LA Private

October 13, 2023

China contraction

China’s foreign trade contracted for yet another month in September, confirming that demand all round remains weak. The decline in exports and imports of 6.2% for the month was smaller than the month before, but nevertheless another reminder of the failure of the economy to continue its post Covid rebound. In US dollar terms, China’s […]

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Share bounce – have we seen the bottom?, US Sep inflation & Fed, Israeli war & petrol

Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses developments in investment markets over the past week, economic activity trackers, major global economic events and Australian economic events. Investment markets and key developments over the past week Global share markets rose over the last week as US Fed officials sounded less

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Stocks of the Hour: LBT Innovations, Selfwealth, Lucapa Diamond Co

LBT Innovations (ASX:LBT) announced a $4.5m partially underwritten renounceable Entitlement Offer on a 4 for 1 basis. In response, LBT Chair, Ms Rebecca Wilson said, “Pleasingly we have secured underwriting commitments, including participation from eligible Board members, that demonstrates confidence in our commercial strategy and provides comfort to shareholders about the rights issue outcome.” Shares

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