Search Results for: Australian dollar
Asia stocks surge, bond yields tumble on Fed caution
March 19th, 2015
Asian shares enjoyed their best session in 18 months on Thursday as investors priced in a later start and a slower pace for future U.S rate rises, slashing sovereign bond yields from Japan to Australia. The shift in rate expectations hit the ...
Investor Group to Buy GE Capital’s Australia, New Zealand Consumer-Lending Unit
March 16th, 2015
Investors include KKR, Deutsche Bank, Värde Partners, in one of biggest deals in Asia-Pacific this year In one of the biggest deals in the Asia-Pacific region so far this year,General Electric Co. agreed to sell the consumer-lending business of GE Capital ...
Asia stocks slip, euro hits 11-year low before ECB
March 5th, 2015
Asian stocks slipped on Thursday after Wall Street continued to pull back from record highs ahead of Friday’s closely-watched U.S. jobs data, while the nervous euro languished at an 11-year low prior to the European Central Bank‘s policy meeting. ...
Asian stock markets mostly down despite US closing highs
March 3rd, 2015
Stock markets in Asia were mostly down on Tuesday, despite markets in the US, where both the Dow Jones and the S&P 500 closed at all-time highs. Australia’s benchmark S&P/ASX 200 was down 0.62% at 5,922.00 points in afternoon ...
Japan’s shares at fresh 15-year high on weaker yen
February 27th, 2015
Shares on Japan’s main index were up on Friday morning due to a weaker yen against the US dollar and despite a raft of mostly disappointing economic figures. In Tokyo, the benchmark Nikkei 225 was up 0.24% in early trade at ...
Asian stocks higher on earnings, China factory
February 26th, 2015
Asian stocks were mostly higher Thursday on upbeat corporate earnings and rising Chinese factory output after the chairwoman of the U.S. Federal Reserve said it will be patient about increasing interest rates. Keeping score: Japan’s Nikkei 225 rose 0.6 ...
Asia stocks, euro fall as Greek uncertainty saps confidence
February 12th, 2015
Asian stocks and the euro fell on Thursday as markets erred on the side of caution over the ongoing Greek debt negotiations amid conflicting headlines on progress in the talks. The uncertainty is expected to be highlighted in a ...
Australia central bank acting like it ‘just woke up’
February 6th, 2015
Australia’s record low interest rates are about to head way lower, analysts tell CNBC, as the country’s central bank scrambles to play catch up in the race to the bottom for borrowing costs. “The RBA (Reserve Bank of Australia) ...
Markets advance as oil rebounds
February 3rd, 2015
US markets recorded solid gains on Monday after a choppy trading session as investor sentiment improved with rebounding oil prices. Energy sector shares led the gains. Markets discounted disappointing economic news. The ISM report showed that manufacturing activity slowed ...
Asia sags on growth worries, Aussie slides as RBA eases
February 3rd, 2015
Asian stocks sagged on Tuesday amid ongoing growth concerns, while the Australian dollar plumbed six-year lows after the Reserve Bank of Australia cut interest rates to a record low. MSCI’s broadest index of Asia-Pacific shares outside Japan dipped 0.2 percent after the latest batch ...