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Australian central bank hikes interest rate to 3.85%Most economists expected the cash rate would remain steady at 3.6% at the bank's May meeting. Last week, the Australian Bureau of Statistic...- Asia shares, bonds buoyed as Fed seen dovishE-Mini futures for the S&P 500 were just a fraction lower
- Asia's economies reeling as exports evaporateAsia's major economies reported a slew of gloomy news on Thursday showing the global crisis was hitting harder, as export-dependent nations...
- Australian interest rates set to fall amid crisis: EconomistsAustralia's central bank is expected to cut interest rates by up to 50 basis points due to the global financial crisis when its board meets...
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