Bloomberg Australia’s central bank (RBA) chief Philip Lowe is leaving open the door to further interest-rate cuts in order to prevent a wave of global easing from neutralizing his back-to-back reductions and boosting the currency. The Reserve Bank is set to keep the cash rate at a record-low 1% on Tuesday, traders and economists predict, following June and July’s cuts. …

Bloomberg HSBC Holdings Plc abruptly ousted its chief executive officer after just 18 months, citing an “increasingly complex” environment, and announced a new round of job cuts. The exit of John Flint, a 51-year-old who started at HSBC as a trainee, highlights tension with Chairman Mark Tucker, known to be a hard-charging executive who was the first outsider to fill …

Bloomberg Romania prolonged more than a year of steady interest rates, looking past the European Union’s fastest inflation as the world’s major economies pivot towards looser monetary policy. Following the first cut in US borrowing costs since the financial crisis, the National Bank of Romania left its benchmark rate unchanged at 2.5% on Monday, as predicted by economists in a …