Reserve Bank of Australia

Asian stocks: Asian stocks rise on China stimulus optimism, Fed: Markets wrap

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Asian stocks: Asian stocks rise on China stimulus optimism, Fed: Markets wrap

Asian stocks rose on optimism China was poised to announce stimulus measures after comments from Federal Reserve policymakers hinting at further easing spurred gains overnight. Equity benchmarks in Japan gained more than 1% as local markets reopened after a holiday. Shares in South Korea advanced and Hong Kong futures pointed to an increase of at … Read more

Asian stocks: Asian stocks climb on bullish Wall Street cue: Markets wrap

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Asian stocks: Asian stocks climb on bullish Wall Street cue: Markets wrap

Asian stocks rose, following a buoyant session on Wall Street amid bets the Federal Reserve will soon signal it’s ready to start cutting interest rates. Shares advanced in Japan, South Korea and Australia. The MSCI Asia-Pacific index headed for a third day of gains while Hong Kong futures also pointed to a rise. The advance … Read more