Trump has begun another trade war. Here's a timeline of how we got here
Canada's leader laments lost friendship with US in town that sheltered stranded Americans after 9/11
Chinese EV giant BYD's fourth-quarter profit leaps 73%
You're an American in another land? Prepare to talk about the why and how of Trump 2.0
Chalk talk: Star power, top teams and No. 5 seeds headline the women's March Madness Sweet 16
Purdue returns to Sweet 16 with 76-62 win over McNeese in March Madness
SYDNEY (Reuters) - Australia's central bank on Wednesday said it would increase the rate at which it lends to financial institutions in regular money market operations, a technical change that had no implications for monetary policy.
In a speech at a debt conference, Reserve Bank of Australia Assistant Governor Christopher Kent said it will increase the price of all new open market repurchase agreements by 5 basis points to 10 basis points over the cash rate target.
It would also introduce a seven-day term, in addition to the existing 28-day term, at each weekly operation, he added. The changes will take affect from April 9.
(Reporting by Wayne Cole; Editing by Himani Sarkar)
