ASX reverses fortune as Qantas grilled
The Australian share market has bounced back after recording a six-week low last week but not all companies are sharing in the good fortune.
The Australian share market has bounced back after recording a six-week low last week but not all companies are sharing in the good fortune.
Bourse lifts after China halves stamp duty on securities. Appen dives 32pc on ongoing headwinds. Star retreat before results. Fortescue drops on executive upheaval, lower profit and dividends. Energy One soars on UK bid.
Bourse down on tech losses. Wesfarmers lifts on profit jump. Investors disregard big Pilbara profit. PEXA swings to loss. Accent’s record result. ANZ wants Suncorp review.
One company has managed to secure top spot on the Australian share market after losing nearly 20 per cent of its price the previous day.
The country’s largest job listings website has appointed a new chief executive and revealed its intentions to sell off its Chinese business.
Premier Daniel Andrews says a royal commission into Crown will solely look at whether the state’s largest employer under one roof is still fit to hold a gaming licence.
The price of bitcoin has dropped sharply from record highs after the world’s richest man Elon Musk tweeted his concern.
The country’s largest bank says the key plank of its new credit card offering has been a big hit with millennials.
The price of bitcoin is sitting at a stable $62,500 a coin after Elon Musk’s mega billion-dollar move saw the cryptocurrency’s value rocket.
The country’s largest telco provider has announced a major shake-up to its network of retail stores dotted across Australia.
The last two weeks have been brutal for rookie traders on Reddit’s WallStreetBets forum as the stock tries to rebound from a losing streak.
Investing in overseas stocks has delivered windfall gains since last year’s COVID crash, but buyers should take care right now.
The country’s largest bank has revealed the pandemic has dented its financial performance in the past six months.
A probe into Crown has dealt a crushing blow to its $2.2bn Barangaroo project after damning allegations of bad corporate behaviour.
Original URL: https://www.dailytelegraph.com.au/business/markets/page/200