The last time Western Australia was engaged in a dispute with Canberra of this magnitude was during the 1930s Depression. The Financial Times reports.» Read More
Asian shares rose on Thursday, boosted by better-than-expected Australian jobs data from Australia and a surprise rate cut in South Korea.
China's plan to run its biggest fiscal deficit may greatly affect some of the major providers of local government financing.
Fears that an interest rate hike in the United States is imminent drove Asian stock markets outside Shanghai lower on Monday.
The euro fell on Thursday below $1.10 for the first time since 2003 and the U.S. dollar added to gains.
China's economy will be at the forefront as parliament convenes for its annual meeting this week, meeting the challenging of reforms and deflation.
Asian stocks kicked off the week on a positive note, as an interest rate cut in China on Saturday offset a weaker finish on Wall Street last week.
The U.S. dollar has been range bound for weeks, but if Federal Reserve Chair Janet Yellen sounds more hawkish in her testimony, analysts say the greenback could test recent highs.
Gold fell as the dollar and European shares rose ahead of a meeting of euro zone finance ministers on Greece's bailout programme.
Asian markets traded broadly higher amid choppy trade Monday, with Japanese shares charging up to a 8-year high.
Brent fell below $58 a barrel on Tuesday after the IEA warned that oil prices may decline as stocks keep rising this year.
Asian stocks traded mixed on Tuesday, amid tensions between Greece and its euro zone creditors, and more weak Chinese data.
Asia stocks closed mostly lower on Thursday as Chinese monetary stimulus failed to lift sentiment amid uncertainty over Greece and oil.
Oil extended losses on Wednesday, reversing a four-session rally, after US crude inventories rose by 6.3 million barrels.
Asian stocks traded mixed on Tuesday, as a rebound in crude oil prices brought mixed blessings, while speculation that the Reserve Bank of Australia (RBA) will cut rates today continued to buoy Australian equities.
Oil prices climbed on Monday, adding to Friday's powerful rally, but another strong weekly build in U.S. crude stocks limited gains.
Crude oil settled up 8 percent, or $3.71, at $48.24, its best day since June 2012.
West Texas Intermediate fell below $44 after data showed additions to already record-high U.S. oil inventories.
Asian indices were broadly lower early Thursday, as a rout in energy stocks and a slew of disappointing corporate earnings weigh on regional markets.
Singapore's central bank surprised markets with a between-meeting easing amid nearly non-existent inflation, decking the city-state's currency.
Asian shares hit fresh highs on Tuesday, as investors deemed a Greek exit from the euro zone unlikely.