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  • A woman uses her mobile phone in front of sale signs in the window of a clothes store at a shopping mall in central Sydney June 6, 2013.   REUTERS/Daniel Munoz/File Photo

    Australian budget walks fine line between growth and austerity

    By Jane Wardell, Reuters

    CANBERRA (Reuters) - The Australian government is expected to announce a A$5 billion ($3.8 billion) fund for major public transport projects as part of its federal budget, a spending plan under more...

  • Japanese 10,000 yen notes line up in Tokyo, in this February 28, 2013 picture illustration.  REUTERS/Shohei Miyano/File Photo

    Yen flirts with 18-month high vs USD, tests Japan's patience

    By Ian Chua, Reuters

    SYDNEY (Reuters) - The yen touched a fresh 18-month high against the greenback early on Monday as its biggest weekly gain in over seven years tested the patience of Japanese officials concerned the...

  • People are reflected in a stock quotation board outside a brokerage in Tokyo, Japan, April 18, 2016.  REUTERS/Toru Hanai

    Asian shares slip, Nikkei skids on yen strength

    By Lisa Twaronite, Reuters

    TOKYO (Reuters) - Asian shares fell in early trading on Monday, with Japan's Nikkei plunging after the dollar notched a fresh 18-month low against the yen. MSCI's broadest index of Asia-Pacific...

  • A worker at an oil field owned by Bashneft, Bashkortostan, Russia, in this January 28, 2015 file photo.      REUTERS/Sergei Karpukhin

    Oil prices fall on rising OPEC crude production

    By Henning Gloystein, Reuters

    SINGAPORE (Reuters) - Oil prices dipped in early Asian trade on Monday as rising production in the Middle East outweighed falling U.S. output and the recent slide in the dollar, which has been...

  • New York Fed President William Dudley takes part in a panel convened to speak about the health of the U.S. economy in New York November 18, 2015. REUTERS/Lucas Jackson

    Fed's Dudley says more work to be done on safely winding down banks

    By Lindsay Dunsmuir, Reuters

    He said that regulators had done a good job in reducing the possibility of failure of such too-big-to-fail firms by having higher capital and liquidity stress testing but that a system still had to...

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