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Today: March 26, 2025
Today: March 26, 2025
Himanshi Akhand

Himanshi Akhand

Staff Writer

Latest From Himanshi Akhand

Asia|Business|Economy|Finance|Political|Stock Markets

Investors stay bearish on Asian currencies as trade war intensifies: Reuters poll

Investors maintained their short bets on most Asian currencies as they assessed the prospects of an escalating global trade war after U.S.

Investors stay bearish on Asian currencies as trade war intensifies: Reuters poll
Australia|Business|Economy|Finance

Strike, discounting hit H1 profit for Australia's Woolworths

Top Australian supermarket chain Woolworths said first-half profit fell the most in a decade as rising living costs spurred bargain-hunting and a

Strike, discounting hit H1 profit for Australia's Woolworths
Australia|Business|Economy|Finance|Stock Markets

Rio Tinto opposes bid to cut London listing, 2024 profit hits five-year low

Rio Tinto does not support a push by some shareholders to consolidate the company's dual-exchange share listing in

Rio Tinto opposes bid to cut London listing, 2024 profit hits five-year low
Australia|Business|Economy|Finance|Stock Markets

Star gets potential lifeline as Oaktree offers refinancing; shares rally

Star Entertainment announced on Monday that U.S.-based Oaktree had offered to refinance A$650 million ($413.40 million) of its debt in what could

Star gets potential lifeline as Oaktree offers refinancing; shares rally
Australia|Business|Economy|Finance

Australia's Macquarie sees 'very little' exposure in Trump's green energy war

Top Australian investment bank Macquarie Group on Tuesday downplayed its exposure to the U.S. green energy sector which has been up-ended by executive

Australia's Macquarie sees 'very little' exposure in Trump's green energy war
Asia|Business|Economy|Finance|Political

Asia FX bears retreat after less aggressive start to Trump's tariff plans- Reuters poll

Investors scaled back bearish bets on most Asian currencies after U.S.

Asia FX bears retreat after less aggressive start to Trump's tariff plans- Reuters poll
Asia|Economy|Finance|US

Bearish bets on most Asian FX climb to multi-month highs: Reuters poll

Short bets on most Asian currencies firmed to touch multi-month highs as growing expectations of U.S. interest rates staying higher for longer dampened appetite for

Bearish bets on most Asian FX climb to multi-month highs: Reuters poll
Business|Finance

Star Entertainment says Hard Rock-led group weighs bid; shares surge

Star Entertainment said on Monday a consortium that hosts a local partner of Florida-based Hard Rock Hotels & Casinos is considering a bid for the

Star Entertainment says Hard Rock-led group weighs bid; shares surge
Australia|Business|Finance|Stock Markets

Woodside profit, dividend beat estimates, firm flags interest in Driftwood stake

Australia's Woodside Energy reported on Tuesday a decline of 14% in half-year profit, hit by lower oil prices, but the result and its dividend beat

Woodside profit, dividend beat estimates, firm flags interest in Driftwood stake
Australia|Business|Finance|Stock Markets

Australia's Woolworths rises after special dividend, profit in line with forecast

Shares of Woolworths climbed on Wednesday after the Australian grocer declared a special dividend and also said its full-year profit dropped in line with analysts'

Australia's Woolworths rises after special dividend, profit in line with forecast
Business|Finance|Stock Markets

Britain's Rightmove to weigh REA Group's sweetened $8.1 billion takeover bid

Britain's Rightmove said on Monday it would carefully consider Australian property listing firm REA Group's sweetened 6.1 billion pound ($8.12 billion)

Britain's Rightmove to weigh REA Group's sweetened $8.1 billion takeover bid
Asia|Business|Finance|Stock Markets|Travel|US

Qatar Airways buys into Virgin Australia, raising the stakes against Qantas

Qatar Airways will buy a 25% stake in Virgin Australia from U.S. private equity firm Bain Capital, posing a tougher contest for Qantas Airways

Qatar Airways buys into Virgin Australia, raising the stakes against Qantas
Australia|Business|Economy|Finance|Stock Markets

Australia's Perpetual sinks on adverse tax ruling over KKR deal

Shares of Perpetual fell nearly 10% on Tuesday after Australian tax authorities' review of its deal to sell wealth management and corporate trust businesses to KKR & Co

Australia's Perpetual sinks on adverse tax ruling over KKR deal
Asia|Business|Economy|Finance|US

Asian FX bears firm as US rates, Trump tariff threats stay in focus: Reuters poll

Bearish bets on most Asian currencies climbed to multi-month highs as prospects of fewer U.S. interest rate cuts this year continued to boost dollar demand, while the

Asian FX bears firm as US rates, Trump tariff threats stay in focus: Reuters poll
Australia|Business|Economy|Finance|Stock Markets

Interest rate path to determine if Aussie banks can sustain rich valuations in 2025

The Australian central bank's rate trajectory and its effect on inflation will decide if Australian bank shares can eke out growth in 2025 after a

Interest rate path to determine if Aussie banks can sustain rich valuations in 2025

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