Business

Australian lender CBA's record profit clouded by 15% mortgage application slump

Australian lender CBA's record profit clouded by 15% mortgage application slump

By Scott Murdoch and Christine Chen SYDNEY, Aug 12 (Reuters) - Commonwealth Bank of Australia said mortgage applications had dropped…

August 12, 2026

Australia sets 'world-leading' minimum pay and insurance rules for gig delivery workers

SYDNEY, Aug 12 (Reuters) - Australia's industrial umpire has approved new minimum standards requiring food and grocery delivery workers to…

August 12, 2026

Analysis-Australia promised 1.2 million new homes, but builders are at their limits

By Scott Murdoch and Christine Chen SYDNEY, Aug 12 (Reuters) - In the Australian city of Brisbane, builder Jay Perham…

August 12, 2026

Oil, gold prices rise as geopolitical tensions mount before CPI

By Rocky Swift TOKYO, Aug 12 (Reuters) - Oil and gold prices climbed while regional shares edged nervously higher on…

August 12, 2026

Dollar drifts as markets await US inflation data for Fed clues

By Gregor Stuart Hunter SINGAPORE, Aug 12 (Reuters) - The dollar traded sideways in early Asian dealings on Wednesday, shrugging…

August 12, 2026

Dollar subdued as markets await US inflation data for Fed clues

By Gregor Stuart Hunter SINGAPORE, Aug 12 (Reuters) - The dollar traded sideways at the start of the Asian session…

August 12, 2026

Nvidia partners with Wall Street giants to raise $500 billion for AI buildout

By Juby Babu and Isla Binnie Aug 10 (Reuters) - Nvidia said on Monday it has partnered with six major…

August 12, 2026

Australia's CBA posts record cash earnings, but flags cooling mortgage demand

(Corrects day in paragraph 1) Aug 12 (Reuters) - Commonwealth Bank of Australia posted record full-year cash earnings that topped…

August 12, 2026

Australia's CBA posts record cash earnings, but flags cooling mortgage demand

(Corrects day in paragraph 1) Aug 12 (Reuters) - Commonwealth Bank of Australia posted record full-year cash earnings that topped…

August 12, 2026

US freight railroads lose appeal challenging new rule requiring at least two-person crews

LOS ANGELES, Aug 11 (Reuters) - Six U.S. railroads and two industry groups lost their appeal challenging a new rule…

August 12, 2026