... * Results and U.S. forex settlement hopes lift UBS. * Greek shares fall as debt standoff fears intensify. * Shanghai index down over 4 percent, more stimulus talk.
(Repeats to add PICTURE to slug). By Wayne Cole. SYDNEY May 5 (Reuters) - Australia's central bank cut interest rates for the second time this year on Tuesday, seeking to buttress the economy against sliding mining investment while heading off a harmful ...
Investing.com - The Reserve Bank of Australia cut its cash rate by 25 basis points to a record low 2.00% as expected on Tuesday, citing a subdued inflation outlook and eyeing a further fall in the Australian dollar.
HSBC Holdings Plc, Europe's largest bank, said first-quarter profit rose 4.4 percent, beating analysts' estimates, as revenue at its securities unit rose and bad-loan provisions dwindled.
California's massive swimming pool industry faces a dilemma as the state heads into its summer season and a fourth year of historic drought conditions.