08h35 Australian shares rose on Tuesday, with
the healthcare sector leading gains, as minutes of the central
bank's September policy meeting affirmed it was open to further
rate cuts, helping the benchmark index recoup earlier. . .
06h20 Australia's central bank will
assess global and domestic developments including the state of
the country's labour market before cutting interest rates
further, minutes of its September meeting showed, putting the
onus on the unemployment rate. . .
05h09 Australian coal producer New Hope Corp
Ltd on Tuesday said coal markets would likely remain
volatile in the near term though demand is strong for
high-quality thermal coal across Asia, as it posted a. . .
16/09 An employee of a New Zealand
advertising company hired a professional clown to sit with him
as his support person at a redundancy meeting in which he was
fired, the Stuff New Zealand reported.. . .
16/09 Australian shares advanced marginally on
Monday, as huge gains in the energy sector, inspired by a leap
in oil prices, were limited by downward trending financials,
amid global growth jitters.. . .
16/09 China Mengniu Dairy Co
unveiled a plan to buy infant formula maker Bellamy's Australia
Ltd for A$1.43 billion ($983 million), a lifeline for a
target beset by regulatory problems that sent its shares
soaring.. . .
16/09 Virgin Australia Holdings Ltd
on Monday said it entered an agreement to buy back the 35% of
its Velocity frequent flyer programme that it does not already
own for A$700 million ($481 million) from. . .
16/09 Australia's Pacific Energy said
on Monday it would back a $321.18 million takeover offer by QIC
Private Capital after the investment manager matched a rival
consortium's recent offer for the power supplier.. . .
16/09 Australian shares are set to open
slightly lower as investors cautiously await the U.S. Federal
Reserve's rate decision, while energy stocks are expected to
rise on strong prices after an attack on oil facilities. . .
13/09 Australia's banking watchdog on
Friday said record-low interest rates are likely to benefit the
country's "Big Four" lenders over their smaller counterparts due
to their better capital position and access to cheaper funds.. . .
13/09 Australian shares eked out a small gain
on Friday, helping the benchmark advance for a fourth straight
week, but investors stayed cautious in spite of hopes for
smoother U.S-China ties and Europe's newly-unveiled monetary
stimulus.. . .
13/09 Australian shares edged up on Friday,
with the benchmark set for its fourth week of gains, buoyed by
signs of progress in the U.S.-China trade war and stimulus
measures announced by the European Central. . .
13/09 Australian shares are likely to open
higher on Friday as signs of progress in the Sino-U.S. trade
dispute boosted risk sentiment along with the promise of
continued stimulus from the European Central Bank.. . .
12/09 Australian shares rose along with others
on Thursday as investors cheered gestures of goodwill in the
bruising U.S.-China trade war and hoped that the European
Central Bank later in the day will kick off. . .
12/09 Australian shares are likely to open
higher on Thursday, tracking Wall Street, after China's decision
to exempt some U.S. goods from tariffs boosted market sentiment.
China exempted some U.S. anti-cancer. . .
11/09 Australian shares ended marginally
higher on Wednesday, as solid gains in the mining and financial
sectors - the benchmark index's biggest components - helped
outweigh a decline in technology and healthcare stocks.. . .
11/09 Australian consumers turned
gloomier in September as concerns about their personal finances
eclipsed signs of a modest recovery in the housing market,
underlining why markets are betting on more rate cuts to support
a flagging. . .
10/09 Australia's corporate watchdog on
Tuesday said it had lodged an appeal against a court decision
dismissing its accusations that the nation's second-biggest
lender Westpac Banking Corp had approved mortgages
without appropriate credit checks.. . .
10/09 Australia's AMP Ltd said on
Tuesday it had raised about A$784 million ($538.1 million) to
fund the restructuring of its flagship business following
revelations of misconduct and poor governance.. . .
10/09 Australian shares are expected to open
slightly lower on Tuesday, tracking a lacklustre Wall Street, as
market participants await further direction and possible
monetary stimulus from central banks in the face of a global
slowdown.. . .
