BENGALURU Investors held onto their positions on Asian currencies in the past two weeks, a Reuters poll showed, due to uncertainty over the outcome of renewed Sino-U.S. trade negotiations.
Australia's AMP Ltd said on Thursday it will merge its banking and Australian wealth management units as part of a turnaround plan aimed at making the firm more customer-focused, after an inquiry revealed widespread misconduct.
Oct 4 Australian shares ticked up on Friday in
thin trade, as investors refrained from making big bets ahead of
a key U.S. jobs report following a series of dismal data that
put the index on track for its worst week in almost 11 months.
Oct 3 Australian shares dropped more than 2% on
Thursday, losing about A$44 billion ($29.52 billion) in value,
as Washington's move to slap tariffs on Europe and weak U.S.
data added to escalating fears over slowing global economic
* Poor U.S. data and the U.S.'s latest trade war sparks
* Big Four banks fail to pass on full interest rate cuts
(Updates to close)
* Weak U.S. data more than reverses Wed gains on c.bank rate
Oct 1 Australian shares edged higher on Tuesday
ahead of a widely anticipated rate cut by the country's central
bank, though some investors doubted it would have much impact on
Sept 30 Australian shares fell on Monday
following a late drop by mining stocks while financials
constituted the biggest drag ahead of a widely expected interest
rate cut by Australia's central bank the next day.
Sept 30 Australian shares edged higher on Monday
as mining and energy stocks gained on higher commodities and oil
prices, though uncertainty in the U.S-China trade war kept some