Shares in New York were lower in morning trade amid broad selling. US interest rate decision expected at 6am AEDT. ASX futures slip.
The prudential regulator wants to lift the governance standards of superannuation funds to insist on more timely revaluations of unlisted assets to protect new members from buying in at artificially high prices.AUD +0.3% to 70.77 US centsIn New York: BHP -2% Rio -2.7% Atlassian +0.2%Spot gold +0.1% to $US1929.94/oz at 10.44am in New York10-year yield: US 3.50% Australia 3.56% Germany 2.
The job cuts have already been made in the US, and are ongoing in other countries, chief financial officer Gary Swidler said.Peloton Interactive reported improved cash flow and a narrower net loss in the latest quarter, leading chief executive officer Barry McCarthy to say that questions about the viability of the business have been “put to bed”.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
ASX Live: ASX to open flat amid broad selling in New YorkAustralian shares are poised to open flat. US tech stocks retreated. Oil fell. $A lower. Bitcoin drops. Follow updates here.
Read more »
New York DA revives investigation into Trump’s hush money payments to Stormy DanielsManhattan district attorney Alvin Bragg to present evidence of $130,000 payment to porn star Stormy Daniels in 2016
Read more »
Chalmers’ ‘new capitalism’ has Australia becoming a new ‘Venezuela’Treasurer Jim Chalmers’ “new capitalism” will see Australia as the “Venezuela of the Southern Hemisphere”, according to Herald Sun Business Commentator Terry McCrann. “He wants to import all the totalitarian, top-down direction policies of big governments spending your money, telling what you can spend what’s left of your money on,” Mr McCrann told Sky News host James Morrow. “It would create hell on earth.”
Read more »
New Dogs, new tricks: Kennel cleanout has Belmore boys eyeing finalsThe Bulldogs head into 2023 with a roster barely recognisable from just two years ago and are ready for a revival under new head coach Cameron Ciraldo.
Read more »
New Zealand’s new DIY PM faces tough economic taskChris Hipkins has been quick to pivot to “bread and butter issues”, but he faces a daunting job to revive New Zealand’s economy.
Read more »
Bubs shares crash on China sales squeezeSlower than expected sales in key markets and a transition to the new operating model in China led to soft start to the half.
Read more »