Scandinavian Tobacco Group A/S completes the acquisition of Mac Baren Tobacco Company A/S

Yahoo Finance AU
Centrelink warning for millions of Aussies: ‘Need to do’
Services Australia has issued a reminder for Centrelink recipients this tax time. Here’s what you need to know.
Yahoo Finance AU
Major ATO warning as more than $100,000 vanishes from worker's super: 'Violated'
Aaron's confusion turned to terror after discovering someone had drained his superannuation account.
Yahoo Finance AU Video
Tax warning as Aussies hit with $7,000 ATO bills
Instead of getting a refund, you might actually owe money to the Australian Taxation Office this year. Here’s why.
Yahoo Finance AU
ATO warning for easily forgotten tax claims
Even if you haven't worked this financial year you may still be required to lodge a tax return. Find out more here.
GOBankingRates
I’m a Bank Teller: 7 Reasons You Shouldn’t Keep More Than $3,000 in a Checking Account
Many people simply leave a large chunk of money in their checking accounts and let it sit there. But is that the best move? Probably not. GOBankingRates spoke to Rachael P., a seasoned bank teller who...
GOBankingRates
I’m a Self-Made Millionaire: 3 Investments I’ll Make in the Second Half of 2024
Becoming a millionaire is the dream, one that can become a reality even for those who were not born into affluent families. According to The Ascent, roughly 8.8% of the American population is a...
Simply Wall St.
Exploring Dividend Stocks: Choosing One Over Hakuhodo DY Holdings
Investing in dividend stocks is a popular strategy for those seeking regular income from their investments. However, it's crucial to examine the sustainability of these dividends. Companies like Hakuhodo DY Holdings, with high payout ratios, may indicate financial pressures that could jeopardize future dividend payments.
Fortune
Nvidia will win the race to a $4 trillion market cap—but the long-term big tech battle might be different, experts say
“I think, a year from now, we [will] have three $4 trillion market cap companies: Nvidia, Apple, Microsoft,” Wedbush tech analyst Dan Ives told Fortune.
NewsWire
Slip shows dark turn in Aussie housing
Demand in Australia’s housing market could be easing off, with a shock fall in new lending commitments.
Bloomberg
Bitcoin’s Mt. Gox Swings Add to Signs of Rocky Crypto Rebound
(Bloomberg) -- Bitcoin skidded anew on concern about possible sales of the token by creditors of the failed Mt. Gox exchange, fueling doubts about the remaining impetus in a crypto bull run that began last year.Most Read from BloombergMicrosoft Orders China Staff to Use iPhones for Work and Drop AndroidBoeing to Plead Guilty to Fraud for Violating Deal Over 737 Max CrashesBiden Narrows Gap With Trump in Swing States Despite Debate LossMorgan Stanley’s Wilson Says a 10% Stock Market Correction Is
South China Morning Post
China's tech boom powering AI career coup, with finance muscled out at top of salary pyramid
China's rapidly expanding artificial intelligence (AI) sector has nudged aside finance to top the country's salary rankings for the second quarter of 2024, as Beijing's push for self-sufficiency in tech and the rush to capitalise on the industry's global popularity are helping firms in the field outpace the banks, funds and brokerages that have tended to offer the highest-paying jobs. Propelled by an explosion of demand as businesses race to develop and trial AI applications, jobs in this sector
Investing.com
Gold prices dip from 1-mth high; Powell, CPI awaited for more rate cues
Investing.com-- Gold prices fell slightly in Asian trade on Monday as traders awaited more cues on U.S. interest rates from a testimony by Federal Reserve Chair Jerome Powell and key inflation data due through the week.
Simply Wall St.
Three Japanese Exchange Growth Companies With Insider Ownership As High As 35%
Japan's stock markets have recently shown robust performance, with indices like the Nikkei 225 and TOPIX reaching new heights amid favorable economic data. In this context, exploring growth companies with substantial insider ownership can offer unique insights into firms that potentially have aligned interests between management and shareholders.
Associated Press Finance
Paramount and Skydance merge, signaling end of a family reign in Hollywood and the rise of new power
The entertainment giant Paramount will merge with Skydance, closing out a decades-long run by the Redstone family in Hollywood and injecting desperately needed cash into a legacy studio that has struggled to adapt to a shifting entertainment landscape. It also signals the rise of a new power player, David Ellison, the founder of Skydance and son of billionaire Larry Ellison, the founder of the software company Oracle. Shari Redstone's National Amusements has owned more than three-quarters of Paramount’s Class A voting shares through the estate of her late father, Sumner Redstone.
Yahoo Finance Video
Rate cuts will give a boost to commercial real estate: CEO
Marcus & Millichap (MMI) CEO Hessam Nadji joins Catalysts to give insight into bank loans, the commercial real estate (CRE) market, and what real estate investors need to keep in mind. Nadji comments on CRE investing at a time when experts worry a crisis could be looming for the sector: "As a lot of people went on the sideline, the astute investor was in the market making offers, maybe not executing transactions, but being in the front end of where the prices would adjust to the point where they made sense. If you look at multi-family [housing], for example, we've seen 20 to 25% price correction in most cases." He continues: "So when you see a good asset in a market, you want to be in as an investor at those price points, you almost don't care about the interest rate. You almost don't care about the fact that the loan that you would take on would be at a much higher interest rate today than two and a half years ago, because interest rates will come in at some point." For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino
Sky News
Bank of England rate-setter casts doubt on August cut
Hopes of a summer interest rate cut have been knocked by a member of the Bank of England's rate-setting committee. Jonathan Haskel said he wanted to keep interest rates on hold because inflation pressures remain in the jobs market, according to the text of a speech he is due to deliver at King's College London later on Monday. "I would rather hold rates until there is more certainty that underlying inflationary pressures have subsided sustainably."
Reuters
Analysis-Investors chart possible moves as pressure mounts on Biden
With doubts growing about whether President Joe Biden will remain a candidate for re-election in 2024, some investors are preparing to game out potential economic scenarios and trades if a stronger Democratic candidate emerges. Bond yields rose following Biden's stumbling performance against Republican rival Donald Trump in the first presidential TV debate last month. Growing speculation that Trump would regain the White House on Nov. 5 pushed investors to anticipate higher fiscal deficits and inflationary policies.
Reuters
Archegos collapse driven by 'lies and manipulation,' US prosecutor says as trial nears end
NEW YORK (Reuters) -The 2021 collapse of Sung Kook "Bill" Hwang's Archegos Capital Management was driven by "lies and manipulation," a federal prosecutor told a Manhattan jury on Monday at his criminal trial over the $36 billion private investment fund's failure. Jurors heard closing arguments from the prosecution and defense in Manhattan federal court in the trial of Hwang and Patrick Halligan, his Archegos deputy and co-defendant. The trial centers around the implosion of Hwang's family office Archegos - a spectacular collapse that left global banks nursing $10 billion in losses and, according to prosecutors, caused more than $100 billion in shareholder losses at companies in its portfolio.
Insider Monkey
Tesla, Inc. (TSLA): The Best Stock to Buy According to Reddit’s WallStreetBets?
We recently compiled a list of the 10 New Stocks Reddit’s WallStreetBets Is Buying. In this article, we are going to take a look at where Tesla, Inc. (NASDAQ:TSLA) stands against the other WallStreetBets-approved stocks. The surge of the Internet and the easy access to financial information, courtesy of the personal computing revolution, means that […]
CNN Business
John Deere to lay off roughly 600 employees from three US factories
The farm-equipment manufacturer will lay off about 600 employees across three US factories as it shifts production to a newly planned facility in Ramos, Mexico.

