Australia

Australia News

• Aussie Falls to Lowest Since September 2010 as Home Loans Slow

  Updated 8 minutes ago

  Australia’s dollar fell to the lowest in close to three years versus the greenback after home- loan approvals grew at the slowest pace in three months, boosting the case for further cuts to borrowing costs.

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  Yen Rebounds After BOJ Keeps Policy Unchanged; Aussie Weakens

  Updated 10 minutes ago

  The yen rose against its 16 major peers after the Bank of Japan disappointed investors who had expected measures to stem volatility in the nation’s bonds.

• Corn Drops With U.S. Planting Near Complete Amid Drier Weather

  Updated 33 minutes ago

  Corn fell for a second day after a government report showed planting in the U.S. was nearing completion amid drier weather that may improve growing conditions. Wheat and soybeans declined.

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  Asian Shares Fall as Japan Stocks Decline on BOJ Policy

  Updated 49 minutes ago

  Asian stocks fell, led by Japanese shares, after the Bank of Japan kept its policy unchanged and the yen jumped. Samsung Electronics Co. dropped after its price target was cut at Morgan Stanley.

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  Asian Stocks Fall, Yen Climbs as BOJ Disappoints, Fed Weighed

  Updated 9 minutes ago

  Asian stocks fell and the yen gained after the Bank of Japan left its monetary policy unchanged, dashing expectations for more aggressive stimulus. Emerging- market currencies and global bonds slid as the Federal Reserve considers paring debt purchases.

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  Golfing the World for $74,450 Draws Wait List on Fiji First Tee

  Updated 43 minutes ago

  The ultimate golf vacation is available for $74,450, though there’s a wait on the first tee.

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  Pimco Wary on Junk Debt in Asia as Slowdown Hurts Profits

  Updated 14 minutes ago

  Investors should be wary of high- yield borrowers as slowing growth in Asia threatens profitability, according to Pacific Investment Management Co., manager of the world’s biggest fixed-income fund.

• News Corp. Holders to Approve Plan to Split Off Publishing Unit

  Updated 1 hour, 51 minutes ago

  After years of being criticized by investors for his love of newspapers, News Corp. Chairman Rupert Murdoch takes a step closer to cleaving off the declining publishing business today.

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  Australian Covered Bond Boom Wanes as RMBS Sales Double

  Updated 54 minutes ago

  Australia’s covered bond boom is waning less than two years after the market started as yield- hungry buyers more than double purchases of residential mortgage-backed securities.

• In-Vitro Clinic Virtus Health Rises 8.5% on Trading Debut

  Updated 3 hours, 28 minutes ago

  Virtus Health Pty, an Australian provider of fertility services that sold shares in an initial public offering last month, rose 8.5 percent when its stock began trading on the Australian Securities Exchange.

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