Tag: australia

  • Fed Minutes, Bank of Korea Decision, Sri Lanka

    Bill Ackman says the Hong Kong dollar peg will break Billionaire hedge fund manager Bill Ackman Sustainability questioned Hong Kong dollarHe pegged his currency to the dollar, adding that his company Pershing Square He has a large short position on the currency. “We have a short-term hypothetical position against the HKD through ownership of put […]

  • New Zealand interest rate hikes and inflation data

    Chinese online gaming stocks rose as the crackdown on the sector appears to be easing New Zealand’s central bank hints at more increases to come Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr said the bank’s only goal is to reach the official money rate to a point where inflation can diminish. Orr’s comments […]

  • Asia Pacific markets were mixed as investors weigh the risks

    Malaysian GPS Kingmaker Party will support Perikatan Nasional, not Pakatan Harapan One of the kingmakers in the Malaysian election, Gabungan Party Sarawak, a national political coalition based in Sarawak in eastern Malaysia, said it supports the Perikatan National Coalition to form a government and will not work with Anwar Ibrahim’s Pakatan Harapan. Malaysia’s king has […]

  • Meituan, Tencent, APEC leaders meet, Japanese trade, unemployment in Australia

    NetEase backtracked after Blizzard announced it was suspending its Chinese game services Hong Kong shares listed netease decreased by 13% after Blizzard Entertainment, a subsidiary of Activision Blizzardhe said Suspension of gaming services in Chinaciting expired licensing agreements with NetEase. “We are incredibly grateful for the passion our Chinese community has shown over the nearly […]

  • Hong Kong shares gained more than 5% as Asian markets rise after US inflation report

    Earnings preview: SoftBank posts net profit after seeing previous losses SoftBank is expected to post a net profit in the next quarterly earnings. The median forecast expects the Japanese giant to report an annual net profit of 2.769 trillion yen ($19.5 billion) for the second quarter ended September 30, according to a survey by Refinitiv. […]

  • Stocks rally ahead of RBA decision; Caixin PMI less than 50

    The Reserve Bank of Australia raised interest rates by 25 basis points, as expected The Reserve Bank of Australia raised interest rates by 25 basis points to 2.85%, in line with the average expectations of analysts in a Reuters poll. This is the seventh consecutive tightening move by the Reserve Bank of Australia in an […]

  • Millennial’s beauty startup Social Bella has raised over $225 million

    When covid pandemic It was raging in 2020, most of the world was in lockdown and more turned into it Online shopping. But Crisanti Indiana has done the unexpected: It has expanded its e-commerce business — offline. Beauty and personal care E-Commerce start, socialShe had only two brick-and-mortar stores in Indonesia in 2019. By the […]

  • Spryker’s research found nearly two-thirds of Australians

    MELBOURNE, Australia, October 11, 2022 (GLOBE NEWSWIRE) – Spryker, the leading platform for enterprise markets, commerce of things, and standardized commerce, today released the 2022 Australian Online Grocery Report. Research of 2,500 Australian consumers found nearly half – 48% – of Australians buy at least some groceries online, 10% now order most or all of […]

  • Australian Cup final: Jewish organization calls for life ban if fans found to have made Nazi salute

    CNN – The New South Wales Jewish House of Representatives has called on Australian football to issue a life ban for fans who appear to display Nazi symbols and salutes during the Australian Cup final on Saturday night. On Sunday, Australian Football said it would see all the video and photos at its disposal from […]

  • Brands in Metaverse

    The lines between physical and virtual reality are set for an overhaul as the Metaverse continues its gradual entry into our daily lives. While the Metaverse is still only in its infancy, the leading developers in the space have already made it possible for users to work, learn, socialize, play and do business in this […]