Edward Johnson 
An Australian online clothing retailer has collapsed suddenly, becoming the latest business to fall victim to rising costs and falling consumer demand. Australian Made Clothes announced the shock closure via social media this week, confirming the e-commerce business australianmadeclothes.com.au would be shutting. “We simply can’t continue operating,” the post read. “We would like to thank … Read more
Pakistani-Hindu Dr Saveera Parkash is set to be the first woman candidate from the minority community to stand in the upcoming general elections from Buner district of Khyber Pakhtunkhwa province. Parkash submitted her nomination papers for the general seat of PK-25 on December 23, Dawn reported. She presently serves as the Pakistan People’s Party (PPP) … Read more
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A popular coffee chain, with four locations in Melbourne, has gone into administration. Puzzle Coffee went into voluntary administration on June 28, according to documents listed by the Australian Securities and Investments Commission (ASIC) The café chain, which boasts cafés at Swanston St, Melbourne Central, Southern Cross Station and Chadstone Shopping Centre, said they are … Read more
Equity indices extended gains for a second day on Friday amid a firm trend in the US markets. The 30-share BSE Sensex climbed 241 points to settle at 71,106 and the broader Nifty50 went up by 94 points to 21,349. Stocks that were in focus include names like GAIL, which rose 7%, Polycab, which fell … Read more
The Reserve Bank of Australia will get its first woman leader as the federal government chooses not to extend Philip Lowe’s tenure. Lowe will be replaced by Michele Bullock, the current deputy governor of the central bank. WATCH THE VIDEO ABOVE: Michele Bullock named new RBA leader. Treasurer Jim Chalmers has repeatedly expressed his admiration … Read more
Mumbai: Equirus Securities has initiated coverage on IndiaMART InterMESH, parent of online marketplace IndiaMart, with a ‘long’ rating and a price target of ₹3,180 by March 2025. The price target implies an upside of 17% over the stock’s Friday closing price of ₹2,710. The brokerage said IndiaMART is trading at a premium to multiples of … Read more
Been meaning to buy new specs, get a dental check up or treat yourself to a massage? Arrange it quickly — if you can. As 2023 comes to an end, Australians are being reminded there’s limited time left to claim on private health insurance extras before the extras ‘reset’ in the new year. And Aussies … Read more
After a sharp rally over the past two months, the Nifty is poised to take a pause and consolidate, maintaining a positive bias within the broader range of 21,600-20,800. Analysts suggest that any potential breakout above 21,600 could propel the index to a new all-time high within the range of 22,000-22,200. Stocks such as L&T, … Read more
A $100 million settlement has been reached on behalf of Colonial First State superannuation fund members who were allegedly charged excessive fees, with thousands eligible for reimbursements. The class action alleged the super trustee charged excessive fees as part of arrangements to pay ongoing commissions to financial advisers who did not provide continuing services to … Read more
