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Myer Profit Up, Confidence Down

A thumbs down from the market for Myer Holdings' first interim profit as a listed company for near 25 years. But Myer maintained its earnings forecast for the full year. Perhaps it was the 38% rise in underlying profit, or the 11.9% rise in Earnings Before Interest and Tax

China"s inflation jump may spur stimulus end

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The pace of credit growth halved in February, as expected, but some economists said the central bank would probably not wait long before increasing banks' required reserves for a third time this year and perhaps even raising borrowing costs. "We believe more decisive policy tightening measures
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China"s inflation jump fans rate rise talk

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Chinese consumer inflation spurted to a 16-month high in February and a raft of economic data displayed broad-based strength, providing fresh arguments for policy tightening sooner rather than later. The pace of credit growth halved in February, as expected, but some economists said
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China"s inflation jump may spur stimulus end

Article image
The pace of credit growth halved in February, as expected, but some economists said the central bank would probably not wait long before increasing banks' required reserves for a third time this year and perhaps even raising borrowing costs. "We believe more decisive policy tightening measures
Article image