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While you were sleeping: Gradual rate hikes ahead
By Margreet Dietz June 7 (BusinessDesk) - Wall Street moved higher, while US Treasuries fell as Federal Reserve Chair Janet Yellen called for gradual interest rate increases but stopped short of offering a timeframe. Wall Street advanced. In 2.38 pm New York trading, the Do...
World Week Ahead: Eyes squarely on Yellen
By Pattrick Smellie June 6 (BusinessDesk) - By Margreet Dietz June 6 (BusinessDesk) - Investors will scrutinise comments from US Federal Reserve Chair Janet Yellen after poor jobs data raised questions about the economy and practically ended bets on an interest rate hike at...
ProTen, developer of world's largest chicken meat farm, may beat forecast earnings
By Tina Morrison June 3 (BusinessDesk) - ProTen, Australia’s largest independent contract grower of broiler chickens for meat, expects to meet or exceed its forecast earnings this financial year as it develops the world's largest chicken farm. The Sydney-based company, whi...
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