News for Westpac Banking Corp (WBC.BE)

(Bloomberg) — Australia’s housing market is booming again, with the biggest monthly price gain in 17 years dispelling fears of a Covid-induced downturn.

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

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The major U.S. index futures are currently pointing to a higher opening on Tuesday, with stocks poised to resume their recent upward trend following the long holiday weekend.

Asian stocks rose on Tuesday, with expectations for more fiscal stimulus and global efforts to contain the spread of the coronavirus disease offering support. Japanese shares rose amid a weaker yen and significant advances in some heavyweights on optimism about the outlook for the global economy.

Ayala Corp.’s (AC) power business and its foreign partner have secured funding for their solar farm project in Australia, the listed conglomerate said in a di...

Markets in South Korea, China, Hong Kong and Singapore, among others, are closed for Lunar New Year.

(Bloomberg) -- Westpac Banking Corp. is working with JPMorgan Chase & Co. as it prepares to kick off a formal sale process for its life insurance business as soon as this month, according to people with knowledge of the matter. AIA Group Ltd., Dai-ichi Life Holdings Inc.