Bloomberg A milestone for Australian stocks hangs in the balance as investors weigh better-than-expected corporate earnings results against a resurgence in Covid-19 concerns. Of the 78 companies that have reported full-year results this month, 65% have met or exceeded earnings estimates, according to data compiled by Bloomberg. That’s three percentage points higher than for the same period last year. The …

Bloomberg Thailand’s parliament approved the nation’s annual budget that seeks to ramp up spending on tackling the Covid-19 outbreak while slashing outlays for defense and education with the government revenue coming under pressure from a worsening growth outlook. The 3.1 trillion baht ($93 billion) spending plan for the fiscal year starting October 1 received the backing of 257 lawmakers. A …

Bloomberg It’s rare to see just about everyone on Wall Street agree on something, but that’s the case when it comes to Amazon.com. Every single analyst who rates the stock — all 55 of them — recommends clients buy it, according to Bloomberg data. Active fund managers “are even more overweight” the name now than they were a year ago, …