Edition:
United Kingdom

Swati Pandey

As Australia's economy slows, predictions of a rate cut rise: Reuters poll

14 Mar 2019

SYDNEY Predictions that Australia's central bank will lower interest rates this year have increased significantly in recent weeks, a Reuters poll showed, as a steep downturn in the housing market is seen likely to further hit domestic activity.

GLOBAL MARKETS-Asia shares slip after China data, pound near 9-month peak

14 Mar 2019

* Pound eases after best 1-day percentage gain since April 2017

GLOBAL MARKETS-Asia shares flat after mixed China data, pound near 9-month peak

14 Mar 2019

SYDNEY, March 14 Asian shares barely budged on Thursday as investors reacted cautiously to mixed data from China, while the pound hovered near nine-month highs as the risk of a no-deal Brexit receded following a late-night vote.

GLOBAL MARKETS-Asia shares take a breather, pound near 9-month peak

14 Mar 2019

SYDNEY, March 14 Asian shares paused on Thursday as investors awaited data from China for clues about the health of the world's second largest economy while the pound shot up to near nine-month highs as the risk of a no-deal Brexit receded following a late-night vote.

Souring consumer mood in Australia may prompt RBA rate cut soon

13 Mar 2019

SYDNEY Australian consumers have turned gloomy in a one-two punch to the economy already battling a steep property downturn and anemic wages growth, raising the risk of an interest rate cut as soon as next month.

Satellites and shoe-leather - How investors get beyond China's dubious data

12 Mar 2019

TOKYO/SYDNEY/NEW YORK When TAL Education Group, a mid-sized tutoring services firm in China, reported a three-fold increase in its 2018 third-quarter net income earlier this year, few people made much of it.

As appetite for Asia improves, cautious investors leave banks till last

07 Mar 2019

SYDNEY/TOKYO The chances of recession have faded enough for emerging market investors to plough billions of dollars into Asian stock markets, but not enough to buy shares in the region's banks.

Australian shoppers stay at home in January, A$ falls

07 Mar 2019

SYDNEY Australian retailers suffered another bleak month in January, pointing to a tepid start for the new year after economic momentum slowed last quarter.

Australia GDP slowdown opens door wide for rate cuts this year

06 Mar 2019

SYDNEY Australia's top central banker sounded sanguine about a sharp slowdown in the country's property market on Wednesday saying it was unlikely to derail momentum even as data showed the $1.3 trillion economy hit an airpocket last quarter.

UPDATE 1-Australian economy nearly stalls in Q4, local dollar skids

06 Mar 2019

* Annual growth at 2.3 pct, slowest since mid-2017 (Adds economist comment, context, more detail from the GDP report)

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