Bets against Australia's Big Four banks have piled up amid rising concerns that the country's property prices could be about to fall off a cliff. » Read More
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.
Beijing’s efforts to restructure local government debt could boost the size of China’s nascent municipal bond market by up to twenty times.
U.S. crude on Tuesday rose to a five-month high above $61 per barrel.
The Reserve Bank of Australia (RBA) may have removed its easing bias, but that's not enough to avert a slide in the Aussie dollar, analysts say.
Indonesia's economy stumbled, with first-quarter growth below expectations, amid signs the government's stimulation efforts may be falling short.
The dollar edged higher in thin trading after a two-week drop tied to data suggesting the U.S. economy might be stabilizing.
The greenback reversed earlier losses to trade higher against a basket of currencies on Thursday.
WTI closed up 1.79 percent, helped by a weaker dollar and bets that a supply glut would ease.
The yen pushed higher on Thursday after the BOJ kept policy unchanged and held off from expanding its monetary stimulus.
Iron-ore's plunge has put Western Australia's credit rating under pressure, but that's not likely to imperil Australia's AAA just yet, analysts said.
The death of Singapore’s founding father, Lee Kuan Yew, may have spurred an unusual side effect: the city-state’s consumers now feel more confident.
Asian stocks traded higher across the board on Wednesday, with bourses in Japan and Shanghai closing at new multi-year highs.
Gold steadied below $1,200 an ounce after its biggest one-day drop in a week, remaining under pressure as the dollar rose.
The dollar rose broadly, with the euro sliding more than half a percent against the U.S currency, on growing concern that Greece may default on debts.
The last time Western Australia was engaged in a dispute with Canberra of this magnitude was during the 1930s Depression. The Financial Times reports.
Brent crude oil hit 2015 highs above $63, and analysts said more price rises were likely despite market oversupply.
The dollar traded lower across the board after an earlier rebound versus the euro amid the ECB's reiteration of its dovish stance on monetary policy.
The dollar tumbled after five straight days of gains, as investors took advantage of weaker-than-expected retail sales to lighten hefty positions.