Macquarie sees 32% profit fall, blames market volatility and low-achieving 'green investments'

Macquarie Bank has shaved more than 30 percent off its net profit in the final quarter of the 2024 financial year (FY 2024), compared to the same time last year, with executives speaking cautiously about market volatility and @lower asset realisations’ from green investments, but ...

Krakatoa soars above 54% on niobium-REE discovery in WA

Krakatoa Resources has seen its shares go skywards on news of a new niobium and rare earth element gravity target identified at its Mt Clere project in Western Australia.

Market Open: Climbing into the weekend

The ASX200 is tipped to rise about half a per cent on open this morning, following a night of well-received earnings reports on Wall Street and relief around interest rates. All three US indexes made gains, although the standout was the Nasdaq, which added 1.5%.

RLF agtech falls on cap raise for LiquaForce acquisition

WA farming innovations company RLF Agtech Ltd (ASX:RLF) has seen its shares plunge nearly 6 per cent to 6.5 cents, after announcing it’s raising $3 million at 6 cents to buy the assets of a family-owned Queensland fertiliser business in a $4.5 million deal.The acquisition of Liqua...

Market Close: ASX steams uphill to deliver slim gains to the station

The ASX200 closed up .2 of a per cent with IT @ gaining almost a per cent @ carrying a load burdened by the weight of Staples, which plunged 2.5%, and Telecommunications, 0.8%.In the greenBB1Digital healthcare pioneer BlinkLab (ASX:BB1) is up 5%, on its partnership with US-based Turning Pointe Au...

PEXA Group expands partnership with NatWest to fast-track UK property transactions

PEXA Group, a data insights business, has announced plans to further its strategic partnership with UK-focused banking organisation NatWest.

Market Update: ASX lukewarm in mid-morning trade

The ASX200 is up nearly half a per cent.It’s been a mixed bag mid-session: financials and industrials are up around a per cent, whilst consumer staples has shed nearly 2.5%Australia’s March trade surplus has clocked its lowest value since November of 2020 as export...

Oz econ indicators: record low surplus spells budget trouble; housing approvals below target risk CPI hike

We've gotten two pieces of ABS data today: one on international trade, and another on housing. Both have their red flags.

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 Singaporean - duke it out with takeover offers.