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Financials Headlines

Australia shares poised to rebound, NZ slightly down

Australian shares are likely to recover and open firm on Tuesday aided by recovering oil prices. Oil rose more than 1 percent on Monday after key OPEC producer Saudi Arabia pledged to cut exports in August to help reduce the global crude glut. The local share price index futures rose 0.2 percent, or 13 points, to 5,638, a 50.1-point discount to the underlying S&P/ASX 200 index close. The benchmark fell 0.6 percent to 5,688.1 on M

UPDATE 2-Molina Healthcare to cut about 1,400 jobs -memo

Molina Healthcare, a health insurer that specializes in the Obamacare and Medicaid healthcare programs for low-income and poor people, plans to cut about 1,400 jobs in the next few months, according to an internal company memo reviewed by Reuters.


U.S. judge allows Trump election commission to seek voting data

WASHINGTON President Donald Trump's commission investigating voter fraud may request voter roll data from U.S. states, a federal judge ruled on Monday, in a setback for groups that contend the effort could infringe on privacy rights.