The term “buy the dip” has become commonplace in financial markets in the post-GFC era. Bad news is really good for asset prices, increasing the odds of further stimulus measures being rolled out by policymakers. Monetary policy has been the dominant...
There’s perhaps nobody in Sydney who has been affected by the city’s lockout laws as much as nightclub owner and self-styled “King of the Cross” John Ibrahim. When the NSW Government introduced the severe crackdown on the city’s night-life in...
A blundering waiter accidentally gave lucky diners a $AU8350 bottle of wine. The unnamed server was told to keep their “chin up” after managers at swanky Hawksmoor steakhouse in Manchester, northwest England, noticed it was down one bottle of 2001...
Good morning and welcome to Markets Live for Friday. Your editor today is William McInnes. The market is within touching distance of a fresh 11-year high and interest rate futures have continued to fall overnight. This blog is not intended as investment...
Early investors tend to buy stocks that are less than $10, SoFi CEO Anthony Noto said Thursday. They're buying up recognizable names such as Ford Motor and General Electric, two centenarian corporations that are trading on the market for just...
The Australian dollar continues to slide, closing at fresh three-year lows against the greenback. A surprise lift in Australia’s unemployment rate in April has seen expectations for a RBA rate cut next month increase substantially. US data was also stronger-than-expected...
Customers shop at a Walmart store in Secaucus, New Jersey, on Wednesday, May 16, 2018. Timothy Fadek | Bloomberg | Getty Images Walmart is set to report first-quarter earnings before the market opens Thursday. Here's what analysts are expecting, based on...
Justice Beach said he would have found in favour of the ACCC if not for undertakings Pacific National gave the court to guarantee fair access to the terminal by new competitors. Loading The ACCC argued against the effectiveness of these undertakings, saying...
HSBC, renowned as being one of the most hawkish interest rate forecasters in Australia, is now predicting that the RBA will cut rates. It sees the RBA delivering a 25 basis point cut in June, and another in August. There...
Hollywood actor Hugh Jackman stands to earn a hefty payout if the iconic bootmaker RM Williams follows through with its plan to sell the business for $500 million. Investment bank Goldman Sachs was brought in by the company’s owner, Singapore-based...
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