Banks lead ASX rally after RBA cuts rate

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Banks lead ASX rally after RBA cuts rate

Australian shares rose on Tuesday as the Reserve Bank of Australia cut the official cash rate by 25 basis points to a new record low. The S&P/ASX 200 Index rose 11.8 points, or 0.2 per cent, to 6332.4 while the broader All Ordinaries added 5.9 points, or 0.1 …
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Market Live: Nifty above 12050, Sensex trades lower; Hero Motocorp slips 3%

Rupee erases gains: The Indian rupee erased all its morning gains and trading lower by 3 paise at 69.29 per dollar versus previous close 69.26. Jun 04, 01:47 PM (IST). Adani Port approves buyback: The company board has approved the proposal for the …
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Kia Seltos is coming to India this month and here is what its name suggests

In William Shakespeare’s famous tragedy ‘Romeo and Juliet’, Juliet once asked Romeo: “What’s in a name?” Come 2019, one can argue there is a lot in it and particularly with regard to the christening of new vehicles. Kia Motors today named its upcoming …
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China's Duck Lovers Help Brazil Farmers as Virus Kills Hogs

Three large- and medium-sized feed processors told Bloomberg the industry is focusing on producing more soybean meal-based feed for fish and
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Fed's Bullard Says Rate Cut May Be Needed 'Soon'

… Friday during a Bloomberg TV interview that he was “not quite there yet” on the need for easing. Bullard said recently that a rate cut was premature.
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