German factory orders slide in December, undercut forecasts

German factory orders were down 1.6 percent in December compared with the previous month, official data showed Wednesday — a worse-than-expected performance that adds to worries about slowing growth in Europe’s biggest economy.

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Australia's Commonwealth Bank's 2H profit falls to $3.3B

The Commonwealth Bank of Australia has recorded a drop in statutory net profit in its latest half-year to 4.6 billion Australian dollars ($3.3 billion) as the nation’s biggest lender was hit by costs for misconduct, lower profit margins and a downturn in the housing market.

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