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Finance & Markets

Australian Earnings Beat Estimates for First Time in Four Years

Australian earnings beats are outpacing misses for the first time in four years, defying a challenging economic backdrop and bolstering chances for a stalled stock rally to resume.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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Japan’s Long-Term Interest Rates Hit 30-Year High of 3%

Japan’s long-term interest rates reached a 30-year high of 3.005% on September 1, as Tokyo bond markets reacted to a record national budget request and persistent worries over fiscal discipline.

  • Japanese long-term interest rates hit 30-year high of 3%
  • 10-year government bonds yield reached 3.005%
  • Concerns over fiscal health and aging population drove rates up

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