The world’s biggest copper miners are urging Chile not to squander its mineral potential amid mounting environmental opposition, power shortages and rising labor costs and taxes in Latin America’s wealthiest economy.
The Australian and New Zealand currencies advanced after data showed home-loan approvals increased at a faster pace than estimated in the larger nation. The dollar snapped a three-day slide versus the yen.
Prime Minister Shinzo Abe’s reflation campaign last year helped draw the most women to work since 1991. He now plans to add a stick to that carrot, scaling back tax benefits for spouses with limited earnings.