Pedestrians walk past the Reserve Bank of Australia building in central Sydney, Australia. Reuters
Australia’s strong economic performance of recent decades has allowed its central bank to avoid the kinds of unorthodox policies seen in other countries, but record low rates mean less conventional measures may be needed to tackle new challenges.
Australia’s central bank on Tuesday cut interest rates for the second time in as many months as it strives to revive a sluggish economy and reduce unemployment, a tough task that may yet require even more stimulus.
Australia’s big banks — once among the most profitable in the world — are being forced to amass war chests worth billions of dollars to reimburse customers for years of dodgy fees.
Aston Martin, which has seen its share price plunge this year as sales failed to meet expectations after a stock market flotation, launched its first sport utility vehicle on Wednesday,
The Expo Centre Sharjah said that it is ready and well-prepared for hosting the 3rd International Concrete Conference & Exhibition (ICCX Middle East 2019),
Dubai Chamber of Commerce and Industry (Dubai Chamber) has announced that it has signed a memorandum of understanding (MoU) with the General Directorate of Residency and Foreigners Affairs (GDRFA)