Finance

1112 posts

Westpac tracks lower in profits in first half of 2024, with a 16% yoy drop amid slowing economy

Westpac Banking Corporation has reported a 16 percent drop in net profit (to $3.342 billion) for…

Macquarie profits fall 32% on ‘market volatility’ and low-achieving ‘green investments’

Macquarie Group Ltd (ASX:MQG) has shaved more than 30 percent off its net profit in the final quarter of the 2024 financial year

Namoi Cotton shares leap 13% on French-Singaporean bidding war

Namoi Cotton shares jump 13 percent as two agribusiness giants - one French and the other…

BHP confirms £31.1B takeover bid for Anglo American

BHP HAS confirmed its offer to takeover fellow mining giant Anglo American plc, following press speculation…

Judo Bank’s lending book officially hits $10B as UBS issues caution on Big 4

Judo Bank has reported that its lending book now reflects $10B only five years after winning…

Rinehart snaffles major stake in REE-producer Lynas

Lynas Rare Earths has added a significant investment boost to its future, with WA magnate and…

Boart Longyear to disappear from the Australian market

Drilling services company Boart Longyear has announced that its securities would be suspended from close of…

Suncorp Group sells NZ life insurance business

Suncorp Group sells its New Zealand life insurance 'Asteron Life Limited', to Resolution Life NOHC, in…

Fed keeps rates on hold, with downward pressure on inflation still the focus

The United States Federal Reserve on Wednesday cited inflation concerns as its main reason for keeping…

Arafura jumps 60% after Canberra provides $800M to NT REE play

Arafura has posted a jump of 66 percent in share value after securing federal government funding…