Covid-19 fears remain in driving seat for markets

Covid-19 fears remain in driving seat for markets
Rebecca Howard
Fear will continue to drive markets as the number of covid-19 cases continue to rise across the world. Global covid-19 cases surpassed 360,000 and the coronavirus "pandemic is accelerating," World Health Organization Director-General Tedros Adhanom Ghebreyesus warned. Almost every country in the world has reported cases, he announced in a Geneva press conference. "It took 67 days from the first reported case to reach the first 100,000 cases. Eleven days for the second 100,000 and just four days for the third 100,000," he said. New Z...

More Markets

Contact expects strong FY25 as projects near completion
Markets

Contact expects strong FY25 as projects near completion

Contact Energy expects to report "materially higher" earnings for the year to June 30, 2025. The company said normalised and expected earnings before interest, tax, depreciation, amortisation and fair value adjustments (ebitdaf) for FY2025 were expected to be $770 million, well a...

Aus: Tax cuts, rates chatter to play into consumer sentiment
Markets

Aus: Tax cuts, rates chatter to play into consumer sentiment

Consumer and business confidence surveys are due out this week. 

AAP 7:00am
Medicinal cannabis law changes expected to grow industry
Primary Sector

Medicinal cannabis law changes expected to grow industry

Law changes will make it easier and cheaper for medicinal cannabis to be exported.