AUD Hits 3-Year High as Taiwan Bolsters Security and LG Expands Luxury Tech
Stock Market News·2026-02-16 02:08
Key TakeawaysAUD/USD reaches a three-year peak near 0.7100, driven by a surprise 25 basis point rate hike from the Reserve Bank of Australia (RBA) and persistent U.S. Dollar weakness.Kingfish Limited (KFL) announced a quarterly dividend of 2.66 NZ cents per share, scheduled for payment on March 27, 2026.Taiwanese President Lai Ching-te pledged to significantly bolster national defense and island security in a high-profile Lunar New Year address.LG Electronics (066570) is accelerating its push into the U.S. ...