SYDNEY, Aug 16 Asian shares found some footing on Friday after a turbulent week as China hinted at more support for its economy, amid growing expectations of aggressive stimulus from all the major central banks.
SYDNEY, Aug 16 Asian shares found some footing on Friday after a turbulent week as China hinted at more support for its economy, amid growing expectations of aggressive stimulus from all the major central banks.
SYDNEY, Aug 16 Asian shares were heading for weekly losses on Friday as conflicting messages on the Sino-U.S. trade war only added to worries for the global economy, while talk of aggressive central bank stimulus drove bond yields to fresh lows.
SYDNEY As the Sino-U.S. trade war raise fears of a global recession, businesses run the risk of being caught in a self-fulfilling vicious cycle, a top Australian central banker warned on Thursday, threatening the country's sturdy jobs market.
* 10-yr Treasury yields drop under 2-yr first time in 12 years
* 10-yr Treasury yields drop under 2-yr first time in 12 years
SYDNEY, Aug 15 Australian employment surged past expectations in July as firms kept hiring despite worries of an economic slowdown, yet the jobless rate stayed stubbornly stuck at 5.2% as more people went looking for work.
SYDNEY Australian consumer confidence rebounded from a two-year low in August as people became more upbeat on the economy and the housing market, according to one measure, offering a scrap of hope for the hard-pressed retail sector.
SYDNEY, Aug 12 The dollar remained on the defensive against the safe-haven yen on Monday as the Sino-U.S. trade dispute looked set to drag on with no settlement in sight, while holidays in Japan and Singapore made for very thin trading.
SYDNEY, Aug 12 The dollar remained on the defensive against the safe-haven yen on Monday as the Sino-U.S. trade dispute looked set to drag on with no settlement in sight, while holidays in Japan and Singapore made for very thin trading.
The European Union on Tuesday rebuffed Prime Minister Boris Johnson's demand that it reopen the Brexit divorce deal, saying Britain had failed to propose any realistic alternative to an agreed insurance policy for the Irish border.