The travel sector has come to a standstill during the COVID-19 pandemic. The Webjet Ltd [ASX:WEB] share price is no exception. After initiating a trading halt, Webjet opted for a capital raising…
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Big Four Banks’ Credit Ratings Slashed — Can You Bank on Compassion?
Adding further to the Aussie big four banks’ woes, global credit ratings agency Fitch Ratings downgraded the long-term issuer default rating of the four major banks. The ratings agency has maintained the rating outlook for the major Australian banks as negative…
COVID-19 Could End ‘Made in China’ as We Know It
There is an exodus in China. It dawned on producers that relying only on China is risky. If their supply chain is compromised — be it via a trade war or otherwise. Then the coronavirus (COVID-19) struck. An event that could be the nail in the coffin of China’s manufacturing supremacy…
Can the US Avoid a Technical Recession?
Day by day the numbers are becoming increasingly grim.
Right now the US is coming to grips with the pandemic. Although you wouldn’t know that by looking at the major indices.
Why Resolute Mining’s Share Price Hasn’t Moved up with Gold (ASX:RSG)
For many gold miners listed on the ASX, the global market panic induced by the coronavirus pandemic has ignited demand for their shares. Although the gold price has been volatile (and has been sparring with the USD for haven status), there is no doubt it is still marching upwards. In the last three months gold […]
Flight Centre Shares Come out of Trading Halt (ASX:FLT)
we covered the fall of Flight Centre Travel Group Ltd [ASX:FLT] amid the COVID-19 outbreak, culminating in a trading halt for the company, with the FLT share price closing at $9.65 at the time…