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Scandinavian Tobacco Group A/S completes the acquisition of Mac Baren Tobacco Company A/S

Latest stories

Centrelink warning for millions of Aussies: ‘Need to do’

Major ATO warning as more than $100,000 vanishes from worker's super: 'Violated'

Tax warning as Aussies hit with $7,000 ATO bills

ATO warning for easily forgotten tax claims

I’m a Bank Teller: 7 Reasons You Shouldn’t Keep More Than $3,000 in a Checking Account

I’m a Self-Made Millionaire: 3 Investments I’ll Make in the Second Half of 2024

Exploring Dividend Stocks: Choosing One Over Hakuhodo DY Holdings

Nvidia will win the race to a $4 trillion market cap—but the long-term big tech battle might be different, experts say

Slip shows dark turn in Aussie housing

Bitcoin’s Mt. Gox Swings Add to Signs of Rocky Crypto Rebound

China's tech boom powering AI career coup, with finance muscled out at top of salary pyramid

Gold prices dip from 1-mth high; Powell, CPI awaited for more rate cues

Three Japanese Exchange Growth Companies With Insider Ownership As High As 35%

Paramount and Skydance merge, signaling end of a family reign in Hollywood and the rise of new power

Rate cuts will give a boost to commercial real estate: CEO

Bank of England rate-setter casts doubt on August cut

Analysis-Investors chart possible moves as pressure mounts on Biden

Archegos collapse driven by 'lies and manipulation,' US prosecutor says as trial nears end

Tesla, Inc. (TSLA): The Best Stock to Buy According to Reddit’s WallStreetBets?

John Deere to lay off roughly 600 employees from three US factories