The Reserve Bank of Australia left its interest rate steady at a record low on Tuesday and analysts it could ease monetary policy soon.» Read More
*Indonesia's central bank raises FASBI rate. SINGAPORE, June 11- Asian stock, bond and currency markets took another big hit on Tuesday after a fresh spike in U.S. interest rates re-ignited concerns about capital flows from the region and prompting a surprise rate hike by Indonesia's central bank.
The Indian rupee hit a record low as markets in Asia experienced volatility similar to that seen on a couple of days last week, driven likewise by the combined fears of the Federal Reserve's premature tightening of policy and a slowdown in China's economic growth.
*MSCI Asia ex- Japan falls to fresh six-month lows. TOKYO, June 7- Japanese equities plunged to two-month lows on Friday, with the yen rising against the dollar as investors fretted over U.S. jobs data due later, while constant market agonizing about the Federal Reserve's stimulus plans drove Asian shares to fresh 2013 lows.
*MSCI Asia ex- Japan falls to fresh six-month lows. TOKYO, June 7- The Nikkei entered bear market territory on Friday as the yen rose against the dollar on concerns that the key U.S. jobs data will disappoint, while wary investors awaiting clarity on the Federal Reserve's stimulus sent Asian shares to six-month lows.
SINGAPORE, May 23- Hawkish comments by U.S. Federal Reserve Chairman Ben Bernanke and weakness in China's factory activity rocked Asian markets on Thursday, took the dollar to three-year highs, sent share markets lower, and hit the Japanese government bond market as yields rose to their highest in a year.
Japan's stock market finished Thursday's session 7 percent lower, in a hugely volatile session which saw the Nikkei gain 2 percent in early trade only to dive to a one-week low late in the session.
Federal Reserve Chairman Ben Bernanke and weakness in China's factory activity rattled Asian markets on Thursday, sending stock prices down, the U.S. dollar to three-year highs, and Japanese government bond yields to their highest in a year.
SINGAPORE, May 22- Asian stocks rose on Wednesday following a positive lead from Wall Street, with Japan's Nikkei reaching a fresh 5-1/ 2 year high and clinging to its gains as the Bank of Japan stood pat after unleashing massive stimulus last month.
A measure of Australian consumer confidence fell sharply in May as households reacted negatively to the government's budget announcement, even after a cut in interest rates to a record low.
*Australia, Korea cut rates, NZ intervenes. Fears that a global currency war is brewing were fuelled when the Reserve Bank of Australia and Bank of Korea both cut interest rates this week, citing the strength of their currencies as one of the reasons to act.
Stuart Scoular, Banking & Capital Markets Leader at PwC says despite the big four Australian banks reporting a record combined profit for H1 2013, market conditions remain challenging.
National Australia Bank added to bumper bank earnings on Thursday with a 3.1 percent rise in first-half cash profit, propelling combined earnings at Australia's "Big Four" to a record high.
Wednesday's data followed another upbeat German industrial orders report, helping euro sentiment overall, while falling borrowing costs in peripheral euro zone countries have also bolstered Europe's common currency of late.
LONDON, May 8- The euro rose against the dollar on Wednesday after an unexpected rise in German industrial output was seen making a near-term euro zone interest rate cut less likely.
Australian stocks approached their highest levels in nearly five years on Wednesday after China's trade balance swung to a surplus in April while Japan's benchmark Nikkei remained the region's out performer, extending gains to hit a fresh near five-year high.
Japan and Australia dominated Asian trade on Tuesday as a weak yen sent Tokyo stocks to their highest level in almost five years while Australian shares closed lower after briefly erasing declines following the Reserve Bank of Australia's (RBA) surprise rate cut.
*MSCI Asia ex- Japan down 0.1 pct, Nikkei hits highest since June 2008. Focus in Asia this session is on the Reserve Bank of Australia's policy decision due at 0430 GMT. Sean Callow, senior currency strategist at Westpac bank in Sydney, said in a research note that the RBA was likely to wait to see a capital investment survey due later this month before making any change.
*MSCI Asia ex- Japan up 0.1 pct, Nikkei opens up 1.9 percent. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.1 percent after hitting a 2-1/ 2- month high on Monday, when market sentiment was buoyed by a much stronger-than-expected U.S. monthly employment report late last week.
Sentiment in Asia turned cautious on Friday ahead of a key jobs report in the U.S. but Shanghai stocks rallied as investors cheered new measures by the Chinese central bank to open up its capital markets.
Lachlan Colquhoun, Head of Markets Analysis at East and Partners outlines how factors like cost-cutting are helping spur solid earnings results from Australia's 'big four' lenders.