Asian shares edged up on Thursday as investors continued to favor riskier assets on further signs that the global economy is picking up, while a weak dollar sent gold to another record high.
Asia-Pacific governments were expected on Thursday to stick with economic stimulus plans and make a joint call for market-oriented exchange rates to ensure the fragile recovery under way can be sustained.
Costco Wholesale Corp is hoping that consumers are becoming more comfortable making purchases as the No. 1 U.S. warehouse club operator heads into the year-end holiday shopping season.
Morgan Stanley's Australian real estate unit, Investa Property Group, has abandoned a plan to float some office assets as the offer price did not meet investors' expectations, it said on Wednesday.
Private equity firm TPG could partner with American Airlines on a minority investment in Japan Airlines to prevent its defection to a rival airline group, the chief financial officer of American parent AMR Corp said.
At first glance, Giuseppe Oglio's farm near Milan looks like it's suffering from neglect. Weeds run rampant amid the rice fields and clover grows unchecked around his millet crop.
Rio Tinto Ltd/Plc, the world's second-largest iron ore miner, is still keen to work with China's state-owned Chinalco and both companies have held talks recently, Rio CEO Tom Albanese said on Tuesday.
McDonald's Corp said sales at established U.S. restaurants fell 0.1 percent in October, as expected, but its stock ticked up 1.5 percent after sales from the rest of the world buoyed overall results.
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Britney Spears has done it again, hitting the headlines during her first Australian tour over a row about lip-synching and a lacklustre performance that her tour promoter said had left her extremely upset.
Targets and trust. These are at the heart of a tougher new global climate pact possibly just weeks away.
Oil rose more than $1 to above $78 a barrel on Monday, recouping some of the previous session's near 3 percent loss, on fears a powerful hurricane would cut U.S. oil and gas supplies and also lifted by the falling dollar.
Authorities in Britain and Australia have requested information from UBS after the Swiss bank agreed in August to disclose some 4,450 client names to settle a U.S. tax case, the bank confirmed on Sunday.
A U.N. climate deal due to be agreed in Copenhagen at talks from December 7-18 may fall short of a legally binding treaty, according to the United Nations.
An ache has hit the belly of investors who feasted on initial public offerings in Asia, in a sign the primary equity window that saw a big revival two quarters ago is beginning to quickly shut.
Americans are more likely than people in 10 other countries to have trouble getting medical treatment because of insurance restrictions or cost, an international survey of primary care doctors released on Wednesday found.
Central banks with trillions of dollars in reserves that are already stepping up euro and yen purchases will likely continue doing so in coming years, driven by worries over the stability of the greenback.
Asian shares dipped on Thursday, and the dollar fell after the Federal Reserve vowed to keep rates near zero for an extended period and said the recovery of the world's biggest economy would be sluggish.
The United States ranks 30th in terms of infant mortality, an important measure of the quality of healthcare, according to a report released on Tuesday.
The dollar steadied below a one-month high against a basket of currencies on Wednesday, while Asian stocks edged higher in muted trade ahead of a policy announcement from the Federal Reserve that kept investors wary.
The dollar lost ground on Wednesday after hitting a one-month high against a basket of currencies, while Asian stocks edged higher in muted trade ahead of central bank meetings that kept investors wary.
The Australian Dollar opens at US90 cents this morning after another volatile 24 hours. The Aussie hit an intraday high yesterday of 0.9090 on the back stronger gold and commodity prices before a rapid half-cent decline moments before the RBA's 2:30pm cash rate announcement. As expected, the central bank hiked rates by 25 basis points with governor Mr Glenn Stevens saying economic conditions in Australia have been stronger than expected and measures of confidence have recovered.
