Australasia

Singapore's GEAR fails to win bid for Stanmore Coal

05h22 Singapore's Golden Investments said on Wednesday that it will seek a board position at Australia's Stanmore Coal Ltd as its biggest shareholder, despite the failure of a A$240 million ($171 million) takeover bid.. . .  Full story

Australian fund manager Challenger issues profit warning, shares tumble

04h22 Australian fund manager Challenger Ltd warned on Wednesday that global stock market volatility had helped wipe out most of its half-year profit and slashed its guidance for the full year, sending its shares down the. . .  Full story

Australian shares edge lower on global growth concerns; NZ also down

03h15 Australian shares edged lower on Wednesday following a slump on Wall Street, with commodity and energy stocks leading losses as concerns over slowing global growth, trade tensions and disappointing corporate forecasts weighed on risk appetite.. . .  Full story

Australian shares set to drop on global growth worries; NZ down

22/01 Australian shares are set to open lower on Wednesday, tracking a slump on Wall Street, as concerns of an economic slowdown resurfaced after the International Monetary Fund downgraded its global growth outlook.. . .  Full story

Singapore telco M1's bidders say no plan to raise offer price

22/01 Singapore conglomerate Keppel Corp and Singapore Press Holdings (SPH) said on Tuesday they will not raise their offer price to gain majority control of mobile operator M1 Ltd, a move that could put pressure on. . .  Full story

Australia shares end 5-day rally on weak miners and financials; NZ falls

22/01 Australian shares snapped a five-day winning streak on Tuesday, when the market was led down by financial stocks and BHP's drop in quarterly iron ore production.. . .  Full story

Australian shares fall, dragged down by BHP; NZ slips too

22/01 Australian shares ticked down in thin trade on Tuesday, dragged by the world's biggest miner BHP Group, which fell after reporting a drop in quarterly iron ore production.. . .  Full story

Sparkling Australian wine exports lose their fizz as Chinese economy slows

22/01 Australian wine shipments to China grew at their slowest pace in four years in 2018, industry data showed on Tuesday, in another indication that Sino-U.S. trade tensions were dragging on consumer spending in the. . .  Full story

Australian shares set to open flat; NZ little changed

21/01 Australian shares are expected to open little changed on Tuesday, after the International Monetary Fund trimmed its world economic growth forecasts for 2019 and 2020, citing weakness in Europe and the unresolved U.S.-China trade war.. . .  Full story

Australia shares end higher despite China jitters; NZ up

21/01 Australian shares gained for a fifth consecutive session on Monday, led by banks and energy firms, despite wariness that a slowdown in China's economy could hurt the country's fortunes.. . .  Full story

Australian economy to be slowed, not sunk, by headwinds

21/01 Analysts have trimmed forecasts for Australian economic growth following some disappointing numbers last year, but still tip solid outcomes ahead even in the face of falling house prices and a slowdown in China.. . .  Full story

Australian shares poised to start the week higher; NZ flat

20/01 Australian shares were expected to start the week higher on Monday, on hopes that an end to the damaging U.S.-China trade war is near, while mining and energy stocks were likely to underpin gains,. . .  Full story

Australia shares rise for 4th straight day, led by resources, financials

18/01 Australian shares rose for a fourth consecutive day on Friday, scaling fresh two-month peaks as renewed hopes for progress in resolving the U.S.-China trade war boosted risk appetites.. . .  Full story

Australian shares touch highest point since mid-November; NZ gains too

18/01 Australian shares climbed to a more than two-month high early on Friday, with banks and material stocks leading gains as renewed hopes for a thaw in the U.S.-China trade war boosted risk appetites.. . .  Full story

South Africa's Woolworths hit by sluggish sales, earnings warning

17/01 Shares in Woolworths fell more than 8 percent on Thursday after the South African department store operator posted slower half-year sales growth and said it expected its headline earnings to drop. . .  Full story

Australia shares gain for third session; metal firms shine

17/01 Australia's share index closed at its highest in more than two months on Thursday, helped by stronger materials and energy stocks, though investors held off on making big bets ahead of a slew of. . .  Full story

Australia’s Whitehaven Coal 2nd-qtr production up 11 pct -statement

17/01 Australia's largest independent coal producer Whitehaven Coal said on Thursday its second quarter saleable coal production rose 11 percent as a timely pickup in production from its Narrabri mine bolstered output.. . .  Full story

