Economy

Fed is prepared to raise rates further if needed, despite progress: Powell
August 26, 2023 12:36 AM AEST| By InvestingInvesting.com -- The Federal Reserve is prepared to continue raising interest rates until it is convinced inflation is headed toward its 2% target, according to Chair Jerome Powell, who spoke Friday m

Powell's Jackson Hole speech ahead, Affirm earnings - what's moving markets
August 25, 2023 08:16 PM AEST| By InvestingInvesting.com -- Federal Reserve Chair Jerome Powell is set to give a pivotal speech at the Jackson Hole economic symposium on Friday, as some policymakers suggest that the central bank may need to ke

Arm files for IPO, Microsoft alters Activision deal - what's moving markets
August 22, 2023 07:54 PM AEST| By InvestingInvesting.com -- Chip designer Arm announces plans for a much-anticipated initial public offering, although the Softbank-owned group stops short of specifying its valuation. Elsewhere, tech stocks rem...

Powell may lay out carpet for new era of higher rates later this week
August 22, 2023 07:42 AM AEST| By InvestingInvesting.com -- President Jerome Powell is set to potentially deliver fresh clues on monetary policy later this week, but while many aren’t expecting the Fed chief's remarks to be laced with the warn...

UK dividends to recover faster than expected, says Computershare Dividend Monitor
July 28, 2023 05:52 PM AEST| By Sonal GoyalUK dividends to recover faster than expected, says Computershare Dividend Monitor

Why should Australian entrepreneurs go public?
January 16, 2023 04:25 PM AEDT| By ManishaTimes of turmoil bring apt conditions for entrepreneurs to emerge as strong players. To achieve bigger business goals, entrepreneurs can attempt to go public and mark success.

Meet the youngest billionaires of Australia
January 13, 2023 08:13 PM AEDT| By Khushboo JoshiAustralia has emerging successful entrepreneurs in almost every field. Melanie Perkins and husband Cliff Obrecht, founders of Canva, are the richest youngsters in Australia.

What India-Australia ECTA means for Kalkine Group
January 09, 2023 09:03 PM AEDT| By Ankit SethiAccording to India’s Ministry of Commerce, the two countries are already engaged in billions of dollars of bilateral trade on an annual basis.
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ACCC gives thumbs up to proposed acquisition of iSelect (ASX:ISU) by IHA
December 03, 2022 09:00 AM AEDT| By Sonal GoyalACCC said it would not oppose the proposed acquisition of iSelect by IHA's Compare the Market

Australia’s retail trade falls for the first time in 2022: ABS
December 03, 2022 07:00 AM AEDT| By TamnnaAs per the ABS report, Australia’s seasonally adjusted retail turnover dropped by 0.2% during October 2022, totalling AU$35,017.9 million.

Neoen inks agreement with ElectraNet for Goyder South project
November 27, 2022 08:30 AM AEDT| By Sonal GoyalNeoen enters into a 30-year agreement with ElectraNet for the first half of Stage 1 of th Goyder South project, which ia wind farm project located in South Australia.

Tesla recalls its vehicles in Australia for third time in month
November 27, 2022 07:00 AM AEDT| By Sonal GoyalTesla recalls its vehicles in Australia over the issue of tail lights which can cause serious injury or accident.

ASIC imposes stop orders on two Perpetual (ASX:PPT) Funds
November 26, 2022 08:30 AM AEDT| By Khushboo JoshiTwo of Perpetual Limited’s funds have been given a stop order by the ASIC.

GFG’s InfraBuild to acquire three US steel assets
November 20, 2022 09:00 AM AEDT| By RitwikaGFG’s InfraBuild to acquire three US steel assets

Unemployment rate in Australia decreases by 3.4% in October: ABS
November 19, 2022 07:00 AM AEDT| By TamnnaA media release by the ABS highlighted a 3.4% fall in Australia’s unemployment rate in October 2022. Australia’s employment rate, in seasonally adjusted terms, grew by 0.2% in the same month.

Eviation wins order from NTAS for 20 all-electric Alice aircraft
November 13, 2022 08:00 AM AEDT| By RitwikaEviation wins order from NTAS for 20 all-electric Alice aircraft

ACCC recommends new measures for digital platforms
November 13, 2022 07:31 AM AEDT| By Sonal GoyalACCC recommends new measures for digital platforms
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Emerge (ASX:EM1) to expand into new locations with VAS business’ acquisition
November 13, 2022 07:00 AM AEDT| By Sonal GoyalEmerge to expand into new locations by acquiring VAS business for AU$650,000.

Australians will live longer as life expectancy improves: ABS
November 12, 2022 08:00 AM AEDT| By TamnnaA recent media release by the Australian Bureau of Statistics (ABS) states that life expectancy in Australia has increased in the 2019-2021 period.

Payroll job graph in Australia stays relatively flat in October: ABS
November 12, 2022 07:30 AM AEDT| By TamnnaThe number of payroll jobs in Australia between the weeks ending 1 and 15 October 2022 saw a mere increase of 0.4%, while the total wages paid plunged by 2.5%.

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