The RBA's monetary policy board decides to decrease the cash rate by 0.25 of a percentage point, to 3.85 per cent. It is the ...

Inflation has stayed within the bank's target range since August 2024, and prompted the RBA to cut rates in February. The central bank said it was "cautious" about its outlook, pointing out that ...

HSBC warned that loan demand and credit quality could suffer from the broader fallout of U.S. President Donald Trump's global trade war, signalling tougher times for trade-focused banks even as the ...

"We are creating a simple, more agile, focused bank built on our core strengths," Elhedery said in a statement. "We continue to take deliberate and decisive steps." HSBC said it would launch a ...