[ad_1] CommSec’s Craig James says there is a “sea of red” across the stock markets globally on Wednesday. Mr James joined Sky News Australia to discuss the state of global…
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Microsoft briefly overtakes Apple on stock market
[ad_1] Microsoft has briefly overtaken Apple as the world’s most valuable company. It’s the first time this has happened since 2021 as COVID-19 peaked globally. The value of Microsoft’s shares…
‘Caution’ displayed on stock market ahead of US inflation data
[ad_1] CommSec’s Craig James says there is “a little bit of caution” being shown in the stock markets on Wednesday. Mr James joined Sky News Australia to discuss the financial…
Markets to experience ‘flat start’ following a ‘mixed lead-in’ overseas
[ad_1] CommSec’s Craig James says Australia is going to experience a “flat start” following a “mixed lead-in” from overseas markets. Mr James joined Sky News Australia to give the latest…
Hong Kong restaurants dealt double blow on New Year’s Eve by tourist trends
[ad_1] Hong Kong restaurants have been dealt a double blow by a weak tourist influx and growing trend of residents spending across the border, with an industry leader saying business…
South Australian winemakers struggling with three years worth of oversupply
[ad_1] Winemakers in South Australia are struggling under three years’ worth of oversupply after a trade dispute with China. Industry leaders warn the lifting of tariffs will not solve the…
US markets indicate ‘two-in-three chance’ of rate cuts
[ad_1] CommSec’s Tom Piotrowski says there is currently a “two in three chance” the US Federal Reserve will cut interest rates from the markets’ perspective. “That’s interesting because on Friday…
‘Shift of thinking’ sees US markets pricing in rate cuts for 2024
[ad_1] The US is seeing a “shift of thinking” on interest rates with markets starting to price in several rate cuts for 2024, according to CommSec’s Tom Piotrowski. “We have…
‘Disappointing’: ASX set to open down despite US markets ‘reasonable improvements’
[ad_1] CommSec’s Tom Piotrowski says the market is set to open with a loss on Friday despite “reasonable improvements” in the US market. “It’s a little bit disappointing we’ve got…
Red tape removed to allow banks, insurers and superfunds to provide personal financial advice
[ad_1] Council of Australian Life Insurers Chief Executive Christine Cupitt says the announcement to remove extensive red tape to allow banks, insurers and superfunds to provide customers with personal financial…