Asian indices mostly advanced on Tuesday to hit new highs, but trading remained cautious ahead of Federal Reserve Chair Janet Yellen's testimony.» Read More
The world's biggest miner is expected to report a 34 percent slide in half-year underlying attributable profit to $5.1 billion, but within that, Deutsche Bank sees earnings from aluminium nearly tripling while manganese earnings are seen improving by around 45 percent. "These divisions will get a bit more attention than usual given their importance in...
Asian stocks started the week on the back foot, as data showing China's manufacturing sector remaining in a poor state, along with a less-than-stellar growth data from the U.S., fueled fresh worries over the global economy.
The Swiss franc hit a two-week low against the euro and the dollar, on talk that the Swiss National Bank was intervening to weaken the currency.
Asian indices were broadly lower early Thursday, as a rout in energy stocks and a slew of disappointing corporate earnings weigh on regional markets.
Asian shares hit fresh highs on Tuesday, as investors deemed a Greek exit from the euro zone unlikely.
Asian stocks rose amid a choppy session on Thursday as the market digested hopes that the ECB will launch an aggressive stimulus package today.
Asian stock markets traded mostly higher amid choppy trade on Thursday, as a rebound in energy prices provided some reprieve.
Analysts remain bearish on the Australian dollar, with some tipping a slide to the Australian central bank’s $0.75 target this year.
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 stock markets enjoyed an upbeat session on Friday, but volatile trade played out in Shanghai, with the benchmark index closing down 0.2 percent after jumping to a more than 4-year high.
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.
On the first trading session of 2015, Asian equities were quiet on the back of a lack of foreign cues and economic data releases.
Fresh anxiety over the turmoil in oil markets and political uncertainty in Greece dragged most Asian indices lower on Tuesday, with Tokyo, Seoul and Hong Kong hitting new lows. Wall Street's mixed finish overnight did little to lift trading sentiment.
On the last trading session before Christmas, Asian indices largely rose, with the exception of China, as a strong U.S. growth report card revived risk sentiment.
The U.S. dollar rose against major currencies for a third session on diverging monetary policy between the Federal Reserve and other central banks.
Asian indices were mostly lower on Wednesday as sluggish economic data from China spooked markets that were already under strain from political uncertainty in Greece and a rout in oil prices.
Asian equities were mostly higher on Monday as investors brushed off weak data, with China's benchmark index rising to a three-year high.
Major Australian banks will need as much as A$48 billion to move to the top quartile of global banks, to ensure they can survive a financial crisis.
SYDNEY, Dec 7- Major Australian banks will need as much as A $48 billion to move to the top quartile of global banks, analysts estimate, after a government-backed review on Sunday called for stronger capital levels to ensure they can survive a global financial crisis. The review was chaired by David Murray, former head of Commonwealth bank of Australia.
SYDNEY, Dec 7- Australia's major banks should set aside more capital to ensure they can survive a repeat of the global financial crisis, a government-backed review recommended on Sunday, a measure that may rein in the banks' hefty dividend payouts. The 348- page report chaired by David Murray rejected banks' concerns and argued that Australia's financial system...