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 […]
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 […]
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 […]
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. […]
Louis Vuitton went to court in China to protect one of the most recognisable symbols in global luxury. It sued bubble tea chain Molly Tea for trademark infringement and then, almost immediately, found itself facing […]
After a week in which markets repeatedly shifted between optimism and caution, the message is clear: the Asia-Pacific bull market remains intact, but the cost of money is becoming an increasingly important test of its […]
The United States has crossed a financial milestone once considered almost unimaginable, with the nation’s gross national debt surpassing US$40 trillion for the first time. Treasury Department figures showed total public debt outstanding reached approximately […]
Australia’s food delivery industry has entered a new era after the Fair Work Commission approved minimum pay and workplace protections for thousands of gig economy workers. It is a landmark ruling against multinationals who run […]
Asian and Australian financial markets ended the week with investors broadly more confident about equities, although the rally was accompanied by renewed concerns over currencies, energy prices and the outlook for monetary policy. The standout […]
Australian and Asian markets end July on volatile note as investors weigh earnings, rates and geopolitical risks. While Australia’s central bank governor warns that inflation risks will continue to weigh on interest rate policy. Financial […]
CXMT stock soars after IPO making the ten year old company the most valuable listed company in China. China’s semiconductor industry reached a major milestone this week after ChangXin Memory Technologies (CXMT), the country’s leading […]
Finance Sector Union says Bendigo Bank’s broader cost cutting programs will move its deceased estates function offshore in line with moves to offshore non-customer facing functions. The Finance Sector Union (FSU) has accused Bendigo Bank […]
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