February
Gupta’s ‘ringfenced’ InfraBuild bought $430m of Whyalla steel
KordaMentha will scrutinise the sizeable related-party transactions in the administration of the stricken steelworks.
Job losses at MS Wealth Management amid ‘strategic pivot’
The investment solutions team will merge with the wealth management research team, and the Chinese wall between the two divisions will be done away with.
JPMorgan, MS and RBC strong out of the gate with monster Goodman deal
The Goodman raising, the ASX’s sixth-largest ever and the bourse’s largest real estate deal, was done unsounded and with no wall crossings.
Morgan Stanley loses crown as chief Goldman Sachs rival
Both JPMorgan and Evercore generated more financial advisory fees last year, marking a change in the Wall Street guard.
Cockfight! Roc battles rivals for Aware’s $1b-plus chicken farmer
The bidder mix suggests property-rich poultry players have been engulfed by the ever-expanding boundaries of “core-plus infrastructure” in Australian M&A.
Truck crashes on MinRes’ iron ore haul road pile up
A fifth road train has rolled over on the private haul road network, two days after the miner dismissed the possibility of another accident.
Banks offload $8.8b in debt linked to Musk’s Twitter takeover
The deal will allow lenders to exit one of the toughest merger-finance transactions in recent years.
Corporate America cosies up to Musk with billion-dollar deals
Companies from Boeing to Amazon have sought out the world’s richest man as he seeks to remake the US government.
ASX’s most important sprint collides with Trump and AI
Buckle up, share prices will jump around in the coming four weeks. Reporting season gets less predictable as analyst coverage thins.
January
Why Musk’s radical Washington plans are deja vu
Millions of workers have been offered exits and engineers asked to show their skills – just like when Elon Musk bought Twitter. The similarities have been uncanny.
DeepSeek dents outlook for AI-fuelled power boom
NextDC’s CEO says data centre power use will not fall after US energy stocks were smashed by expectations DeepSeek will pierce AI-fuelled electricity demand.
Is it time for investors to pile back into the beaten-up $A?
Citi believes the US dollar is primed for a pullback given Donald Trump’s more measured approach to tariffs. That’s good news for the beaten-up Aussie dollar.
New sector entrant doubles down on advisors for $3.5b Aveo sale
Then there’s the deep-pocketed capital partners, understood to include AustralianSuper, which will look to team up with the headline suitors later in the auction.
Smiles all round at Morgan Stanley as Wall St bonus season opens
Most local bankers received 10 per cent to 15 per cent bonus increases compared to last year, with raises of as much as 50 per cent for the top performers.
China corporate profits set for third year of declines
The Asian giant is grappling with a two-speed economy, with strong exports offsetting weak domestic demand as households cope with a deep property slump.
Revealed: The three hot property picks for 2025
The race for returns from alternative assets in commercial property has become a stampede as traditional areas battle the impact of high interest rates.
December 2024
ASX nears record; Northern Star’s $5b deal; Telstra buys Boost Mobile
Read everything that’s happened in the news so far today.
Perpetual sues former wealth adviser who defected to Morgan Stanley
The wealth and funds management giant wants to stop Daniel Elias from contacting its clients, and says he is restrained from doing so until next year.
November 2024
WiseTech’s shares headed to $200? Morgan Stanley thinks so
The broker has upped its bull case of the logistics software giant, saying the outlook remained “positive”.
Inside Musk’s first bitter fight with Trump
Scott Bessent prevailed as the top nominee for Treasury secretary after a fierce battle for influence inside the president-elect’s court.