Yesterday
Fundies ring the bell on lithium prices after protracted rout
The rebound in ASX lithium stocks extended into Thursday’s session, with traders scrambling to reposition for further gains in prices for producers.
- Alex Gluyas
Nine CEO exits; Trump doubts new debate; Putin threat boosts uranium
Read everything that’s happened in the news so far today.
ASX to rise, Nvidia’s 8pc surge helps offset dashed rate cut hopes
Australian shares are set to open higher. Nasdaq rallies 2.2pc, S&P 500 climbs 1.1pc. US August CPI data points to more gradual rate-cutting cycle. Iron ore rebounds.
- Updated
- Timothy Moore
This Month
- Opinion
- Chanticleer
Trump v Harris could ‘absolutely’ change rate cuts story
It’s hard to escape inflation and interest rates – as much as stock pickers would love to just focus on business models.
- Anthony Macdonald
Trump meets Harris; RBA’s jobs boom warning; Pub buyer probed
Read everything that’s happened in the news so far today.
ASX chairman Damian Roche retires amid CHESS fallout
His departure comes shortly after ASIC sued the sharemarket operator, alleging it misled investors about how badly the critical upgrade was going.
- Lucas Baird and James Eyers
ASX to edge up, tech rebound offsets Wall St bank woes
Australian futures reversed earlier losses. Oracle rallied on its results, lifting the Nasdaq and S&P 500. Oil plunged anew. US August CPI pending.
- Updated
- Timothy Moore
NextDC raises $750m for Asia land grab, racing AirTrunk
NextDC is cashing in on investors’ exuberance for data centres, raising $750 million to ride the euphoric mood set by its rival AirTrunk’s $24 billion deal.
- Tess Bennett
Blackwattle ruffles feathers with new trading policy
In an “open letter to Australia’s investment management industry”, wealth firm Blackwattle has formally sworn off personal trading.
- Myriam Robin
- Opinion
- Chanticleer
ASX investors are stuck between a rock, CBA at $143, and a hard place
CBA shares above $140 and China’s wobbles have sent investors heading towards the ASX’s third bucket: industrials. That puts their management teams under pressure.
- Anthony Macdonald
ATO labels Mighty Craft payout a ‘token’
The Tax Office wanted administrators of collapsed drinks group Mighty Craft to pursue a better deal than one where unsecured creditors get less than 1¢ in the dollar.
- Simon Evans
- Opinion
- Chanticleer
Di Pilla prepares to break IPO drought with mystery fourth float
The rise of private capital is one of the big forces in markets globally. That doesn’t mean listed markets have to be left behind, says the HMC Capital boss.
- Anthony Macdonald
Chalmers open to RBA deal; Khuda’s migration push; $6trn PE squeeze
Read everything that’s happened in the news so far today.
ASX to rise, US stocks find some buyers
Australian shares are set to open higher. The Dow paced a modest buy-the-dip rally in New York. Apple lags as new iPhone detailed. Bitcoin rebounds.
- Timothy Moore
- Opinion
- Chanticleer
Westpac’s new CEO is the Goldman money man cut from a different cloth
Plenty of investment bankers try to make it in Australia’s big four banks but few get there. Anthony Miller was always different.
- Anthony Macdonald
Solomon Lew axes Smiggle boss John Cheston
The executive, who had already quit to defect to retail chain Lovisa, has been accused of “serious misconduct” by his former employer, which he denies.
- Carrie LaFrenz
ASX slumps; Westpac gets new CEO; Boomers drive luxe apartment demand
Read everything that’s happened in the news so far today.
- Exclusive
- Retail
Billionaire Brett Blundy plots new brand to relive lingerie glory days
The businessman was behind the Bras N Things chain, which was sold to Hanes for $500 million, and Honey Birdette, acquired by Playboy for $443 million.
- Carrie LaFrenz
Wall Street’s ESG backlash does little to dent Australia’s enthusiasm
Analysis from Jarden shows ASX-listed groups increased their mentions of environmental, social and governance commitments in the last earnings season.
- Joshua Peach and Joanne Tran
- Opinion
- Chanticleer
Office values drop 22pc in two years. When will they bottom?
That is a big fall in defensive, long-life assets. It’s part working from home, part interest rates. It can’t continue forever, but it hasn’t slowed yet.
- Anthony Macdonald
