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KAREN JORRITSMA
Asian shares mostly weaker as markets mull Fed rate riseThe yield on benchmark 10-year Treasury notes rose to 3.8924%, compared with its U.S. close of 3.912% on Tuesday. The two-year yield, which...
ECB watchdog sees no Europe contagion after US, Swiss bank rescuesEuro zone banks are still sitting on some 4 trillion euros ($4.25 trillion) worth of excess liquidity, which they are even keen to hand bac...
Bank lifelines ease global financial crisis fearsLarge U.S. banks injected $30 billion in deposits into First Republic Bank on Thursday, swooping in to rescue the lender caught up in a wid...
Asian markets opens higher, but China tech worries weigh on Hong KongMSCI's broadest index of Asia-Pacific shares outside Japan was up 0.05%. In Hong Kong, the Hang Seng Index was down 0.7% while China's CSI3...
Australia shares end lower with energy stocks battered by plunging crude futuresThe S&P/ASX 200 index fell 2.5% or 134.50 points to 5,353.00 at the close of trade.
Australia shares end lower as recession fears deepen, energy stocks dragThe S&P/ASX 200 index ended 0.4 per cent lower at 5,466.70, after starting the session in positive territory.