US dollar rises against major currencies
The US dollar increased against other major currencies as Federal Reserve Chair Janet Yellen said the central bank is close to raising interest rates recently.
Nov 18, 2016, 04:49 AM ISTAsia shares scale 7-week peak, commodities on the mend
Asian shares were bound for a third straight session of gains on Thursday as upbeat data on U.S. jobs and a rally in a range of commodities whetted risk appetites globally.
Mar 03, 2016, 08:37 AM ISTEuro, yen surge as commodity currencies sag on China jitters
Investors were anxiously awaiting the yuan fix to see if China`s central bank allowed it to fall yet further.
Jan 08, 2016, 06:47 AM ISTAustralia keeps interest rates at record low
"The board on Tuesday judged that leaving the cash rate unchanged was appropriate at this meeting," RBA governor Glenn Stevens said in a statement.
Sep 01, 2015, 12:41 PM ISTAustralia's jobless rate ticks up to 6.2% in April
The seasonally adjusted April data matched analysts` expectations, although economists had forecast 4,000 jobs to be added to the economy.
May 07, 2015, 08:33 AM ISTAsian shares falter, Aussie dollar hit on soft China PMI
The HSBC/Markit Purchasing Managers` Index (PMI) fell to 48.9 in April - the lowest level since April 2014 - from 49.6 in March, as demand faltered and deflationary pressures persisted.
May 04, 2015, 08:21 AM ISTAustralia's jobless rate falls to 6.1%
Full-time roles increased by 31,516 while part-time jobs rose 6,148. The participation rate, which measures the proportion of adults in work or looking for work, strengthened from a seasonally adjusted 64.7 percent to 64.8.
Apr 16, 2015, 08:22 AM ISTAustralia's unemployment rate eases to 6.3%
The unemployment rate fell from 6.4 percent in January, a more-than 12-year high, according to the Australian Bureau of Statistics -- in line with analysts` forecasts.
Mar 12, 2015, 09:26 AM ISTAustralia`s jobless rate jumps to 12-year-high 6.4%
The Australian Bureau of Statistics said full-time employment dropped by 28,100 in January and part-time employment was up 15,900.
Feb 12, 2015, 08:33 AM ISTChina's yuan breaks into the world's top five as payment currency: SWIFT
China`s yuan broke into the top five as a world payment currency in November, overtaking the Canadian dollar and the Australian dollar, global transaction services organisation SWIFT said on Wednesday.
Jan 28, 2015, 10:13 AM ISTAustralia's jobless rate slips but remains at decade-high 6.1%
Some 37,400 positions were added last month, with full-time jobs soaring by 41,600 as part-time roles eased by 4,100, the Australian Bureau of Statistics said.
Jan 15, 2015, 09:12 AM ISTAustralia`s central bank keeps rates at 2.5%
The Reserve Bank of Australia said it was prudent to maintain a "period of stability in interest rates" to support demand and growth in the economy as it shifts away from a dependence on mining.
Sep 02, 2014, 11:32 AM ISTAustralian inflation gives RBA room to keep rates low
The consumer price index (CPI) had lifted 0.6 percent in the previous quarter, the Australian Bureau of Statistics (ABS) said.
Jul 23, 2014, 12:19 PM IST