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COMMONWEALTH BANK OF AUSTRALIA
FOREX-Dollar steadies following US strikes on Iran and ahead of inflation dataThe dollar held steady as U.S. strikes on Iran followed a helicopter incident, though President Trump downplayed the event. Investors await...- Global Markets: Australia shares log worst week in nearly a month with US-Iran talks stuck in limboAustralian shares experienced their worst week in nearly a month, with the S&P/ASX 200 index closing down 0.7% on Friday. Escalating U.S.-I...
- Australia's CBA flags surging AI costs as tasks grow complex, slams 'work slop'Commonwealth Bank of Australia CEO Matt Comyn said businesses globally are likely to tighten scrutiny of artificial intelligence-related ...
- Dollar steady as traders await progress on Middle East peace talksThe US dollar held steady as global markets adopted a cautious stance. Investors are closely watching Middle East peace talks and upcoming ...
- Global Markets: Australian shares end flat as banking losses overshadow miners' gainsAustralian shares closed nearly flat as bank losses offset resource gains, with U.S.-Iran tensions and sticky inflation weighing on sentime...
- Dollar steadies as markets await signals on Iran war, central banksThe U.S. dollar held steady as markets awaited Middle East peace talks and signals on central bank rate hikes. Hopes for a U.S.-Iran deal t...
- USD rate today: Check U.S Dollar against Euro, Yen, SterlingU.S. nonfarm payrolls data due on June 5 are expected to show an unemployment rate of 4.3 per cent and an increase of 85,000 jobs.
- AI costs spiral as firms lose spending controlCompanies are facing massive AI bills, with one firm reportedly spending $500 million in a month on Claude AI due to unchecked usage. Sever...
- AI chiefs walk back job apocalypse warningsLeading AI figures like Nvidia's Jensen Huang and OpenAI's Sam Altman are now downplaying fears of mass job losses due to artificial intell...
- Global Markets: Australian shares bounce back as inflation miss eases rate-hike betsAustralian shares reversed early losses, closing 0.7% higher after a softer inflation report tempered interest rate hike bets. Financials, ...
- OpenAI's Sam Altman says AI unlikely to lead to 'jobs apocalypse'OpenAI CEO Sam Altman stated AI will not cause a global jobs apocalypse. He admitted his fears about white-collar job losses were exaggerat...
- Global Markets: Australia shares end lower as inflation, Iran peace deal concerns weighAustralian shares declined on Tuesday, breaking a three-day rally, as concerns over persistent inflation and diminished hopes for a U.S.-Ir...
- Global Market Today: Asian stocks rise, oil and dollar slide on Middle East peace hopesUS stock futures rose as hopes for an Iran war deal boosted risk appetite, though oil prices and the dollar slipped. While President Trump ...
- Dollar rally pauses on Iran deal hopes; yen edges back from intervention zoneHopes for a Middle East peace deal between Washington and Tehran have caused the US dollar to retreat from a six-week high. President Trump...
- Dollar at six-week high on rate-hike bets, Iran war uncertaintyThe US dollar remains strong near a six-week peak, driven by inflation fears and the potential for higher interest rates due to the Iran wa...
- Australian shares flat as housing-tax changes, global risks cap volatile weekAustralia's federal budget on Tuesday proposed curbing negative gearing to encourage investment in new housing, raising concerns about slow...
- Global Markets | Australian shares flat as bank rebound offsets broader losses; US-China talks in focusThe meeting between the leaders of Australia's key trading partners is seen as a test for risk appetite in the resource-heavy bourse, with ...
- Dollar boosted by rate expectations, safe-haven flows as Trump, Xi meetThe US dollar strengthened on Thursday. Higher Treasury yields and safe-haven demand boosted the currency. Investors anticipate Federal Res...
- Global Markets | Australia shares fall as CBA plunges 10% on earnings miss, housing tax changesThe budget proposed restricting negative gearing to newly built homes and replacing the 50% capital gains tax discount with inflation inde...
- Dollar steady as Middle East peace hopes recedeMiddle East conflict fears are keeping the U.S. dollar steady as oil prices climb. Investors worry about renewed hostilities and their impa...
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