Australian shares surge to highest since Nov 2007; NZ at another peak
Australian shares surged to their highest
in more than 11-1/2 years on Thursday as further signs of
weakness in the U.S. economy raised expectations the Federal
Reserve will start cutting interest rates.
in more than 11-1/2 years on Thursday as further signs of
weakness in the U.S. economy raised expectations the Federal
Reserve will start cutting interest rates.
Posted by Reuters
