CBA's Michael Blythe says Australia's Q2 CPI was in line with RBA expectations, and the central bank had mentioned that more rate cuts could come. » Read More
Asian stock markets were mostly higher on Thursday as China's official and private sector manufacturing PMIs confirmed a recovering growth trend, boosting Shanghai markets whilst trying to convince regional investors the slowdown was bottoming out.
Asian stock markets were mostly higher on Wednesday as investors regained risk appetite despite the absence of a fresh lead from Wall Street. Regional markets seem on course to end October on a positive note.
Asian shares slipped on Monday as investors switched their focus away from signs of stable U.S. growth, looking instead at tepid global corporate earnings and the uncertain economic outlook.
Asian shares slid on Friday while the yen steadied as investors shunned risk on concerns over corporate earnings, with the region's exporters struggling against shrinking global demand.
Aadil Ebrahim, Managing Director, Bowen Asia says that he likes high quality Japanese exporters, Chinese domestic consumption stocks and local Indian plays.
Asian shares rose on Thursday as signs of recovery in China and the United States eased fears of deteriorating global growth, though generally weak corporate earnings continued to make investors wary.
Mike Smith, CEO at ANZ says that the bank is continuing to invest and is becoming more productive, while learning to do more with less cost in its core franchises.
Asian shares were unable to hold onto gains on Wednesday, as investors stayed risk averse due to weak corporate earnings results worldwide and enduring worries over economic slowdown.
Asian shares were lackluster on Tuesday with the corporate reporting season getting underway in the region, as investors stayed cautious after global shares faltered overnight on weak earning reports and outlook.
Laura Fitzsimmons, VP, Futures & Options, JPMorgan Investment Bank says that there is still offshore demand for AAA-rated Australian bonds.
Asian shares ended mixed on Monday as some regional indexes recovered from earlier losses whilst others were weighed down by dented risk sentiment from lackluster U.S. earnings and a bigger-than-expected fall in Japanese exports.
The Australian government on Monday lowered its expectations for a budget surplus as falling commodity prices coupled with slower growth begins to bite, giving rise to the question: should the country drop the idea of a surplus?
Penny Wong, Australia's Minister for Finance & Deregulation tells CNBC why the government has moved to maintain a budget surplus. She adds that the strategy will give room for the RBA to move on rates.
Martin Ferguson, Minister for Resources and Energy, Government of Australia says that Canberra is committed to negotiations with India regarding Uranium sales.
Wayne Swan, Deputy Prime Minister & Treasurer of Australia says that recent indicators reflect Australia's strong economic fundamentals.
Sanjay Reddy, Vice Chairman, GVK discusses the steps needed for its joint coal terminal with Hancock Coal. He identifies completing construction contracts & funding as primary goals.
Australian business conditions weakened in September as retailers and wholesalers suffered from slack demand, while inflationary pressures remained very subdued, adding to the case for further cuts in interest rates.
Brian Johnson, Australia Banking Analyst at CLSA discusses the impact of an RBA rate cut on Australia's economy. He expects lenders to pass on the rate cut to borrowers if the central bank does move.
Moorad Choudhry, Treasurer, Corporate Banking Division, RBS calls for global banks to get back to basics. He adds that Australian & Canadian banks avoided a crash because they maintained conservative principles.
Kevin Rudd, Former Prime Minister, Australia says that the way to resolve Japan and China's Senkaku/Diaoyu islands dispute is to "buy time". He further discusses the resilience of the Australian Labor Party while sharing about his life beyond being prime minister.