Australian shares to edge up; NZ trades sideways

16/01 Australian shares are likely to inch higher on Thursday from a two-month peak in the previous session, although political turmoil over the Brexit decision is expected to deter large moves.. . .  Full story

Australia shares end at 2-month high, but Brexit worry caps gains

16/01 Australian shares gained for a second consecutive session on Wednesday, building on the previous day's rally driven by hopes of more stimulus measures from its biggest trading partner China.. . .  Full story

Australian shares edge higher on banks; NZ gains

16/01 Australian shares edged up on Wednesday, building on the previous session's rally driven by hopes of more stimulus measures from its biggest trading partner China.. . .  Full story

Australian consumer confidence slides in Jan-survey

16/01 A measure of Australian consumer confidence took a spill in January as respondents turned gloomy on the economy and their own finances at the start of the new year.. . .  Full story

Australia shares set to edge higher on China stimulus hopes; NZ flat

15/01 Australian shares are likely to edge higher on Wednesday, following a firmer finish on Wall Street as China hinted at further stimulative measures to revitalise its slowing economy. The news came. . .  Full story

Singapore's Alliance Minerals reframes lithium supply deal, seeks new customers

15/01 Lithium miner Alliance Mineral Assets said on Tuesday it expected to choose final customers for half of its lithium supply in the next few weeks, after restructuring its existing agreements.. . .  Full story

Australia shares produce solid gain, aided by China's pro-growth talk

15/01 Australian shares ended firmly higher on Tuesday, tracking Asian peers, as the country's biggest trade partner China signalled more stimulative measures to tackle domestic growth worries.. . .  Full story

Australian wealth manager IOOF delays ANZ pension buyout after inquiry

15/01 Australian wealth manager IOOF Holdings Ltd said its buyout of pension assets from Australia and New Zealand Banking Group Ltd has been delayed by at least three months, as fallout from a damaging finance sector. . .  Full story

Australian shares rise on banks, Navitas soars; NZ flat

15/01 Australian shares edged higher on Tuesday, boosted by banks which tracked gains in their U.S. peers, though concerns about a slowdown in China's economy restrained overall sentiment.. . .  Full story

Australia shares end lower, miners sag on China trade slump

14/01 Australian shares ended slightly lower on Monday, as mining and energy stocks declined after the country's top trading partner China reported a shock contraction in imports and exports.. . .  Full story

Australia Wesfarmers' department store sales sag, shares drop

14/01 Australian retail conglomerate Wesfarmers Ltd warned on Monday that its discount department stores made slower-than-expected sales over Christmas, sending its shares sliding to a one-month low and auguring badly for rival retailers.. . .  Full story

Aussie shares rise on financials, telecom stocks; NZ flat

14/01 Australian shares rose modestly on Monday, with financials leading gains, but a slump in retail giant Wesfarmers kept the benchmark in check.. . .  Full story

Australia's Westpac says banks may face problems hitting new capital targets

14/01 Australia's big banks may struggle to raise the amount of extra capital they require under new rules proposed by the country's banking regulator, a senior executive at Westpac Banking Corporation said in an interview published. . .  Full story

Australian shares set to open higher; NZ flat

13/01 Australian shares are poised to start the week firmer on Monday, with mining stocks expected to gain on the back of robust commodity prices. The share price index futures. . .  Full story

Australia shares snap 4 days of gains dragged by miners; NZ rises

11/01 Australian shares ended lower on Friday, snapping four days of gains after briefly popping above key resistance, as mining stocks were hit by softer base metal prices.. . .  Full story

Australia's Nov retail sales bounce a boon for Q4 GDP

11/01 Australian retail sales jumped to the highest in five months in November bolstered by pre-Christmas shopping, an indication private consumption boosted economic growth in the final quarter of 2018.. . .  Full story

Aussie shares flat as investors eye Sino-U.S. trade deal, NZ up

11/01 Australian shares made a tepid start on Friday as investors took a wait-and-see approach on the outcome of U.S.-China trade talks given a lack of detail, with materials stocks posting losses on lower commodities. . .  Full story

Australia shares set to edge higher on Fed chair remarks; NZ flat

10/01 Australian shares were set to edge higher on Friday, as assurances from U.S. Federal Reserve Chairman Jerome Powell offset concerns over lack of concrete details in the latest round of U.S.-China trade talks.. . .  Full story

