Wall Street is soaring ahead of a decision on rates by the US Federal Reserve while, here in Australia, the ASX is predicted to rise on Wednesday, the day after our central bank left rates on hold.The founder of Chinese property developer Evergrande will beThat was after the regulator accused the group's flagship unit ofalso said in an exchange filing that China's securities watchdog penalised the company and several of its former senior executives after an investigation.
Other executives punished include Hengda Real Estate's former vice chairman and its former chief financial officer.this morning, after Wall Street also had a bumper day of trade overnight . The US markets are booming ahead of the US Federal Reserve meeting on Wednesday for a rates decision. The, with a gain of 0.8%. The S&P 500 was up 0.6% and the Nasdaq a smaller 0.4%.
Speaking of rates, we'll have ABC's online business editor Michael Janda here with you shortly, with a guest post about theChinese construction company EvergrandeNew electricity price caps have been drafted and this is what that means for your power bill'Leaving me little by little': Khouloud is watching her daughter starve to death and can't stop it