09/09 Australian shares closed marginally
higher in cautious trade on Monday, with the benchmark index
propped by financial sector firms as investors awaited global
central banks to provide more stimulus for a slowing global
economy.. . .
06/09 Australian shares had a solid rise on
Friday, contributing to the market's third straight weekly gain,
fuelled by hopes for reduced tensions after Washington and
Beijing agreed to hold high-level trade talks next month.. . .
06/09 Australia's Westpac Banking Corp
has been served a class action lawsuit accusing it of
charging thousands of pension fund customers for services they
never received, joining a parade of big-ticket litigation
arising from a major. . .
06/09 Australian rare earths producer Lynas
Corp said on Friday it signed an agreement with the
outback town of Kalgoorlie to explore a potential initial ore
processing site as it tries to soothe concerns in. . .
06/09 Australian shares are set to open higher
on Friday, following a rally on Wall Street sparked by renewed
hopes of trade deal after the United States and China agreed to
hold talks next month.. . .
05/09 Australian shares ended a three-day
losing streak to close at a one-month high on Thursday, as
confirmation of U.S.-China trade talks cheered investors, while
soaring crude oil prices powered energy stocks.. . .
05/09 ANZ Banking Group sees
Australia's benchmark cash rate at 0.25% by May next year from a
record low of 1% now, its economist said on Thursday, the most
aggressive forecast among large domestic and. . .
05/09 Australian department store operator Myer
Holdings Ltd swung back to an annual profit on Thursday
as a turnaround strategy of ditching low-margin brands and
cutting floorspace put the struggling retailer back on track.. . .
05/09 Australia's AMP Ltd has
started telling some of its more than 1,500 aligned financial
advisers that it is cancelling their licences, taking a tough
stance in the wake of last year's inquiry into misconduct. . .
04/09 Australian shares fell for a third
straight day on Wednesday, pulled down by financial and
healthcare firms as weak domestic growth data and a contraction
in U.S. manufacturing activity rekindled fears of a slowdown. . .
04/09 Australia's much-vaunted economy
grew at its slowest pace in a decade last quarter as
cash-strapped consumers went on strike, an urgent argument for
more monetary and fiscal stimulus as headwinds mount globally.. . .
04/09 Australia has met its 2020
target for generating electricity from large-scale renewable
energy a year ahead of plan, the country's clean energy
regulator said on Wednesday, even as wind and solar investment
has slowed.. . .
03/09 Woodside Petroleum
has offered the first Vincent crude cargo for export since
production resumed at the $1.9 billion Greater Enfield project
off western Australia, two trade sources with direct knowledge
of the matter said on. . .
03/09 Australia's central bank kept its
cash rate at an all-time low of 1% on Tuesday, expecting recent
back-to-back policy easing to boost broader economic growth in
coming quarters, though it left the door ajar. . .
03/09 Australian exporters enjoyed
bumper sales last quarter gifting the country its first current
account surplus in over four decades, however, wider economic
conditions remained sluggish as households crimped spending.. . .
03/09 Australian shares were poised to edge
lower on Tuesday as risk sentiment was subdued after China and
the United States began imposing new tariffs on each other's
goods, while investors also awaited the local. . .
02/09 Having raced to ramp up
lithium production over the past five years to exploit surging
prices, Australian producers are now scrambling to cut supplies
as prices plummet on falling demand in the world's top. . .
02/09 Australian house prices boasted
their biggest monthly gain since 2017 in August amid record low
interest rates and looser lending rules, a much-needed boost
just days before data are expected to show the economy. . .
02/09 Australian shares were little changed on
Monday as investors stayed cautious, contemplating the
after-effects of another round of tariff hikes in the festering
trade war between the United States and China.. . .
02/09 Australia's largest listed wealth
manager AMP Ltd on Monday appointed a former
Commonwealth Bank executive to a new role as Group
Whistleblowing Officer as it tries to regain customer trust
following damaging revelations of misconduct.. . .
02/09 Australia's Incitec Pivot Ltd, a
fertiliser and explosives producer, said on Monday it would
review its fertiliser business and lowered its operating profit
forecast due to drought and increased costs.. . .
