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Australia: Shares rebound 2% on RBA rate-cut hopes; New Zealand jumps
Australian shares rose 2 per cent on Tuesday after seven straight sessions of declines, as investors priced in a possible rate cut by the central bank to help cushion an economic blow from the coronavirus outbreak.
PHOTO: BLOOMBERG
[BENGALURU] Australian shares rose 2 per cent on Tuesday after seven straight sessions of declines, as investors priced in a possible rate cut by the central bank to help cushion an economic blow from the coronavirus outbreak.
The S&P/ASX 200 index was up 1.9 per cent, or 122.9 points...
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