Trump Tariffs Fail To Dent China Trade Data
China’s trade data for September was again better than many analysts and others had expected, with an especially strong export performance with the US.
Read MoreChina’s trade data for September was again better than many analysts and others had expected, with an especially strong export performance with the US.
Read MoreOops, there’s $800 million or so off the value of the proposed Nine Entertainment takeover of Fairfax Media after downbeat market updates from both companies on Friday (especially Nine) ahead of the release of documentation for the deal.
Read MoreFor the second day in a row, Wall Street fell heavily as bonds pared back some of their losses on Thursday. The yield on the key 10 year US Treasury bond ended at just over 3.14% – it was above 3.26% on Monday.
Read MoreClever timing from Fortescue Metals with its somewhat surprising news that it was going to conduct a 12 month $A500 million share buyback.
Read MorePackaging giant Amcor has provided a well-timed trading update for the start of its 2018-19 financial year.
Read MoreWall Street slides, Asia and Europe follow, billions of value wiped off shares, especially tech stocks of all sizes, analysts got nutso, should we be worried?
Read MoreThe worst day for Wall Street since the big sell-off in February as the slide in tech giants accelerated, led by Amazon and Netflix.
Read MoreShares in pet and vet group, Greencross Limited yesterday jumped more than 17% on confirmed market speculation that the underperforming company remains a target of private equity groups.
Read MoreLed by BGH, the consortium is seeking to buy all the outstanding shares in Navitas, offering $5.50 cash a share. That’s a 26% premium to the company’s closing price on Tuesday.
Read MoreDifferent approaches yesterday to dairy product pricing for farmers from Fonterra, the world’s biggest exporter – up for Australia, but down for New Zealand.
Read MoreBanking analysts at Morgan Stanley have lifted their estimate for customer remediation costs for the banks to $3 billion over the next two years, up from an earlier forecast of just $500 million.
Read MoreThe Australian sharemarket is now in negative territory for the year after slumping to another nasty loss yesterday for the second day in a row.
Read MoreAccording to the latest business survey from the National Australia Bank, economic activity and business conditions seemed to have stabilised, trimming what looked like a a month ago to be a slowdown that was coinciding with the downturn in the pace of job creation.
Read MoreCBA has promised, “further action to improve its wealth businesses” including the rebating of grandfathered commissions which will cost the bank around $20 million.
Read MoreAll over bar the shouting after Gina Rinehart’s Hancock Prospecting has won the battle for control of struggling iron ore miner Atlas Iron.
Read MoreChinese shares sold off yesterday, more than 4% at one stage in the wake of last week’s holidays, more trade war tough talk from the US and the move by the Chinese central bank.
Read MoreHold out shareholders have forced Ramsay Healthcare to lift its offer price for Sweden’s Capio by nearly 20% to more than $1.2 billion.
Read MoreThe ANZ has revealed more than $800 million in additional costs for customer compensation as the bill for the big banks and AMP from the royal commission continues to mount.
Read MoreShares in accounting software group MYOB Group surged yesterday after it told the ASX that private equity firm KKR & Co had offered to buy shares it does not already own in the cloud services provider.
Read MoreThe September ANZ Job Ads series has confirmed the slowdown in new jobs growth that has emerged from the Australian Bureau of Statistics Labour Force data in recent months.
Read MoreOil prices ended weaker on Friday, as the market continued to question the ability of the world’s major producers to make up for losses of Iranian crude exports tied to Donald Trump’s pending US sanctions.
Read MoreAmerica’s third-quarter earnings season kicks off this week with 7 S&P 500 companies reporting, led by a trio of giant banks in the shape of JPMorgan, Wells Fargo and Citigroup on Friday.
Read MoreWith the trade war between President Donald Trump and China still echoing, the latest economic data from the world’s second-biggest economy will start flowing this week and first up it will be the trade data for the month and the quarter.
Read MoreAnalysts are expecting Coles to reveal a solid rebound when it reports on its first-quarter sales a week today.
Read MoreThe ASX is heading for a weak start today after Wall Street sold off again on Friday as the surge in US interest rates overwhelmed the jobs report for September.
Read MoreRising US bond yields will again dominate Wall Street this week and other markets as investors grapple with the most significant rise in yields since February of this year.
Read MoreChina’s central bank has cut the reserve requirement ratio for most commercial banks for the 4th time in 2018 as it seeks to offset the slowing pace of economic activity.
Read MoreBrisbane-based Collins Foods plans to open at least 50 Taco Bell stores after the success of its first outlet in the Brisbane suburb of Annerley.
Read MoreAustralia’s trade surplus in the first eight months of 2018 is running more than 17% ahead of 2018 as higher prices for thermal coal, LNG and resilient iron ore prices combine with a weaker Aussie dollar to boost export income.
Read MoreNo special dividend for shareholders in the Bank of Queensland this year after the Brisbane-based bank revealed a less than stellar 2017-18 full year result yesterday.
Read MoreDespite all the angst and silly stuff that has been written about falling house prices and a property price crash, the largest area of investment (and approvals), owner-occupied housing remains solid, even if the strength is fading a little.
Read MoreShares in rare earth group, Lynas Corp yesterday shook off news that the Malaysian would investigate the company’s rare earth processing plant.
Read MoreEight months after getting publicity for requesting the share register of Myer Holdings, the struggling department store chain, Solomon Lew and his Premier Investments are at it again.
Read MoreBHP shares have hit a seven-year high after prosecutors in the Brazilian state of Minas Gerais state said they reached a final compensation deal regarding the fatal 2015 dam collapse.
Read MoreShares in rare earth group, Lynas Corp look sure to come under more pressure after a Malaysian government minister confirmed that it would investigate the company’s rare earth processing plant.
Read MoreQuietly, in a major change of policy, the Chinese government has bowed to concerns about rising energy costs and supply and drastically softened its tough rules on coal and steel production.
Read MoreThere’s $US500 billion missing at General Electric, or that’s the market value of Facebook, or half that of Apple.
Read MoreSteady as she goes from the Reserve Bank yesterday with yet another month of unchanged interest rates.
Read MoreThe fallout from the Hayne royal commission continues to spread beyond the AMP which so far has been the main victim of disclosures of weak or possible criminal activity that has seen $4 billion wiped off its market value this year.
Read MoreAgricultural products and pesticides group, Nufarm has received a vote of confidence from big shareholders who paid a premium to the company’s rights issue share price in filling the institutional component of its fully underwritten 3 new shares for every 19 held $303 million fundraising offer at $5.85 a share.
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