RBA will need to cut ‘at least another couple of times’. PointsBet shareholders approve Mixi offer. CBA hits $192. Star investors back $300m rescue deal. Xero taps institutions for $4bn-plus US buy.
Strong IPO debuts build on ASX optimism over possible de-escalation of Middle East tensions. Whyalla Steelworks’ sale process begins. CBA hits record. Rio Tinto and Gina Rinehart plan a new iron ore mine.
Australia’s sharemarket slid during Monday on fears the Middle East conflict could escalate but the falls were limited thanks to one banking juggernaut.
Broad based losses amid concerns about the fallout over the bombing of Iran’s nuclear facilities by the US. But investors snap up financial and energy stocks. All eyes on key oil corridor Strait of Hormuz amid fears oil may hit $US100 a barrel.
Alarm bells are ringing for a major ASX-listed fashion business as a brutal Trump slump and inflation shock smashes share prices.
Do you want to live in the bustling cosmopolitan dream of Melbourne’s Hawthorn, or the riverside splendour of Brisbane’s Hamilton? Here’s how you can afford it.
Australia’s shares slid for the fourth straight day with a fall in banks and miners dragging the index lower on Friday.
Rejected suitor Betr details new intended all-scrip bid with buyback carrot for PointsBet. Investors jittery amid Middle East turmoil. Voting on Bally’s ‘unattractive’ Star rescue deal next week.
It was a mixed day on the markets on Thursday with CBA hitting a record high and BHP slumping with investors factoring in weak jobs data and the latest news out of Iran.
Banks offset falls in miners with CBA up to a record high close of $182.85. Surprise 2500 dip in May jobs data. WiseTech’s long-serving directors to exit. KMD hits record low on earnings warning.
A slump in the price of iron ore and gold sent the ASX200 down on Wednesday, despite eight of the 11 sectors trading higher.
First comments by Santos’ $30bn bidder come as target’s shareholder backs takeover. Oil lifts as Trump weighs Middle East action. MinRes leads iron ore falls.
Telco giant Optus has agreed to pay a whopping $100m fine for exploiting hundreds of vulnerable and disadvantaged Australians.
Telco giant Optus has agreed to pay a whopping $100m fine for exploiting hundreds of vulnerable and disadvantaged Australians.
Original URL: https://www.dailytelegraph.com.au/business/markets