ASX Limited
Updated
World markets
ASX closes on a high as CBA, mining stocks rally
The local index was boosted by a raft of soaring stocks as investors remained optimistic for news of a stimulus boost from China.
- by Hannah Hammoud
Latest
Australia’s construction sector faces zombie apocalypse
With the housing crisis worsening, the construction sector might be the next to join the ranks of the walking dead.
- by Hannah Hammoud
MinRes board in damage control over ‘tax evasion’ probe amid share-price spiral
The board will detail how it intends to handle an alleged tax evasion scheme involving founder Chris Ellison, as $2.4 billion is shaved off the company’s value.
- by Jesinta Burton
Cut priced in: Markets eagerly wait for Fed’s view of the economy
With annual inflation easing in the US, financial markets have priced in a 25 basis point cut to the cash rate at the Fed’s next meeting this week – the last before the November presidential election.
- by Sumeyya Ilanbey
HESTA pressures Australia’s largest companies to adopt gender targets across entire organisation
The $87 billion fund has written to the ASX 300 companies it invests in to commit to ensuring 40 per cent of its staff are women.
- by Sumeyya Ilanbey
Editorial
Casinos
NSW government’s rejection of tax relief for Star is right decision
The Minns government has rightly rejected the beleaguered Star Entertainment Group’s appeal to the public purse for rescue funds.
- The Herald's View
Join the club: The ASX hopes IPOs will heat up from next year
Marley Spoon is departing the ASX on Monday, the latest of many to depart the local bourse – but this trend looks to be turning around in 2025.
- by Jessica Yun
Opinion
Governance
Our two corporate cops move from dynamic duo to enemies
The corporate watchdog claims ASX misled the market about troubles it was having on its new trading platform project.
- by Elizabeth Knight
Updated
Sharemarket
ASIC sues ASX over trading system disaster
The corporate regulator is suing Australia’s stock exchange operator, the Australian Securities Exchange (ASX), in the Federal Court for allegedly misleading statements it made to the market.
- by Colin Kruger and David Swan
Updated
Earnings season
CBA chief sees economic rebound as bank posts $9.8b profit
Matt Comyn is expecting some relief for households over the next year after a post-pandemic downturn that has depleted household savings to historic lows.
- by Sumeyya Ilanbey
CBA yearly profit set to fall below $10 billion
Investors are highly anticipating the release on Wednesday of CBA’s full-year results, which are widely seen as a bellwether for the health of the broader economy.
- by Sumeyya Ilanbey
Original URL: https://www.watoday.com.au/topic/asx-5d