Shashwat Awasthi

A board displaying stock prices is seen at the Australian Securities Exchange (ASX) in Sydney, Australia, February 9, 2018.

Australian Stocks Shed $172 Billion In H1, Analysts See More Pain

Australian shares were set to lose a tenth of their market value in the first half of 2022, and analysts warned of more pain ahead from a central bank counterattack to tame surging inflation and fears of a slowdown in major global economies.

Top Three Aussie Miners To Shed $11 Billion In Market Value As Commodity Rout Accelerates

Australia's big three miners were on track to lose more than A$16 billion ($11.12 billion) in combined market value on Monday at current levels, as a commodities selloff over easing China demand and fears of a global recession deepened.

Australia Bank NAB Warns On Costs After Boosting H1 Profit, Dividend

National Australia Bank Ltd increased its dividend as a surge in home and business loans helped lift first-half profit but the country's No.

NAB Boosts Dividend After In-line Profit, Warns On Costs

National Australia Bank met expectations for first-half cash profit on Thursday and raised its dividend by more than 20% as strong growth in loan volumes and higher fee income helped offset the impact of stiff competition on its margins.

Australian Banks' Margin Woes Linger But Rate Hikes May Lift View

Australia's "Big Four" banks are set to report a further squeeze on interest margins in their upcoming results dented by growing competition, though the prospect of a recovery aided by central banks' rate hikes is expected to bolster their outlook.