Business
Wall Street’s $US20b fire sale raises unsettling questions – Sydney Morning Herald
Friday’s extraordinary events on Wall Street say a number of interesting things, and raise a number of interesting questions, about the current state of sharemarkets….
Rising interest rates and tightening liquidity in China as the authorities try to resume a deleveraging of their economy that was paused for the pandemic; a crackdown on tech companies (most notably Jack Mas Alibaba) seen to becoming too powerful and threatening to traditional financiers and the state and the revival of a threat by US regulators to delist Chinese companies unless the US can review their audits have contributed to the falls in their share prices.
In Hong Kong, the Hang Seng technology…
-
Noosa News23 hours agoTrump’s trade war puts Australian beef centre stage in Shanghai
-
General23 hours agoCoomalie council dismissed by NT government after investigation finds ‘serious deficiencies’
-
Noosa News22 hours agoHuge suburban crowd cheers for luxury house sale at sausage sizzle auction
-
General24 hours agoGrain growers face costly nightmare of ‘clumped’ fertiliser