Daily FNArena News

Following the correction, CBA says the Australian market is now fairly valued, forecasting the ASX200 to rise to 5,350 by year end.

Chinese steel manufacturers haven’t given up their opposition to the proposed 19% price increase for iron ore just yet. Officials are suggesting ongoing negotiations are likely to extend into June.

FPA’s latest result contained few surprises. Brokers seem pleased however, were it not that their targets indicate there’s little upside from the current share price.

The public debate about Telecom NZ’s future is raging on. Maybe investors have been a little too negative on the new regulatory regime, but does that make the shares a Buy?

Brokers have highlighted banks as a traditional safe haven in times of correction, with NAB becoming more popular.

Citigroup has already hung up, but Credit Suisse is willing to hang in if management is willing to explain a few things.

Share markets should be higher in six to twelve months from now. But first come uncertainty, volatility and slower economic growth.

Higher priced oil will keep interest rates high in New Zealand, Commonwealth Bank predicts, this is not positive for the Kiwi economy.

CommBank lists the winners and losers from the last tax cuts in Australia.

The World Bank sees several elements that need extra attention to bring the Chinese economy into a better balance.