Bloomberg Australia’s central bank chief Philip Lowe signalled his board is firmly on hold for now, saying further cuts to the nation’s already historically-low interest rate risk doing more long-term damage to the economy than the short-term benefit they would create. “While it’s plausible that we can move towards our goals, at least right at the moment the risks have …

Bloomberg Philippine central bank Governor Benjamin Diokno said he anticipates the next interest-rate cut will probably come around the middle of this year. The bank will remain “data-dependent,” but still has monetary policy space to ease after it lowered interest rates for the fourth time in a year, Diokno said in an interview with Bloomberg TV’s Haidi Lun. Bangko Sentral …

Even in its worst days, Cadillac could count on its big, swanky Escalade to deliver profits. It still does, but with Ford Motor Co’s Lincoln Navigator and a handful of European competitors taking a bite out of the large luxury SUV market, General Motors (GM) Co is making a push to turn the fifth-generation Escalade into a high-tech showcase. When …