The RBA didn't want to start cutting rates too late, governor Bullock says
The RBA was too slow to lift rates, and it didn't want to make the same mistake when cutting them, the central bank's ...
Standard Chartered’s pre-tax profits fall 30% in fourth quarter
Standard Chartered’s pre-tax profits fell 30 per cent in the final three months of last year as the era of rising interest rates came to an end. The bank reported statutory pre-tax profits of $800mn ...
‘Unfair’: What Aussies savers should do
Frustrated Aussie savers have been urged to get one up on banks who have left them in the dark by doing one thing.
BOJ ready to increase bond buying if yields jump, says governor Ueda
Bank of Japan Governor Kazuo Ueda said on Friday the central bank stands ready to increase government bond buying if long-term interest rates rise sharply. Ueda said the BOJ's basic stance was to ...
Stock market today: Asia shares trade mixed as China benchmarks surge while others slip
Asian shares were mixed Friday after a sharp slide for Walmart helped pull Wall Street off record highs. In Japan, where ...