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Joanne Tran

Today

“We are confident but not arrogant about our plans,” says Lauren Leahy of Flynn Restaurants, the US private equity firm that is bringing Wendy’s back to Australia.

Wendy’s takes on burger rivals with first Australian store in decades

The world’s third-largest burger chain is launching after months of taste-testing and planning. But other big American brands have tried, and failed, to grow.

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This Month

Since leaving Gresham, Chloe Barry-Hang has spent more time building her robe business, K Juliet.

TikTok banker rejected hush money from Gresham

A social media influencer and former employee of investment bank Gresham Partners, Chloe Barry-Hang, has told her followers about a negative workplace incident.

Darktrace co-founder Mike Lynch died last August after his yacht Bayesian sank off the coast of Sicily.

UK’s Darktrace buys Turnbull-backed cyber firm for up to $161m

The cybersecurity giant, which counted deceased British tech entrepreneur Mike Lynch as a founding investor, is set to acquire Cado Security in which Turnbull has an interest.

Antipodes’ Vihari Ross and Wilson Asset Management’s Oscar Oberg.

Rare earths, biotech and small caps: Fundies’ uncut gems

Speculative ideas proved capable of huge returns in 2024. Here are the under-the-radar stock picks that made the most money last year.

The Australian sharemarket is set to rise at the open on Monday.

ASX to rise, Australian dollar under pressure

A lower Australian dollar may push up petrol prices and heap more pressure on inflation, leading the Reserve Bank to potentially delay 2025 interest rate cuts.

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December 2024

The sharemarket is forecast to break records in 2025 but the easy gains are over, strategists say.

ASX to forge ahead in rocky 2025 as bull market limps on

While strategists expect the sharemarket to rally in the new year ahead of the Reserve Bank’s first interest rate cut, they also predict a volatile 12 months.

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Wall Street had a quiet session.

ASX extends advance as market reopens after Christmas break

The benchmark S&P/ASX 200 added 40.9 points, or 0.5 per cent, to 8261.8 at the closing bell on Friday, when eight out of 11 sectors climbed. 

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The best and worst ASX stocks of 2024

The stocks that did the most damage in 2024 – and the ones that ruled

One fintech darling has more than tripled in the past 12 months, but the same can’t be said for lithium stocks on the front line of the EV slowdown.

ESG funds have focused on companies that have climate emission abatement policies.

ESG investing on shaky footing as green fatigue sweeps ETF market

Once attracting almost 20 per cent of inflows into exchange-traded funds, climate and social-focused strategies collected 3 per cent of new money this year.

Sezzle chief executive Charlie Youakim.

Short seller accuses Sezzle of ‘sketchy’ practices, low-quality loans

The buy now, pay later group delisted from the ASX earlier this year and has described the allegations as “misleading and out of context”.

K2 Asset Management’s David Poppenbeek.

Fundie says this ASX non-bank lender is ripe for a rally

K2 Asset Management’s chief investment officer, David Poppenbeek, says small caps are in a “generational sweet spot”.

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Local shares are set to open higher.

ASX snaps five-day losing streak as banks climb; Data3 dives10pc

Shares advance on Commonwealth Bank rise. Rio Tinto and BHP to build ‘green’ plant. Another Star Entertainment departure. Oil slips and gold holds steady. Follow updates here.

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Sweden is coming around to the idea of nuclear energy.

Uranium investor hopes dashed as UBS cuts outlook

The broker has cut its forecast for the controversial energy source over the next two years

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The ASX 200 is set to open lower.

ASX lower as HMC dives 10pc; bitcoin hits record

Shares slip as iron ore prices fell overnight, sending miners lower. Investors sell DigiCo and HMC post IPO. Follow for more.

Local shares are set to open higher, as megacap techs rallied anew.

ASX extends losses as Downer, Ventia tumble

Shares slip; jobless rate drops to 3.9pc; Coronado gets green light for Queensland mine; oOh!media to cut costs; Cettire confirms block sale; Pilbara CEO loads up on stock. Follow updates here.

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ECP’s Annabelle Miller.

Here’s where ECP’s Annabelle Miller has been buying up shares

The Sydney-based global investor is tipping a Nasdaq-listed used-car website will take over Europe and says a 19th century industrial company is ripe for a re-rating.

ASX touches two-week low; tech sells off as traders await US CPI

Investors await November’s CPI report. Cettire block trade changes hands. Google-parent Alphabet soars. Follow updates here.

Commodity markets and the Aussie rallied after China’s leadership signalled bolder economic support next year.

China’s surprise pledge sends commodities soaring

BHP and Rio Tinto rallied with commodity prices after Beijing signalled bolder support for the world’s second-largest economy next year.

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Plans for a bolder effort to bolster growth in China has the ASX poised for a positive start.

ASX closes lower; RBA did not discuss rate cut

ASX closes lower despite paring losses after the Reserve Bank of Australia keeps the cash rate at 13-year high. Mining stocks rallied, while bank and tech stocks dropped on wave of profit-taking.

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Australian shares are poised to start  the week modestly lower.

ASX flat; Platinum tumbles 14pc; GQG rises 6pc

Shares flat; Regal ceases buyout talks with Platinum; GQG cancels share buyback; ex HSBC wealth and personal banking chief appointed as ANZ CEO. Follow here for more.

Original URL: https://www.afr.com/by/joanne-tran-p536q5