Asian currencies may take a wild ride in 2015 with central bank policies set to diverge as the Fed prepares to raise interest rates, analysts say.» Read More
Gold edged higher on Tuesday after falling more than 2% before in its deepest slide in over a year following a sustained slump in oil prices.
Brent crude oil slipped below $62 a barrel, its lowest since July 2009, on persistent concerns over global supply glut and a sluggish demand outlook.
Gold prices steadied on track for their biggest weekly rise since June, as the dollar retreated.
China has told its banks to lend more and lower loan-to-deposit ratios, as Beijing prepares to release data that confirms a slower economy.
Brent crude pared losses after hitting a five-year low on Tuesday and plunging more than 4 percent the day before.
Major Australian banks will need as much as A$48 billion to move to the top quartile of global banks, to ensure they can survive a financial crisis.
Chinese brokers have seen a surge of new stock investors and a dramatic spike in turnover on soaring local bourses, in response to government policy measures.
Asian stock markets rallied on Thursday on the back of strong U.S. data, with China's benchmark index leading the gains.
US oil rallied as data suggested that tumbling prices may have started to affect drilling activity in the fast-growing US shale oil industry.
Gold settled nearly 2 percent lower, extending a three-day slide to a two-week low.
US crude prices plunged on OPEC's decision to not cut output, but there could be more losses when markets return to full strength next week.
Oil prices tumbled on Tuesday ahead of a meeting of oil cartel OPEC where a cut in production will likely be discussed.
Crude prices pared Monday's early losses as traders and investors speculated OPEC producers might cut output more than expected.
Asian bourses finished mixed on the last trading day of the week.
US crude futures settled below $78 a barrel on Monday US dollar strength outweighed worries about conflict in Libya and Ukraine.
Asian bourses were mixed on Monday, with China outperforming after a new launch date was announced for an anticipated cross-border trading link.
Asian equities turned mixed in Friday's afternoon session.
A sudden swell in China's exports of gold and jewelry may signal a resurgence of speculative currency inflows through inflated trade receipts.
Gold edged up slightly as the dollar eased after a sharp rally, but the metal continued to languish near its lowest level since April 2010.
Even with gold prices dropping to near 4-year lows, buyers in China aren't tempted, suggesting prices have further to fall.