Finance news you need to know today
SINGAPORE is now the world’s most digitally competitive country, according to an inaugural World Digital Competitiveness ranking.
THE Australian market looks set to open lower after US and European markets closed little changed but commodity prices fell.
At 0700 AEST on Thursday, the share price futures index was down eight points, or 0.14 per cent, at 5,732.
Meanwhile, the Australian dollar is lower. The local currency was trading at 74.30 US cents at 0700 AEST on Thursday, from 74.50 on Wednesday.
ELSEWHERE:
SINGAPORE — Singapore is now the world’s most digitally competitive country, according to an inaugural World Digital Competitiveness ranking by Swiss business school IMD.
BEJING — A decade-long study has found that most smokers in China, the world’s largest consumer of tobacco, have no intention of quitting and remain unaware of the damaging health effects.
SHANGHAI — A man investigating working conditions at a Chinese company that produces Ivanka Trump-brand shoes has been arrested and two others are missing.
Bank woes drop the ASX200
Australia’s sharemarket finished in the red on Friday as consumer discretionary and financials continued to weigh on the local market.
ASX drops on NAB, MinRes earnings misses
The ASX’s weekly woes continued on Wednesday, as a big four bank and a major miner dragged the market heavily into the red.
‘Uncharted’: Gold chaos sparks wild theories
The price of gold is surging as billions of dollars worth of bars fly across the Atlantic - and this underground vault in London is at the centre of a wild conspiracy.