55m ago
RBNZ Governor Breman warns persistent oil-price gains could lift inflation above forecasts
Reserve Bank of New Zealand Governor Anna Breman said on Tuesday that if recent oil-price gains persist, inflation would run “somewhat” higher than previously forecast. She added that significant risks still surround the country’s economic recovery. The RBNZ lifted its policy rate by 25 basis points to 2.75% in September, and markets imply a 75% chance of another hike to 3% at the October meeting.
55m ago
1h ago
Indian shares seen opening higher as Brent holds near $101 and U.S. 10-year yield eases
Indian equities are set to open higher on Tuesday, tracking gains in U.S. and Asian markets. Brent crude futures hovered around $101 per barrel after four straight sessions of declines, while the benchmark U.S. 10-year yield also retreated, easing concerns about inflation and funding costs. The risk premium linked to geopolitics has ebbed amid the prospect of U.S.-Iran talks at the UN General Assembly this week. The Nifty 50 has gained 1.3% over the past four sessions, even as foreign investors were net sellers of 5.76 billion rupees on Monday, according to provisional data.
1h ago
2h ago
Australia’s budget squeeze deepens as petrol hits $2.30 a litre and the cash rate rises to 4.35%
Middle East conflict has tightened global oil trade, driving up oil prices and lifting petrol and diesel costs in Australia, with unleaded petrol reaching $2.30 a litre in some areas and diesel nearing $3 a litre. The Reserve Bank of Australia has raised rates three times in 2026, taking the cash rate from 3.60 per cent at the start of the year to 4.35 per cent, and the four big banks expect it to rise again to 4.60 per cent by year-end. Higher fuel prices and interest rates are increasing mortgage and living costs for households, while consumer spending has not shown a clear pullback and inflation has been slow to ease.
2h ago
6h ago
53 former federal prosecutors say Trump media firm’s $100,000 Truth API early-access plan may be criminal
A group of 53 former federal prosecutors and law enforcement officials told a court that Trump Media & Technology Group’s plan to sell Wall Street investors early access to President Donald Trump’s Truth Social posts may amount to federal crimes. The company’s Truth API data feed charges $100,000 and promises “realtime access to posts from the highestranking Truth Social accounts.” The service sits at the center of a Southern District of New York lawsuit brought by the Intercept and the Freedom of the Press Foundation, which is seeking a preliminary injunction to stop the early-access transmission.
6h ago
7h ago
Canada targets doubling uranium exports by 2035 as Cameco forecasts 28 million-plus pounds of annual deliveries in 2026–2030
Canada has rolled out a national nuclear energy strategy that aims to double uranium exports by 2035 and plans to review foreign-investment access rules for uranium mining by 2027 to broaden funding channels. Cameco expects average annual uranium deliveries of more than 28 million pounds between 2026 and 2030. The company says its core mines should continue to run at low cost and generate strong cash flow to meet capital spending needs.
7h ago
7h ago
Telus cuts quarterly dividend 55% to $0.1875 and targets debt reduction through 2028
Telus slashed its quarterly dividend 55% to $0.1875 per share from $0.4184, taking the annual payout down to $0.75. The company also reduced its free cash flow outlook to about $1.8 billion and lowered its payout ratio target range to 45%–60% from 60%–75%. Telus expects the reset to save about $2.7 billion in cumulative cash through 2028, with the funds prioritized for debt reduction. In the second quarter, it recorded a $2.1 billion non-cash impairment charge.
7h ago
7h ago
Ganesh Chaturthi gold sales in India fall about 15% by volume as prices jump to Rs 1.57 lakh per 10 grams
Gold sales during Ganesh Chaturthi in India fell about 15% year on year by volume as buyers cut back or shifted to lighter jewellery after a sharp rise in prices, according to industry executives. In Mumbai’s spot market, gold traded at Rs 1.57 lakh per 10 grams with a 3% goods and services tax, up about 60% from Rs 98,000 per 10 gm on August 28 last year. Consumers also stepped up old-jewellery exchanges, while sales of coins and bars and demand tied to weddings and younger self-purchasers remained relatively resilient.
7h ago
8h ago
BHP shares jump 51.7% year on year as FY 2026 dividends rise to $2.419 a share
BHP Group shares have gained 51.7% over the past 12 months, outperforming the ASX 200 by more than 52 percentage points. The miner’s FY 2026 dividend payouts totalled $2.419 per share, up 41.6% year on year, implying a fully franked trailing dividend yield of 4% at current prices. Copper became BHP’s largest earnings driver for the first time, helped by a near-40% rise in copper prices in H2 FY26.
8h ago