30/08 South African retailer Woolworths Holdings Ltd reported a 2.1% drop in annual earnings on Thursday but cheered investors with a turnaround in its Fashion, Beauty and Home business that had weighed. . .
30/08 Australian shares looked set to rise on
Friday, in line with Wall Street peers, as China's optimistic
comments about trade negotiations with the United States buoyed
U.S. stocks. . .
29/08 South African retailer Woolworths Holdings Ltd reported a 2.1% drop in annual earnings on Thursday but cheered investors with a turnaround in its fashion, beauty and home business after fixing poor. . .
29/08 Australian shares notched meagre gains on
Thursday as investors held bets in the absence of major economic
news, while trade frictions and fears of global recession also
contained risk appetites.. . .
29/08 Australian investment bank
Macquarie Group finalised its biggest ever capital
raising of A$1 billion ($675.4 million) on Thursday at a small
discount to its stock's closing price before the deal was
launched.. . .
29/08 Australia's largest supermarket operator
Woolworths Ltd gave investors little cause for optimism
about a rebound in consumer sentiment as it reported a 9% rise
in annual underlying profit on Thursday.. . .
28/08 Australian investment bank
Macquarie Group has finalised its A$1 billion ($675
million) capital raising at A$120 a share after the deal was
closed to international investors early on Thursday, according
to three people with direct. . .
28/08 Virgin Australia Holdings
said on Wednesday it would cut 750 jobs, merge business
divisions and conduct a sweeping review of its operations after
swinging to an annual underlying loss due to soft market
conditions and. . .
28/08 Australian investment bank
Macquarie Group Ltd has targeted A$1 billion ($675.4
million) in its biggest capital raising to ramp up investment
and take advantage of expected asset price growth in renewable
energy, infrastructure and tech.. . .
28/08 Australian shares ended higher on
Wednesday, with investors favouring mining stocks over their
banking counterparts as a deepening U.S. debt yield curve
inversion raised concerns over margin pressure for lenders.. . .
28/08 Australian shares rose on Wednesday with
investors picking up resource stocks and pulling out of
financials, as a deepening U.S. debt yield curve inversion
clouds the margin outlook for banks.. . .
28/08 Australian construction spending
slid to its lowest in almost three years last quarter as a
deepening downturn in home building spread to other sectors and
posed a downside risk to growth across the economy.. . .
27/08 The Australian
government thinks there are opportunities to boost coal exports
to India. The Indian government wants to cut imports by half by
boosting domestic output. Funny thing is, both could turn out
to. . .
27/08 Australia's central bank would
consider unconventional monetary options if the cash rate was
cut to 0.5%, Deputy Governor Guy Debelle said on Tuesday, though
he hoped such heavy policy adjustments would not be needed.. . .
27/08 Australian shares closed higher on
Tuesday, recovering some of the ground lost in the previous
session after comments from U.S. President Donald Trump raised
hopes that the United States and China will de-escalate their
trade. . .
27/08 Pilbara Minerals Ltd
on Tuesday took a stake in its Australian lithium mine off the
market, cut its sales forecast and curbed spending plans amid a
downturn in the market for the battery raw. . .
27/08 Australian shares inched higher on
Tuesday, after comments by U.S. President Donald Trump raised
hopes for some de-escalation in the Sino-U.S. trade war,
persuading some investors to return to risk markets after a rout
in. . .
27/08 Hong Kong buying enquiries for
expensive Australian and New Zealand homes have ramped up due to
anti-government protests in the Chinese-ruled city, according to
property agents and real estate data, as wealthy investors look
for. . .
27/08 Australia's big banks will
face potential penalties within the next six months for
breaching money laundering laws, Australia's financial
intelligence agency head said on Tuesday.. . .
Complete the form below to recieve your daily selected share information straight to your inbox every evening. You only have to complete the form once. Data Privacy: We do not divulge your details to any third party service or product providers. All our emails provide unsubscribe options at the bottom.
Subscribe to get a summary of the day's market data and news sent straight to your inbox. Data Privacy: We do not divulge your details to any third party service or product providers. All our emails provide unsubscribe options at the bottom.