Edition:
India

Nikhil Subba

Australian shares mark best week in four on split U.S. Congress hopes

06 Nov 2020

Australian shares closed higher on Friday, clocking its best weekly gain in four, as investors rode on a global equities rally on hopes of a divided U.S. Congress and a reduced possibility of higher corporate taxes.

Australia shares rise on likelihood of divided U.S. Congress

05 Nov 2020

Australian shares climbed more than 1% on Thursday, with the healthcare sector leading gains, as voting in U.S. elections pointed to a divided Congress, which would make the Democratic agenda of tough financial regulations unlikely.

Australia shares rise on likelihood of divided U.S. Congress

05 Nov 2020

* Miners buck trend as iron ore prices fall (Updates to close)

Australia shares gain 2% as central bank trims rates, expands bond buying

03 Nov 2020

Australian shares on Tuesday closed 2% higher to notch their best session in nearly a month, buoyed by the central bank's decision to trim interest rates and launch quantitative easing.

Australia shares gain 2% as cenbank trims rates, expands bond buying

03 Nov 2020

* Gold stocks, bullion prices gain on U.S. election uncertainty (Updates to close)

Australia shares make cautious gains ahead of U.S. election outcome

02 Nov 2020

Australian shares closed higher on a cautious note, as traders braced for restlessness during the U.S. Presidential election week, while gold stocks led the gains as uncertainty stoked bids for the safe-haven metal on Monday.

Australia shares make cautious gains ahead of U.S. election outcome

02 Nov 2020

* Global COVID-19 cases, lockdowns continue to worry investors

Australia shares post biggest weekly drop in six months on mixed cues

30 Oct 2020

Australian shares ended lower on Friday to post their worst week since April-end, as investors refrained from placing big bets ahead of the U.S. presidential election and on concerns that fresh lockdowns would derail global economic recovery.

Australia shares post biggest weekly drop in 6 months on mixed cues

30 Oct 2020

Oct 30 Australian shares ended lower on Friday to post their worst week since April-end, as investors refrained from placing big bets ahead of the U.S. presidential election and on concerns that fresh lockdowns would derail global economic recovery.

Australian shares close lower as spiralling pandemic stokes recovery fears

29 Oct 2020

Australian shares on Thursday closed at their lowest level in more than three weeks as surging cases of COVID-19 around the world stoked fears of a difficult global economic recovery.

World News

Biden picks diverse team of top economic advisers

President-elect Joe Biden named former Federal Reserve Chair Janet Yellen as his Treasury secretary nominee on Monday, and named three women to other top economic posts, setting the stage for a more diverse White House.