Australia shares end higher on last minute buying; NZ down

10/01 Australian shares ended higher on Thursday after trading in a tight range for most of the session, as a burst of late buying after the bell propped up large cap stocks, boosting the index.. . .  Full story

Australian shares edge lower as BHP drags; NZ down

10/01 Australian shares edged lower on Thursday, as investors awaited further details on U.S.-China trade talks, while a slump in the world's biggest miner BHP's shares kept the benchmark in check.. . .  Full story

Australian shares set to edge higher on Sino-U.S. trade deal hopes; NZ flat

09/01 Australian shares are likely to edge higher on Thursday, as signs of progress in the U.S.-China trade talks boosted hopes that the world's two biggest economies could resolve a months-long damaging trade spat that. . .  Full story

Australia, NZ shares hit 8-week high on optimism over Sino-U.S. trade talks

09/01 Australian shares ended at an 8-week high on Wednesday as global markets rallied on renewed optimism that the United States and China are inching toward a deal to end their bruising trade war.. . .  Full story

Australia job vacancies rise to fresh record in Nov qtr

09/01 Job vacancies in Australia rose to a fresh all-time peak in the three months ended November in a promising sign that demand for labour would remain healthy for some time yet.. . .  Full story

Australia shares hit 5-wk high on U.S.-China trade talks, NZ jumps

09/01 Australian shares climbed to a five-week high on Wednesday, following sharp gains on Wall Street, buoyed by optimism that China and the United States will sign a deal to end a months-long trade war. . .  Full story

Australian Sept housing data withdrawn

09/01 Two alerts issued at 0020 GMT on Australia's September building approvals and private sector housing approvals are wrong and have been withdrawn. They were issued in error owing to an automation problem.. . .  Full story

Prominent Australian investment fund comes unstuck on big China bet

09/01 Listed Australian fund manager Platinum Asset Management said its portfolio would post a paper loss in the first half as the U.S-China trade war unraveled big bets on Chinese and Asian growth, sending its shares. . .  Full story

Australia shares to open higher on China-U.S. trade talks, NZ rises

08/01 Australian shares are expected to extend gains on Wednesday, boosted by optimism that China and the United States will sign an agreement to end a months-long trade war that has roiled markets around the. . .  Full story

Australia shares end higher on Sino-U.S. trade talks; NZ edges up

08/01 Australian shares ended higher on Tuesday, tracking an extended rally on Wall Street that was fuelled by hopes that Sino-U.S. trade talks in Beijing will succeed in ending a damaging trade war.. . .  Full story

Perth Mint's Dec gold sales slump 55 pct m/m, silver sales drop

08/01 The Perth Mint's December sales of gold products dived nearly 55 percent, their lowest since June 2018, from the previous month, while silver sales also dropped, the mint said on Tuesday.. . .  Full story

Australia shares rise on Sino-U.S. trade talk hopes; NZ tepid

08/01 Australian shares firmed on Tuesday following an extended Wall Street rally and underpinned by optimism that Beijing and Washington may be inching closer to an agreement to end their bruising trade war.. . .  Full story

Australian Dec job ads unchanged, annual growth strong - ANZ

08/01 Australian job advertisements in newspapers and on the internet were unchanged in December although annual growth was still strong, a survey showed on Tuesday.. . .  Full story

Australia shares poised to open higher; NZ flat

07/01 Australian shares are set to tick up on Tuesday, tracking an extended Wall Street rally, underpinned by optimism about trade talks between Beijing and Washington. Officials from the two countries. . .  Full story

Australia shares end higher amid global relief rally; NZ up

07/01 Australian shares climbed to a one-month high on Monday, tracking a global relief rally buoyed by strong U.S. jobs data and soothing comments from the U.S. central bank chief, while mining and energy stocks. . .  Full story

Australia's Healius snubs $1.21 bln bid from China's Jangho, says bid undervalues

07/01 Australian medical centre operator Healius Ltd on Monday rejected a A$1.7 billion ($1.21 billion) buyout approach from China's Jangho Group Co Ltd , denting its shares but leaving investors hoping for a higher offer.. . .  Full story

Australian shares hit near five-week high, NZ firmer

07/01 Australian shares rose sharply on Monday, tracking a broader global rally after strong U.S. jobs data and dovish remarks from the Federal Reserve, while miners and energy stocks led gains on higher oil and. . .  Full story

