Among Asian chipmakers, South Korea’s SK Hynix Inc (KS: 000660) was by far the worst performer. The stock sank over 8% after Goldman Sachs downgraded the stock to Neutral, citing expectations of ...

Australia’s unemployment rate rose unexpectedly in June, significantly boosting the case for an interest-rate cut in August.

The jobless rate had held between 3.9% and 4.2% since late 2023 even as the broader economy slowed, a surprising resilience ...

The unemployment rate has jumped to 4.3 per cent, confirming the jobs market is cooling and paving the way an RBA cut to ...

Australian employment rose only marginally in June as the jobless rate jumped to the highest since late 2021, showing perhaps ...

A ustralia's unemployment rate rose to 4.3 per cent in June, up from 4.1 per cent in May, after the Reserve Bank surprised ...

Economics editor John Kehoe and senior reporter Jonathan Shapiro on the RBA’s shock decision on rates, what it means for the ...

The latest unemployment figures for June 2025 are out from the ABS and are not great. So why are ASX shares celebrating this ...

Consumer confidence is now 8 points above the same week a year ago, but in line with the 2025 weekly average of 86.6. ANZ ...

Australian consumer confidence dropped last week after the Reserve Bank’s unexpected decision to hold the cash rate at 3.85%.

Reserve Bank moves to keep the cash rate on hold at its most recent monetary policy meeting this month could end up actually ...

The Reserve Bank of Australia was the source of widespread consternation a week ago, when it kept interest rates on hold ...