ASX blocks Guvera IPO
The music streaming service’s $1.4bn float has been rebuffed following weeks of controversy.
The music streaming service’s $1.4bn float has been rebuffed following weeks of controversy.
The local market has closed in the black, but suffered its worst week in four months.
Gold stocks have surged in afternoon trade, in tandem with the rising price of yellow metal.
Investors have piled into the yen, leaving the Aussie at a four-year low against the Japanese unit.
The local market has jumped half a percentage point, with investors reassured over US rates and local jobs.
The local bourse has dropped for a fourth straight session, as Brexit fears continue to roil global markets.
Yields on the 10-year bund, a traditional safe haven, have tipped below zero for the first time amid regional worries.
Global crude markets are closer to balance, but significant price rises remain unlikely, the agency says.
Clydesdale Bank has led a swift sell-off among local companies reliant on the UK for revenue.
Brent crude has fallen back below the benchmark as US drilling increases.
Original URL: https://www.theaustralian.com.au/author/amber-plum/page/70