Australia's top power producer AGL Energy posted a drop in half-year profit and narrowed its earnings forecast on Wednesday as cost-of-living concerns forced it to absorb higher electricity costs ...

Bond yields in Asia climbed after Federal Reserve Chair Jerome Powell signaled patience before cutting interest rates further and as investors look ahead to the upcoming CPI data.

On the domestic front, Australia’s Q4 Consumer Price Index (CPI) showed headline inflation at 2.5% YoY, down from 2.8%, and a trimmed mean CPI at a three-year low of 3.2%.

While the Relative Strength Index (RSI) has nudged to the vicinity of 55, hinting at some bullish momentum, the Average ...