Reserve Bank of Australia

Asian stocks lost ground, on Friday, as investors worried about a broadening global economic slowdown. The sentiment was not helped by the absence of any positive signs for a resolution in the US-China trade row. Safe-haven government…

Australia’s central bank on Wednesday opened the door to a possible rate cut as it acknowledged growing economic risks in a remarkable shift from its long-standing tightening bias that sent the local dollar sliding. In his first public…

Asian stocks extended gains on Tuesday as overnight strength on Wall Street and the Federal Reserve’s cautious turn underpinned appetite for riskier assets, while the dollar held firm on last week’s upbeat U.S. data. MSCI’s broadest…

The dollar held on to recent gains against its major peers on Tuesday supported by a recovery in investors’ risk appetite which gave an overnight boost to U.S. yields. The Australian dollar rose, reversing earlier losses, after the…