West Perth-based hedge fund NWQ Capital Management has revealed it will be targeting the huge US financial sector with a new offshore fund, on the same day it announced former Bennelong Funds director of consultant relationships Tara Bell would be appointed managing director of research.
Uranium miner Paladin Energy says it has started arbitration proceedings against its Chinese joint venture partner over complications with its plans to sell a stake in its Langer Heinrich mine.
ANZ Banking Group and Commonwealth Bank of Australia have raised mortgage rates, with all four of Australia's big banks now having moved out-of-cycle since the US Federal Reserve hiked its cash rate last week.
Todd Corporation-controlled BBI Group has signed an agreement with a Chinese firm for construction of the $6 billion Balla Balla iron ore project in the Pilbara.
Shares in infrastructure and mining services company Downer have fallen more than 20 per cent after institutional investors showed limited enthusiasm for a capital raising to help fund its $1.26 billion takeover of cleaning and catering firm Spotless Group.
New state Treasurer Ben Wyatt has labelled the latest recommended GST distribution "abysmal" and a threat to the state's finances after the Commonwealth Grants Commission recommended Western Australia receive 34.4 per cent of its per capita share.
A Singaporean investment group has taken a long-term view on Perth's hotels sector, shrugging off plunging room rates and a massive wave of new developments to purchase the Crowne Plaza Perth for $50 million.
Australian shares are sharply higher, bucking the lead from Wall Street which closed mostly flat due to concerns over a delay to President Trump's first major reform bill's passage through Congress
Li offers more trade, at a priceChinese Premier Li Keqiang has urged Australia not to take sides as happened during the Cold War, warning strategic tensions in the regi
The Australian dollar is lower against its US counterpart, and the yen and the euro, as the local currency underperforms while the greenback remains steady.
Oil prices have dipped, struggling to recover from four-month lows because of investor concerns that OPEC-led supply cuts were not yet reducing record US crude inventories.
Gold prices slip as the US dollar firms slightly, while palladium extends gains to hit a two-year high on economic data and demand from the automobile sector.
The appointment of Sam Walsh as a director of Mitsui & Company this week has brought attention to the usually low-profile Japanese multinational, which according to BNiQ Search Engine data has been a major investor in Western Australia’s resources industry and is one of the state’s largest exporters.
Two days after Harvey Norman rejected a claim that the Australian Securities and Investments Commission was reviewing its accounts, the retail giant has said the corporate watchdog is undertaking a “routine review”.
Freshly renamed Indian sandalwood producer Quintis has suffered another share price slide, prompting a query from the ASX, following short-seller Glaucus Research Group’s scathing report into the Nedlands-based business yesterday.
Rail freight operator Aurizon has brought in former Woodside Petroleum senior manager Tina Thomas as executive vice-president of human resources, as the company undertakes a new organisational structure.
The Western Force is calling on the public to purchase $10 million worth of shares in the club in what it has labelled a “last call” to save it from being cut from the Super Rugby competition.
Biogas and hydrogen could be injected into distribution networks to partially replace natural gas for use by industry and households within decades, according to a report released today b
Representatives from some of the world’s most innovative companies will touch down in Perth next week to share their insights into the ‘internet of things’ at Perth’s inaugural eight-day Festival of the Web.
Perth-based explorer Alara Resources has signed an offtake agreement for copper from its Al Hadeetha project in Oman, with the deal including a $US6 million ($A7.8 million) pre-payment.
Weakness in Western Australia’s residential construction sector is throwing up significant challenges for building product manufacturers, weighing on the profits of ASX-listed outfits Brickworks and Boral.
