We’re supposed to be struggling, yet we’re spending more. Why?

The scare over a liquidity crisis in a state-owned company in Guangdong has rippled through China’s debt markets and shone a light on the financial pressure in its local governments.

The corporate regulator has started legal proceedings against the nation’s biggest bank, alleging that it misled 42,000 business customers and overcharged them about $8.5 million in fees.

The bank first reported problems to the regulator in 2019, but did not fully fix them for another seven years.

I see now the error of my bargain-seeking ways and promise to do all my Christmas shopping with DJs, if I can find a store that’s still open.

BYD apologised for an assembly mistake that meant some of its Great Tang electric sport utility vehicles had their front and rear wheel rims installed in reverse.

The video game is the first new instalment in 13 years of one of the best-selling entertainment franchises in history. Australian businesses expect staff absenteeism to soar.

David Jones has told suppliers and staff that half of its stores will close as the receivers in charge of the embattled department store owner attempt to make the business viable again.

The Australian sharemarket edged up in Wednesday’s session, erasing early losses and shrugging off falls on Wall Street, where inflation figures spooked investors.

Augustus Minerals has hit a 71-metre-wide gold zone from 15m deep at its Music Well project in WA, with the rods now spinning at a new target with rock chips up to 30.4g/t.

Orbit Resources has started partner-funded drilling at its Goodrich copper-gold project in NSW, targeting extensions to a previous porphyry discovery that hit 136.55m of mineralisation.

The US president’s demands for falling interest rates are going to be ignored when the Federal Reserve responds to last month’s hotter-than-expected inflation rate.

Larvotto Resources has hit high-grade gold-antimony up to 9.61g/t gold equivalent at the Freehold prospect in its NSW Hillgrove project, doubling the mineralised strike to 700m.