World markets up on Greek backdown, Europe rate cut
Stocks on Wall St and in Europe rose after an unexpected interest rate cut by the European Central Bank and the vote backdown from the Greek PM.
Stocks on Wall St and in Europe rose after an unexpected interest rate cut by the European Central Bank and the vote backdown from the Greek PM.
World sharemarkets dropped overnight after the Greek Prime Minister sought to silence critics by unexpectedly calling for a referendum.
Wage increases accelerated in the last quarter, but is still soft enough to keep the Reserve Bank from hiking interest rates anytime soon. The labour cost index rose 0.6 percent in the last...
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