Wall Street stocks have risen, with the Nasdaq leading the way following reports of a possible $US23 billion acquisition of chipmaker Micron and big gains by Google and others.
Euroz has announced its second expansion move in the funds management sector in the space of a week, with the launch of a partnership with Melbourne-based Flinders Investment Partners.
US stocks have powered higher, joining a global equity rally after Greece reached a tentative new bailout deal that would avoid the country dropping out of the eurozone.
The Australian dollar is lower after the greenback strengthened following an agreement in Europe for a new debt bailout deal between Greece and its creditors.
Euroz has halved its dividend after recording a $7.1 million net loss for the 2015 financial year, on the back of poor performance in its investment arm and modest profits in its stockbroking division.
There is no prize for guessing that iron ore companies have plunged to the bottom of the resources component of this year’s TSR survey; but what is interesting is the rise of uranium hopefuls, despite few signs of an imminent increase in the uranium price.
Qantas, the biggest ASX-listed company to make the top 100 using total shareholder returns as the yardstick, was also the biggest surprise, with the airline delivering an eye-catching one-year return for investors of 151 per cent.
It has been a tough year for WA’s once-vaunted resources stocks, as our annual TSR survey reveals. Click through to see more on our Shareholder Returns feature.
The Aussie dollar is likely to fall to around US70 cents by the end of the year in response to higher US interest rates and sliding commodity prices, UBS predicts.
The Australian share market has rebounded from its early losses due to big gains by the miners, strength on China's market and better-than-expected jobs figures.
Singapore-founded property crowdfunding business CoAssets wrapped up its first day of trading on the Newcastle-based National Stock Exchange of Australia today, with its shares closing flat at 10 cents each.
Financial planning technology group Decimal has formed a partnership agreement Perth-based P&N Bank as it seeks to expand its service offering to a broader range of members.
