Yesterday
‘Don’t get up at 2am’: Exhausted fundies sit on cash as war rages
As stocks and bonds swing wildly and traditional haven assets slump, investors are sitting on the sidelines as fatigue sets in.
PM says fuel supply ‘remains secure’; NextDC ices $500m deal; 24 days to disaster
Read everything that’s happened in the news so far today.
ARN may demand Kyle Sandilands repay cash from doomed $100m deal
Kyle Sandilands’ barrister said there was no need for a royal commission into the 54-year-old’s career. Kiis FM owner ARN Media may want one.
Xero inks Anthropic deal, insisting AI can help software giants
The ASX-listed accounting platform developer will embed Claude tools into its system, allowing users to automate tasks like chasing unpaid invoices.
This Month
Here are two ASX stocks that are about to go on a tear
Alphinity’s Stuart Welch names a tech stock that is undervalued, reveals the stocks he’s recently sold and explains why he’s still bullish on the miners.
Investors to splash $23b on battered ASX as BHP, CBA pay out
Australia’s biggest companies are paying out billions in dividends over the next fortnight that could turbocharge a rebound in the sharemarket.
Wartime inflation shock ‘catastrophic’ as fertiliser, plastics soar
The soaring price of lesser known commodities from the Iran war is a double whammy for farmers and manufacturers that have already been hit by the oil shock.
Labor backs above-inflation minimum wage rise; Frustration within government over fuel; Markets ignore energy shock
Read everything that’s happened in the news so far today.
Macquarie’s last-minute sprint to March 31 balance date
If Macquarie manages a clean, quick sale of its European smart meter business, it will have pulled a rabbit out of a hat.
The ASX is a defensive bet. So why has it fizzled during the Iran war?
Investors usually look to the Australian sharemarket as a safe haven. But this month it tanked, as the Middle East conflict hurt miners and the big banks.
The ASX miners to own amid Australia’s diesel crisis
Mining companies with underground operations are less reliant on the fuel than those with large-scale open-cut projects.
Bank investors ‘should run for exit’ if Middle East conflict worsens
Bank sector analysts expect ANZ, Westpac, and National Australia Bank to top up their bad debt provisions when they announce interim results in May
Kiwi AI farming start-up worth $2.9b as Peter Thiel invests
A New Zealand start-up looking to eradicate farm fencing is now valued at $US2 billion after the Silicon Valley giant’s VC arm led a $315 million funding round.
Firmus tees up non-deal roadshow around the globe ahead of IPO
The company’s management is scheduled to meet with potential investors across the US, UK and Asia, as well as make domestic pit stops.
‘Brace for swings on every tweet’: Investors bamboozled by peace talks
Stocks were supposed to soar on Tuesday. Instead, the ASX finished up just 0.2 per cent as jittery traders await Donald Trump’s next move.
Qantas cuts Jetstar services to New Zealand as fuel costs soar
While the airline has stopped short of the big changes forced on some competitors, it has trimmed the schedule for its low-cost carrier.
BlackRock cuts US stocks as energy ‘wreckage’ looms
The world’s largest fund manager is preparing for prolonged market disruption from the Middle East conflict and has warned investors against undue optimism.
Australia’s diesel crisis plunges ASX mining stocks into bear market
Fund managers have been dumping stocks amid worries that mines are about to run out of fuel, which would lead to higher costs and could even curtail production.
Reece pushes 36pc price rise on plastic pipes in building cost shock
The bathroom and plumbing giant is one of several construction materials suppliers warning that the war in the Middle East is forcing big cost increases.
Relegation day: Lendlease dropped from ASX 100
The company that once dominated Australian construction and development has yet to recover from a decline that started more than two decades ago.