Australia shares set to open higher on Wall Street's lead, but NZ tepid

06/01 Australian shares are expected to start the week firmer on Monday, following a strong lead from Wall Street as investors took heart from strong U.S. jobs data and dovish remarks from Federal Reserve Chairman. . .  Full story

Aussie shares close weaker as global growth concerns weigh, NZ up

04/01 Australian shares weakened on Friday, to end the first week of new year lower as Apple's surprise revenue warning and dismal U.S. factory data fanned worries over the global economy.. . .  Full story

Australian, NZ shares in the red as growth fears rattle global markets

04/01 Australian shares slid on Friday, tracking moves on Wall Street, which fell sharply after weak U.S. data and Apple's revenue warning stoked fears about the outlook for the global economy.. . .  Full story

Australian shares set to drop as Wall Street slides on growth fears; NZ down

03/01 Australian shares are set to open lower on Friday after Apple's revenue warning rocked Wall Street and added to fears of a global economic slowdown. Apple's holiday quarter revenue shortfall. . .  Full story

Australian shares end higher as weak dollar boosts export stocks

03/01 Australian shares closed more than 1 percent higher on Thursday as a 'flash crash' in the local currency bolstered the appeal of export-oriented stocks, with gold stocks topping the gains.. . .  Full story

China's Jangho makes $1.2 bln bid for Australian medical centre owner Healius

03/01 Chinese construction company Jangho Group Co Ltd has proposed to acquire medical centre operator Healius Ltd for A$1.7 billion ($1.2 billion), marking what would be one of the mainland's biggest healthcare plays in Australia.. . .  Full story

Australian export stocks jump as currency skids; NZ dips

03/01 Australian shares jumped the most in a week on Thursday as a sharp drop in the local dollar spurred buying of export-oriented stocks, especially resource firms.. . .  Full story

Australian shares poised to open sharply higher; NZ edges lower

02/01 Australian shares are expected to jump on Thursday as investors take advantage of attractive prices following a weak showing in equities, while the currency came under pressure from increasing signs of weakness in China's economy.. . .  Full story

Australian shares kick off 2019 in the red on weak China factory survey

02/01 Australian shares ended lower on Wednesday on the first trading day of the year as a disappointing Chinese manufacturing survey raised concerns about the health of the world's second largest economy and Australia's largest. . .  Full story

Australian shares start year in wary mood, miners lend support

02/01 Australian shares were little changed in 2019's first trading session on Wednesday, with gains in mining stocks balancing out losses among financials.. . .  Full story

Australian home prices mark worst year since 2008

02/01 Australian home prices skidded nearly 5 percent in 2018, marking their worst year since 2008, led by tighter credit conditions and waning investor interest, and analysts expect the weakness to persist this year.. . .  Full story

Australian shares likely to edge up in first 2019 session; NZ closed

01/01 Australian shares are likely to open slightly higher on Wednesday, as the index looks to make up for the losses suffered in 2018, its worst year since 2011, with trade expected to be light. . .  Full story

Australia, NZ stock markets closed on Jan. 1

31/12 There will be no Australia and New Zealand stock market reports on Tuesday, Jan. 1, as financial markets in both countries will be closed for the New Year holiday. Markets will reopen on Wednesday,. . .  Full story

Asian shares post sharpest losses in 7 years in 2018

31/12 Asian stock markets ended 2018 with negative returns in dollar terms, weighed down by trade tensions and slowing profit growth.. . .  Full story

Australia shares end flat in worst year since 2011; NZ rises

31/12 Australian shares finished flat on Monday, capping their worst year since 2011, as gains in miners on higher commodities prices were offset by losses in industrials and consumer stocks.. . .  Full story

Australian, NZ shares get boost from U.S.-China trade talks

31/12 Australian shares opened higher on Monday in a shortened last trading session of the year, helped by signs of progress in trade talks between the United States and China.. . .  Full story

Australian shares clock weekly gains as Wall Street extends rally; NZ up

28/12 Australian shares ended the day and the week in positive territory on Friday, buoyed by an extended comeback rally on Wall Street, which supported sentiment across Asia Pacific markets.. . .  Full story

Australia swelters through heatwave as records tumble

28/12 Australia looks set to sweat through one of its hottest Decembers ever, the national weather bureau said on Friday, prompting fire bans, health warnings and big crowds trying to cool off at beaches.. . .  Full story

