News

Singapore backs AUKUS subs

The local share market has finished down 0.15 per cent, while Bitcoin and gold were close to breaking their all-time record highs against the US dollar.

FBR has announced it will team up with German manufacturing company Liebherr, as plans to deploy its building and construction robot units, dubbed Hadrian X, to the US continue.

ASX-listed Peppermint Innovation announced it has raised $1.1m to maximise various artificial intelligence and customer service opportunities.

Weaker sales figures in the retail sector are a warning sign ahead of national growth figures, the treasurer says.

‘Don’t force China issues on us’

The ASX200 has risen 0.6 per cent to finish above 7,700 for the first time amid optimism around global markets and risk-on sentiment.

Galena Mining has announced it will remain in suspension until the strategic review to tweak its capital restructure and enhance shareholder value has concluded.

Marcos ‘will not yield’ to China

Uranium explorer Boss Energy is getting closer towards producing its first drum of yellowcake at the company's flagship Honeymoon uranium project in South Australia.

Lender and second-hand goods retailer Cash Converters has announced it recorded a $9.9 million statutory net profit after tax during the first six months of the 2024 financial year.

The Australian share market has hit a record in intraday trading, before closing at its second-highest level after rallying all afternoon.

ASX-listed Novo Resources has announced sweeping changes at leadership level

Zhaojin Capital is continuing in its bid to take over Tietto Minerals, with the China-based company re-extending its offer period for the third time since January 4.

Chalmers warns over weak growth

The local share market has closed essentially unchanged after a cooler-than-expected inflation readout reinforced the case that the RBA is done with rate hikes.

Minderoo Foundation has pledged $5 million towards demining agricultural land in Ukraine, adding to its support for the war-torn country.

Demographer Simon Kuestenmacher canvassed entitlement, skills shortages and urban sprawl in his GRDC forum speech.

Coles closes in on Woolies

Subiaco-based Boss Energy has acquired a 30 per cent stake of the Alta Mesa ISR uranium project, located in the American state of Texas, for $US60 million, or $A91.5 million.

The ASX200 finished 0.1 per cent higher amid strong gains for Coles, Reece and the banking sector.

In a bid to increase transparency and equality, the gender pay gaps at some of Australia's largest employers have been revealed for the first time.

Bonuses, overtime fuel 19pc gap

Mineral exploration company Western Yilgarn will raise $1.15 million, after expressing a desire to further exploration activities at two of its Western Australian-based projects - Ida Holmes Junction and Julimar West.

After alternating between gains and losses all day, the ASX200 finished up 0.1 per cent despite losses in the energy sector.

Spatial data services provider Veris has announced an 7.9 per cent reduction in revenue during the first half of the 2024 financial year, citing multiple factors.

Deep Yellow has the potential to become a multi-mine uranium producer by 2028, according to managing director and chief executive officer John Borshoff.

ASX-listed Siren Gold will raise $2.2 million in a bid to further fund exploration activities at several of its projects in New Zealand.

As Australians continue to struggle with the price of groceries and mortgages, the government has urged senators to quickly pass its reformed tax cuts.

Pay rises main inflation driver

Global Uranium and Enrichment has announced it will raise $6.15 million in order to fund drilling programs at its Maybell and Tallahassee uranium projects in the US.

The Australian share market finished 0.4 per cent higher on Friday, following double-digit gains for Block, Aussie Broadband, Brainchip and Appen.