CORRECTED-Australian shares rise for third day as rate cut spurs banks
Australian shares rose for a third
straight day on Thursday, with banks gaining sharply on
expectations that this week’s central bank rate cut and other
easing measures could stimulate the cooling economy and boost
lending.
straight day on Thursday, with banks gaining sharply on
expectations that this week’s central bank rate cut and other
easing measures could stimulate the cooling economy and boost
lending.
Posted in: http://feeds.reuters.com/reuters/UKBankingFinancial
