Southwest Airlines sees deeper Boeing impact, huge mining merger rejected with copper’s rise in the spotlight, and other news to start your day.
Philip Lowe warned the fight against inflation 'isn't done' yet.
Amazon stock shares are up a whopping 76% in the past year, as of May 6. What's more, the company reported strong first quarter earnings on April 30, with operating income of $15.3 billion, according...
The Reserve Bank of Australia (RBA) has kept the cash rate on hold at a 12-year high of 4.35 per cent.
Peter King warned more Aussies would have to be unemployed if mortgage holders want to see some relief.
(Reuters) -Australian bank Westpac raised its share repurchase programme by A$1 billion ($661 million) and declared a special dividend on Monday citing a strong balance sheet, even as its first-half profit fell 16% on tight competition and high costs. Traditionally beneficiaries of rising interest rates, the country's so-called Big Four lenders have spent the past year sacrificing margins to write new home loans and paying more to depositors, narrowing their closely watched "net interest margin". Westpac's net interest margin slipped to 1.89%, down 7 basis points from a year earlier, while net interest income remained largely flat at A$9.13 billion.
Homeowners are feeling the pinch of the cost-of-living crisis, with the number of loans past due at ANZ increasing double digits.
A Victorian judge has been told to undergo counselling for making "pejorative, demeaning and incongruous" comments about a rape victim.
BHP's plan to divest the South African assets of its target Anglo American are key to the strategy behind the proposed takeover and is expected to be a part of any revised offer, investors briefed on the miner's thinking said. The "Big Australian" was rebuffed by its smaller rival on April 26 after submitting a $39 billion takeover proposal, in a plan seen as complex because it required Anglo to offload its shares in Kumba Iron Ore and Anglo American Platinum (Amplats) to Anglo American's shareholders before any deal took place. Anglo American owns 78.6% of Amplats and 69.7% of Kumba.
Former U.S. President Donald Trump's media and technology company said it had replaced its auditor, BF Borgers, after the U.S. Securities and Exchange Commission (SEC) charged the accounting firm with "massive fraud" on Friday. Trump Media & Technology Group said in a filing with the SEC on Monday that it had switched to Semple, Marchal & Cooper on Saturday. The change was recommended and approved by the company's audit committee.
Despite netting a $3m pay package over the 2023 financial year, Australia’s highest paid bureaucrat has moved on to the private sector.
Working in retirement is often a completely different experience than "having to work" during a traditional work career. For many seniors, working in retirement is enjoyable and has huge mental and...
Qantas will begin making remediation payments of $225 to $450 to customers after settling its flight cancellation lawsuit with the ACCC.
As global markets navigate through a mix of economic signals, with Hong Kong's Hang Seng Index recently witnessing a notable rise, investors are keenly watching the performance and potential of dividend stocks in this vibrant financial hub. In light of current market conditions, understanding the stability and yield offered by select Hong Kong dividend stocks can provide valuable insights for those looking to enhance their investment portfolios.
Aussies have been warned to get it right the first time or face the consequences.
It hasn't been the best quarter for Big River Industries Limited ( ASX:BRI ) shareholders, since the share price has...
Amidst a backdrop of fluctuating inflation rates and cautious monetary policies, the Canadian market, like its U.S. counterpart, remains a focal point for investors seeking stability and potential growth. As recent economic indicators suggest ongoing uncertainty in rate cuts and inflation management, dividend stocks emerge as appealing options for those looking to generate steady income from their investments in these turbulent times.
Australia's tax office has sought from crypto currency exchanges the personal data and transaction details of up to 1.2 million accounts as it looks to crack down on users who may be failing to pay their taxes amid a rising interest in digital tokens. In a notice issued last month, the Australian Taxation Office (ATO) said the data will help identify traders who had failed to report the exchange of crypto assets, or when they sold it for currency and used it to pay for goods or services. The crypto industry's complex nature can lead to a genuine lack of awareness of the tax obligations, the ATO said.
(Bloomberg) -- For the first time in nearly a generation, fixed income is living up to its name.Most Read from BloombergIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortJack Dorsey Leaves Bluesky Board, Calls X ‘Freedom Technology’At $2 Million Per Minute, Treasuries Mint Cash Like Never BeforeEx-Trump Controller Says Cohen Repaid From Personal AccountS&P 500 Extends Gains in Final Minutes of Trading: Markets WrapThis, at a certain level, is simply the consequence of benchmark rates in t
Key Insights Using the 2 Stage Free Cash Flow to Equity, BlueScope Steel fair value estimate is AU$36.31 BlueScope...
Momentum Metropolitan Holdings' (JSE:MTM) stock is up by 3.0% over the past month. Given that stock prices are usually...
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