CANBERRA—The Reserve Bank of Australia (RBA) has cut its key interest rate by a quarter of a percentage point, its first reduction in the cash rate in almost seven years. The central bank lowered the cash rate to 7.0 per...
NEW laws are needed to force banks to pass on interest rate cuts, independent senator Nick Xenophon says. Regardless of what the Reserve Bank did about interest rates today, there should be a mechanism, such as unfair...
AMSTERDAM, Netherlands - Gemalto (Euronext NL0000400653 - GTO), the world leader in digital security, today confirmed that it has completed the acquisition of Keycorp’s smart card business, the leading fabless provider of...
Karen Dearne | September 02, 2008 AUSTRALIA's new e-health boss, Peter Fleming, has a solid technology background and a long-held vision for electronic reform of the health sector. Mr Fleming, appointed chief executive...
LARGE canvases hang on the walls and a giant ceramic sculpture is displayed in a sunlit corner. It could be any regional art gallery or bureau of a cultural commissar. Inside his glass and chrome office, a suited man is...
By V. Phani Kumar, MarketWatch HONG KONG (Menafn - MarketWatch) -- Asian markets dropped early Monday, with regional exporters such as Honda Motor Co. and LG Electronics taking a hit on worries about the impact on demand...
Monday September 1, 2008, 5:12 pm Australian shares have been led down by the miners on weaker commodity prices. The All Ordinaries index has lost 16 points to 5,200. The ASX 200 has dropped 17 points to 5,118. Rio Tinto...
THE share market closed marginally lower following weaker commodity prices, a weak US lead and major stocks going ex dividend. Stripping out the 46 cent dividend, the stock closed technically higher, Ms Spencer said. "A...
AUSTRALIA'S current account balance narrowed as expected in the June quarter, but economists were surprised by estimates that it will detract from second quarter economic growth. The seasonally adjusted current account...