Worldwide business news with international business, banking, interest rate, stock market, currencies and fund
Reserve Bank of Australia |
Bank of Australia Board decided to lower the cash rate by 25 basis points to 1.25 per cent.
Bloomberg |
On Sunday June 2, China released a government white paper of more than 5,000 words on its trade talks with the U.S. and Vice-Minister of Commerce Wang Shouwen
Bank of Canada |
Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent.
BBC News |
The big centre-right and centre-left blocs in the European Parliament have lost their combined majority amid an increase in support for liberals, Greens and nationalists.
Bloomberg |
Members observed that a patient approach to determining future adjustments to the target range for the federal funds rate would likely remain appropriate for some time
The Economist |
The unexpected result highlights profound ideological divisions
Bloomberg |
U.S. stocks and commodities tumbled after China retaliated with higher tariffs on a range of American goods. S&P 500 dropped
Reserve Bank of Australia |
Board decided to leave the cash rate unchanged at 1.50 per cent.
Bloomberg |
Trump on Sunday said he’ll raise duties on China this Friday
Committee decided to maintain the target range for the federal funds rate at 3/4 to 1 percent.