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ASX to extend rally on upbeat German data

LiveUpdated May 26, 2020 – 8.30am, first published at 7.53amKey PointsThe Australian sharemarket is poised to open higher this morning.US and UK markets were closed overnight for public holidays.5 mins ago – 8.30amAir NZ expects underlying loss in FY20; $NZ694m of chargesRobert GuyAir New Zealand has warned of a full year underlying loss and a…


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China’s big chill sets in as ‘fear and greed return’

PolicyForeign AffairsChina relationsThe demise of the China-Australia relationship, framed by fights this week over beef, barley and steel, may appear rapid, but there were plenty of signposts along the way.Scott Morrison and Marise Payne are navigating troubled waters in the Australia-China relationship. Illustration: David RoweMay 16, 2020 – 12.00amThe bar at the Boao Forum Hotel was…


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China’s big chill sets in as ‘fear and greed return’

PolicyForeign AffairsChina relationsThe demise of the China-Australia relationship, framed by fights this week over beef, barley and steel, may appear rapid, but there were plenty of signposts along the way.Scott Morrison and Marise Payne are navigating troubled waters in the Australia-China relationship. Illustration: David RoweMay 16, 2020 – 12.00amThe bar at the Boao Forum Hotel was…



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Stock Markets in Asia Rise as Investors Eye Reopenings: Live Business Updates – The New York Times

Right NowFutures markets predicted a strong opening on Wall Street.ImageCommuters in Tokyo on Monday.Credit…Eugene Hoshiko/Associated PressGlobal markets rise on renewed confidence of an economic recovery.Global markets rose on Monday as governments around the world discussed when and how to reopen businesses and get their economies back on track.European stocks opened about 2 percent higher after…


Via https://newsapi.org  online business  online marketing  online business opportunities Facebook invests $5.7B in Indian mobile carrier Reliance Jio to bring small businesses online

Via https://newsapi.org online business online marketing online business opportunities Facebook invests $5.7B in Indian mobile carrier Reliance Jio to bring small businesses online

Facebook today announced that it’s investing ₹43,574 crores ($5.67 billion) into India’s biggest carrier, Reliance Jio, to pick up a 9.99% stake in the company. It’s the social network’s biggest investment in the country to date. Last month, Financial Times reported that the social networking giant was in talks with Jio to make an investment. However,…


Government rules out new taxes on road to recovery

Government rules out new taxes on road to recovery

On tax, Morrison, Treasurer Josh Frydenberg and Finance Minister Mathias Cormann say there will be no increase to the tax burden and possibly no tax increases at all.The government has ruled out raising the rate or broadening the base of the GST, or introducing any coronavirus levy.They have ruled out raising the rate or broadening…


ASX to fall; Trump pushing to reopen economy

ASX to fall; Trump pushing to reopen economy

Apr 17, 2020 – 4.18amAustralian shares are set to open slightly higher as Wall Street closed in the green despite fresh record unemployment in the US, as President Donald Trump pushed to reopen the economy early.US stock indexes ended a wobbly day with modest gains Thursday, while the biggest increases went to Amazon, Netflix and…


Boris says for 48 hours ‘things could have gone either way’ for him

Boris says for 48 hours ‘things could have gone either way’ for him

Estelle Shirbon and Kate HoltonApr 13, 2020 – 6.59amLondon | British Prime Minister Boris Johnson left hospital on Sunday and thanked staff for saving his life from COVID-19, but his government was forced to defend its response to the coronavirus outbreak as the national death toll passed 10,000.The sombre milestone came after Britain reported two…