US - based gold miner Newmont Mining is slashing its corporate workforce by a third after writing down the value of its Western Australian mines by $ US1.5 billion, amid weak conditions in international gold and copper markets. (businessnews.com.au)
Conditions in the business services sector have been more subdued, as firms have continued to rein in discretionary spending, especially the subsidiaries of global firms facing weak conditions overseas. (rba.gov.au)
«TV shipment growth in China was strong in the fourth quarter, due to sell - in for the Chinese New Year Holidays, which runs counter to the very weak conditions in other emerging markets,» said Paul Gagnon, director of TV research for IHS Technology. (news.ihsmarkit.com)