Tower withholds final dividend after weather-related costs
Tower, the New Zealand-based insurer, will not pay a final dividend due to the substantial costs incurred from storms, floods, and cyclones in early 2023.
Read MoreTower, the New Zealand-based insurer, will not pay a final dividend due to the substantial costs incurred from storms, floods, and cyclones in early 2023.
Read MoreWT Financial Group (ASX:WTL) expands its footprint with the acquisition of Millennium3. Founder and Managing Director Keith Cullen discusses synergies and growth strategies in the dynamic financial advisory sector.
Read MoreInflation data from the United States has reinforced the belief in a Goldilocks-style soft landing for the economy in the coming year.
Read MoreStocks rose Wednesday after yields briefly fell to their lowest level in two months, and the November market rally broadened into the Thanksgiving holiday.
Read MoreIn a surprise announcement late Tuesday, Warren Buffett's company, Berkshire Hathaway, revealed it has received a letter detailing what appears to be his successor and the trustees of his huge fortune, valued at more than $118 billion (more than $180 billion AUD).
Read MoreGlobal oil prices steadied in early Asian trading on Thursday after slumping earlier in the session due to the surprise news that an OPEC+ meeting had been postponed by four days to the following week.
Read MoreIn a recent development, Citi analysts have upgraded their short-term iron ore price forecast to a staggering US$140 per tonne, citing China's anticipated fiscal stimulus measures.
Read MoreAhead of the start of the real "Black Friday" sales season in the US, the third-quarter reports from some of America's major retailers have been less than stellar, indicating the need for a significant end-of-year push.
Read MoreJonathan Fisher serves as the CEO of Cauldron Energy (ASX:CXU). Cauldron Energy is primarily engaged in exploration activities, with a specific focus on uranium and critical minerals in the Western Australia region.
Read MoreWestgold Resources (ASX:WGX) has raised eyebrows in the mid-cap mining sector with the announcement of a $100 million revolving credit facility. This news comes at a time when the company boasts $217 million in cash and liquid assets at the end of the first quarter.
Read MoreMoneyspot, a lending entity specialising in short-term financial solutions, offers fast online personal cash loans to address immediate financial requirements.
Read MoreLittle Green Pharma (ASX:LGP) chief executive Paul Long attests to official data showing the rapid uptake of medical cannabis in Australia – albeit with some informal anecdotal observations.
Read MoreBusiness media and market chatter had the New Zealand pharmaceutical and animal products giant, EBOS (ASX:EBO), poised to finalise a $3.75 billion acquisition of the Greencross animal care group.
Read MoreAustralia's stock markets remained stable ahead of the Thanksgiving Day holidays in the United States.
Read MoreSims Ltd, the scrap metal recycler, has received inquiries from potential buyers regarding its UK scrap metal business. The company initially announced a review of its UK operations during its annual results briefing and commentary in August. Yesterday, Sims informed the ASX that it had been approached by undisclosed parties interested in the business.
Read MoreFund Manager Chris Pedersen looks at CSL (ASX:CSL), Nufarm (ASX:NUF), IPH (ASX:IPH) and charts on China risks.
Read MoreA snapshot of the stocks on the move, featuring Helix Resources (ASX:HLX), 4DMedical (ASX:4DX) and Westar Resources (ASX:WSR).
Read MoreAustralian shares are currently trading higher, with strong gains in mining stocks and utilities helping offset a fall in tech stocks following results from chipmaker Nvidia.
Read MoreStocks were down Tuesday as traders assessed the latest Federal Reserve meeting minutes, where officials gave no indication of interest rate cuts.
Read MoreIn a recent development, Chinese-backed mining company MMG has successfully acquired the Canadian firm Cuprous Capital, the owner of Botswana's Khoemacau copper mine.
Read MoreThe Fed's latest policy meeting minutes were predictably a touch hawkish—indicating rates would stay higher for longer. One commentary described it as 'a slight tightening bias.' However, gold bounced back over $2,000 an ounce on Comex, gaining 1% on the day.
Read MoreOil prices retained the bulk of a two-day surge, with global benchmark Brent briefly surpassing $82 a barrel, driven by heightened speculation that OPEC+ may consider further supply cuts at its upcoming meeting this weekend.
Read MoreInflation poses a significant challenge for the Reserve Bank and Governor Michele Bullock, according to the minutes of the bank's recent policy meeting, where interest rates were raised.
Read MoreThe Australian sharemarket saw gains driven by mining stocks and rising iron ore prices due to China's additional stimulus measures.
Read MoreFortescue Metals (ASX:FMG) will commit more than $1.1 billion ($US750 million) to its first three projects on the list of ambitious plans to become a major force in hydrogen and renewable energy.
Read MoreIVE Group Limited (ASX:IGL) Executive Chairman Geoff Selig and CEO Matt Aitken present at the group's FY23 annual general meeting.
Read MoreThe IVE Group (ASX:IGL) AGM held recently underscored the company's robust performance throughout the fiscal year ending June 2023.
Read MoreBrisbane-based TechnologyOne (ASX:TNE) will pay a special 3 cents per share dividend on top of its ordinary final payout, following a 16% increase in net earnings to just over $130 million for the year ending in September. This rise exceeded the company's forecasted 10% to 15% increase in net earnings.
Read MoreBlueScope Steel (ASX:BSL) has announced that its December half-year results are expected to surpass the company's earlier forecasts, as outlined in its October 20 guidance.
Read MoreA snapshot of the stocks on the move, featuring Pure Resources (ASX:PR1), CuFe Ltd (ASX:CUF) and WT Financial Group (ASX:WTL).
Read MoreAustralian stock markets commenced the day with upward momentum, mirroring the positive trend seen on Wall Street. This surge was primarily attributed to Microsoft's strong performance, which ignited a significant rally in the largest technology companies in the United States.
Read MoreStocks jumped Monday to start a holiday shortened week, boosted by strong tech gains led by Microsoft and Nvidia.
Read MoreInvestors have given a big thumbs-up to the surprise news that Lucapa Diamond (ASX:LOM) has halted the feasibility study for its Merlin project in the Northern Territory. In a statement to the ASX, the company blamed what it called “unfavorable capital market and diamond price environments.” Instead, it said it would start small and try to build a mine while focusing on strengthening its financial strength.
Read MoreABX Group (ASX:ABX) Managing Director Mark Cooksey speaks about rare earth resources, advancing sustainable aluminum production with promising growth for investors in the coming months.
Read MoreOn Monday, energy stocks were the primary drivers of ASX's upward movement, despite a generally uneventful start to the week.
Read MoreChina's central bank kept its key one-year and five-year loan prime rates unchanged for November on Monday.
Read MoreThe Australian Securities and Investments Commission and the Reserve Bank of Australia (RBA) have welcomed the recent announcement by the Australian Securities Exchange regarding its solution design to replace the Clearing House Electronic Subregister System.
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