Health darling launches fresh bid to list on Nasdaq
Telix Pharmaceuticals won’t raise capital as it looks to capture the attention of more global investors under fresh plans to list on the Nasdaq.
Markets
Can Nine really change its shocking ways?
There is little confidence the same board that fundamentally allowed an appalling corporate culture and poor leadership to thrive, can also fix it.
Strong jobs data dashes hopes of year-end rate cut
There are two reasons why central banks cut interest rates – ability and need. Australia’s exceptionally strong employment report for September all but eliminated the need.
Young Aussies priced out of housing turn to riskier assets
Housing affordability and cost-of-living pressures have led to a change in investment strategies, with younger investors putting more cash into stocks and crypto than boomers.
A further changing of the guard at ASIC
The corporate regulator has reshuffled its leadership with two key appointments.
ASX 200 ends up 0.9pc at record high close
Perpetual hit with first strike. Stronger-than-expected jobs data may dash hopes of early rate cut. BHP iron ore production rises but China disappointment weighs. Regulator allows Star to keep Sydney licence. Uranium miners soar. WiseTech dives amid CEO scrutiny.
WiseTech’s board confronts tough choices with White
The billionaire founder of WiseTech Global, Richard White, has the backing of his board but there are active discussions about the chief executive taking leave from the tech major.
Inflation expectations a ‘good news story’: RBA’s Hunter
The Reserve Bank’s language has been much less hawkish since its August board meeting and that’s good news for homeowners struggling with the highest interest rates in over a decade.
How Blackstone became an ‘AirTrunk believer’
The New York giant was dabbling with some sheds with ‘some power on the side’ but two lessons paved the way for its bumper acquisition.
Inflation outlook ‘well anchored’: RBA
A top Reserve Bank official gives a strong indication the central bank could be preparing the way for an interest rate cut.
ASX 200 retreats from records; Woodside revenue jumps
Local sharemarket backs away from highs after US, China sell-off. AusSuper invests billions in US data center company. Woodside records 21pc revenue jump as production hits record.
Oil, debt and China: A trifecta of threats to global recovery
For Citi’s New York-based global economist, Nathan Sheets, the difference between a recovery and global recession are finely balanced.
Stocks hit records but volatility is too high
Markets in the US and Australia are climbing a proverbial wall of worry but October has a reputation as one of the most volatile months of the year for stocks as the US election looms.
When navigating shares, ignore the white noise
Although financial commentary is rife with near-term events and distant prognostication, almost none of this directly helps navigate sharemarkets. So what should we be looking for?
Macquarie’s new lighthouse is all about the AI boom
Investment bank Macquarie wants to build another AirTrunk, and the infrastructure supporting the tech revolution sits at the heart of its plans.
Why CBA is growing more sure of an RBA cut this year
Commonwealth Bank is the only major expecting an RBA cut by December. Now it’s more confident than ever in that view.
Tribeca’s Jun Bei Liu to strike out alone
The move will see Ms Bei Liu migrate the full $1.5bn from her Alpha Plus fund to a new firm with an as-yet undisclosed name.
Miners lead as ASX rises; Web Travel sinks 36pc on weak update
ASX 200 ends up 0.5 per cent amid gains in the US and China. TPG sells fibre, EGW assets to Vocus in blockbuster deal. Web Travel dives on update. New bosses at Lendlease, Pacific Smiles. BCA puts councils performing poorly on housing on chopping block.
Beijing increases debt to fight economic woes
China says it will lift government debt to revive its economy but economists and investors were provided with little detail on the extent of the stimulus package.
Expect higher interest rates under Trump
Big tax cuts on top of high federal debt and less easy Fed policy could create perfect conditions for rising rates.
Original URL: https://www.theaustralian.com.au/business/markets/page/15