Economy
Inflationary pressures ease
Economists say the next move by Australia’s Reserve Bank should be to cut the cash rate At the very least, the decision to hold interest rates at 4.35% should provide a further boost to household […]
Automotive
Top five Chinese automaker goes it alone in Australian market
Confident there’s room for a new player in the market, China’s GAC plans to establish a local subsidiary for its 2025 entry into Australia with the, mid-sized SUV, AION V Marcus Reubenstein China’s fourth largest […]
News
France seeks resolution to brandy impasse
France’s junior trade minister in talks in Shangahi with French brandy makers hardest hit in latest round of anti-dumping measures China has urged France to persuade the European Commission to reach a solution that satisfies […]
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 […]
Asia
Alibaba-backed Qupital in new funding deal
Fintench play, Qupital strikes strategic funding deal with HK-based Lending Ark Asia Qupital, leading Asian data-driven fintech platform specializing in supply chain financing solutions for e-commerce businesses, today announced it has received a significant investment […]
Economy
China stimulus felt globally
Global share markets rose again over the last week on expectations for a continuation of a “goldilocks” macro outlook on the back of central bank rate cuts reinforced by news of aggressive Chinese policy stimulus […]
Business
China and U.S. trade balances driven by domestic forces
Worries that China’s external surpluses result from industrial policies reflect an incomplete view China’s widening trade surplus and the growing US trade deficit since the pandemic have renewed concerns about global imbalances and fueled an intense […]
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 […]
Property
Australian auction clearances soft
Australian residential auction clearance rates are down in the face of higher auction volumes There were 2,697 auctions held across Australian capitals cities last week, the highest volume of homes taken under the hammer since […]
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 […]
Culture
Philanthropist awarded for bridging cultural gap
Former Australian cultural attaché, Carrillo Gantner recognised for contribution to Australia-China relations Philanthropist, and former Victorian Senior Australian of the Year, Carrillo Gantner has been honoured for his ongoing efforts to build Australia-China relations with […]
Australia
IT Spending in Australia to Grow 8.7% in 2025
Gartner research forecasts stong growth in IT investments across all key technologies IT spending in Australia is expected to reach AU$147 billion in 2025, an increase of 8.7% from 2024, according to the latest forecast […]