Asian share markets got off to a slow start on Monday as holidays in China and Japan crimped volumes and investors awaited a raft of data this week which should show the U.S. leading a global economic recovery. Australian shares rose only marginally today, with local miners, IT and oil companies under the pressure following last week’s sectoral performance of the major US markets. The biggest news comes from the one of the Big 4 Banks, Westpac Banking Corporation hitting more than 14-month high on robust H1 earnings. Westpac has announced better than expected cash profit in the first half of 2021 due to continued economic recovery in Australia and New Zealand.
Then operator of an online platform that directly connects Asian influencers with high-quality and authentic Australian brands, Aumake Ltd announced that its Chief Financial Officer Peter Zhao has resigned to pursue a new career opportunity, effective 3 May 2021.