Sydney / AFP Australia’s central bank held interest rates at a record low of 1.50 percent on Tuesday despite a recent run of soft economic data but weak inflation figures kept the door open for future cuts. The Reserve Bank of Australia has cut rates by 300 basis points since November 2011 to support growth in non-resources industries as ...

  Bloomberg Banca Monte dei Paschi di Siena SpA shares seesawed on Monday after Prime Minister Matteo Renzi’s decision to resign added to uncertainty about the bank’s plans to raise as much as 5 billion euros ($5.3 billion) in capital by the end of the year. The struggling lender was down 0.8 percent at 11:12 a.m in Milan as investors ...

  Manchar Lake / AFP For generations the Mohanna tribe have lived, loved, worked, and played on Pakistan’s Manchar Lake; their floating settlement serving their needs from birth to death. But an unrelenting flow of toxic wastewater is pouring into the lake — a byproduct of industrialisation and aggressive agricultural practices upstream — and has slowly rendered it inhospitable, poisoning ...