measures.

Australia and NZ shares steady ahead of G20 meeting

27 Jun 2019

June 27 Australian shares were muted on Thursday as more modest U.S. rate cut expectations took the sheen off defensive stocks, but many investors kept to the sidelines ahead of this weekend's Group of 20 meeting in Japan.

Australia shares end lower after Fed narrows easing expectations, NZ steady

26 Jun 2019

* NZ50 slightly lower, circles record levels (Updates to close)

Australia shares subdued after Fed tempers easing hopes, NZ dips

26 Jun 2019

June 26 Australian shares were subdued on Wednesday, in line with equities worldwide, after U.S. Federal Reserve officials dampened market expectations of aggressive rate cuts this year.

Miners take Australian shares higher, NZ climbs to new peak

25 Jun 2019

June 25 Australian shares clung to tight ranges on Tuesday amid a backdrop of cautious trade before a meeting between U.S. President Donald Trump and Chinese President Xi Jinping at the G20 summit in Japan later this week.

World News