SYDNEY/TOKYO, March 6 The dollar nursed savage losses against the yen and euro on Friday as a plunge in U.S. yields to record lows wiped out the currency's single greatest attraction for investors - higher interest rates.
SYDNEY, March 6 The dollar nursed savage losses against the yen and euro on Friday as a plunge in U.S. yields to record lows wiped out the currency's single greatest attraction for investors - higher interest rates.
SYDNEY, March 5 Asian shares rallied for a fourth straight session on Thursday as U.S. markets swung sharply higher and another dose of central bank stimulus offered some salve for the global economic outlook.
SYDNEY, March 5 Australia recorded its second death from the coronavirus, the first from a "local transmission", and warned on Thursday the crisis will subtract at least half a percentage point from the country's economic growth in the current quarter.
SYDNEY, March 5 Asian shares were looking to rally for a fourth straight session on Thursday as U.S. markets swung sharply higher and another dose of central bank stimulus offered some salve for the global economic outlook.
SYDNEY Australia's economy expanded by more than expected last quarter, easing the risk of a recession even as raging bushfires and the coronavirus crisis wreaked havoc with tourism and travel at the start of the new year.
SYDNEY, March 2 The Australian dollar edged away from 11-year lows on Monday, as speculation mounted the world's major central banks were planning a coordinated barrage of stimulus aimed at offsetting the economic impact of the coronavirus.
SYDNEY, March 2 Australia's housing market ran red-hot last month as prices in no fewer than five cities reached record highs, a positive for consumer wealth and confidence in the face of the spreading coronavirus crisis.
SYDNEY, March 2 The Australian dollar huddled near 11-year lows on Monday after a dire reading on Chinese manufacturing and talk of rate cuts in the United States stoked speculation of an imminent policy easing at home.
* Bonds fly as investors wager on central bank, fiscal stimulus
Twenty-one people aboard a cruise ship that was barred from docking in San Francisco have tested positive for coronavirus, U.S. officials said on Friday, adding to the more than 100,000 cases of the fast-spreading illness across the world.