Furniture Kings to set up shop in the US
High-end furniture retailer and manufacturer King Living will open a showroom in the US as part of a global growth strategy, banking on a wave of interest in Australian-designed furniture.
Kmart issues second recall of furniture item seven years after injury risk reported
The retail giant announced the recall of the popular furniture item as there have been several incidents of concern.
Tech companies step up following Hamas attack on Israel
Australia’s biggest technology companies have joined their global peers rallying behind Israel – a cradle of innovation within their sector – following Hamas’ “horrific and unthinkable acts of terror”.
Pressure grows for new Origin bid after Octopus deal
Canadian giant Brookfield and EIG are under more pressure to increase their $18.7bn bid for Australia’s largest electricity and gas retailer after the UK energy giant that Origin was an early investor in, struck a deal to rapidly expand its Japanese presence.
ASX fintechs poised for rebound: Morgans
While the fintech space was hot in a low interest rate environment, it has suffered as central banks hiked rates to curb rising inflation, affecting investor sentiment about growth stocks and ending.
Shanghai’s premium office and retail vacancy rates suggest ‘healthy’ growth, even if overall vacancies continue to rise
Shanghai’s office vacancy rates have continued to rise, as corporate tenants tighten their purse strings and new supply comes online, and rents have continued to decline.