Bitcoin (BTC) offered back a large chunk of gains in the latter hours of Thursday’s trading session after coming close to breaking above $38,000. It…
Queensland coal tax increase to provide A$6.5 billion over two years; miners not impressed
Queensland’s latest coal tax increase is anticipated to boost state revenue by $6.5 billion in two years but has raised concerns within the mining sector….
Chinese business database Qichacha passes Beijing’s security test for resuming overseas operations
Chinese business database Qichacha said Friday it passed a data export security assessment that allows the company to resume overseas operations.
AI and Big Data continue to push Tech stocks higher during quarter
It’s been a difficult year for investors. Recession doomsayers abound, inflation has proven sticky in the land down under, and high interest rates have…
Startup Li Auto is beating Tesla China’s EV sales
Chinese startup Li Auto sold more cars in October than Tesla’s China business did in October, according to the China Passenger Car Association.
The morning catch up: ASX to falter in early trading, dragged down by US losses
The ASX is likely to fall in early morning trading today, with ASX futures indicating a small 5-point or 0.07% dip. The bourse closed up…
“Unreasonable” iron ore prices fall; analyst forecasts vary
After hitting six-month highs earlier this week, iron ore futures are on the way down after comments from Guo Bin, the president of the world’s top…
Watch Fed Chair Jerome Powell speak live to an IMF panel on monetary policy
The U.S. central bank leader’s remarks follow a Fed decision last week to hold benchmark policy rates at their current level.
Powell says Fed is ‘not confident’ it has done enough to bring inflation down
Powell said in remarks for an International Monetary Fund audience that more work could be ahead in the battle against high prices.
The IPO market has grown quiet again. Here’s what is behind the shift in sentiment
The weeks before Thanksgiving usually bring a spate of large IPOs eager to go public before the holiday season starts. But this year, nothing is…