Asian equity markets sold off sharply across the board on Friday amid a flight-to-safety.» Read More
The Chinese yuan hit a record high against the dollar on Wednesday, a sign of Beijing allowing the yuan to flex its muscles as a global currency.
Asian stocks enjoyed a relief rally on Friday on optimism that U.S. lawmakers would soon reach a deal to avert a debt default.
The embattled U.S. dollar faces its fifth losing week as the U.S. government shutdown hits growth prospects in the world's largest economy.
Lachlan Colquhoun, Head of Markets Analysis at East and Partners tells CNBC's Cash Flow which three banks he thinks will outperform in the Asia.
SYDNEY, Oct 3- The U.S. dollar sagged to eight-month lows on Thursday as the U.S. government shutdown dragged on with no end in sight, though share markets found comfort in expectations major central banks might now have to stay super-loose for longer.
SYDNEY, Oct 3- The U.S. dollar stayed under pressure on Thursday while share markets flatlined as the U.S. government shutdown dragged on with no obvious end in sight, stirring unease about the country's economy and its debt ceiling.
Asian equities ended the week mostly higher but trade was rangebound due to worries over a U.S. government shutdown.
Asian equities were mostly lower on Wednesday after Wall Street logged its fourth straight session of losses amid uncertainty surrounding U.S. budget discussions.
Balaji Swaminathan, General Manager, Asia at Westpac Bank says they are banking on the flow of people, capital and clients between Australia and the rest of Asia.
Asian equity markets moved off session lows on Wednesday but investors continued to take profits after recent robust gains and as U.S. support for action against Syria dampened sentiment.
Asian equity markets kicked off September higher after two separate readings of Chinese factory activity confirmed hopes of a recovery in the world's second-largest economy.
China's benchmark index reversed course for a second time on Friday to close down 0.6 percent following an earlier spike of 5.6 percent that propelled the index to two-and-a-half-month highs.
Japan's benchmark index reversed earlier losses on Tuesday to rally 1 percent as the yen weakened while the rest of Asian stocks were mixed in choppy trade.
Asian stocks rebounded on Tuesday from the previous day's sharp losses following a positive U.S. lead and after Chinese consumer inflation accelerated in June.
The Reserve Bank of Australia left its interest rate steady at a record low on Tuesday and analysts it could ease monetary policy soon.
Japan's benchmark Nikkei index extended its correction to hit a new six-week low on Monday as worries of a slowdown in China returned to the spotlight and a sharp sell-off on Wall Street late last week curbed risk appetite.
Asian stocks rose on Wednesday but ended off session highs as a weak Australian dollar, volatile Japanese markets and renewed fears of the U.S. Federal Reserve tapering its bond-buying program scaled back momentum.
Japan's benchmark stock index closed higher on Tuesday after three days of extreme volatility. The Nikkei managed to stabilize after a shaky morning session, which saw the index zigzag between gains and losses after shedding 1 percent at the open.
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.
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.