Australia shares set to open flat; NZ edges lower

27/12 Australian shares are set to be little changed at the open on Friday, as Wall Street ended positive after suffering steep losses earlier in the session. All three of the. . .  Full story

Australia, NZ shares enjoy gains after Wall Street's surge

27/12 Australian shares rose sharply on Thursday, led by resource- based stocks, following an overnight surge in U.S. equities that provided some post-Christmas cheer for investors.. . .  Full story

Australian, NZ shares jump on Wall Street surge, oil gains

27/12 Australian shares rose sharply in light end-of-year trade on Thursday, following a strong Wall Street rebound and as a surge in oil prices pushed energy stocks higher.. . .  Full story

Australian shares set to open higher on Wall Street's lead; NZ up

26/12 Australian shares are expected to open higher on Thursday on the back of a sharp rebound on Wall Street, while energy stocks are also set to gain as oil prices surge.. . .  Full story

No Australia, NZ stock market report on Dec. 25, 26

24/12 There will be no Australia and New Zealand stock market reports on Tuesday and Wednesday, Dec. 25 and 26, as financial markets in both the countries will be closed for Christmas and Boxing day.. . .  Full story

Australia's MYOB recommends KKR's marked-down $1 bln buyout offer, shares rise

24/12 Australian accounting software maker MYOB Group Ltd said it would back a marked-down A$1.6 billion ($1 billion) buyout offer from private-equity giant KKR & Co in a bid to navigate a broader market turmoil, sending. . .  Full story

Australian shares ease in thin pre-Christmas trade; NZ up

24/12 Australian stocks eased on Monday as financials were weighed by insurers, while shares of MYOB surged after recommending a takeover offer from a U.S. private equity firm.. . .  Full story

Australia shares post biggest weekly loss in over a month, NZ down

21/12 Australian shares suffered their biggest weekly loss in over a month on Friday, as investors stampeded out of riskier asset markets on heightened anxiety over faltering global growth prospects.. . .  Full story

China begins anti-subsidy probe on Australian barley

21/12 China's commerce ministry on Friday launched an anti-subsidy probe into Australian barley imports, ramping up pressure on suppliers and increasing uncertainty in the market after an anti-dumping probe announced last month.. . .  Full story

NZ economists, markets differ on next central bank rate move

21/12 New Zealand's central bank will keep interest rates unchanged at least until the third quarter of 2019, a snap Reuters poll showed on Friday, contrary to market pricing suggesting the next move could be. . .  Full story

Australian shares set to open flat; NZ down

20/12 Australian shares are likely to open little changed on Friday as world equity markets continued a week-long slide. The local share price index futures. . .  Full story

Australia shares hit 2-yr lows on Fed pressure; NZ turns up

20/12 Australian shares slipped to over two-year lows on Thursday as the Federal Reserve's decision to keep raising U.S. borrowing costs at a time of slowing global growth rattled investors.. . .  Full story

Australian jobs surpass forecasts in Nov, unemployment ticks up

20/12 Australian employment was surprisingly robust in November, while the jobless rate ticked higher as more people went looking for work in a generally upbeat report showing the labour market remained one of the strongest parts. . .  Full story

Australian shares slip to 2-year low on Fed decision; NZ down

20/12 Australian shares fell to their lowest level in two years on Thursday, tracking the decline in global stocks after the U.S. Federal Reserve raised rates and noted the need for further hikes year, defying. . .  Full story

Australia corporate regulator to seek harsher penalties for errant stockbrokers

20/12 The Australian corporate regulator said on Thursday that it will seek harsher punishment, including possible criminal sanctions, for stockbroking houses that benefit unlawfully from IPOs or other capital raisings.. . .  Full story

Australian shares set to fall on U.S. Fed decision; NZ down

19/12 Australian shares are set to open slightly lower on Thursday after the U.S. Federal Reserve raised interest rates and noted the need for "some" further gradual rate hikes next year. The. . .  Full story

Australia's GrainCorp says needs more information on $1.8 bln takeover proposal

19/12 Australia's GrainCorp Ltd still does not have enough information about a A$2.38-billion ($1.76-billion) takeover offer from a little-known asset manager to recommend the deal to shareholders, the nation's largest listed bulk grains handler said.. . .  Full story

