Page 32 - Wayne Cole News Today

Asian stocks have extended last week's rally, led by China shares, amid talk that all of Beijing's small policy steps might actually add up to real stimulus at some stage. Japanese shares have also been doing well, with the Topix marking a 33-year high in the wake of data showing recurring profits at Japanese companies hit a record in the second quarter. Companies are holding an astonishing 555 trillion yen ($3.80 trillion) of earnings in reserve, which is more than the entire 447 t...

A look at the day ahead in European and global markets from Wayne Cole Asian stocks have extended last weeks rally, led by China shares, amid talk that all of Beijings small policy steps might... -Today at 12:30 am- MarketScreener

Global shares rose on Monday, lifted by a growing expectations that the Federal Reserve will not raise interest rates any more, and by hopes that Chinas steady drip feed of policy stimulus might...

Australian business investment was surprisingly strong in the June quarter as some firms took advantage of tax breaks to buy new equipment, while plans for future spending were also upgraded. ...

Australian business investment climbed to its highest since late 2015 in the June quarter as firms took advantage of tax breaks to splurge on new equipment, while plans for future spending were... -Yesterday at 10:18 pm- MarketScreener

The Australian consumer price inflation rate slowed to a 17-month low in July, driven by falls in petrol and food, while a measure of core inflation also cooled, in a sign interest rates might not...

The Australian and New Zealand dollars took a step back on Wednesday after a surprisingly low reading on monthly inflation seemed to lessen the risk of another hike in interest rates and boosted...

The Australian and New Zealand dollars got a reprieve from selling pressure on Tuesday courtesy of a break in the recent run of bad news from China, and ahead of important inflation data due later in...

A man walks past an electric monitor showing the Nikkei stock average and the Japanese yen exchange rate outside a brokerage house on May 2, 2023 in

By Wayne Cole SYDNEY (Reuters) - Asian shares rallied on Monday as China announced new measures to support its ailing markets, though the mood was