Bloomberg |
Australia Rate Cut Shows Europe's Steps Insufficient: Economy
BusinessWeek The ADB, the Manila-based development lender, said there are “much greater downside risks” to economies in East Asia, casting doubt over its “cautiously optimistic outlook.” The MSCI Asia Pacific Index of equities fell 1.3 percent at 1:20 pm Tokyo time … Australia Interest-Rate Cut Shows Europe's Steps Are Insufficient: Economy East Asian economies face eurozone headwinds: ADB ADB cuts China's growth forecast to 8.8 pct |