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Business 04 Mar 2021 | 7:00 AM

India’s services sector growth at one-year high

BENGALURU: India’s dominant services activity grew at its fastest pace in a year last month, driven by an extended robust recovery in domestic demand though input costs rose at the quickest rate in eight years, a private survey showed.

Business 03 Mar 2021 | 7:00 AM

NZ central bank in no hurry to remove stimulus, official says

WELLINGTON: New Zealand’s central bank is in no rush to tighten monetary policy, assistant governor Christian Hawkesby said as he sought to temper market expectations about sudden changes in interest rates.

Business 26 Feb 2021 | 7:00 AM

Aussie Q4 business investment surprisingly jumps

SYDNEY: Australian business investment rose by a larger-than-expected 3% with firms ramping up spending on plant and machinery despite the coronavirus pandemic in a positive sign for the country’s economy.

Business 26 Feb 2021 | 7:00 AM

Global bond rout puts Australia’s central bank on frontline

SYDNEY: The bond market rout is starting to test the resolve of global central banks, and nowhere is that clearer than in Australia, where policymakers are struggling to defend their yield targets.

Business 25 Feb 2021 | 7:00 AM

Weaker Aussie dollar will keep exports competitive

SYDNEY: The Reserve Bank of Australia (RBA) would really prefer if its currency didn’t trade above 80 US cents, eroding the competitiveness of its exports sector just as the economy is trying to recover from the pandemic.