Australia Financial News

US Federal Reserve will not raise interest rates further. On Tuesday, domestic frontline indices ended with gains as fag-end buying helped snap two-day losing run despite mixed global cues. The Sensex ended 204.16 points, or 0.31%, higher at 66,174.20, while the Nifty 50 gained 95.00 points, or 0.48%, to close at 19,889.70.

central bank suggested that more rate hikes could be in the offing. The kiwi jumped more than 1% to hit a four-month peak of $0.6203 after the Reserve Bank of New Zealand (RBNZ) kept interest rates steady, as expected, but revised its official cash rate (OCR) track higher for 2024 and 2025, pointing to further tightening ahead. «Whilst the RBNZ were expected to hold, their statement struck a hawkish tone by stating that inflation remains too high,» said Matt Simpson, senior market analyst at City Index. The Australian dollar similarly scaled a four-month top of $0.6670, unfazed by domestic data showing inflation eased by more than expected in October as goods prices fell, while core inflation also edged down. The Antipodean currencies got a lift from a falling greenback, which tumbled to an over three-month low against a basket of currencies as bets grow that the U.S. Federal Reserve could begin cutting rates early next year. Fed Governor Christopher Waller — a known hawkish and influential voice at the central bank — on Tuesday flagged a possible rate cut in the months ahead, feeding market expectations that U.S.

By Rae Wee

Former Governor of China’s central bank PBOC is all optimistic about the country’s central bank digital currency (CBDC) nearing completion.

farewell to at least seven Netflix Original titles. In November 2023, two major Netflix Originals bid adieu, including «Passing» removed from Netflix UK on November 10th, and «All Hail King Julien» and «All Hail King Julien: Exiled» leaving Netflix on November 18th.

The Australian Taxation Office (ATO) has provided pivotal guidance on the capital gains tax (CGT) treatment concerning decentralized finance (DeFi) and the process of wrapping crypto tokens. This move is part of the ATO's ongoing efforts to clarify tax obligations in the evolving domain of digital assets and blockchain-based finance.

New Delhi (India), November 27: Getting a visa for Australia and other countries can be a tedious job and many people who have a dream of going overseas for their career do not want to waste time. Going to Australia or any other country is a lifetime opportunity, and nobody wants to lose this opportunity. Many freshers who do not have any experience regarding immigration may get confused as a lot of questions may arise in their minds.

PTI quoted Kapil as saying on the sidelines of the inaugural tee-off ceremony of the Kapil Dev Grant Thornton Invitational golf tournament. ALSO READ Bulaye nahi hume: Kapil Dev claims BCCI ‘forgot’ to invite him to 2023 World Cup final, netizens say ‘pathetic!’ Before Australia turned the tables on them at the Narendra Modi Stadium on November 19, India won 10 games, most of which were lopsided as contests. India has lost seven knock-out games out of eight ICC tournaments for the past 10 years that they took part in between 2014 to 2023.

TRM Labs has announced a partnership with Australian digital asset exchange Swyftx to reward virtual asset users who take steps to protect their accounts against fraudulent actors in the country.

ALSO READ: India not the ‘best team’ in World Cup 2023: Gautam Gambhir says, ‘It did not matter whether you finished first…’ Reacting to a question about Dravid's future as India's head coach, Gambhir said on Sportskeeda, as quoted by Hindustan Times, "Dravid's contract as head coach should be automatically renewed. The kind of cricket that India played throughout the World Cup, if you are going to judge a coach by just one match then it is a wrong precedent." On the contrary, Gambhir expressed his reservations against Rohit's statements before the World Cup final. Earlier, on the eve of the final against Australia, Rohit had said that the team wanted to win the trophy for head coach Dravid for the kind of efforts he has put in for the betterment of the players, added the report.

By Anisha Sircar

Christopher Luxon has been sworn in as New Zealand’s prime minister and says his priority is to improve the economy

India at the Barsapara Stadium in Guwahati, Australia have made a number of changes to their squad, giving much-needed rest to many of the players from the World Cup-winning side and giving opportunities to fresh faces. According to CricketAustralia.com.au, veteran batter Steve Smith and spinner Adam Zampa have already flown home to Australia ahead of the match in Guwahati, while other stars of the World Cup squad including Glenn Maxwell, Marcus Stoinis, Josh Inglis and Sean Abbott will fly home tomorrow.

By Clyde Russell

Investing.com-- Most Asian currencies advanced on Tuesday amid growing conviction that the Federal Reserve was done raising interest rates, which in turn put the dollar at a three-month low.

Suryakumar Yadav's India take on Matthew Wade's Australia in the third T20 at the Barsapara Cricket Stadium in Assam on Tuesday. The Men in Blue have thrashed the Aussies in the last two matches and will be looking to seal the tournament with a win in the third T20 of the five-match series. Also Read | India vs Australia 3rd T20 match: When, where and how to watch, live-streaming details Surya-led India have looked energetic on the field and somewhat ultra-aggressive with the bat, following in their captain's footsteps.

Investing.com-- Asian stocks rose slightly on Tuesday as traders kept to the sidelines before a string of key economic readings from the U.S. and China due later this week, although most regional bourses were sitting on strong gains for November. 

By Raphael Satter and Diane Bartz

By Ankur Banerjee

TCS, Maruti, Paytm, Wipro, PB Fintech, Eicher are among the stocks that could be in focus on Tuesday.India's benchmark stock indices ended lower for the second consecutive day on Friday. The S&P BSE Sensex closed 48 points, or 0.07%, lower at 65,970.04, while the NSE Nifty 50 fell 7 points, or 0.04%, to end at 19,794.70.GIFT Nifty on the NSE IX traded a marginal 6 points higher, hinting at a muted start for Indian indices on Tuesday.Asian stocks witnessed a mixed opening on Tuesday after Wall Street struggled in the wake of a rally that put the S&P 500 near “overbought" levels.Australian shares opened higher, and Hong Kong shares also ticked up traders brushed off overnight losses in US markets, with eyes on US inflation figures later in the week.The Shanghai Composite Index dipped 0.10%, and the Shenzhen Composite Index on China's second exchange eased 0.09%.The benchmark Nikkei 225 index was down 0.04%, at 33,433.26 in early trade, while the broader Topix slipped 0.17%.On Monday, the S&P 500 slipped 0.2%, and the Dow Jones Industrial Average also closed 0.2% lower.

BSE Sensex ended lower by 47.77 points or 0.07% at 65,970.04 level while the Nifty 50 closed at 19,794.70 level, down 7.30 points or 0.04%. According to technical analysts, the key indices experienced a sluggish week, with minimal momentum and prices maintaining a narrow trading range. Despite the lack of significant movements, the Nifty 50 managed to extend its weekly winning streak, securing a 0.34% gain and closing just below the 19,800 mark.