Asian share markets rose broadly on Monday, with high-tech stocks following gains in U.S. rivals late last week, and the dollar held its ground near three-month highs against the euro and kept on a firmer footing against the yen.
The Aussie dollar bounced back from Friday's morning sell off towards 88 cents to enter offshore exchange around 0.8880 against the Greenback. Lacking direction during European trade the AUD/USD bounced between 0.8860 and 0.8910 on several occasions, surviving a brief dip to 0.8840 and opening this morning pressing against resistance at 0.8910. With persistent demand for U.S dollars over the last week expected to continue it appears attempts to regain the 90 cent handle will be relatively short ...
Asian stocks dipped on Friday as investors fretted about earnings, while the euro recovered from early losses after Pakistan dismissed rumors of a coup.
National Australia Bank made a surprise trump bid for AXA Asia Pacific Holdings' Australian and New Zealand units on Thursday, in a cash deal that would value all of the target firm at around $12 billion.
Significantly more Americans are nearsighted today than in the early 1970s, a report released today indicates.
Asia's aggressive emission targets and legislation around carbon and power use are expected to drive demand for energy efficiency products and services, creating lucrative opportunities for investors in the sector.
Coffee, tea, or decaf-no matter what your choice, drinking any of these beverages may reduce your risk of diabetes, according to a new analysis of 18 studies including hundreds of thousands of people.
The dollar steadied on Tuesday and Asian stocks wavered, despite improving appetite for riskier assets, as investors turned cautious ahead of a meeting of the U.S. Federal Reserve.
The dollar steadied on Tuesday while Asian stocks wavered as investors turned cautious ahead of a meeting of the U.S. Federal Reserve although Abu Dhabi's decision to throw a lifeline to Dubai continued to bolster risk appetite.
The Aussie dollar was unable to hold onto momentum gained by Thursday's stellar employment report peaking near 92 cents during Friday's European session.
Tiger Woods' decision to withdraw from professional golf due to a sex scandal raised questions Friday about his future as a magnet for corporate sponsors, with AT&T saying it was evaluating its ties.
A draft climate pact unveiled on Friday revived hopes that U.N. talks might be able to pin down an international deal to fight global warming, but developing nations said they needed more cash from the rich.
The tiny Pacific Island nation of Tuvalu got the world's attention this week in Copenhagen when its proposal for strong, legally binding emissions pacts for all nations held up the work of international climate talks.
A draft climate pact unveiled on Friday revived hopes that U.N. talks might be able to pin down an international deal to fight global warming, but developing nations said they needed more cash from the rich.
Shares in uranium producers offer prospects of long-term gains as China ramps up ambitious growth in its nuclear industry, but the ride may be rough due to excess near-term supplies from expanding mines and inventories.
Australia will lift a five year ban on animal-to-human transplant trials at the end of 2009, the National Health and Medical Research Council said on Thursday.
The dollar fell against the euro for the second straight day on Thursday after a narrower-than-expected U.S. trade deficit for October and some improvement in jobless claims, reducing safe-haven demand for the greenback.
Government bonds in Australia and South Korea fell on Thursday as investors pushed forward expectations for interest rate rises in 2010 because of bullish growth views, while Asian stocks slid on year-end profit taking.
The Australian dollar surged on Thursday after November jobs growth blew away expectations, while Asian stocks posted small gains ahead of a slew of Chinese economic data on Friday expected to reflect robust growth.
The Australian Dollar opens marginally higher today at 0.9060 after another bout of risk aversion saw the unit trade as low as 0.9017 during Asian trade on Wednesday.
Four nations proposed guiding principles for green funds on Wednesday, hoping to end deadlock at U.N. talks on ways to manage billions of dollars to help the poor cope with global warming.
China said on Wednesday it wanted the United States to offer sharper carbon cuts by 2020, and President Barack Obama's top aides promised robust engagement with world leaders at Copenhagen climate talks.
