As NSW plans to open up, a look at 4 entertainment stocks

New South Wales (NSW) – the most populous province in Australia – recorded 1,290 local COVID-19 cases, along with four deaths on Monday, which added to the pressure on the health infrastructure of the state. According to experts, the sp...

Asia Pacific markets close in green

Highlights Most APAC markets began the week on a positive note. Australia recorded an unprecedented surge in fresh COVID-19 cases. Investors are keeping track of Meituan results. Asia Pacific shares on Monday closed mostly in the green, w...

Ranked: 5 exciting ASX food retail stocks

From the beginning of January 2020, the world has been going through a rough patch. For Australia, even as the country has come out of the COVID-19-induced recession, the other factors have weighed heavy on the economy: the summer bush fire crisis,...

COVID-19: NSW records highest ever single-day tally

Highlights  New South Wales has reported the highest number of single day infections. Most cases in the country are locally transmitted. NSW mulls to open up pubs, cafes, and restaurants once 70% of the population is vaccinated. Aust...

Asia Pacific markets mixed; all eyes on Powell’s Jackson Hole speech

Asia-Pacific shares were trading mixed on Friday as investors remained guarded ahead of the Federal Reserve’s annual Jackson Hole symposium where Fed Chair Jerome Powell will be speaking. In Australia, the benchmark ASX200 pared early losses o...

Qantas bleeds billion as COVID-19 bites hard

Flag carrier of Australia, Qantas Airways Ltd (ASX:QAN), has reported massive losses in its earnings as the travel has reduced to the bare minimum amid the COVID-19 pandemic. The airline reported AU$1.8 billion loss in FY21, compared with AU$124-m...

Ranked: Five largest tech companies listed on ASX

The tech sector is booming globally – and that has been one silver lining amid the dark clouds of the ongoing coronavirus pandemic. From soaring share prices to reporting strong numbers, tech companies across the world are having a honeymoon pe...

APAC markets start the week on a high, major indices surge 2%

Equity markets in the Asia Pacific (APAC) region were rallying on Monday morning after the Hong Kong markets bounced back from last week’s bearish trend. By Monday afternoon, the benchmark Hang Seng Index of Hong Kong was trading 1.78% higher,...

Downbeat PMI to keep bearish pressure on Aussie Dollar

Downbeat purchase managers index (PMI) figures are likely to take a toll on the already battered Australian Dollar. The country’s manufacturing sector continued to expand in August, with a 14-month low manufacturing PMI score of 51.7, accordin...

COVID-19 situation worsens in Australia; more gloom ahead?

The COVID-19 pandemic in the country has taken an ugly turn, as the daily cases have been surging – especially in the financial hub of Sydney. The country on Wednesday reported 747 fresh cases – up from 677 cases on Tuesday. Of the 747 c...