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Australia inflation runs hot in July, adding to rate hike risk

Australia inflation runs hot in July, adding to rate hike risk

SYDNEY, Aug 26 (Reuters) - Australian consumer prices rose more than expected in July as fuel and travel costs jumped, data showed on Wednesday, while core inflation also exceeded forecasts and added to the risk of another hike in interest rates.

Shares, oil dip as US sanctions on Iran loom

Shares, oil dip as US sanctions on Iran loom

By Iain Withers and Wayne Cole LONDON/SYDNEY, Aug 24 (Reuters) - Global stocks slipped on Monday and oil prices eased as investors awaited details of threatened U.S. sanctions on Iran, while the Canadian dollar dipped as a trade war loomed with its southern neighbour. U.S.

Dollar struggles for traction as markets weigh Iran sanctions, Treasury buybacks

Dollar struggles for traction as markets weigh Iran sanctions, Treasury buybacks

By Jiaxing Li HONG KONG, Aug 25 (Reuters) - The U.S. dollar struggled to hold onto gains against major peers on Tuesday, as investors parsed Washington's expanded Iran-related sanctions and renewed efforts to ease pressure on longer-dated Treasury yields.

Dollar moves in a narrow range ahead of inflation data, Jackson Hole

Dollar moves in a narrow range ahead of inflation data, Jackson Hole

By Gregor Stuart Hunter SINGAPORE, Aug 26 (Reuters) - The dollar was rangebound in early Asian trading on Wednesday as an uneasy calm hung over currency markets, with investors awaiting inflation reports from major economies including the U.S. ahead of the Jackson Hole symposium this weekend.

Mexico's economy blooms in Q2, fastest growing pace since 2022

Mexico's economy blooms in Q2, fastest growing pace since 2022

By Aida Pelaez-Fernandez MEXICO CITY, Aug 24 (Reuters) - Mexico's economy rebounded in the second quarter from the previous three-month period, national statistics agency INEGI said on Monday, posting its strongest expansion since early 2022.

BOJ to speed up its tightening campaign, raise key rate to 1.25% in September: Reuters poll

BOJ to speed up its tightening campaign, raise key rate to 1.25% in September: Reuters poll

By Satoshi Sugiyama TOKYO, Aug 26 (Reuters) - The Bank of Japan will move more swiftly than previously expected and raise interest rates again in September, a majority of economists said in a Reuters poll, with the terminal rate also likely to be higher.

Bond market anxiety raises stakes for Warsh's debut Jackson Hole speech

Bond market anxiety raises stakes for Warsh's debut Jackson Hole speech

By Howard Schneider WASHINGTON, Aug 24 (Reuters) - U.S.

Australian Indigenous group appeals Fortescue mining compensation ruling, seeks $1.3 billion

Australian Indigenous group appeals Fortescue mining compensation ruling, seeks $1.3 billion

By Melanie Burton MELBOURNE, Aug 26 (Reuters) - Australia's Yindjibarndi Indigenous group said on Wednesday it had lodged an appeal with the federal court over the amount of compensation awarded against Fortescue for mining on their lands without an agreement since 2012.

New Zealand to introduce bill banning social media for children under 16

New Zealand to introduce bill banning social media for children under 16

By Renju Jose and Alasdair Pal SYDNEY, Aug 24 (Reuters) - New Zealand Prime Minister Christopher Luxon said on Monday his party will introduce a bill in Parliament that seeks to ban children under 16 from using social media, proposing fines of up to 10% of a platform's global revenue for non-

Australia confirms first H5N1 bird flu case in local mammal

Australia confirms first H5N1 bird flu case in local mammal

SYDNEY, Aug 23 (Reuters) - Australia on Sunday confirmed its first case of H5N1 bird flu in a mammal, with the deadly virus found in a long-nosed fur seal in South Australia state.

Shares flat in Asia before Iran sanctions news, Nvidia results

Shares flat in Asia before Iran sanctions news, Nvidia results

By Wayne Cole SYDNEY, Aug 24 (Reuters) - Share markets were flat in Asia on Monday and oil prices eased as investors awaited details of threatened U.S. sanctions on Iran due later in the session, while the Canadian dollar dipped as a trade war loomed with its southern neighbour.

Dollar trading near multi-month lows, restrained by debt nerves

Dollar trading near multi-month lows, restrained by debt nerves

By Tom Westbrook SINGAPORE, Aug 24 (Reuters) - A wavering dollar teetered near multi-month lows on Monday in a market unsettled by the U.S. Treasury's promise to buy back more long bonds, while traders awaited details of sanctions on Iran and on policy speeches this week in the U.S. and Japan.