The dominant influence on Asia-Pacific markets was the combination of elevated government bond yields, rising oil prices and uncertainty over the direction of US monetary policy. Investors were also monitoring geopolitical tensions in the Middle […]
For much of the past two decades, China’s luxury market was built around one powerful idea: luxury meant buying new. Designer handbags, watches, jewellery and fashion were symbols of rising wealth, social status and economic […]
Is the Reserve Bank of Australia’s incompetence making the rich richer? Having built up market expectations for a rate rise, Australia’s central bank delivers. Michael Pascoe reports on why he is in the cohort of […]
The Australian government continues to wave through contracts for the big four audit firms, despite scandals and revelations that some have shared confidential client material from both private and public sector clients. The latest Big […]
The suspension of the licence of The Star Sydney Casino has been extended into 2027. A win for tighter regulation but the casino’s operators might see it as a loss with the all powerful Australian […]
Australian and Asian financial markets came under renewed pressure as rising bond yields, elevated oil prices and expectations of further monetary tightening offset optimism surrounding artificial intelligence and the latest US-China summit. The S&P/ASX 200 […]
A six-year-old Chinese girl has stunned the speedcubing world after breaking the women’s world record for solving a 3x3x3 Rubik’s Cube twice in just three days. Lian Yunzhi, from Chengdu in China’s Sichuan province, first […]
Leaked documents show to the Albanese government is prepared to backtrack on its commitment to protect Australian copyright owners from having AI models use their works. At the same time prime minister Anthony Albanese has […]
This year has seen a rising trend in bond yields with the US 30-year treasury bond yield reaching its highest in around two decades and the Australian Government’s 10-year bond yield rising to its highest […]
China’s latest box office hit, Once Upon a Time in the Middle East weaves its anti-war message through the prism of all sides in a brutal war. While its theme is ultimately the futility of […]
Asian and Australian financial markets finished the week on a mixed note as investors confronted a combination of higher global interest rates, elevated oil prices, currency volatility and renewed expectations of tighter monetary policy. The […]
Asia is home to more than half of humanity and a large share of global growth, trade, and innovation. Its diversity stretches from Pacific islands to China and India, from sophisticated financial centres to largely […]
Nike’s struggle to revive sales in China is becoming one of the biggest obstacles to the sportswear giant’s turnaround, with investors increasingly questioning whether the company can restore growth in one of its most important […]
There’s a reason why the knackerless NACC doesn’t care about grant corruption: politicians don’t want it to. Albanese also wants to export the model, Michael Pascoe writes. Michael Pascoe (MW Media) So if it’s good […]
Asian and Australian financial markets endured a volatile week as a surge in oil prices, renewed Middle East tensions and rising global bond yields forced investors to reassess the outlook for inflation and interest rates. […]
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