Coles Says in Talks to Acquire Greencross Pet Wellness From TPG
Coles Says in Talks to Acquire Greencross Pet Wellness From TPG
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Data#3 Price Target Raised 8.7% to A$10.00/Share by Morgan Stanley
Data#3 Price Target Raised 8.7% to A$10.00/Share by Morgan Stanley
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Data#3 Downgraded to Equal-weight from Overweight by Morgan Stanley
Data#3 Downgraded to Equal-weight from Overweight by Morgan Stanley
South Korea's Exports Post Biggest Surge Since 1978
By Kwanwoo JunSouth Korea's exports were powered by the unabated demand for advanced chips to fuel the global artificial-intelligence boom, resulting in their largest increase in nearly five decades.The sharp rise in exports came days after the South Korean government--together with top memory-chip…
South32 Shares Up 9.1% in Sydney After Alcoa Aluminum Deal
South32 Shares Up 9.1% in Sydney After Alcoa Aluminum Deal
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Yen Weakens Vs. Dollar; Market Remains on Alert for Possible FX Intervention — Market Talk
The yen weakens against the dollar in early trade, with the market remaining on alert for possible FX intervention. The dollar-yen pair rose to a fresh 40-year high, which is "leaving markets on watch for stronger verbal warnings or outright intervention from Japanese authorities," NAB's Taylor Nug…
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Redox Downgraded to Equal-weight from Overweight by Morgan Stanley
Redox Downgraded to Equal-weight from Overweight by Morgan Stanley
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Redox Price Target Raised 14% to A$4.00/Share by Morgan Stanley
Redox Price Target Raised 14% to A$4.00/Share by Morgan Stanley
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U.N. Staves Off Financial Collapse With Rule Change Around U.S. Nonpayment — WSJ
By James T. AreddyThe United Nations said it will avoid imminent financial collapse by changing a budget rule that had forced it to come up with hundreds of millions of dollars in recent years, primarily because of nonpayment by the U.S. or late payments from China.For 75 years, the U.N. has been r…
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Gold Holds Steady in Bearish Consolidation Zone — Market Talk
Gold holds steady in early Asian trade. The yellow metal has now entered a medium-term bearish consolidation zone below $4,115 an ounce--the major 38.2% Fibonacci retracement of the rally over October 2023-January 2026, says Swissquote Bank's Ipek Ozkardeskaya in a note. This suggests that a deeper…
Alcoa Buys South32 Aluminum Assets in Up to $5.6 Billion Deal — Update
By Rhiannon Hoyle and Elias SchisgallAlcoa has agreed to buy South32's bauxite, alumina and aluminum operations across Australia, Brazil and South Africa in a cash-and-stock deal valued at up to $5.6 billion.The deal secures the prized bauxite and alumina assets near Alcoa's own plants in Western A…
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Mitchell Services Price Target Raised 9.1% to A$0.60/Share by Morgans
Mitchell Services Price Target Raised 9.1% to A$0.60/Share by Morgans
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Mitchell Services Upgraded to Speculative Buy from Accumulate by Morgans
Mitchell Services Upgraded to Speculative Buy from Accumulate by Morgans
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Aristocrat's Bull Calls Out AI-Accelerated Development — Market Talk
Aristocrat Leisure's bull at Citi calls out the slots maker's use of artificial intelligence to accelerate product development as a key point of interest in its investor day. After a quick look through Aristocrat's investor presentation, analyst Adrian Lemme draws clients' attention to the company'…
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Nikkei Rises 2.3%, Led by Electronics, Tech Stocks — Market Talk
Japanese stocks are higher thanks to continued hopes for growing artificial intelligence-related demand and following gains in U.S. technology shares. Electronics and tech stocks are leading gains. Tokyo Electron is up 4.9% and SoftBank Group is 3.8% higher. The dollar is at 162.65 yen, compared wi…
NEWS dow-jones
Nikkei Rises 2.3%, Led by Electronics, Tech Stocks — Market Talk
2012 ET - Japanese stocks are higher thanks to continued hopes for growing artificial intelligence-related demand and following gains in U.S. technology shares. Electronics and tech stocks are leading gains. Tokyo Electron is up 4.9% and SoftBank Group is 3.8% higher. The dollar is at 162.65 yen, c…
NEWS dow-jones
IMF Says New Zealand Rates Need to Rise
By James GlynnSYDNEY--The International Monetary Fund has called for higher interest rates in New Zealand to contain inflation, while admitting the economy has been hit hard by oil shocks.In its latest report card on the state of play in the South Pacific economy, the IMF said policy makers face di…
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JGBs Fall, Tracking Declines in U.S. Treasurys — Market Talk
JGBs fall in the morning Tokyo session, tracking overnight price declines in U.S. Treasurys. Both JGBs and Treasurys tend to move in tandem. JGB prices may also be weighed down by ongoing yen weakness, which typically leads to higher import prices and inflation in Japan and could prompt the Bank of…
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South Korea's Kospi Opens 1.4% Higher at 8591.50
South Korea's Kospi Opens 1.4% Higher at 8591.50
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Magellan Shareholders Will Vote on Name Change in October
Magellan Shareholders Will Vote on Name Change in October