A bumper year for minerals exploration has pushed WA-based IPOs to the top of the table and outperform others during 2021.
Evolution Mining boss Jake Klein says WA is “deferring the inevitable” by keeping its border closed and says the challenge of COVID in the workplace “can be managed”.
The energy group says it can no longer contemplate development activities in Myanmar because of “the ongoing situation”.
Investors have extended the ASX losing streak after the Australia Day public holiday and are tracking for the worst week in almost two years.
Market analysts have raised concerns about Mineral Resources’ ability to achieve higher prices for its iron ore.
An Australian pharma company that's developing a nasal spray to fight colds, is set to list on the stock exchange on Friday.
Tesla has reported fourth-quarter results that beat Wall Street estimates, setting a record for the electric-car maker, but warned supply-chain troubles will limit production into 2022.
Dana Hull, Sean O’Kane and Gabrielle Coppola
Federal Reserve Chair Jerome Powell says the central bank is ready to raise interest rates in March and didn’t rule out moving at every meeting to tackle the highest inflation in a generation.
Olivia Rockeman and Craig Torres
US stocks whipsaw between steep losses and modest gains. Equities end well off session lows, where the S&P 500 flirted again with confirming a correction.
Saxo Bank’s first energy quarterly outlook for the year has forecast ‘quality names’ on the ASX to outperform the rest of the market, particularly with interest rates likely to rise this year.
Major superannuation funds are likely to hike member fees to recover millions of dollars they say they will need to invest if Federal Government changes to proxy advice proceed.
To cope with COVID-fuelled demand, a number of companies have turned to non-traditional avenues such as business coaching for support with handling the influx of new customers.
Microsoft shares fell in late trading after the software giant reported decelerating demand for Azure corporate cloud-computing services, sparking concern about the company’s growth.
Bitcoin snapped a five-day slide as a late rally in US equities suggested that investors were retaining some degree of risk appetite following the recent rout in global markets.
Emily Nicolle and Akayla Gardner
The billionaire has still to declare his hand in IGO’s $1.1 billion agreed takeover bid for Western Areas
December quarter inflation data shows rising fuel and home construction prices pushed Perth’s inflation is growing at its fastest rate since 2001.
The hyper-competitive buy now, pay later space is set for more changes, with a leading Australian firm eyeing up the purchase of its US-focused rival.
Big four lender Westpac will upskill more than 800 bankers in environmental, social and governance issues to educate customers and support the push towards a net zero economy.
Danielle Le Messurier
ASIC has rubbed out Perth corporate promoter and recycler Ananda Kathiravelu for three years following his conviction for share ramping.
Rio Tinto has agreed a $US2.4 billion ($3.4b) deal to forgive the Mongolian government’s share of debt for the construction of the Oyu Tolgoi copper mine in the country.
Shares plummeted to their second-steepest fall of the year on the ASX and a higher than expected inflation reading added to fears of higher rates.
Myer has joined a growing list of high-profile retailers to warn that the rapid spread of Omicron in the Eastern States in the lead-up to the vital Christmas trading period is likely to hit its bottom line.
Fortescue Metals Group sees some costs remaining high even after WA’s eventual border reopening.
Sean Smith and Daniel Newell
S&P 500 gains 0.31 per cent; Nasdaq Composite gains 0.71 per cent; Dow Jones Industrial Average rises 0.32 per cent.
© West Australian Newspapers Limited 2022