MARKETS

australian dollar

RBA Keeps Interest Rates Unchanged At 4.35%, Rules Out Cuts In 'Near Term'

"The judgment of the board was that keeping the interest rate where it is and making sure that people understand that a rate cut is not on the agenda in the near term, given what we know that continued pressure will help to keep demand coming back into line with supply," said RBA Governor Michele Bullock said.
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US Port

Why China can't meet Trump's $200 billion trade demand

President Donald Trump has demanded China cut its trade deficit with the U.S. by US$200 billion by 2020 or face a host of punishing tariffs. After recent talks with the U.S., China agreed to reduce it but wouldn’t commit to a target.
bitcoin

What is the real value of a bitcoin?

One of the hot questions regarding the bitcoin since the first ones were created in January 2009 is its real value. According to Warren Buffett, the answer to this question would be: not much.
Donald Trump TPP

How transshipment may undercut Trump’s tariffs

President Donald Trump is vowing to crack down on deceptive transshipment. That is the practice of moving cargo from one country to another by way of a third nation to evade trade restrictions.
Spotify

Is mediatech the new fintech?

The mediatech revolution is well underway. It’s in our lounge rooms, bedrooms and on our way to and from work. We’re tuning into Spotify, playing Fortnite and watching Netflix into the wee hours like there’s no tomorrow.

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