Graphite stocks have surged since China announced an export ban on the critical battery mineral. Over the weekend, China put in place the requirement of export permits for key graphite products to ‘protect national security’, its commerce ministry said. As a response, major Australian graphite producers like Syrah Resources [ASX:SYR] have surged, with SYR up […]
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China goes into bat in ongoing trade war
Last Wednesday, we got the first glimmer of hope for Australian wine producers. Ahead of PM Albanese’s visit to Bejing, China says it intends to take five months to review its wine tariff policy on Australian exports. This comes after nearly three years of an onerous 200% tariff on Australian wines that punished the sector […]
China goes into bat in ongoing trade war
Last Wednesday, we got the first glimmer of hope for Australian wine producers. Ahead of PM Albanese’s visit to Bejing, China says it intends to take five months to review its wine tariff policy on Australian exports. This comes after nearly three years of an onerous 200% tariff on Australian wines that punished the sector […]
ASX News LIVE | XJO continues downward streak with Wall St, China plays give and take with trade policy
ASX 200 opened to heavy losses following global markets weighed down by interest rate raises and conflict concerns. Commodity prices eased while BTC hit USD30k.
ASX News LIVE | XJO continues downward streak with Wall St, China plays give and take with trade policy
ASX 200 opened to heavy losses following global markets weighed down by interest rate raises and conflict concerns. Commodity prices eased while BTC hit USD30k.
China’s economy shows signs of life
China’s economy grew faster than expected in the third quarter, suggesting the recovery may have enough momentum to meet Beijing’s full-year growth target. Gross domestic product (GDP) grew 4.9% in July-September from a year earlier, beating analysts’ expectations of 4.4% growth and slowing from the 6.3% expansion in the second quarter. On a quarter-by-quarter basis, […]