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US yields revisit highs, Asia stocks sag on hawkish Fed angst

GLOBAL MARKETS-US yields revisit highs, Asia stocks sag on hawkish Fed angst By Kevin Buckland TOKYO, Sept 26 (Reuters) - U.S. Treasury yields scaled a fresh 16-year peak on Tuesday, underpinning the dollar near a 10-month summit, as investors responded to the message from the Federal Reserve and other major central banks of rates staying elevated for longer.
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Australian casino group Star Entertainment to raise $481 mln in equity

UPDATE 1-Australian casino group Star Entertainment to raise $481 mln in equity Adds details of plan By Scott Murdoch Sept 25 (Reuters) - Australian casino operator Star Entertainment Group SGR.AX is tapping the capital markets for a second time in 2023 as it aims to raise A$750 million ($481.43 million) as part of a major capital restructure to strengthen its balance sheet.
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Australia shares close higher on optimism from China support measures

CORRECTED-Australia shares close higher on optimism from China support measures Corrects to "never", from "ever", in quote in paragraph 4 ASX 200 rises, but posts worst week since September 2022 Miners snap 4-day losing run Rio Tinto pauses mining in Pilbara, shares drop By Poonam Behura Sept 22 (Reuters) - Australian shares broke a four-session losing streak on Friday, aided by commodity and financial stocks, as hopes of stimulus measures by the country's biggest trading partner, China, raised
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Macquarie downgrades Aussie banks as high costs clouds earnings

BUZZ-Macquarie downgrades Aussie banks as high costs clouds earnings ** Macquarie downgrades Australian banks .AXFJ to "underweight," flagging cost pressures due to higher expenses ** Brokerage projects cost growth 1-5% above the consensus estimate of 2-3% increase in FY24-25, tracking rising wages ** Adds, staff costs represent ~55% of banks' expe
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Not much exciting about Aussie banks as high costs pressure earnings - Macquarie

Not much exciting about Aussie banks as high costs pressure earnings - Macquarie Sept 22 (Reuters) - Rising wage costs and higher investment spending by Australian banks pose headwinds that could potentially impact the sector's earnings by up to 10% in the near term, analysts at Macquarie said on Friday, downgrading their sector rating to "underweight".
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Australia's Westpac rises as Macquarie says co's institutional business done relatively well

BUZZ-Australia's Westpac rises as Macquarie says co's institutional business done relatively well ** Institutional business has performed relatively well for Australia's Westpac WBC.AX over the recent years, analysts at Macquarie say ** Westpac stock up as much as 1.6% to A$21.9, its highest since Aug 31 ** Brokerage sees further upside value on co
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Australian lender NAB to close Hong Kong office

UPDATE 2-Australian lender NAB to close Hong Kong office Adds analyst comment in paragraph 3 and 6, share moves in paragraph 4 By Navya Mittal and Echha Jain Sept 14 (Reuters) - National Australia Bank (NAB) NAB.AX said on Thursday it would shut its Hong Kong branch, as offices in Singapore, Tokyo and Shanghai were its preferred customer outreach hubs in Asia.
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Aussie lender NAB to cut 222 back-office jobs, says trade union

UPDATE 2-Aussie lender NAB to cut 222 back-office jobs, says trade union Recasts copy to add FSU's statement in paragraph 1, adds details from the statement in paragraphs 2-4, adds NAB's statement in paragraphs 5-6 By Poonam Behura Sept 6 (Reuters) - National Australia Bank NAB.AX is planning to cut 222 back-office jobs , the Finance Sector Union (FSU) said in an emailed response to Reuters.
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Banks, commodity stocks drag Australian shares down; RBA stands pat on rates

Banks, commodity stocks drag Australian shares down; RBA stands pat on rates RBA keeps interest rates steady Gold stocks fall most since Aug 17 NZ50 falls most since Aug 21 Updates to close By Echha Jain Sept 5 (Reuters) - Australian shares slipped on Tuesday, dragged by banking and commodity stocks after the country's central bank warned of further monetary tightening while keeping the interest rates steady.
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Banks, commodity stocks drag Australian shares lower ahead of RBA decision

Banks, commodity stocks drag Australian shares lower ahead of RBA decision Sept 5 (Reuters) - Australian shares fell on Tuesday, weighed down by commodity and banking stocks, as cautious traders awaited the central bank's key interest rate decision. The S&P/ASX 200 index .AXJO retreated 0.4% to 7,287.9 as at 0032 GMT. The benchmark ended 0.6% higher on Monday.
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Australia's Westpac hits nearly 1-week low on regulator lawsuit

