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Finance & Markets

Aussie economy shrugs off housing crash

No worries, says the Flash PMI. Flash Australia Composite PMI Output Index: 52.5 (Jul: Index, sa, >50 = growth m/m % qr/qr 53.2) Flash Australia Services PMI Business Activity Index: 52.9 (Jul: 53.6) Flash Australia Manufacturing PMI: 52.0 (Jul: 52.0) Flash Australia Manufacturing PMI Output Index: 49.7 (Jul: 50.3) According S&P, business activity in Australia’s The post Aussie economy shrugs off…

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US-Iran war wounds NZ consumer spending

Local consumer spending has been a clear casualty of the US-Iran war, as well as the resulting surge in fuel prices.

  • US-Iran conflict leads to 0.5% decline in New Zealand consumer spending
  • Fuel prices surge 20% for petrol, 48% for diesel, boosting spending
  • Fuel purchases drop 13%, while electronics sales rise 9%

Stocks to watch: Mapletree Industrial Trust, OUE, OUE Healthcare

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Aug 24):

  • Lily Ler steps down as Mapletree Industrial Trust CEO to become CFO of Mapletree Investments
  • OUE proposes to privatize OUE Healthcare at S$0.050 per share, 28.2% premium
  • OUE Healthcare shares drop 0.5% to S$0.98 after privatization announcement

More from Monday 24 August →