Bond investors not keen on Chinese property companies, forcing them to look elsewhere as concerns mount over corporate governance and cash flow. The Financial Times reports.
Australia took a double-whammy from record-low interest rates and commodity-price drops, but the selloff has left its market attractive to yield chasers.
Asian equity markets raked in gains on Thursday, as the fall in oil prices abated, while a positive finish on Wall Street overnight lifted trading sentiment.
Asian equities put up an upbeat performance on the final trading day of the week, following an inspiring U.S. lead overnight as investors cheered the Federal Reserve's pledge to be patient in increasing interest rates.