News

In review: Lessons from COVID-19

Among the many messages is the notable one that competence matters during emergencies but is hard to achieve. Severe acute respiratory syndrome, or SARS, hit Taiwan hard in 2003. The virus tore through several hospitals and Heping hospital in Taipei was hastily closed, imprisoning staff and patients, after the head nurse became one of the…

Branson flies to edge of space and back

LONDON, RAW – Sir Richard Branson hailed the “experience of a lifetime” after flying to the edge of space and back aboard Virgin Galactic’s first fully crewed flight. The billionaire businessman smiled as he headed back to the planet surface after feeling the thrill of weightlessness for several minutes on Sunday afternoon. The launch was…

Investor Signposts: Week Beginning 12 July, 2021

Australia: Jobs data is the highlight The highlight in the coming week is the June jobs data. But both consumer and producer sentiment gauges vie for attention. The week kicks-off on Monday when the Australian Institute of Petroleum (AIP) issues the weekly data on petrol prices. And Datium Insights issues the weekly update on used…

Property purchases start for SA motorway

ADELAIDE, AAP – Almost 400 properties will be acquired for the completion of South Australia’s largest infrastructure project with work on the final tunnels for the South Road corridor to begin in 2023. The final stretch of motorway from Darlington to Anzac Highway will cost about $10 billion and create an estimated 4500 jobs with…

How to Choose the Right Trading Platform in Volatile Conditions

Being a cryptocurrency trader, you are well aware that cryptocurrency markets have become increasingly volatile of late. Therefore, staying ahead in cryptocurrency trading can be challenging and risky, considering the leading cryptocurrencies fluctuating values. For instance, Bitcoin can trade at a whopping US$45,000 in the morning, and then a single event relating to business, markets,…

The Weighing Machine

Advocates of the “Buy and Hold” school of investing have long clung to the reported quotation from Benjamin Graham, the acknowledged rather of value investing: “In the short run, the market is a voting machine but in the long run, it is a weighing machine.” Taken as written, the quote seems to imply a dichotomy…

J&J says shot is strong against Delta

WASHINGTON, D. C., RAW – Johnson & Johnson says its single-shot COVID-19 vaccine generates strong, persistent activity against the Delta and other highly prevalent variants. Data showed the durability of the immune response lasted through at least eight months, the US-based healthcare company said on Thursday, adding its vaccine was 85 per cent effective and…

Trade surplus close to record in May

CANBERRA, AAP – Australia’s trade surplus grew to $9.68 billion in May, a shade smaller than the record $9.75 billion set in March 2020. Australian Bureau of Statistics figures show the May result compares with a goods and services trade surplus of $8.15 billion in April. Exports grew by three per cent in the months,…

Flight Centre shares for workers who stay

SYDNEY, AAP – Flight Centre is trying to retain staff amid the pandemic by offering shares if workers stay until the end of next year. The global travel agency said a worker will receive the right to 250 shares if they remain to December 31, 2022. Company leaders expect about 7,500 workers will take up…

Retail trade likely to have grown in May

CANBERRA, AAP – New figures will show how retailers are faring with consumer confidence having taken a bit of a hit from the fallout of the recent 14-day lockdown in Victoria. Consumer spending is expected to be a main plank of Australia’s continued economic expansion, aided by low interest rates, the wealth effect of rising…