Edition:
India

Swati Pandey

Caution grips Asian shares as Fed events loom large

11:30am IST

SYDNEY Asian shares flatlined on Wednesday as worries about global recession and endless trade wars wrestled with hopes for more monetary and fiscal stimulus to keep growth going.

GLOBAL MARKETS-Caution grips Asian shares before Fed minutes, seminar

8:42am IST

SYDNEY, Aug 21 Asian shares flatlined on Wednesday as worries about global recession and endless trade wars vied with hopes for a lot more monetary and fiscal stimulus to keep growth going.

GLOBAL MARKETS-Asian shares fall on recession fears; eyes on Fed minutes

6:20am IST

SYDNEY, Aug 21 Asian shares fell on Wednesday as fresh worries about a global recession led investors to dump risky assets, with U.S. President Donald Trump showing no signs of backing down in his trade war with China.

More major banks bet on steeper Australian rate cuts as trade risks rise

15 Aug 2019

SYDNEY Commonwealth Bank, HSBC and Citi are betting that Australia's central bank will cut interest rates more steeply than previously thought as global trade tensions ratchet up and domestic hiring intentions slow.

Australian jobs boon at risk as RBA warns businesses against turning glum

15 Aug 2019

SYDNEY As the Sino-U.S. trade war raise fears of a global recession, businesses run the risk of being caught in a self-fulfilling vicious cycle, a top Australian central banker warned on Thursday, threatening the country's sturdy jobs market.

Australia's CBA predicts two more c.bank rate cuts by February

15 Aug 2019

SYDNEY, Aug 15 Commonwealth Bank of Australia said on Thursday it expects two more rate cuts from the country's central bank by February, as indicators on hiring intentions point to weakness ahead and global trade tensions ratchet up.

Australia wage growth stays tepid, bolster low for longer rate view

14 Aug 2019

SYDNEY Australian wages growth stayed stubbornly weak last quarter in a disappointing outcome for household consumption and provided further evidence of ample spare capacity in the country's labor market despite a strong run of jobs lately.

Unconventional monetary policy possible but unlikely in Australia: RBA's Kent

13 Aug 2019

SYDNEY Australia won't rule out unconventional monetary policy to revive its economy, but a senior central banker said on Tuesday that such a prospect was unlikely as the recent rate cuts are expected to support growth.

FOREX-Yen buoyed by China jitters; sterling under water

12 Aug 2019

SYDNEY, Aug 12 The dollar remained on the defensive against the safe-haven yen on Monday as the Sino-U.S. trade dispute looked set to drag on with no settlement in sight, while holidays in Japan and Singapore made for very thin trading.

Currency whirlpool sucks in Australia, New Zealand as global trade war rages

09 Aug 2019

SYDNEY Central banks in Asia, Australia and New Zealand have joined a brewing global currency war by slashing interest rates and pledging to keep them down, worrying markets over the risk of a chase to the bottom.

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