ASX edges lower amid takeover frenzy
While the Australian share market lost ground on Monday, led by a fall in real estate stocks, billions worth of deals were lobbed or closed.
While the Australian share market lost ground on Monday, led by a fall in real estate stocks, billions worth of deals were lobbed or closed.
In a week dominated by expectations of rate cuts from the US Federal Reserve in 2024, a rally in mining and energy stocks pushed the benchmark to a 20-week high on Friday
The ASX has closed flat but the big news is the surge in Sigma Healthcare’s share price on continued merger news with Chemist Warehouse Group.
Ahead of key US inflation data to be released on Wednesday night, the ASX finished higher for the third day in a row, buoyed by a rise in interest rate sensitive stocks.
A mixed session saw the local share market finish flat on Monday as a jump in energy stocks and a fall in the material sectors pulled the bourse in both directions.
Demonstrators with Disrupt Burrup Hub caused traffic chaos on Monday after blocking a major CBD thoroughfare.
One sector has managed to turn its fortune around on the share market, ending the day on a high after shock news this morning sent prices tumbling.
As new data showed the economy “hit the wall” in the September quarter, traders ramped up their bets the RBA would start cutting rates, sending the share market higher.
As household borrowers breathed a sigh of relief as the RBA held off on another rate hike, the Aussie share market had its worst daily result in more than a month.
Two of the country’s richest people are snapping up some of our most iconic clothing brands to keep them in Australian hands.
Ahead of the RBA’s final board meeting for 2023, the Australian share market reached a 10-week high on Monday as fears of further rate tightening continue to fade.
With the Aussie dollar sitting at three-month highs, it’s good news for those planning a trip to the US, but what’s driving the gains?
A rally in tech and industrials saw the benchmark finish in the green on Thursday as Origin Energy’s board rejected a proposed takeover bid.
After fresh inflation data showed price pressures cooling faster than expected, the share market finished in the green on Thursday.
A Melbourne tunnel expert is being hailed a hero after leading the rescue of 41 Indian workers trapped in a collapsed tunnel for two weeks.
Ahead of the release of fresh inflation data, which is expected to show prices eased in October, the Aussie share market rallied on Tuesday.
The ASX benchmark sank on Monday as falls in key commodity prices pushed major energy and mining companies lower.
A rebound in energy majors following a sell-off on Thursday saw the benchmark finish in the green on Friday.
Following a drop in oil prices after the delay of an OPEC+ meeting and a decline in iron ore prices, the Australian share market lost ground on Thursday.
The eldest children of mining magnate Gina Rinehart have made a rare appearance in a Perth court, as the Pilbara royalties case comes to a close.
The budget carrier is offering travellers new direct flights to two of Australia’s most spectacular tourist destinations for just $59.
Shocked staff received a phone call from their bosses just hours before the news of the closure went public.
Mining giants and banks coughed up the most tax in 2021-22, but more than 800 companies paid nothing at all, according to the Australian Taxation Office.
With Australia and China talking again, the mining boss is getting a close-up view of the potential.
Off the back of the worst week in the worst month, the ASX was up 2.2 per cent at the end of the week.
Outgoing RBA governor Philip Lowe has cautioned that China’s deteriorating economic outlook is one of three “significant uncertainties” facing the local economy.
Experts warn AI will “rapidly and significantly” disrupt more than $600 billion of economic activity.
The mining company of Andrew ‘Twiggy’ Forrest has taken a hit on the share market after its third executive within a week called it quits.
Billionaire Andrew Forrest’s mining company has suffered another blow, with a wild number of senior executives leaving.
The price of getting a pizza delivered or catching an Uber will rise under contentious changes to Australia’s workplace laws.
Billionaire Andrew Forrest has addressed his shock separation from his wife of 31-years in his first interview since the split.
Student protesters have made a scene as incoming RBA governor Michele Bullock delivered a speech on net zero issues.
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.
A teenager with brain damage who sued a global mining giant for $5m, claiming it was to blame, has failed in her damages suit.
The shock departure of the eleventh senior executive from Fortescue Metals in two years has been announced.
By the end of the decade shareholders will be either cursing the miner for missing the potential, or thanking it for holding its nerve.
An Australian gold miner says its stockpile of once worthless rubble is now worth $2 billion dollars.
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.
An investor favourite has won big on the ASX this Wednesday while another company saw its share price plummet to new lows.
As Australia transitions away from coal and gas, an emerging, crucial sector will keep the government’s coffers lined to meet rising costs.
One sector has seen their share prices surge on the Australian share market with one company seeing its stock price skyrocket by 25 per cent.
The Big Australian has produced billions in profits for shareholders, but the heady days of 2022 look to be over.
The Australian share market has started the week off on a low but one company has taken the cake in terms of stock price.
The complexities of Australia’s richest woman’s relationships with her family have been aired out in open court, as Gina Rinehart fends off claims to her mining empire.
A tiny country town was all but destined to be wiped off the map, but a stunning eleventh-hour announcement has saved the community of hundreds.
Australia’s richest woman, Gina Rinehart, made a series of “not-so-subtle threats” to her firstborn child when he questioned his inheritance, a court has heard.
Mining magnate Gina Rinehart inked “death warrant” deals in a bid to strangle the lucrative trust fund her father left for his grandchildren, a court has heard.
Australia’s richest person, Gina Rinehart, has thrown her weight behind nuclear energy as she insists farmers shouldn’t have to pay for net zero.
A lawyer has aired the circumstances surrounding the breakdown of the relationship between Gina Rinehart and father Lang Hancock.
Unexpected news from China and Japan helped the ASX record better than expected results on Tuesday.
Original URL: https://www.goldcoastbulletin.com.au/business/companies/mining/page/6