Economy

Mixed data ahead of RBA meeting

Retail spending per capita still going backwards, housing approvals supported by detached houses and not units (AMP Capital) The long-awaited Australia’s retail spending data today came out in line to slightly below economists’ estimates of […]

Automotive

China’s luxury car collectors

Home to the world’s largest number of billionaires, China’s luxury car collector culture is booming. Expert YouTubers dissect the industry. (Jing Daily) Luxury car culture in China is complex: Automotive imports are often subject to […]

Economy

RBA holds steady on rates

Australia’s cash interest rate remains at 4.35 percent, the central bank not having moved on rates since November 2023 The Reserve Bank of Australia (RBA) has indicated interest rate cuts are unlikely in the near […]

Culture

Pampered pet project

Luxury brands cash in with consumers splurging on their furry friends in China’s $US83 billion pet market It isn’t just your average pet food and run-of-the-mill accessories that are driving China’s pet products market. The […]

Economy

Resilient job market

Australia’s employment numbers surprise on the upside The number of people employed in Australia rose by 47,500 over August, almost double the figure predicted by economists. Says, AMP Capital economist, My Bui, “The labour market […]

News Wire

High tech zone on show

Beijing E-Town Shines at Cultural Tourism Exhibition with Cutting-Edge Technology (Media Outreach) At the recent 2024 China International Fair for Trade in Services, the “Cultural Tourism Services” exhibition booth of the Beijing Economic-Technological Development Area […]

Business

China sales rise for Tesla

August sales data puts Tesla on an upward trajectory in the world’s biggest EV market with local giant BYD posting record sales of its EV and hybrid vehicles In August, Tesla’s sales of China-produced electric […]