Asian stocks mostly gained on Tuesday, with Australia's shares climbing and its dollar falling after the RBA cut interest rates unexpectedly. » Read More
The outlook on emerging Asian currencies has deteriorated to its worst in years, a Reuters poll found.
CBA unveiled a $3.65 billion rights issue as its annual profit met expectations, completing a fundraising round by Australia's "Big Four" lenders.
Australian companies that miss estimates or announce anything this earnings season are being punished harshly, the Financial Times reports.
Malaysia's stocks and currency have tumbled, but bargain buyers don't appear likely to step up any time soon, analysts said.
One of the key factors powering Australia's home price boom is set to slow, a change that could finally see the run of price appreciation pause.
Asian equity markets ended mostly higher on Monday on optimism that European officials will soon agree on a third bailout deal for Greece.
Asian stocks ended mostly higher on Wednesday ahead of central bank meetings in the U.S. and Europe.
The stars are finally aligning for Australian stocks as cheap valuations and approval from billionaire Warren Buffet lure traders in.
A slew of China data offered some indication the worst of the mainland's economic slowdown may be over, although the recovery may disappoint.
China's inflation in May slowed more than expected, offering more evidence Asia's largest economy is stalling and suggesting more easing may be ahead.
The dollar looks to be back on top against the euro and the yen, and analysts say the party may last for the rest of the year.
The dollar clawed its way higher, recovering from almost four-month lows reached late last week on another surprisingly bad round of U.S. data.
China has removed the last hurdles on a massive local government debt swap that should jump start the growth of a municipal bond market.
India's government spooked investors by deferring parliamentary bills to make it easier for businesses to buy land and to harmonize taxes.
Australia's budget will be about propping up sub-par economic growth amid weak commodity prices rather than the traditional fiscal discipline, analysts say.
The dollar rose against the euro on renewed worries over a Greek exit from the eurozone, while the New Zealand dollar plunged against the greenback.
US oil prices settled higher after oilfield services firm Baker Hughes reported that the U.S. oil rig count fell for the 22nd consecutive week.
Indonesians are slowing their spending. That's bad news for its consumer companies and a dampener on an economy counting on household spending.
Oil wiped out recent gains, as euphoria from the first US inventory drawdown in months faded and focus returned to oversupplies in crude and gasoline.
Gold extended losses into a second session as higher bond yields dented its investment appeal, while uncertainty over a U.S. rate hike also weighed.