It’s become a pattern of behaviour for the world’s richest man to use the Twitter platform to question its own value. On 24 March, he shared another poll asking if people thought the Twitter algorithm should be an open source. Recently there was a ...

Elon Musk offers to buy Twitter for $54.20/shr in cash

Since the beginning of the conflict, leaders across the globe have been highlighting that the economic impacts of the war could be catastrophic. Russia and Ukraine’s combined stance as global suppliers of critical raw materials is the prime reason ...

How the war in Ukraine hurts the U.S. economy

COVID-19 cases are on a surge once again as the virus continues to emerge in new forms due to mutations. The pandemic has already caused a devastating effect on the world demographics and now, new variants are adding to the challenges in its ...

COVID-19: Key assessment of Omicron set to be published today after first UK studies suggest...

Australian shares ended lower on Tuesday after the country’s central bank signalled that interest rate could be raised sooner than expected. In a major shift in its policy stance, the Reserve Bank has decided to discontinue one of its key stimulus ...

RBA: One source of uncertainty remains a further setback on the health front

The RBA or Reserve Bank of Australia, in its October Monetary policy meeting, reiterated its intentions of keeping the cash rate low at ten basis points till 2024. The central bank does not expect the economic conditions to become apt for an ...

Reserve Bank of Australia Annual Report 2021

Australia’s economic developments have reflected the ongoing global occurrences, from the build up of inflationary pressures, to declining employment. The ASX200 closed 0.1% lower today at 7374.9 points, dragged down by falls in large mining ...

AUD/USD forecast: bullish trend intact after hawkish RBA minutes

The Pandora Papers – pegged as the world’s largest expose of hidden wealth. Some of the files date to the 1970s. However, most of those reviewed were created between 1996 and 2020, ICIJ said. “They cover a wide range of matters: the creation of ...

Paid millions to hide trillions: Pandora Papers expose financial crime enablers, too

Recently there were many news surrounding evergrande. China Evergrande Group has decided to sell its entire stake in Shengjing Bank as it is struggling repay to its debt. Evergrande had disposed of CNY1 billion worth of shares in Shengjing Bank.Xu ...

Evergrande fails to pay $180m interest debt, ASX drops to four-month low

China is taking some big moves nowadays I guess. Recently there was a news that "PBOC Says All Crypto-Related Transactions Are Illegal". Found this piece here: url Crypto market once again dipped

China Tells Evergrande to Avoid Bond Default - Bloomberg

Australian property prices are expected to grow significantly in the next two years, with ANZ anticipating strong growth in 2021 across different regions in Australia before a relatively lower but still considerable growth in 2022. Total residential ...

House prices hit record high in August – but pace of annual growth continues to slow

According to the Australian Bureau of Statistics (ABS), in June 2021, unemployment decreased to 4.9% from 5.1% in the previous month of May. In fact, over the year to June 2021, employment increased by 6.3%.(source:kalkinemedia.com/au/) ABS stated ...

The situation on the labor market in August 2021

The labour market continues to witness significant gaps due to evolving employment landscape, industry-specific growth, and skills shortages. In the current settings, the government, business, and individuals seek specialist service providers that ...

Australia’s skills shortage is set to push wages up, as more than a quarter of businesses...