ANZ predicts deeper OCR cuts: A double-edged sword for NZ economyANZ economists now predict the RBNZ will cut the OCR to 2.5% due to a slower-than-expected economic recovery and global uncertainties. This...
16 Apr, 2025, 03.27 PM IST
ANZ cuts fixed home loan and term deposit rates amid economic uncertaintyANZ bank has reduced fixed home loan and term deposit rates. This decision follows Reserve Bank of New Zealand's recent Official Cash Rate ...
14 Apr, 2025, 04.49 PM IST
China unexpectedly leaves lending rates steady; markets expect cuts soonChina has kept its benchmark lending rates unchanged, surprising markets that expected a cut following the U.S. Federal Reserve's rate redu...
20 Sep, 2024, 08.40 AM IST
China to ramp up policy steps to revive economyChinese policymakers are expected to enhance measures to achieve the challenging 2024 growth target, focusing on boosting demand to counter...
19 Sep, 2024, 10.58 PM IST
China lays out 'historic' plans to prop up its realty marketInvestors hoped the measures marked the beginning of more decisive government intervention to compensate for waning demand for new and old ...
18 May, 2024, 12.49 AM IST
Oil prices hold near 3-week highs on Middle East tensions, China demandCrude markets were "marginally lower" in "quiet trading over the Presidents' Day holiday in the U.S. and as demand concerns offset ongoing ...
20 Feb, 2024, 08.00 AM IST
China cuts lending benchmarks to revive stuttering economyThe one-year loan prime rate (LPR) was lowered by 5 basis points to 3.65% at the central bank's monthly fixing, while the five-year LPR was...
23 Aug, 2022, 12.26 AM IST
Economists strike a discordant note over Australian Reserve Bank's mortgage interest rates. Read details hereAccording to data from Canstar, if the cash rate peaks at 2.6 per cent, the monthly payment on a $1 million mortgage would increase to $566...
16 Aug, 2022, 08.12 PM IST
China cuts borrowing rate more than expected to revive housing sectorfrom wiresChina, in a monthly fixing, lowered the five-year loan prime rate (LPR) by 15 basis points to 4.45%, the biggest reduction since China reva...
20 May, 2022, 03.09 PM IST
China cuts lending benchmark, market sees more easing in 2022The one-year LPR was lowered by 5 basis points to 3.80% from 3.85% previously, while the five-year LPR remained at 4.65%.
20 Dec, 2021, 11.52 AM IST
China stocks end higher as key rate cut againAt the close, the Shanghai Composite index was up 0.5% at 2,852.55.
20 Apr, 2020, 01.38 PM IST
Australian, NZ shares fall on worries US-China trade war will escalateFor the week, the index shed 2.8 per cent, its biggest weekly loss since early February.
07 Sep, 2018, 01.27 PM IST
Australian shares knocked by trade worries, financial sector woes; NZ bounceEnergy stocks were the biggest drags, after Whitehaven Coal slid 7.6 per cent, with the stock trading ex-dividend.
04 Sep, 2018, 01.05 PM IST
Australian shares unmoved as financials offset gains from TPG-Vodafone deal; NZ slipsAustralian shares ended flat on Thursday after the country's third and fourth-largest telecom operators announced a merger
30 Aug, 2018, 01.33 PM IST
HDFC in talks to raise $750 million through ECBsHFCs were earlier allowed to raise funds through foreign currency loans only for the affordable housing segment.
08 Jun, 2018, 08.25 AM IST
- Commonwealth Bank in talks to buy HBOS' Australian subsidiary
Commonwealth Bank of Australia is in talks to buy the Australian subsidiary of UK-based troubled HBOS, BankWest, for about $1.44 bn, a medi...
07 Oct, 2008, 12.40 PM IST
- Australian interest rates set to fall amid crisis: Economists
Australia'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...
05 Oct, 2008, 10.00 AM IST