BUZZ-Australia's Westpac hits nearly 1-week low on regulator lawsuit ** Shares of Westpac Banking Corp WBC.AX down as much as 0.6% to A$21.66, their lowest since Aug 30 ** Australia's corporate regulator on Tuesday said it was taking WBC to court for negligence over financial hardship notices ** Westpac says legal proceedings are linked with a "tec
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Australia sues Westpac for negligence over financial hardship notices

UPDATE 3-Australia sues Westpac for negligence over financial hardship notices Adds share moves in paragraph 3, background in paragraph 5, analyst quote in paragraph 6 By Roushni Nair Sept 5 (Reuters) - Australia's corporate regulator said on Tuesday it was taking Westpac Banking Corp WBC.AX to court over its alleged failure to respond to customers' financial hardship notices between 2015 and 2022 within the required administrative time frame.
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Australia's ASIC Sues Westpac For Failing To Respond To Hardship Notices

BRIEF-Australia's ASIC Sues Westpac For Failing To Respond To Hardship Notices Sept 5 (Reuters) - Australia's ASIC: SUES WESTPAC FOR FAILING TO RESPOND TO HARDSHIP NOTICES COMMENCED CIVIL PENALTY PROCEEDINGS IN FEDERAL COURT AGAINST WESTPAC FOR FAILING TO RESPOND TO CUSTOMERS’ HARDSHIP NOTICES ASIC ALLEGES THAT BETWEEN 4 SEPT 2017 AND 20 MARCH 2022, WESTPAC BREACHED THE NATIONAL CREDIT CODE IN SOME CASES, CUSTOMERS ENDURED DEBT COLLECTION ACTIVITIES BY WESTPAC WHILE WAITING FOR BANK TO RESPOND
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Westpac acknowledges legal proceedings on financial hardships negligence

REFILE-Westpac acknowledges legal proceedings on financial hardships negligence Corrects date in dateline to Sept 5 Sept 5 (Reuters) - Australia's Westpac Banking Corp WBC.AX on Tuesday said it was aware of legal proceedings commenced by the country's corporate regulator alleging the lender's failure to assist its customers with financial hardship
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Westpac Acknowledges Civil Penalty Proceedings Commenced By ASIC

BRIEF-Westpac Acknowledges Civil Penalty Proceedings Commenced By ASIC Sept 5 (Reuters) - Westpac Banking Corp WBC.AX : ACKNOWLEDGES CIVIL PENALTY PROCEEDINGS COMMENCED BY ASIC TODAY IN FEDERAL COURT BETWEEN 2015 AND 2022 WESTPAC RECEIVED APPROXIMATELY 630,000 APPLICATIONS FOR HARDSHIP ASSISTANCE ONCE WESTPAC IDENTIFIED THE INCIDENT CO SELF-REPORTE
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Aussie lender NAB to cut 10% jobs in markets division - AFR

UPDATE 1-Aussie lender NAB to cut 10% jobs in markets division - AFR Adds details on layoffs in paragraph 2-5 Aug 28 (Reuters) - National Australia Bank NAB.AX is preparing to cut around 60 jobs of the 600-staff at its markets division and undertake a broad restructuring exercise across its seven business, the Australian Financial Review said on early on Monday citing sources.
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Morgan Stanley trims PT on Westpac after higher expenses

BUZZ-Morgan Stanley trims PT on Westpac after higher expenses ** Analysts at Morgan Stanley cut price target on Australia's Westpac Banking Corp WBC.AX to A$20.60 from A$21 ** The bank posted quarterly cash profit of A$1.8 bln ($1.15 bln) on Monday, in line with consensus expectations, but flagged acceleration in expenses in the quarter, sending it
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Australian shares end lower as financials, gold stocks weigh

Australian shares end lower as financials, gold stocks weigh China delivers smaller-than-expected rate cut Westpac hits nearly 2-month low BHP to report fiscal 2023 results Tuesday Updates to close By John Biju Aug 21 (Reuters) - Australian shares slipped on Monday, in line with weakness in global markets, with financial and gold stocks leading losses after China delivered a smaller-than-expected cut to its lending rates.
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Australian shares fall as investors cautious ahead of China rate decision

Australian shares fall as investors cautious ahead of China rate decision Aug 21 (Reuters) - Australian shares dropped on Monday, led by financials and technology sub-indexes, as investors stayed on the sidelines to gauge the U.S. Federal Reserve's outlook for interest rates this week and also awaited more policy measures from Beijing. The S&P/ASX 200 index .AXJO was down 0.2% at 7,130.3 points by 0105 GMT.
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Australia's Westpac touches 6-week low on higher Q3 expenses

