Retail sales fall after Black Friday boost, puzzling analysts

Now, this will puzzle the Reserve Bank and all those 'rate rise looms' urgents still breathing in the markets and among the commentariat – as expected, retail sales in December fell after the Black Friday sales event boost in November. However, November was, in turn, weaker than first reported a month ago by the Australian Bureau of Statistics (ABS).

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Crypto prices soar as SEC approves spot Bitcoin ETFs

In a major development for the cryptocurrency market, Bitcoin surged past $47,000, and Ethereum jumped over 10% in value after receiving regulatory approval from the United States Securities and Exchange Commission (SEC) to launch spot bitcoin exchange-traded funds (ETFs). This decision is expected to unlock billions of dollars in inflows into the world's largest digital currency.

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Memphasys accelerates commercial approval for sperm-separation device

Despite innovative technology, Memphasys (ASX:MEM) has been swimming against the tide in recent times. But with the company poised to bank $4.23 million in a capital raising and having signed expanded distribution agreements, wary investors can expect better times as the company shifts from a research and development focus to commercialisation.

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Electric vehicle bubble deflates as valuations plunge – what’s next for the EV industry?

The electric vehicle (EV) industry, once riding high on optimism and sky-high valuations, has hit a roadblock as investors and car manufacturers reevaluate their strategies amidst a slowdown in growth. Factors ranging from rising interest rates to evolving EV technology and consumer preferences are being cited as reasons behind the shift in momentum.

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