Edition:
United Kingdom

Swati Pandey

Asian shares pare gains as U.S.-China tensions intensify

5:19am BST

SYDNEY Asian shares pared gains on Wednesday, led by losses in Chinese stocks, after Beijing vowed retaliatory sanctions against the United States, while the euro rose to a four-month high on the prospect of stimulus ahead of a crucial EU summit.

Asian markets, risk assets ride up on vaccine hopes

4:03am BST

SYDNEY Asian shares jumped on Wednesday as optimism about a coronavirus vaccine bolstered risk appetite while the euro rose to a four-month top on the prospect of stimulus ahead of a crucial EU summit.

GLOBAL MARKETS-Global shares waver on coronavirus fears

08 Jul 2020

LONDON/SYDNEY, July 8 Global stocks faltered on Wednesday as an increase in new coronavirus cases in some parts of the world undermined prospects for a quick economic recovery.

GLOBAL MARKETS-Global shares waver on coronavirus fears

08 Jul 2020

LONDON/SYDNEY, July 8 Global stocks faltered on Wednesday as an increase in new coronavirus cases in some parts of the world undermined prospects for a quick economic recovery.

Australia faces economic setback as fresh outbreaks shut down Melbourne

08 Jul 2020

SYDNEY A hard lockdown in Australia's second-largest city will likely erase nearly A$5 billion of economic output over six weeks, slowing a broader national recovery and forcing the government to expand its already massive debt-funded stimulus.

GLOBAL MARKETS-Global shares waver on coronavirus fears

08 Jul 2020

LONDON/SYDNEY, July 8 Global stocks faltered on Wednesday, losing momentum after a five-day rally, as an increase in new coronavirus cases in some parts of the world undermined prospects for a quick economic recovery. Oil prices fell on oversupply fears.

Asian shares waver with coronavirus, focus turns to corporate earnings

08 Jul 2020

SYDNEY/NEW YORK Asian stocks dithered on Wednesday as an increase in coronavirus cases in some parts of the world undermined prospects for a quick economic recovery while oil prices eased on oversupply fears.

Asian shares waver with coronavirus, corporate earnings in focus

08 Jul 2020

SYDNEY/NEW YORK Asian stocks dithered on Wednesday as an increase in new coronavirus cases in some parts of the world cast doubts over the economic recovery while oil prices eased on oversupply fears.

Australia's central bank holds rate at record low, keeps wary eye on recovery

07 Jul 2020

SYDNEY Australia's central bank held its cash rate at an all-time low on Tuesday, in a widely expected decision, and said it will help buttress the economic recovery by maintaining its accommodative approach for "as long as it is required."

An end to Australia's apartment binge looms over jobs, growth

07 Jul 2020

SYDNEY The hit to Australia's population growth from closing its international borders is quickly turning a long-running housing shortage into a glut, bringing an end to the apartment building boom behind much of the country's recent prosperity.

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