11/09/2020

Jack Ma's terrible week

Some analysts saw the move as an attempt by Beijing to humble a company that had become too powerful and a leader who had become too outspoken.

11/06/2020

Work ahead for big four banks in 2021

While the major banks had been resilient and avoided a worst-case scenario through strong balance sheets that acted as shock absorbers during the economic downturn, they still have “a big job” ahead of them, KPMG believes.

11/05/2020

IOOF unfazed by poor MLC result

NAB as a whole was also impacted heavily by the operating environment, market volatility and interest rate cuts by the Reserve Bank.

10/28/2020

Earnings data exceed pessimistic scenarios

Economic and earnings data have begun to exceed pessimistic projections and the earnings guidance is expected to pick up, however consumers remain more willing to spend on goods than services, according to State Street Global Markets (SSGM).