Edition:
India

Nikhil Nainan

Australia, NZ shares close at record highs

20 Feb 2020

Feb 20 Australian shares ended Thursday at a record peak as China ramped up support for its virus-hit economy, while domestic employment and wage data suggested further monetary easing could be on the cards.

CSL, Cochlear help Australian shares snap two sessions of losses

19 Feb 2020

Feb 19 Australian shares closed higher on Wednesday as CSL and Cochlear hit record highs and worries about the coronavirus epidemic waned as the number of new cases fell.

Cochlear says demand for implants may struggle to pick-up in virus-hit China

18 Feb 2020

Australian hearing implant maker Cochlear Ltd said on Tuesday that demand for hearing implants will struggle to catch-up in China as the coronavirus crisis delays surgeries.

Cochlear says demand for implants may struggle to pick-up in virus-hit China

18 Feb 2020

Feb 18 Australian hearing implant maker Cochlear Ltd said on Tuesday that demand for hearing implants will struggle to catch-up in China as the coronavirus crisis delays surgeries.

Caltex Australia gets bumped up bid from Couche-Tard as EG circles

13 Feb 2020

Caltex Australia Ltd said Canada's Alimentation Couche-Tard Inc has raised its buyout offer to A$8.80 billion ($5.93 billion), in a final attempt to sway the oil refiner and convenience store firm after interest from Britain's EG Group.

Australia's Blackmores cuts profit outlook on virus impact, shares plunge

12 Feb 2020

Blackmores Ltd scrapped its dividend on Wednesday and said it expects this year's profit to more than halve as the coronavirus hits its supply chain, sending the Australian vitamin maker's shares down by the most in nearly a year.

UPDATE 3-Australia's Blackmores cuts profit outlook on virus impact, shares plunge

12 Feb 2020

* Disruptions expected to last for at least two months (Adds analyst quote, updates share price)

UPDATE 2-Australia's Cochlear warns coronavirus to hit profit as China delays surgeries

11 Feb 2020

* No provision made for lower sales outside China (Recasts and updates throughout with shares, analyst comment, coronavirus context)

Boral shares plunge after bushfire profit hit, accounts probe

10 Feb 2020

Australia's Boral Ltd said on Monday delays to building projects due to bushfires will likely cause a plunge in its second-half results, while revealing an investigation had found inflated earnings at its North American window-making business.

UPDATE 2-Boral shares plunge after bushfire profit hit, accounts probe

10 Feb 2020

* Says hit from bushfires to be more pronounced in second half

World News