BBCNEWS Asia Business Report June 4, 2024 23:37:00
Matters here is the impact that interest rates will ultimate we have for businesses, obviously, but for the organ sector in australia. when their rate cuts, that will take time to feed through to the real sector, but mortgage rates will tend to adjust very, very quickly. —— when there are rate hikes or rate cuts. in other news, this morning shares of tesla popped on monday, following better than expected quarterly deliveries. its stocks rose by almost 7%, lifting the ev manufacturer's market cap to almost $890 billion. tesla's price cuts helped it deliver over 466,000 cars in the last quar...