Having pared interest rates deep
into sub-zero territory and pumped in 2.6 trillion euros worth
of stimulus via asset purchases, the ECB may not have much left
to give investors baying for more policy support.
Australian Associated Press
(AAP) will close its news production and sub-editing businesses
from June after losing its battle to compete with free online
publishers, the 85-year old wire-service said on Tuesday.
Australian shares ended a seven-day
losing streak to close higher on Tuesday, but gains were capped
as the country's top four lenders slipped following a rate cut
by the central bank to cushion the economic impact of the