Browsing Tag

Eastern Asia

Why you won’t buy wine for less than $20

Surging demand and increasing supply costs will continue to push wine prices “through the roof”, industry experts say.Wine prices could continue to climb amid strong consumer demand, soaring grape costs and issues with supply, industry…

Tech wrecks ASX two-day winning streak

The tech sector dragged the ASX lower after Facebook’s owner delivered a disappointing result after Wall Street closed, but Nufarm was a stellar performer locally.The Australian sharemarket slid lower after the tech sector was hammered by…

ASX rallies after technical correction

The ASX jumped sharply after plunging to a 10-month low in the prior session, the first day in the green all week.Volatility continued to reign on the Australian sharemarket, which jumped sharply after plunging to a 10-month low in the…

Gold dazzles as ASX inches higher

The ASX crept into the green as energy producers Woodside and Santos booked record numbers, while gold miners shone brightly.The Australian sharemarket inched higher despite a negative US lead, with gold miners the star performers, while…

Jobs with more chance of a pay rise

Wages are expected to finally grow faster than prices next year. Here’s a list of the jobs that will see the biggest increase.Wages are finally expected to grow faster than prices next year but there are som industries that will benefit…

Strong resources sector propels ASX

Ongoing strength in commodity prices amid tight supply and sustained demand boosted resources stocks, propelling the ASX higher.The Australian sharemarket was in the green for the second straight day after a positive lead from Wall Street…

Top picks for shares this year revealed

The top shares to get rich quick in 2022 have been revealed - and it’s great news for Aussies.A rebirthed and well-known toy store chain, a plus-sized women’s clothing group and a gold explorer are among this year’s top stock buying tips.…

Energy stocks help trim ASX losses

A potential Russian invasion of Ukraine will likely propel the energy sector even higher, experts say, as it helps the ASX limit losses.The Australian sharemarket closed slightly lower after a weak lead from Wall Street, with most sectors…

‘Extraordinary’ growth dwarfs ASX gains

Australia’s benchmark stock market index is up about 10.5 per cent for the calendar year to date. So how does it stack up against Wall Street?The Australian stock market has proven to be not just resilient during the pandemic, but…