Having closed stores earlier this year, Uniqlo planning to leverage off China’s retail recovery and rising trend in domestic travel targeting new store locations Uniqlo is set to open 20 new stores in China from […]
The global digital economy will reach US$16.5 trillion and capture 17% of global GDP by 2028 The World Economic Forum forecasts that over the next decade, more than two-thirds of new value creation could be […]
Preliminary clearance rate nudges higher week-on-week The volume of auctions didn’t quite reach the 2,000 mark last week, with 1,995 homes taken under the hammer. This was the largest volume of auctions held in a […]
A mix of more good news than bad on the macroeconomic front eases downward pressure on global markets Share markets continued their recovery over the last week helped along by expectations that “Goldilocks” conditions will […]
The peak body for Australian universities cautions against lawmakers rushing into new laws to will risk the nation’s A$48 billion education sector exports In his opening remarks to the Senate Inquiry Education Services for Overseas […]
AMP Capital Chief Economist, Shane Oliver outlines the case that the RBA will ease monetary policy (AMP Capital) Given the Reserve Bank of Australia’s hawkish tilt another rate hike still can’t be ruled out but […]
Global equity markets went on a rollercoaster ride last week suggesting there was overselling but still concerns on the macro-economic front remain (AMP Capital) Following a bad start to last week on worries about a […]
Are China’s luxury boutique hotels about to go global? (Jing Daily) With domestic tourism booming in China over the past five years amid the Covid-19 pandemic, a growing number of enterprising independent hoteliers are using design and […]
Residential property investors face the dual problem of higher mortgage rates and moderating income as monthly rental growth hits lowest rate in four years as capital city demand declines The Australian rental market has experienced […]
Despite hopes for a recovery, the beleaguered Swiss luxury watch industry declined further in 1H 2024, according to data from the Federation of the Swiss Watch Industry. A much-needed turnaround for the beleaguered Swiss luxury […]
Preliminary clearance rate slips below 70 percent for the first time since early June The preliminary combined capital city clearance rate, for the weekend of 3rd and 4th of August,fell below the 70% mark for […]
The prospect of the world’s largest economy falling into recession has sent shivers through investors in Asian markets Japan’s Nikkei 225 has fallen 12.4 percent, the index drop of 4,451 representing the biggest ever single […]
What to watch over the week ahead in financial markets Shane Oliver (AMP Capital) In Australia, the focus will be on the RBA (Tuesday) which is expected to leave rates on hold, repeat that it’s […]
There are winds ahead for global equity markets which have enjoyed strong growth but are now faced with weak economic data. Shane Oliver (AMP Capital) A correction is underway. Shares went sky-high into July on […]
The 0.5% gain in national average home prices pushed them further into record territory, however, the gains now look to be cooling again and they remain highly diverse. Shane Oliver (AMP Capital) CoreLogic data shows […]
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