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Australian government spending rose in the March quarter to make a much needed contribution to economic growth, data showed on Tuesday, helping offset a steep drag from net exports. ... -June 03, 2024 at 09:55 pm EDT - MarketScreener
Australia's top central banker on Wednesday said economic growth in the March quarter was expected to be very weak as high interest rates work to restrain demand. Speaking before... -June 04, 2024 at 07:15 pm EDT - MarketScreener
The Australian government on Monday launched its first Green Treasury Bond through syndication, aiming for a sizable issue of around A$7 billion given indications demand should be strong. ... -June 02, 2024 at 08:45 pm EDT - MarketScreener
SYDNEY (Reuters) -Asian share markets rallied on Monday as investors looked forward to a rate cut in Europe, and quite possibly Canada, as the next step in global policy easing, though sticky inflation threatens to make the process a drawn out affair. There was also better news from China as the private Caixin survey showed a pick-up in its main factory index to a two-year top of 51.7 in May, from 51.4 in April. Japan's factory activity expanded for the first time in a year in May, while activity in South Korea grew at the fastest pace in two years.
World stocks rose on Monday despite a subdued Wall Street following unexpected weakness in U.S. manufacturing data, feeding uncertainty about the U.S. interest rate outlook as the euro zone prepared...