The Singapore stock exchange (SGX) has unveiled a multi-billion dollar bid for the company that owns the Australian Stock Exchange (ASX) in Sydney. If approved, the $8.3bn takeover would mark the first stock exchange merger in the Asia …
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Telstra announced plans to invest in its future today, and the share price plunged more than 10 per cent. Investors were shocked - shocked! - that a company would decide to hold on to some profit to invest in the development of the …
With Australia’s Liberal-National government in turmoil, the pseudo-left organisation Socialist Alternative is supporting an Australian Council of Trade ... past three decades has been bound up with the stock market boom and the suppression …
Sydney, Nov 30 (IANS) Resources weigh at Australia's open as the market traded lower ahead of a dump of economic data this week. At the 10.15 a.m. (AEDT) official market open, the benchmark S &P/ASX200 index was down 12.4 points, or …
Following last year’s launch of Australia’s first Islamic Australian equity fund, Thomson Reuters and Crescent Wealth have announced the launch of a specialised index that will give investors the means to build an Islamic-compliant Australian …
Sonic Healthcare's stock rose the most in more than nine months in Sydney trading today after the Australian Financial Review said Quest Diagnostics is considering bidding for the company. Sonic shares gained 3.4 percent, valuing …
CANBERRA, July 26 (Xinhua) -- The Chinese central government's recent intervention to stem the panic in the stock markets is justified because a strong signal needs to be sent to the markets and the government did this, James …
Concerns over Hungary’s ability to repay its debts and disappointing jobs figures from the United States weighed on the Australian stock market at the opening bell Monday. The ASX 200 slid 120 points, or 2.7 per cent, to 4,209. The …
The gold bull is just taking a giant breather during a very long bull market, which is the good news. To prove this correction is now a 'bear' market, gold would have to trade under the 2008 low and I strongly suggest this is unlikely. With the first …
The Australian stock market has bounced back after five consecutive days of falls, helped by gains in banking and mining shares. CMC Markets chief market strategist Michael McCarthy said the market is doing surprisingly well. "We have …