Glenda Kwek

Glenda Kwek is a business reporter at The Sydney Morning Herald. Email or tweet her with your news tips.

Reserve Bank revises growth forecast up

The Reserve Bank of Australia

Glenda Kwek, Peter Martin The Reserve Bank has indicated interest rates are likely to remain low for some time.


Low interest rates set to continue: RBA


Glenda Kwek The Reserve Bank has flagged a continuation of low interest rates for some time as the economy continues to adjust to the fall-off in mining investment amid an uncertain outlook.


US boost fuels local jobs spur


Sally Rose and Glenda Kwek The market rose on reassuring outlook from the world's most powerful central banker.


Blue chips and data lifts stocks

ASX trading floor, Generic, Australian Securities Exchange, Stocks, shares, trading, share price, 19th of July 2013 Photo Sasha Woolley

Sally Rose and Glenda Kwek Australian equities rose on a reassuring economic outlook from the world's most powerful central banker and were buoyed throughout the session by some better than expected Chinese trade data and...


Retail sales rise, but miss expectations



Glenda Kwek Retail sales have edged higher in March, but below economists' expectations, as spending in restaurants and cafes rose.


$A soars as Kiwi sinks on intervention threat


Glenda Kwek The Australian dollar has soared to a two-week high as the US dollar weakened, but the New Zealand dollar plunged as the RBNZ warned of FX intervention.


Reserve Bank sits pat and leaves interest rates unchanged

Glenn Stevens, governor of the Reserve Bank of

Glenda Kwek Reserve remains on sidelines for the ninth-straight month, hints jobless rate's peaked.


RBA keeps rates on hold again


Glenda Kwek The Reserve Bank has left the cash rate at a record low of 2.5 per cent for the ninth consecutive month as it continues to flag a period of stability for monetary policy.


Dollar fails to hang onto post-RBA gains


Vesna Poljak, Glenda Kwek The dollar endured a volatile session, briefly rising above US93¢ as traders scurried to capitalise on the RBA toying with a more bullish tone on employment.


Confidence slumps on budget cuts fears

Late night shopping extended in city centre (Thumbnail)

Glenda Kwek It's the first gauge of consumer sentiment since potential budget nasties have been making headlines, and the result isn't good for the federal government.


Growth signs no game changer for RBA


Glenda Kwek The Reserve Bank is set to stick to its guns on a stable outlook for interest rates, even as new data pointed to further signs of a turnaround in the jobs market and an increase in consumer prices.


Volatile week for $A amid data deluge


Glenda Kwek The Australian dollar has weakened slightly after a softer-than-expected reading of Chinese manufacturing activity, but is set to be tested further this week amid a raft of domestic economic data and...


Rising Kiwi pressuring the Aussie dollar again

Kiwi road sign, New Zealand

Glenda Kwek The Australian dollar has fallen to a two-week low against the New Zealand dollar as the country's Reserve Bank hike interest rates for the second-straight month and maintained a hawkish outlook for...


Interest rates on hold as inflation cools

Aussie dollar soars with inflation tip (Thumbnail)

Glenda Kwek A weaker than expected rise in consumer prices over the first three months of this year has sparked a sharp fall in the dollar and pushed back expectations of an increase in interest rates.


Rate rise fears ease on soft inflation numbers


Glenda Kwek Consumer prices were softer-than-expected in the first three months of this year, lowering expectations that an interest rate hike could be on the cards later this year.


Australian dollar plunges on inflation figures, China PMI

An Australian one-dollar.

Glenda Kwek The Australian dollar has plunged by more than three-quarters of a cent, slipping below US93¢ as softer-than-expected inflation figures and as Chinese manufacturing activity slowed for the...


Price rises fuel Reserve Bank dilemma on interest rate

Reserve Bank of Australia

Glenda Kwek Higher cigarette, fuel and housing-related prices are tipped to push the rate of inflation above the RBA's upper target level for the first time in two years.


Analysts lift $A forecasts ahead of CPI data


Glenda Kwek The Australian dollar has kicked off a busy week of data releases slightly softer as the US dollar continued to strengthen against a range of currencies.

Stockmarket: Firm start expected to truncated week


Glenda Kwek Sharemarket set to start shortened trading week on firmer note after strong finish in US.


Bad debts force Australian Pharmaceutical Industries write-down


Glenda Kwek The company behind the Priceline and Soul Pattinson brands has issued a savage write-down - equivalent to half the size of its market capitalisation - after its struggling pharmacy customers failed...