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Fears about Chinese developer Evergrande receded somewhat after the company’s main unit said it would make a coupon payment on its domestic bonds on time. ....
Share market research group Fat Prophets said lockdowns were in fact helping the big banks and recommended ANZ as a good buy. Covid restrictions are bizarrely helping banks. ....
BHP posts record annual iron ore production, lower output elsewhere Credit: BHP BHP Group Ltd on Tuesday reported full-year iron ore production near the top end of its forecast range, thanks to record output at two mines in Western Australia. However, the world’s largest listed miner posted a 4% decline in fourth-quarter output, compared with last year, and lower annual production across four of its six major divisions. Sign Up for the Iron Ore Digest Sign Up BHP notched record output at its Jimblebar mine and Mining Area C in the Pilbara region, as robust Chinese demand and supply issues in Brazil propelled iron ore prices. ....
Market Outlook: Fat Prophets head of research Greg Smith on the week ahead. A knockout inflation figure has all but locked in an increase in the Official Cash Rate next month, Fat Prophets head of research Greg Smith says. And that means we ....
Decade-high inflation puts to rest any doubts on rate increases nbr.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbr.co.nz Daily Mail and Mail on Sunday newspapers.