Finance News

From the monthly archives: August 2015

We are pleased to present below all posts archived in 'August 2015'. If you still can't find what you are looking for, try using the search box.

China Is Not Going Broke! It Is Slowing Down 9 Years Without A Rate Rise

Posted on Monday, August 31, 2015
The world is worried about China, but not for the right reasons. Global financial markets were roiled after the world’s second largest economy is not growing at the rate it would like to.The reality is that China is unlikely to witness those astronomical growth rates, at least for some time. We may never see them again as we need to accept that the global economy is slowing down! Read the rest of entry »

Fears Of The Chinese Slowdown Send Global Markets South

Posted on Monday, August 24, 2015
Fears Of The Chinese Slowdown Send Global Markets South - Market volatility has been at near record levels in recent months as investors respond to the uncertainty of the Chinese economy.On top of that the globaleconomy is waiting for the potential rate rise inthe US and the Chinese Government intervention in their share market and it is nice that Greece and Europe is not in the news for now.All of these issues are macro economic issues and are not necessarily reflective of issues facing us however markets always react to uncertainty in news. Read the rest of entry »

For The Average Joe - How The CBA Made Record Profits!

Posted on Monday, August 17, 2015
For The Average Joe - How The CBA Made Record Profits!  We should be thankful in this country that we have such a robust banking system as the Commonwealth Bank last week made record profits again. But for the average Joe on the street you have to wonder how they do it and how they make such profits?
  • The prices of iron ore and coal, the commodities that have provided Australia’s main national income in the last decade or more, are plunging, on the back of which the mining centres of Western Australia and central Queensland have been hit with massive job losses and business closures.
Read the rest of entry »

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