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Today: March 29, 2025
Today: March 29, 2025
Roushni Nair

Roushni Nair

Staff Writer

Latest From Roushni Nair

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

Investors scale back bearish Asian FX bets, turn bullish on Philippine peso: Reuters poll

Investors pared bearish bets on Asian currencies as the U.S. dollar faltered, with markets increasingly anxious that President Donald Trump's protectionist trade agenda

Investors scale back bearish Asian FX bets, turn bullish on Philippine peso: Reuters poll
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Fortescue profit drops on Iron Bridge impairment charge; co-CEO to step down

Australia’s Fortescue on Monday reported a $1 billion pre-tax impairment charge associated with its flagship magnetite growth project, while posting its lowest annual profit in three years amid a surprise senior-management overhaul. The world’s fourth-largest iron ore miner, which has been beset by senior management turnover over the past two years, earlier in the day announced the resignation of its metals division head and co-CEO Fiona Hick. Fortescue shares, up nearly 2.1% so far this year, fell as much as 6% to A$19.7 by 0200 GMT. A review of its assets at the

Fortescue profit drops on Iron Bridge impairment charge; co-CEO to step down
Asia|Business|Economy|Finance

Investors turn long on Singapore dollar after 7 months; bearish bets on Asian FX ease - Reuters poll

Investors turned bullish on the Singapore dollar for the first time since mid-December as the city-state's growth and inflation dynamics continue to support the local unit,

Investors turn long on Singapore dollar after 7 months; bearish bets on Asian FX ease - Reuters poll
Business|Finance

DBS picks insider Tan Su Shan as first female CEO to lead Southeast Asia's biggest bank

DBS Group said on Wednesday Tan Su Shan, its head of institutional banking, will succeed Piyush Gupta as CEO when he retires in March, making her the

Business|Economy|Finance

Who is Tan Su Shan, Singapore bank DBS's incoming CEO?

Singapore's DBS Group has appointed Tan Su Shan, currently its institutional banking group head, as CEO from March, replacing Piyush Gupta,

Asia|Australia|Business|Economy|Finance|Stock Markets

Australia's CBA faces market dominance test as lower annual earnings loom

Commonwealth Bank of Australia, the country's biggest lender, is expected to unveil a small decline in annual earnings on Wednesday, with investors focused on whether

Australia|Business|Finance|Stock Markets

Australia's Coles beats annual profit view on strong sales, shares rally

Australian grocer Coles reported annual profit ahead of expectations on Tuesday, driven by robust supermarket sales and enhanced inventory control to curb theft-related

Australia's Coles beats annual profit view on strong sales, shares rally
Australia|Business|Finance|Stock Markets

Qantas profits dip as fares fall, announces further share buy-back

Australia's Qantas Airways announced an additional share buyback on Thursday but no dividend for the fifth year, as the airline reported a 16% annual

Qantas profits dip as fares fall, announces further share buy-back
Asia|Economy|Finance

Bullish bets on most Asian currencies rise on Fed rate cut bets: Reuters poll

Analysts have raised bullish bets on most Asian currencies after mixed data heightened concerns about economic growth in the world's largest economy, increasing the odds of

Bullish bets on most Asian currencies rise on Fed rate cut bets: Reuters poll
Asia|Economy|Finance|US

Investors turn short on most Asian FX as dollar strength prevails- Reuters poll

Analysts turned bearish on most Asian currencies, with short bets on the Indian rupee at a one-year high, as expectations the Federal Reserve would cut rates less

Investors turn short on most Asian FX as dollar strength prevails- Reuters poll
Australia|Business|Economy|Finance|Stock Markets

Australian banks brace for lower earnings as costs, competition bite

Australia's biggest banks are expected to report lower annual earnings next week, with investors focused on whether intense competition in lending and the rising costs of

Australian banks brace for lower earnings as costs, competition bite
Australia|Business|Economy|Finance|Stock Markets

CBA earnings edge past expectations on higher home loan volumes

Commonwealth Bank of Australia reported first-quarter cash earnings slightly ahead of market consensus on Wednesday, helped by improved volumes in its home lending and

CBA earnings edge past expectations on higher home loan volumes
Asia|Business|Economy|Finance|Stock Markets

Bearish bets maintained on Asian FX as US tariff fears intensify: Reuters poll

Bearish bets on the South Korean won and the Indian rupee soared to a two-year high as investors clung to their short positions in other currencies on growing concerns that

Bearish bets maintained on Asian FX as US tariff fears intensify: Reuters poll
Australia|Business|Economy|Finance|Stock Markets

Goodman Group shines among Australian property firms on data-centre push

Goodman Group's stock has been on a hot streak this year, shining bright among its Australian real-estate peers as the artificial intelligence boom

Goodman Group shines among Australian property firms on data-centre push

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