Today
- Opinion
- Chanticleer
Start-up founders take us back to basics. It’s refreshing
It’s refreshing to hear from founders and their investors who aren’t tied up in corporate spin. Their stories are about survival.
- Anthony Macdonald
Profits finally run over by the interest rates truck
Somehow, corporate profits and margins beat expectations at the February reporting season. A spate of downgrades this week shows cost pressures and softening demand is finally biting.
- Anthony Macdonald
Woolworths, CSL among ASX giants that should sell foreign assets
A wave of Australian companies are ditching their overseas businesses to bring capital back to Australia. MST Marquee says there are more that should do the same.
- Alex Gluyas
ASX to rise, Nvidia rout gathers momentum
Australian shares are set to open higher. Oil retakes $US86 a barrel. Nvidia sheds 6.7pc. Bitcoin tumbles near 8pc, trading below $US59,000. S&P 500 slips.
- Updated
- Timothy Moore
Yesterday
ASX-listed uranium miner seeks to build $5.26 billion global giant
Paladin Energy has pitched a takeover of Toronto-listed Fission Uranium to bring its proposed Canadian mine into production by 2029 to meet global demand.
- Elouise Fowler
- Opinion
- Chanticleer
Cettire’s 50pc crash a story of life in the fast lane
Cettire founder Dean Mintz will push on; that’s what founders do. While he looks at China, the capital markets game rages.
- Anthony Macdonald
Kean gets top climate job; Cettire dives 44pc; Myer’s huge expansion
Read everything that’s happened in the news so far today.
ResMed sinks as drug trial sparks Ozempic-style sell-off
New results from Eli Lilly’s weight-loss treatment have traders reaching for the sell button, but analysts aren’t so sure.
- Updated
- Joshua Peach
- Exclusive
- AI
Aussie brothers’ AI firm worth $120m as big name backers invest
Melbourne-based Affinda has built AI-based software used by numerous big companies around the world, it has doubled its valuation in 18 months with well-known investors.
- Paul Smith
This Month
Rural Funds eyes further sales of farms to cut debt and risk
Rural Funds COO Tim Sheridan says the trust may look to sell half-stakes in other cattle, cropping and macadamia properties it currently owns and operates.
- Larry Schlesinger
ASX to fall as RBA’s inflation problem rattles nerves
Shares are set to start the week down 0.2 per cent with investor nerves tested by monthly inflation data and RBA deputy governor Andrew Hauser’s assessment of the economy.
- Cecile Lefort
- Opinion
- Chanticleer
In Canadian giant PSP v Aware Super, who wins?
There are very different ways to make 10 per cent a year. We compare Canada and Australia’s third-biggest super funds, with a combined $470 billion in assets.
- Updated
- Anthony Macdonald
- Opinion
- Chanticleer
Two charts show why RBA is discussing rate increases, not cuts
Australia is in pretty rare company and that’s not necessarily a good thing. What the bank needs if it is to stamp out goods inflation is a stronger Australian dollar.
- Anthony Macdonald
S&P 500 slips, Nvidia paces semiconductor slide
The S&P 500 ended modestly lower as semi stocks pared some of their advance. BofA broadly positive on China’s economic outlook.
- Updated
- Timothy Moore
CBA rally threatens to dethrone BHP as ASX top stock
A 25 per cent rally in the country’s largest bank has placed it within striking distance of the miner, which has been Australia’s most valuable listed company for more than two years.
- Updated
- Joshua Peach and Tom Richardson
GyG’s winning bank; PM addresses gas risk; It’s Bullock v burritos
Read everything that’s happened in the news so far today.
ASX to rise, S&P 500 struggles near record highs
Australian shares are set to edge higher as futures reversed direction. Nvidia, Apple and Tesla pulled back, dragging on the Nasdaq. S&P 500 briefly tops 5500.
- Updated
- Timothy Moore
- Updated
- Cryptocurrencies
Launch of ASX’s first bitcoin ETF sparks price war
The launch on Thursday morning has drawn a strong response from competitors operating on a rival exchange.
- Updated
- Joshua Peach
Guzman’s three FOMO factors put life into IPO market
As soon as you walked into the listing ceremony on Thursday, you could tell the stock was going to pop. It’s time to dust off those float candidates.
- Anthony Macdonald
Guzman lists on ASX; Dutton ‘to reveal nuke costs’; Secret GYG winner
Read everything that’s happened in the news so far today.
