(Bloomberg) -- Gold rose for a second day as investors weigh President Donald Trump’s tax bill, which is expected to further expand US deficits.Most Read from BloombergStruggling Downtowns Are Looking to Lure New CrowdsSprawl Is Still Not the AnswerCalifornia Exempts Building Projects From Environmental LawBullion gained as much as 1.7%, further paring its losses in the past two weeks, while US stocks edged lower and the dollar was near three-year lows. The US Senate passed the bill that combine
(Bloomberg) -- Oil edged down after its biggest weekly loss in two years as traders speculated on the volume of an expected OPEC+ supply hike and fears of Middle East tensions disrupting global oil flows dissipated.Most Read from BloombergStruggling Downtowns Are Looking to Lure New CrowdsPhiladelphia Transit System Votes to Cut Service by 45%, Hike FaresSqueezed by Crowds, the Roads of Central Park Are Being ReimaginedSao Paulo Pushes Out Favela Residents, Drug Users to Revive Its City CenterSp
The collaboration uses near real-time scam intelligence to protect CommBank customers and the Australian public from fraud.
Tracey Ryniec, Zacks Value Stock Strategist, discusses Berkshire Hathaway's equity investments and what gives Buffett the edge.
(Bloomberg) -- A gauge of Australia’s monthly inflation cooled faster than anticipated in May, moving close to the bottom of the Reserve Bank’s 2-3% target and cementing the case for an interest-rate cut as soon as next month.Most Read from BloombergBezos Wedding Draws Protests, Soul-Searching Over Tourism in VeniceUS Renters Face Storm of Rising CostsUS State Budget Wounds Intensify From Trump, DOGE Policy ShiftsCommuters Are Caught in Johannesburg's Taxi Feuds as Transit LagsEconomists at Comm
SYDNEY (Reuters) -Australian consumer price inflation slowed more than expected in May, while the closely watched core measure hit three-and-a-half-year lows as investors locked in bets for an imminent rate cut. Swaps now imply a 92% probability that the Reserve Bank of Australia would cut rates by a quarter-point when it delivers its policy decision on July 8, a day before the expiry of a 90-pause in U.S. reciprocal tariffs on other countries. Commonwealth Bank of Australia, Deutsche Bank and TD Securities changed their next rate cut call to July from August, while UBS said its expectation for the RBA to hold steady next month is under review.
NEW YORK, June 24, 2025--Auramet International, Inc. ("Auramet"), a leading precious metals merchant, is pleased to announce that it has closed a $350 million syndicated revolving credit facility (the "Facility") led by Macquarie Group ("Macquarie"). Macquarie’s Commodities and Global Markets business acted as Mandated Lead Arranger, Bookrunner and Administrative Agent for the Facility, which was well oversubscribed. The Facility complements Auramet’s various bilateral banking facilities.
Commonwealth Bank of Australia (CMWAY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
(Bloomberg) -- Australia’s economy surprisingly shed jobs in May, though unemployment held steady as fewer people sought work, suggesting a slight loosening of the labor market and bolstering the case for the Reserve Bank to reduce interest rates further.Most Read from BloombergSecurity Concerns Hit Some of the World’s ‘Most Livable Cities’JFK AirTrain Cuts Fares 50% This Summer to Lure Riders Off RoadsTaser-Maker Axon Triggers a NIMBY Backlash in its HometownHow E-Scooters Conquered (Most of) E
FLEX vs. GRMN: Which Stock Is the Better Value Option?
The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...
Does Commonwealth Bank of Australia Sponsored ADR (CMWAY) have what it takes to be a top stock pick for momentum investors? Let's find out.
Here is how Cherry Hill Mortgage (CHMI) and Commonwealth Bank of Australia Sponsored ADR (CMWAY) have performed compared to their sector so far this year.
In January this year, CBA entered an agreement to sell its remaining 5.45% stake in HZB.
The migration, which commenced in July 2024, was conducted in partnership with HCLTech by migrating over 61,000 data pipelines.
Does Commonwealth Bank of Australia Sponsored ADR (CMWAY) have what it takes to be a top stock pick for momentum investors? Let's find out.
(Reuters) -Commonwealth Bank of Australia (CBA) reported a 6% rise in third-quarter cash earnings on Wednesday, helped by growth in lending volumes and higher trading income, and said its margins were stable. Home lending volume in Australia grew 4.1%, while business lending increased 9.1% from December 2024 levels. CBA said its net interest margin for the quarter was stable, excluding non-recurring earnings.
Questions about the longevity and future prospects of a U.S.-China trade deal gave gold a boost, with the front-month futures contract closing up 0.6% to $3,240.30 a troy ounce.
The first group of CommBank technologists at the hub is focused on accelerating the adoption of Agentic AI and Gen AI solutions.
The Australian market has shown mixed performance recently, with the ASX200 experiencing a slight uptick, closing up 0.07% at 7,942 points, and sectors like IT and Health Care leading the gains. In this environment of sector-specific fluctuations, investors often look to dividend stocks for their potential to provide steady income streams; here we explore three ASX-listed companies offering yields up to 6.6%.