Where interest rates go, so do stock markets. Overnight, the US Federal Reserve indicated it was prepared to keep lifting interest rates to tame inflation but was wary of overcooking it, potentially… [+4768 chars]
More akin to sell-side analysts notes, it makes free cash flow (measured as EBITDA less capital expenditure, interest and tax) forecasts for its core longs into 2025, without going too much into port… [+1773 chars]
The official unemployment rate fell to 3.4 per cent in July from 3.5 per cent the month before. Key points: <ul><li>Unemployment falls from 3.5 per cent in June to 3.4 per cent in July</li><li>An e… [+5241 chars]
The Australian sharemarket has opened lower following a weak lead from Wall Street, with tech shares leading the early drop. The ASX200 is 0.3 per cent lower to 7105.5 in early trade. The tech secto… [+1466 chars]
China is facing its most extreme heatwave in 60 years – and the impact is set to be felt worldwide. Severe heat and drought has plagued the world’s second biggest economy for weeks on end, with temp… [+3160 chars]
