Australia May Need to Cut a Little Deeper Says OECD

The Reserve Bank of Australia may need to cut its benchmark interest rate further as the local dollar’s resilience impedes economic growth, the Organization for Economic Cooperation and Development said.

Product Delay Weighs on Nintendo's Shares
14:05 - Despite a share surge, Nintendo has had to deal with setback after setback since the release of Pokemon Go. Last week, it warned the game would not bolster yearly profits, and now, it's posted a worse than expected quarterly loss and delaying the release of a key accessory for gamers. Bloomberg's Reed Stevenson reports on "Daybreak Asia." (Source: Bloomberg)
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