Australian shares fall as energy stocks slide, major banks cap losses; NZ up

19/12 Australian shares edged lower on Wednesday as energy stocks dived on a decline in crude oil prices, however, wider losses were limited by gains among the country's "Big Four" banks.. . .  Full story

Australian shares set to open flat; NZ up

18/12 Australian shares are expected to open little changed on Wednesday as Wall Street closed flat in a choppy session ahead of the U.S. Federal Reserve policy decision. The possibility of a. . .  Full story

Australia, NZ shares skid on growth woes as Fed awaited

18/12 Australian shares closed lower on Tuesday as concerns over global growth sent investors rushing out of riskier assets, with markets on tenterhooks before a highly anticipated U.S. Federal Reserve meeting this week.. . .  Full story

Australian banks lobby regulator on big subordinated debt order

18/12 An Australian regulatory push to boost banks' capital buffers, which is expected to unleash about A$83 billion ($60 billion) of new junior debt to market, risks causing a spike in borrowing costs and has prompted. . .  Full story

Australian, NZ shares track Wall Street losses on growth concerns

18/12 Australian shares posted their biggest intra-day percentage decline in a week on Tuesday, tracking Wall Street losses on concerns about slowing global economic growth and investor caution ahead of the U.S. Federal Reserve meeting.. . .  Full story

RBNZ chief economist John McDermott to leave central bank at end-Feb

18/12 Reserve Bank of New Zealand (RBNZ) chief economist John McDermott, will leave the central bank at the end of February to take up a position at an economic think tank, the RBNZ said on. . .  Full story

Australian shares set to plunge on Wall Street's slump; NZ down

17/12 Australian shares are set for a sharp fall on Tuesday, as Wall Street tumbled on concerns of slowing global growth ahead of the U.S. Federal Reserve's highly anticipated rate decision.. . .  Full story

National Australia Bank flags $2.7-3.4 bln capital increase at NZ unit

17/12 National Australia Bank Ltd (NAB) on Monday flagged a potential Tier 1 capital increase of about NZ$4 billion to NZ$5 billion ($2.7-$3.4 billion) for subsidiary Bank of New Zealand, after New Zealand's central bank proposed. . .  Full story

Australia bank NAB's CEO to take long holiday around inquiry report release

17/12 National Australia Bank Ltd said on Monday its CEO will take about two months leave around the scheduled release of a major report into the country's finance sector, prompting a rebuke from a shareholder group.. . .  Full story

Embattled Australian govt forecasts budget "war chest" ahead of tough 2019 election

17/12 Australia's government on Monday forecast the strongest budget outlook in 10 years, arming embattled Prime Minister Scott Morrison with a war chest which could fund possible tax cuts ahead of an early 2019 election which. . .  Full story

Australian shares edge lower as financials drag; NZ down

17/12 Australian shares fell on Monday as losses in financials outweighed gains in material stocks, as the market looks ahead to an important week of data.. . .  Full story

Australian shares set to open lower; NZ down

16/12 Australian shares are set to open lower on Monday, following weak Chinese economic data at the end of last week which dampened sentiment and intensified global growth worries. China's November. . .  Full story

Australia shares end week lower, hurt by weak China data; NZ down

14/12 Australian shares skidded on Friday as data in China showed the economy of the Pacific nation's biggest trading partner losing further momentum, underlining the risks to global growth from the Sino-U.S. trade dispute.. . .  Full story

NZ central bank proposes almost doubling bank capital requirements, kiwi dlr falls

14/12 The Reserve Bank of New Zealand (RBNZ) said on Friday it was considering almost doubling the required capital banks would need to hold to bolster the financial system's capacity to handle any shocks, sending. . .  Full story

Australian shares fall, set for first drop in four; NZ down too

14/12 Australian shares weakened on Friday, tracking losses in S&P 500 and Nasdaq indexes on Wall Street overnight, as cautious optimism over U.S.-China trade relations petered out.. . .  Full story

Australia shares set to open lower; NZ little changed

13/12 Australian shares are poised to open lower on Friday, tracking Wall Street overnight, with investors turning jittery as cautious optimism over U.S.-China trade relations petered out. The local share price index. . .  Full story

Australia shares eke out third session of gains; NZ up

13/12 Australian shares closed slightly higher on Thursday, bolstered by gains in miners as market sentiment improved after China took steps to ease trade tensions with the United States.. . .  Full story