Asian share markets rallied on Thursday after U.S. stocks enjoyed their strongest session this year when the Federal Reserve sounded upbeat on the economy and promised to be patient in removing policy stimulus.
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Euro dives to nine-year low as U.S. dollar surges
The euro tumbled to its lowest since early 2006 in Asia on Monday as a wave of stop-loss sales were tripped on the break of major chart support, sending the U.S. dollar flying higher against a range of competitors.
China factory slowdown a force for disinflation, Asia faces softer demand
China's growth engine looks to have ended last year on a flat note as its massive factory sector sputtered in December, though ebbing price pressures also offered scope for more policy stimulus from Beijing and across much of Asia.
Euro starts new year at new lows in Asia
The euro started the new year at 29-month lows in Asia after the head of the head of the European Central Bank fanned expectations it would take bolder steps on stimulus this month, so underlining the U.S. dollar's rate advantage.
China stocks top performers in 2014, oil plunges, dollar sees best gain in nine years
Chinese stocks were celebrating their best year in five on Wednesday while markets elsewhere in Asia were ending 2014 on a cautionary note as worries about Greece's future in the euro zone served as an excuse to take profits on crowded trades.
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An uneasy calm settled on Asian markets on Wednesday as a brewing financial crisis in Russia and the rout in oil prices sent investors scurrying for the cover of top-rated bonds.
Rio Tinto and BHP Billiton are amassing vast copper holdings in a push to capture a greater chunk of the $140 billion world market, apparently aiming to squeeze out high-cost producers just as they did in the global iron ore business.
Australia is experiencing a record-shattering boom in technology listings as start-ups starved of venture capital funding pursue backdoor listings, a trend that has regulators concerned companies are trying to take short cuts to get to market.
Australia's first initial public offering in a medicinal marijuana company is three times oversubscribed, giving high hopes to its founder's ambitions to become "the George Clooney of medicinal cannabis".
Australian GDP sank to 0.3 percent in the third quarter, significantly below analysts’ expectation of 0.7 percent, Australian Bureau of Statistics showed on Tuesday. In the second quarter, GDP grew by 0.5 percent. In the fourth quarter, the RBA is expecting the annual growth to ease to 2.5 percent and will probably be around 2.5% to 2.75%.
Australia is working on new drift modeling to expand the geographical area in which wreckage from missing Malaysian Airlines flight MH370 may come ashore, the Australian search coordinator said on Wednesday.
Australia said on Sunday it would list state-owned health insurer Medibank Private Ltd (MPL.AX) with a market capitalization of A$5.679 billion ($4.9 billion), exceeding the top end of a range indicated in its IPO filing a month earlier.
Australia and India will push for a free trade pact, Australian Prime Minister Tony Abbott and Indian Prime Minister Narendra Modi said on Tuesday during a rare state visit to Canberra by an Indian leader.
Leaders from the G20 group of nations agreed on Sunday to boost flagging global growth, tackle climate change and crack down on tax avoidance but ties between the West and Russia plummeted to a new low over the crisis in Ukraine.
