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United States

Byron Kaye

UPDATE 3-Australia's election surprise sends shares to 11-year peak

3:08am EDT

SYDNEY, May 20 Australian banking, property and private health insurers helped propel the broader sharemarket to an 11-year high on Monday as investors cheered the conservative coalition parties' surprise election victory over the weekend.

Australian banks rally as conservative election win eases fears of new curbs

1:42am EDT

SYDNEY Australian bank shares posted their biggest rally in a decade on Monday as a surprise conservative election win eased regulation fears, though a housing downturn and strict rules baked in since a misconduct inquiry could temper longer-term bullishness.

Australian banks rally as conservative election win eases fears of new curbs

1:41am EDT

SYDNEY Australian bank shares posted their biggest rally in a decade on Monday as a surprise conservative election win eased regulation fears, though a housing downturn and strict rules baked in since a misconduct inquiry could temper longer-term bullishness.

Australia shares rally on surprise conservative election win

May 19 2019

SYDNEY Australian banking, property and health-related stocks pushed the sharemarket to an 11-year high on Monday as investors cheered the conservative coalition parties' surprise election victory on the weekend.

Australian politicians woo voters on Chinese social media app WeChat

May 17 2019

SYDNEY Australia's longest-serving government politician, conservative Kevin Andrews, is campaigning on Chinese social media app WeChat to fight off a challenge from a Chinese-speaking rival in Saturday's election.

Brother of Australian militant attacker pleads guilty to another plot

May 15 2019

SYDNEY The brother of an Australian man who set fire to a truck laden with gas cylinders and stabbed a person to death in Melbourne in 2018 pleaded guilty on Wednesday to planning another attack in the city's main square.

Australia TPG's fate tied to courts after watchdog scuppers $10 billion phone deal

May 09 2019

SYDNEY Australian internet firm TPG Telecom Ltd's best bet to recover from the serious blow dealt by regulators who blocked its $10 billion merger bid with a rival lies with the courts, with analysts doubting any alternative plans can succeed.

Australia's Westpac posts worst half-year profit since 2013

May 06 2019

SYDNEY Australia's second-biggest lender Westpac Banking Corp posted its lowest half-year profit since 2013 on Monday, as interest income shrank along with the housing market, and costs rose as the bank compensated customers for botched service.

RPT-After data scandals, Australia faces an election under heavy profiling

May 05 2019

* Political parties, candidates exempt from some privacy laws

After data scandals, Australia faces an election under heavy profiling

May 05 2019

SYDNEY/SAN FRANCISCO Australian political parties are using voter email addresses to find matching social media profiles then combining them with the country's compulsory electoral roll data, illustrating how privacy scandals have done little to slow the march of data-driven campaigning.

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