BUZZ-Australia's Westpac touches 6-week low on higher Q3 expenses ** Shares of Westpac Banking Corp WBC.AX fall as much as 2.1% to A$20.82, their lowest since July 10 ** Australia's third-largest lender posts third-quarter cash profit of A$1.8 billion ($1.15 billion), as increased competition for home lending squeezed margins ** Expenses for the second half to date were up 5% from the first half, fuelled by higher supplier costs and staff wages ** Posts a core net interest margin of 1.86% for th
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شرائط

مشہور اثاثے

دستبرداری: XM Group کے ادارے ہماری آن لائن تجارت کی سہولت تک صرف عملدرآمد کی خدمت اور رسائی مہیا کرتے ہیں، کسی شخص کو ویب سائٹ پر یا اس کے ذریعے دستیاب کانٹینٹ کو دیکھنے اور/یا استعمال کرنے کی اجازت دیتا ہے، اس پر تبدیل یا توسیع کا ارادہ نہیں ہے ، اور نہ ہی یہ تبدیل ہوتا ہے یا اس پر وسعت کریں۔ اس طرح کی رسائی اور استعمال ہمیشہ مشروط ہوتا ہے: (i) شرائط و ضوابط؛ (ii) خطرہ انتباہات؛ اور (iii) مکمل دستبرداری۔ لہذا اس طرح کے مواد کو عام معلومات سے زیادہ کے طور پر فراہم کیا جاتا ہے۔ خاص طور پر، براہ کرم آگاہ رہیں کہ ہماری آن لائن تجارت کی سہولت کے مندرجات نہ تو کوئی درخواست ہے، اور نہ ہی فنانشل مارکیٹ میں کوئی لین دین داخل کرنے کی پیش کش ہے۔ کسی بھی فنانشل مارکیٹ میں تجارت میں آپ کے سرمائے کے لئے ایک خاص سطح کا خطرہ ہوتا ہے۔

ہماری آن لائن تجارتی سہولت پر شائع ہونے والے تمام مٹیریل کا مقصد صرف تعلیمی/معلوماتی مقاصد کے لئے ہے، اور اس میں شامل نہیں ہے — اور نہ ہی اسے فنانشل، سرمایہ کاری ٹیکس یا تجارتی مشورے اور سفارشات؛ یا ہماری تجارتی قیمتوں کا ریکارڈ؛ یا کسی بھی فنانشل انسٹرومنٹ میں لین دین کی پیشکش؛ یا اسکے لئے مانگ؛ یا غیر متنازعہ مالی تشہیرات پر مشتمل سمجھا جانا چاہئے۔

کوئی تھرڈ پارٹی کانٹینٹ، نیز XM کے ذریعہ تیار کردہ کانٹینٹ، جیسے: راۓ، خبریں، تحقیق، تجزیہ، قیمتیں اور دیگر معلومات یا اس ویب سائٹ پر مشتمل تھرڈ پارٹی کے سائٹس کے لنکس کو "جیسے ہے" کی بنیاد پر فراہم کیا جاتا ہے، عام مارکیٹ کی تفسیر کے طور پر، اور سرمایہ کاری کے مشورے کو تشکیل نہ دیں۔ اس حد تک کہ کسی بھی کانٹینٹ کو سرمایہ کاری کی تحقیقات کے طور پر سمجھا جاتا ہے، آپ کو نوٹ کرنا اور قبول کرنا ہوگا کہ یہ کانٹینٹ سرمایہ کاری کی تحقیق کی آزادی کو فروغ دینے کے لئے ڈیزائن کردہ قانونی تقاضوں کے مطابق نہیں ہے اور تیار نہیں کیا گیا ہے، اسی طرح، اس پر غور کیا جائے گا بطور متعلقہ قوانین اور ضوابط کے تحت مارکیٹنگ مواصلات۔ براہ کرم یقینی بنائیں کہ آپ غیر آزاد سرمایہ کاری سے متعلق ہماری اطلاع کو پڑھ اور سمجھ چکے ہیں۔ مذکورہ بالا معلومات کے بارے میں تحقیق اور رسک وارننگ ، جس تک رسائی یہاں حاصل کی جا سکتی ہے۔

ہم کوکیز کا استعمال آپکو ہماری ویب سائٹ پر بہتریں تجربہ دینے کیلیے کرتے ہیں۔ مزید پڑھیے یا اپنی کوکی سیٹنگ تبدیل کیجیے۔

خطرے کی انتباہ: آپکا سرمایہ خطرے پر ہے۔ ہو سکتا ہے کہ لیورج پروڈکٹ سب کیلیے موزوں نہ ہوں۔ براہ کرم ہمارے مکمل رسک ڈسکلوژر کو پڑھیے۔