Business – Page 2393 – Freedom 96.9

Australian shoppers tempted by special offers in May

Thursday, June 29 by SRN News

By Wayne Cole SYDNEY (Reuters) – Australian retail spending rebounded in May as consumers were tempted by online sales events and promotional discounting, a sign of resilience in consumption that might add to the case for another rise in interest rates. Data... Read More.

Asian shares subdued, yen and yuan hover near 8-mth troughs

Wednesday, June 28 by SRN News

By Stella Qiu SYDNEY (Reuters) – Asian shares were sudued on Thursday after global central banks reaffirmed their inflation-fighting resolve, warning rates may need to rise further, while the yen and the Chinese yuan struggled to lift from lows amid fears... Read More.

Dollar near 7-1/2-month high versus yen as central bankers reaffirm policy divergence

Wednesday, June 28 by SRN News

By Kevin Buckland TOKYO (Reuters) – The U.S. dollar hovered near a 7-1/2-month high against the Japanese yen after the heads of the respective central banks reaffirmed the stark divergence in their policy paths at a European Central Bank conference overnight. Federal... Read More.

Mexico considers $4.2 billion debt buyback for canceled airport, official says

Wednesday, June 28 by SRN News

By Kylie Madry MEXICO CITY (Reuters) – Mexico may repurchase about $4.2 billion in outstanding bonds issued to finance a partly built Mexico City airport that was later canceled, a senior official said on Wednesday. “It’s a possibility,” Deputy Transportation Minister Rogelio... Read More.

Australia job vacancies fall 2% in May qtr, still historically high

Wednesday, June 28 by SRN News

SYDNEY (Reuters) – Job vacancies in Australia fell in the three months to May, the fourth straight quarter of decline, but were still far above pre-pandemic levels as demand for labour remains strong. Figures from the Australian Bureau of... Read More.

Australia’s Macquarie Group to divest ownership in US port terminal operator Ceres

Wednesday, June 28 by SRN News

(Reuters) – Australian financial conglomerate Macquarie Group Ltd said on Thursday that a fund managed by its asset management arm had signed an agreement to divest its ownership of U.S.-based port terminal operator Ceres Terminals Holdings LLC. In May,... Read More.

Binance’s European banking partner to withdraw support – CoinDesk

Wednesday, June 28 by SRN News

(Reuters) -Binance’s European banking partner Paysafe Payment Solutions Ltd will stop supporting the U.S. cryptocurrency exchange from Sept. 25, CoinDesk reported on Wednesday. The crypto exchange will be changing the provider for euro deposits and withdrawals through the Single Euro Payments Area (SEPA), while the... Read More.

New Zealand business confidence improves in June- ANZ survey

Wednesday, June 28 by SRN News

SYDNEY (Reuters) – New Zealand’s business confidence improved in June, hitting the highest read since November 2021, while expected own activity moved to positive territory for the first time in 14 months, an ANZ Bank survey showed on Thursday. The survey’s... Read More.

Oil prices ease on fears of more rate hikes denting fuel demand

Wednesday, June 28 by SRN News

By Yuka Obayashi TOKYO (Reuters) – Oil prices eased on Thursday, paring some of the previous day’s gains, as investors took profits on concerns that further interest rate hikes by central banks could dampen economic growth and global fuel demand. Brent crude... Read More.

Brisk interest in SL Green’s Park Avenue tower shows strength in pockets of NY market

Wednesday, June 28 by SRN News

By Matt Tracy (Reuters) -Several overseas investors were interested in SL Green Realty’s 245 Park Ave tower before Japanese real estate developer Mori Trust bought half of it, a source familiar with the matter said, an illustration of how some corners of the property market... Read More.

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