Pranav A K

Australian shares drop on Victoria's virus woes; New Zealand at one-month low

18 Sep 2020

Australian shares ended lower for a second session on Friday, as losses in financials offset gains in mining stocks, while a rise in infections in the country's coronavirus hotspot Victoria dashed hopes of a swifter recovery.

Australian shares drop on Victoria's virus woes; NZ at 1-month low

18 Sep 2020

* NZ benchmark falls for a third straight week (Updates to close)

Australian shares retreat on rising cases, stimulus worries

28 Aug 2020

Aug 28 Australian shares declined on Friday, weighed down by gold and technology stocks, as a steady rise in COVID-19 cases in the state of Victoria and an impasse over the coronavirus stimulus bill in the U.S. unnerved investors.

Australian shares advance as new coronavirus cases ease

27 Aug 2020

Aug 27 Australian shares rose on Thursday, tracking Wall Street's record-setting rally overnight, as sentiment was lifted by a fall in new COVID-19 cases in the country's virus hot spot state.

Australian shares fall on virus worries, financials top drags

26 Aug 2020

Aug 26 Australian shares fell 1% on Wednesday in a broad-based sell-off as the state at the centre of a second wave of coronavirus cases in the country recorded its second deadliest day of the pandemic.

Oil Search slashes costs to position itself for growth from 2025

25 Aug 2020

MELBOURNE/BENGALURU Oil Search Ltd aims to start producing oil in Alaska in 2025 and expand Papua New Guinea (PNG) gas exports from 2027, after slashing costs to weather weaker oil prices in the wake of the coronavirus outbreak, its chief executive said on Tuesday.

UPDATE 2-Oil Search slashes costs to position itself for growth from 2025

25 Aug 2020

* New LNG demand window seen opening in 2027 (Recasts with CEO comments)

Australian shares hit 5-1/2-month high on coronavirus treatment bets

25 Aug 2020

Aug 25 Australian shares rose for a second straight session on Tuesday, with financials and tech stocks leading gains as investors cheered potential medical advances to combat the coronavirus pandemic even as local daily cases crept higher.

Australian shares flat as virus cases slow, NZ hits 6-month high

24 Aug 2020

Aug 24 Australian shares were little changed on Monday, as a drop in fresh coronavirus infections in the state of Victoria and a boost from technology stocks offset early losses in energy and healthcare.

Australia's Santos cautious on pandemic recovery, hangs on to cash

20 Aug 2020

BENGALURU/MELBOURNE Australia's No. 2 independent gas producer Santos Ltd paid out a weaker than expected half-year dividend amid uncertainty over a recovery from the coronavirus pandemic, as the oil market slump halved its first-half underlying profit.

World News