Business Generic Index

Westpac: Australian dollar could reach US77¢

Jessica Sier and Mark Mulligan The Aussie dollar has been swept up in iron ore's strong rally and at these prices could fetch up to US77¢, Westpac says.

Rothschild Wealth tells clients it's time to invest abroad

Jessica Sier The wealth manager says worries about China are overblown, and is advising some of Australia's wealthiest families to diversify their investments overseas.

Property bubble fears are overblown, says CBA

Jessica Sier The high-level of urbanisation and that houses are getting bigger stoke fears of an overheated property market, CBA's Michael Blythe says.

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UBS says banks are oversold, cautious of healthcare

Jessica Sier Australian banks look oversold, and though healthcare continues to be an area of growth, be careful how much you pay for them, warns UBS.

Aussie jumps on GDP data

Jessica Sier The Aussie dollar jumped more than half a cent on better-than-expected GDP figures.

Aussie jumps on surprising economic strength

Jessica Sier The dollar leapt more than half a cent as traders reduced their bets of an RBA rate cut after surprisingly strong GDP numbers.

Why Australia is a safe choice

Jessica Sier It turns out, Australians enjoy living in the sunny, cheerful, friendly cliche. But there's one thing we value more than anything.

Five things to know from Warren Buffett's letter to investors

Jessica Sier Investing sage Warren Buffett has delivered his annual letter to Berkshire Hathaway shareholders; those fortunate holders of the $US200,000 stock.

Why are mining stocks suddenly feeling the love?

Jessica Sier Resource stocks: they're the scourge of the market, then they're the darlings. Does it mean the worst is over?

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ASX races towards 5000 in oil-fuelled rally

Jessica Sier Shares were on fire during Thursday's trade, boosted by mining and energy stocks as signs emerged of a turnaround for the resources sector.

Apple CEO Tim Cook refuses to create 'backdoor' to unlock San Bernardino shooter's iPhone

Jessica Sier A US federal magistrate has ordered Apple to develop a "backdoor" to the iPhone and help the Federal Bureau of Investigation with their investigation into the San Bernardino shootings.

Iron ore rally unlikely to last, analysts say

Jessica Sier Iron ore prices jumped to a three-month high, as Chinese steel mills restock following the Lunar New Year holidays, but analysts doubt the rally will continue.

Credit Suisse: negative rates a problem, not a solution

Jessica Sier Markets will continue to trend higher over the coming year, says Credit Suisse but rocking volatility and macro-fear is here to stay.

China a 'ticking time bomb', says Kyle Bass

Jessica Sier China’s banking system may see losses five times larger than those suffered by US banks during the GFC, as the country fast runs out of reserves, a hedge fund manager warns.

ASX to pop on Monday, but China and jobs will weigh on investors this week

Jessica Sier The Australian market is set open higher on Monday, with investors focused on jobs data, a raft of earning season results, and the resumption of Chinese trade after a week-long break.

China 'catch-up' sell-off expected after Lunar New Year holiday ends

Jessica Sier A week's break for Chinese Lunar New Year could have been a week of reprieve for financial markets, which have been speculating wildly on Chinese currency devaluation and demand. But it wasn't.

Fear pulls ASX deeper into bear market territory

Jessica Sier Shares finished another dismal week deep in the red, as worries about the health of major global banks sparked a selloff in the local big four.