Australia's Coles profit meets Street view, dividend highest in over 5 years
Australian grocer Coles Group reported a first-half profit in line with market expectations and declared its highest dividend in at least five years on Thursday, helped by
Australian grocer Coles Group reported a first-half profit in line with market expectations and declared its highest dividend in at least five years on Thursday, helped by
Australian logistics software maker WiseTech Global appointed former CEO Richard White as its executive chairman on Wednesday, even as the firm's
Woodside Energy, Australia's top gas producer, is well positioned to capitalise on demand for U.S. liquefied natural gas driven by President
Mexican fast-food chain Guzman y Gomez on Friday reported first-half underlying earnings that missed estimates as declining sales at its U.S. outlets
Australia's biggest non-food retailer Wesfarmers said it may raise prices as a soft local dollar drives up supply costs and warned on Thursday that tariffs
National Australia Bank, the country's biggest business lender, said on Wednesday that first-quarter profit slipped as competition for customers ate
Commonwealth Bank of Australia's strong asset quality is expected to help the lender deliver marginal cash earnings growth in the first half, though analysts believe its
Chinese automaker BYD said on Monday its electronics unit has struck a deal with U.S.-based manufacturer Jabil Inc to buy its mobile electronics manufacturing business in China for 15.8 billion yuan ($2.2 billion). The deal will expand BYD Electronic’s (BE) customer base, product portfolio and its smartphone components business as it looks to capture Jabil’s potential growth in the sector. Singapore-based Jabil Circuit, which manufactures printed circuit boards, established a unit this month that absorbed its product-manufacturing businesses in Chengdu and Wuxi, which will now be sold to the Chinese group. Shares of
Australia's biggest banks are likely to report weaker first-half profit as high operating costs and competition to sell mortgages and deposits squeeze margins, setting up
Analysts have solidified their bearish positions on most Asian currencies as higher-for-longer U.S. interest rates and a resilient dollar are likely to continue to hurt
Bitcoin slid to a two-month low on Thursday, extending a month-long fall, as uncertainty over U.S. presidential elections and reports of bitcoin supply from a defunct
DBS Group is looking for bolt-on acquisitions that would support its geographic and business strategy but has ruled out making a major buy to save
Asia's rich and their bankers said they are backing an eventual recovery in China and betting exposure to a region that even in a slowdown is
The dollar dropped on Thursday after data showed headline consumer prices unexpectedly fell in June, while a sharp gain in the Japanese yen sparked speculation of a
Analysts have turned bullish on most major Asian currencies for the first time in more than a year, bolstered by rising bets of interest rate cuts by the Federal Reserve
BHP Group will focus on growing its copper business through existing and incoming projects after its failed attempt to buy Anglo American, it
Analysts remained bullish on most Asian currencies despite marginally dialling back some bets, a Reuters poll showed on Thursday, as a defensive U.S. dollar driven by a
Wolfspeed is set to receive $750 million in government grants for its new North Carolina silicon carbide wafer manufacturing plant facility
The Australian competition regulator, on Thursday, cleared privately owned pharmacy chain Chemist Warehouse's reverse takeover of Sigma Healthcare,
Investors sharply ramped up their short bets on Asian currencies and turned bearish on the Singapore dollar for the first time since early July on rising
Your subscription includes
Unlimited Access to All Content from
The Los Angeles Post
Your subscription has been successfully upgraded!