The Australian share market soared on Friday as strong leads from Wall St and Europe, alongside better-than-expected data from China, pushed traders’ confidence about the global economic outlook higher. The S & P/ASX 200 climbed 92.5 points, or 1.3 per cent, to close at 7,279 points, while the broader AllContinue Reading
Despite remaining largely flat over the course of trading, the Australian share market edged into the green for the fourth day in a row on Thursday. The S&P/ASX200 closed 7.6 point higher, up 0.1 per cent, to 7305.3 points at the closing bell. The All Ordinaries had a stronger performance,Continue Reading
China’s population is set to dramatically plunge with a looming demographic crisis of an ageing population – experts are saying it could impact the wider global economy with Australian industry in the firing line. Official data released on Tuesday from Beijing’s National Bureau of Statistics (NBS) revealed that world’s mostContinue Reading
Former prime minister Kevin Rudd has suggested Beijing may have exaggerated China’s economic growth figures for 2022. Mr Rudd has questioned the accuracy of the economic figures released this week by Beijing’s National Bureau of Statistics. China reported that its annual gross domestic product growth fell from 8 per centContinue Reading
BEIJING: China’s population fell last year for the first time since 1961, a historic turn that is expected to mark the start of a long period of decline in its citizen numbers and see India become the world’s most populous nation in 2023.The country had 1.41175 billion people at atContinue Reading