Nandalal Weerasinghe, Governor at the Central Bank of Sri Lanka, says inflation will slow back toward the central bank's target of 5% over the second half of this year and into next year. He speaks with Haidi Stroud-Watts and Paul Allen on Bloomberg: The Asia Trade.
Iress (ASX:IRE) reported an 85% statutory profit increase to $32 million, signalling improved overall earnings quality.
JB Hi-Fi (ASX:JBH) posted a 4.8% increase in annual sales to $11.06 billion amidst an uncertain retail environment.
GPT Group (ASX:GPT) recorded a $400.1 million statutory net profit for the half-year.
Advertising network oOh!media (ASX:OML) reported half-year revenue of $340.9 million and a binding takeover agreement.
The a2 Milk Company (ASX:A2M) announced full-year revenue of NZ$1.97 billion, representing a 12.4% increase.
National Australia Bank (ASX:NAB) logged fiscal Q3 cash earnings to $1.83 billion, up 2% from the previous quarter.
BlueScope Steel (ASX:BSL) reported a FY26 underlying EBIT of $1.27 billion, driven by stronger US spreads.
Meta (NASDAQ:META) deactivated 756,000 underage accounts as platforms navigate Australia's nationwide under-16 social media ban.
Treasurer Jim Chalmers rejected One Nation policies that propose early superannuation access and a 130,000 annual migration cap.
Minutes from the Federal Reserve's July meeting will offer a closer look at the debate that produced three dissents in favor of a quarter-point rate increase, an unusually visible split as policymakers contend with elevated inflation and mixed economic data. Joining Joe Mathieu and Carol Massar on Bloomberg This Weekend, BMO Capital Markets Senior Economist Jennifer Lee expects the Fed to remain patient, with the firm forecasting no rate move until late 2027, when it expects the central bank to begin cutting.
Luxury Travel and Event Expert Olivia Ferney sits down with Lisa Mateo, Joe Mathieu and Carol Massar on Bloomberg This Weekend and shares how she has built a business catering to ultrawealthy clients whose requests can range from six-figure vacations to elaborate celebrations, while creating a social media following of more than 1 million.
