September 2023

The four trading days last week for US markets helped explain why many investors regard September as a miserable month. It was the first trading week for markets this month (ignoring the September 1 session the previous Friday) and while by Friday’s close the S&P 500 had added 6.35 points, it still lost 1.3% for

According to the World Gold Council (WGC), China’s central bank (the People’s Bank of China) lifted increased its holdings by between 23 tonnes in July and another 29 tonnes in August. That took purchases so far this year to well over 100 tonnes – 155 tonnes the largest by any central bank and probably helped

QANTM Intellectual Property Limited (ASX:QIP) CEO and Managing Director Craig Dower discusses drivers of revenue, competitors and market share, and the company’s ambitions to expand into Asia. Abby Phillipps: We’re talking today with Craig Dower, the CEO of Quantum Intellectual Property, ASX Code QIP. The company has a market cap of around $132 million.Craig, welcome to the

There was a surprisingly big jump in retail sales of new energy vehicles (NEVS) in China in August to all time highs for a month. NEV sales jumped to a record 716,000 units in August, surpassing the 700,000-unit mark for the first time. After July’s sales figures slid from June’s record high, some commentators wondered

US and Chinese economic data will dominate the coming week, oh, and so will Apple and its new iPhone, not to mention the health of the Australian jobs market. Our August jobs data (out on Thursday) here is expected to show a 15,000 gain in employment after the 14,600 fall in July with unemployment steady

The US market closed slightly higher on Friday but overall finished the week lower as concerns resurfaced that the Federal Reserve may raise rates more than previously expected. Recent economic data, including lower-than-expected initial jobless claims, have reignited rate hike fears and concerns that the Federal Reserve may have more work ahead. The S&P 500

Apple’s much-anticipated annual launch event is just around the corner, and tech enthusiasts worldwide are on the edge of their seats. Set to take place at Apple’s headquarters in Cupertino, California, this event is considered one of the most significant in the tech industry. It’s expected to unveil a slew of new hardware, including the

The ongoing surge in petrol prices is causing significant concerns for businesses and households across Australia, with Sea Legs Brewery’s general manager, Declan Roche, highlighting the increasing costs of delivering their beer to customers in Brisbane. Over the past fortnight, petrol prices have soared to more than $2 a litre in various parts of Australia,