January may have been a good month for Aussie shares but the local market, and indeed the currency, are set to come under selling pressure on the first trading day in February, on the back of concerns about global growth and further signs of weakness in Chinese factory activity.
Local shares are poised for a subdued start to the week after Wall Street fell on Friday after a disappointing GDP report.
Brian Robins With the odds of the Reserve Bank cutting interest rates at its meeting Tuesday, Australian dollar weakness will see the central bank keep rates on hold, as it also seeks to keep its powder dry to handle any future challenges, according to the latest forecast by Deloitte Access Economics.
Jamie Freed Low-cost long-haul carrier AirAsia X has replaced chief executive Asran Osman-Rani and will raise 395 million ringgit ($140 million) to shore up its balance sheet as a result of deep financial losses, including on flights between Kuala Lumpur and Australia.
Simon Evans The former chairman of Santos, Stephen Gerlach, and the current chairman of $2.8 billion financial services group IOOF Holdings, Roger Sexton, are preparing to float a premium food and beverages company to capitalise on rising demand from China.
David Ramli Telstra is set to sell the once-iconic Trading Post brand just over a decade after it bought the classifieds rag for more than half a billion dollars.
Jamie Freed Chinese carrier Xiamen Airlines is poised to launch Boeing 787 flights from Xiamen to Sydney later this year, becoming the first airline from a second-tier Chinese city to take advantage of a major expansion of air capacity between Australia and China.
Carolyn Cummins The reporting season for Australian real estate investment trusts will throw the spotlight on the state of the residential market, according to analysts. Several larger trusts are major players in the housing market and most are predicting higher returns from the sector in the coming year.
Peter Martin Concern about weakness at the heart of the Australian economy lies behind the Reserve Bank's determination to cut interest rates, a move most likely at its first board meeting for the year on Tuesday.
Georgia Wilkins The Australian Tax Office is pushing ahead with a controversial plan to allow the country's biggest corporations to audit themselves through their own private auditors, despite mounting public anger over corporate tax avoidance.