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  • Asian Markets Tumble on Global Growth Fears Wednesday, 13 Aug 2008 | 5:03 AM ET

    Asian markets fell Wednesday, with regional shares outside of Japan hitting a 17-month low, on the growing risk of a sharp global economic slowdown. Japan and Australia both fell 2 percent.

  • Commonwealth Bank Posts Flat Profit, Drops ABN Talks Tuesday, 12 Aug 2008 | 9:10 PM ET

    Commonwealth Bank of Australia matched expectations for flat second-half earnings, and warned of a challenging year ahead due to volatile global markets and upward pressure on funding costs, sending its shares down over 2%.

  • Australia's CSL to Buy Talecris for $3.1 Billion Tuesday, 12 Aug 2008 | 8:40 PM ET

    Australia's CSL, the world's top maker of plasma products, agreed to buy U.S.-based Talecris Biotherapeutics Holdings for $3.1 billion, to further boost its presence in the plasma market.

  • Australia's Telstra's Second Half Profit Rises Tuesday, 12 Aug 2008 | 7:45 PM ET

    Telstra, Australia's biggest phone company, missed expectations with a 14 percent rise in second-half profit on Wednesday, and forecast growth in the year ahead that was also belowanalysts' expectations.

  • Asian Markets Are Mixed, Cheaper Oil Helps Tuesday, 12 Aug 2008 | 6:10 AM ET

    Asian markets were mixed Tuesday with oil prices retreating for five of the last six days, as focus centered on the potential for further economic weakness, particularly after data showed Japan's wholesale inflation at the highest in 27 years.

  • Asian Markets Surge, But Shanghai Sinks Monday, 11 Aug 2008 | 5:10 AM ET

    With the exception of China, Asian markets rose sharply Monday as the U.S. dollar hit a six-month high against the euro and oil briefly slipped below $115 a barrel.

  • Australia's RBA Sees Scope for Lower Interest Rates Sunday, 10 Aug 2008 | 9:52 PM ET
    Austrailia, Austrailian Flag

    Australia's central bank on Monday said the economy looked to be slowing enough  to significantly reduce inflation over time, providing growing scope to ease interest rates from 12-year highs.

  • Asian Markets End Mixed, Shanghai Dips Friday, 8 Aug 2008 | 7:15 AM ET

    Asian markets pulled both ways on Friday, as Taipei jumped over 2 percent while Shanghai skidded, with concerns about the health of domestic and global economies dominating investor sentiment.

  • Asian Markets Drop as Bank Worries Drag On Thursday, 7 Aug 2008 | 9:18 PM ET

    Major Asian markets were lower across the board Friday, with bank stocks hit especially hard, as more bad news out of the U.S. financial sector exacerbated worries about banks.

  • Asian Stocks March Higher, Sydney Gains 3% Wednesday, 6 Aug 2008 | 5:41 AM ET

    Major Asian markets put on a strong showing on Wednesday, tracking a Wall Street rally that came on the heels of the U.S. Federal Reserve's decision to leave interest rates unchanged.

  • Slump in Commodities Hammers Asian Markets Tuesday, 5 Aug 2008 | 5:12 AM ET

    Asian markets extended Monday's losses amid sharp falls in commodities and deepening fears of a weakening global economy.

  • Charting Asia |KLCI Weekly Chart Tuesday, 5 Aug 2008 | 4:15 AM ET
  • TPG Awaits Asciano Results Before Deciding on Bid Monday, 4 Aug 2008 | 10:53 PM ET

    Private equity group TPG plans to study Asciano's full-year results on Wednesday before deciding what to do about its A$2.9 billion ($2.7 billion) takeover approach, which the Australian port and rail operator has rebuffed.

  • Oil Prices, Economic Fears Hit Asian Markets Monday, 4 Aug 2008 | 5:20 AM ET

    Asian markets fell Monday as a rebound in oil prices to above $126 revived inflation concerns at a time when major economies such as the U.S. and Japan are already seen headed for tough times. Japan lost 1.2% while South Korea fell almost 2%.

  • Asciano Gets $2.7 Billion Bid from Private Equity Sunday, 3 Aug 2008 | 11:27 PM ET

    Asciano, Australia's biggest port and rail operator, said on Monday it had received an unsolicited bid worth around $2.7 billion from private equity, sending its share price up as much as 17 percent.

  • Asian markets extended losses in the afternoon session Friday after disappointing U.S. economic data revived concerns about a recession in the world's top economy and bearish comments from former Fed chairman Alan Greenspan sank Wall Street.

  • Manufacturing in Australia Slows Further in July Thursday, 31 Jul 2008 | 7:55 PM ET
    Austrailia, Austrailian Flag

    Manufacturing in Australia slowed in July to its lowest level since late 2005 and new orders dropped as higher interest rates and the global credit squeeze continued to crimp activity, a private survey showed on Friday.

  • Asian Stocks End Higher, Investors Mull Financials Thursday, 31 Jul 2008 | 6:48 AM ET

    Asian stocks were mostly higher Thursday, though markets pared back gains as investors weighed central bank support for the financial sector against continued uncertainty about growth and the worry that loose monetary policy could fuel inflation further out. 

  • Australians Slash Spending, Fuel Rate-Cut Fever Wednesday, 30 Jul 2008 | 11:47 PM ET
    Austrailia, Austrailian Flag

    Australian retail sales took their biggest fall in six years in June, stirring fears the economy was slowing far more rapidly than policy-makers had planned and fanning talk of early cuts in interest rates.

  • Asian Markets Rally on Strong Dollar, Weak Oil Wednesday, 30 Jul 2008 | 5:29 AM ET

    Asian markets rallied Wednesday as investors joined Wall Street's optimism that the worst news from U.S. banks might be over and took heart from a strengthening dollar and falling oil prices. Japan and Australia both closed higher.