Commonwealth Bank of Australia

Euro hits fresh lows, Asia shares at highs on ECB buzz

By Wayne Cole SYDNEY (Reuters) – The euro was cracking under pressure on Wednesday as feverish speculation of further policy stimulus in the euro zone drove bond yields to all-time lows and lifted Asian stocks to peaks not seen in almost seven years. The groundbreaking call by European Central Bank President Mario Draghi for more action on both the … Read more

Asian shares tumble as Obama authorises air strikes in Iraq

By Lisa Twaronite TOKYO (Reuters) – Asian shares tumbled on Friday as investors sought out safe-haven assets on growing fears that conflicts in Ukraine and the Middle East could sap global growth, extending losses after U.S. President Obama authorized air strikes in Iraq. Better-than-expected export growth from China pulled markets off their lows, but failed to offset all the gloom, which was expected … Read more

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