Asia-focused insurer AIA Group Ltd posted its smallest ever quarterly growth in new business value, as anti-government protests in Hong Kong hit sales of insurance products to mainland Chinese visitors.
Australia's Treasury Wine Estates Ltd (TWE) on Monday said "transformative" Chief Executive Michael Clarke would retire in early fiscal 2021, a surprise move which sent shares of the world's biggest standalone winemaker down more than 12%.
Oct 18 Australian shares dropped on Friday as a
weaker U.S. dollar dented blue-chip healthcare firms that have
offshore operations, while fears of a slide into recession
continued to dog sentiment amid scepticism over the Brexit deal
and Sino-U.S. talks.
Oct 17 Australian shares inched down on
Thursday, with heavyweight mining stocks extending sharp losses
into a third session as iron ore prices continued to slide on
worries over Chinese demand.
Oct 16 Australian shares rose on Wednesday,
boosted by a solid start to the U.S. earnings season and reports
that Britain still has a chance of avoiding a messy exit from
the European Union.
Oct 15 Australian shares notched modest gains on
Tuesday, as mixed signals on Sino-U.S. trade curbed risk taking,
while mining stocks stumbled after weak trade data from top
* Santos jumps on acquisition of some local ConocoPhillips
Air New Zealand Ltd named Walmart U.S. boss Greg Foran as its new chief executive on Friday, bringing him back home at a time the airline is trying to control costs in a lower-growth environment.
Australian packaging maker Orora Ltd said Thursday it will sell its local fiber materials business to Japan's Nippon Paper Industries for A$1.72 billion ($1.15 billion), simplifying its operations and sending its shares up 20%.
Most Asian currencies edged up on Thursday as weak U.S. economic data renewed hopes that the Federal Reserve will resume making rates cuts to prop up growth rate in the United States.