RBA Keeps Rates on Hold, Repeats Nothing Ruled In or Out

The Reserve Bank of Australia left interest rates unchanged, and stuck with the message that it isn't ruling anything out as it seeks to bring inflation under control. 


 
Glynn's Take: RBA May Eventually Be Forced to Take Stronger Stand

With the RBA's war on inflation now in its second year, a case can be made to say that the Australian central bank has been too timid in its battle against price growth. 


 
The Private-Equity Deal That Flattened a Hospital Chain and Its Landlord

Cerberus made a big profit, but Steward went bankrupt and its landlord suffered big losses. 


 
The Office-Market Meltdown Comes for Trump's Prized Wall Street Building

Donald Trump's downtown Manhattan office tower has lost tenants and has a big mortgage bill coming due next year. 


 
German Factory Orders Remain Sluggish

German manufacturing orders fell unexpectedly in March, a reflection that an industrial rebound in Europe's largest economy might have to wait. 


 
German Trade Gets Export Boost in March

Germany's trade in goods rebounded a little more than expected in March as both exports and imports increased, suggesting renewed demand both at home and abroad. 


 
Dividends Aren't Just for Slow-Growth Stocks

Apple boosted its dividend, and Meta, Alphabet, and Booking all initiated dividends this year. It's all the rage for cash-rich companies. 


 
China's Xi Shouldn't Expect an Easy Ride in Europe This Time

The Chinese leader's visit is set to test Europe's willingness to confront Beijing over its support of Russia and trade practices that have hurt European industries. 


 
Paul Weiss Scores Another Top Dealmaker in Hiring Push

Jim Langston is leaving Cleary Gottlieb Steen & Hamilton to join Paul Weiss's mergers-and-acquisitions practice. 


 
Fed Reluctance to Cut Rates Makes Easing Harder for Emerging Markets

Central banks in Brazil and Mexico that led the global fight against inflation could now be stuck with steep interest rates due, in part, to the U.S. Federal Reserve's reluctance to cut.


(END) Dow Jones Newswires

05-07-24 0715ET