Healthcare, Telstra and commodity-based shares are doing their best to lift the Australian market after a flat opening, but lingering unease from Wall Street, and losses for the big banks, have prevented significant gains.
Navitas co-founder and former managing director Rod Jones has backed an indicative takeover bid for the education services company led by Australian private equity giant BGH Capital.
The S&P 500 and the Nasdaq have risen on Tuesday, boosted by a rebound in technology stocks, but gains, including on the blue-chip Dow Jones Industrial Average, were kept in check by concerns on slowing global growth.
Oil prices have risen about one per cent on growing evidence of falling Iranian crude exports before the imposition of new US sanctions, as well as a partial production shutdown in the Gulf of Mexico because of Hurricane Michael.
Woodside Petroleum has picked Texas-based Bechtel as the most likely contractor to build a new LNG train at its Pluto facility near Karratha, but has hit a hurdle in approvals for an associated fly-in fly-out camp.
The McGowan government will introduce its levy on foreign buyers of residential property after the WA Greens and One Nation parties supported the plan.
Australian stocks have put in another weak performance as healthcare and other global sectors caused the ASX to lag, hovering just above 6000 percentage points at the close for the second day.
The University of Western Australia's new trading room has been named as the education project of the year at the annual AV Awards in London, beating out entries from the University of California and the Qatar National Library.
BCI Minerals has confirmed it is in discussions with multiple parties over the sale of its Pilbara iron ore assets, including three current producers and one aspiring port developer.
The state government has announced it will proceed with the sale of gaming agency TAB and introduce a new 15 per cent consumption tax on all betting in Western Australia.
West Australian Supreme Court judge Joseph McGrath and former Australian Public Service commissioner Lynelle Briggs have been appointed to lead the federal government's aged care royal commission, which is expected to take 18 months.
Gold-focused Kin Mining has announced plans to raise up to $10.4 million via an entitlement offer, while also revealing it has received interest for potential acquisition deals.
Gina Rinehart's Hancock Prospecting plans to focus on how to integrate Atlas Iron's operations into its existing business after acquiring more than a 90 per cent shareholding in the struggling iron ore miner.
Fooduction is an online marketplace app where users can buy takeaway food items from nearby local restaurants and other establishments (with a licensed home kitchen).
A global sell-off has pushed Australian shares lower again at the open, with healthcare and energy shares dragging on the market, and the banks and miners flat.
US stock indexes were lower on Monday, pressured by a drop in technology and energy companies and muted appetite for equities after last week's spike in Treasury yields following healthy economic data.
Oil prices almost fully recovered from a sharp drop overnight, paring losses as investors bet China's economic stimulus moves would lift crude demand in the world's number two economy.
Gold fell to its lowest level in a week overnight as investors sought safety in the US dollar on concerns about a selloff in global stocks worsened by worries over economic growth in China.
Tighter lending conditions likely after the banking royal commission will be a hurdle for business brokers who are seeing a slow improvement in their market.
Sue and Mat Daubney's Bannister Downs Dairy officially opened its $20 million-plus robotic milking operation and tourism centre at the weekend, with the pair cutting a special ribbon with major investor Gina Rinehart.
Perth-based Quantify Technology Holdings has announced a $4 million capital raising to progress the commercialisation of the company's flagship device.
Ian Murray has been appointed non-executive chairman of gold producer Gascoyne Resources, two months after announcing his retirement from Gold Road Resources.
