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June 5, 2024
Australian shares trimmed early gains on Wednesday after data showed the economy slowed to a crawl in the March quarter, with losses in mining stocks countering advances in the banking, healthcare,...
May 31, 2024
Austal Ltd has secured a $516 million contract to construct the lead ship of the United States Navys ocean surveillance program, T-AGOS 25, the Australian defence shipbuilder said in an exchange...
May 31, 2024
Malaysias state energy firm Petroliam Nasional reported a near 11% decline in first-quarter post-tax profit on Friday due to higher operating costs and lower realised prices. (Reporting by Sameer... -May 31, 2024 at 03:30 am EDT - MarketScreener
May 29, 2024
BHP Group said on Wednesday it had proposed a range of socioeconomic measures to address the concerns of Anglo American over its 38.6 billion pounds offer, and that it believes it needs more time to...
May 29, 2024
BHP Group said on Wednesday it believes it needs more time to engage with takeover target Anglo American, a week after the London-listed miner rejected its 38.6 billion pounds offer. ...
May 29, 2024
(Reuters) -BHP Group said on Wednesday it believes it needs more time to engage with takeover target Anglo American, a week after the London-listed miner rejected its 38.6 billion pounds ($49.20 billion) offer. BHP, the world's largest listed mining gr...
May 6, 2024
(Reuters) -Australia's Westpac Banking Corp reported a 16% drop in its first-half net profit on Monday as intense lending competition and higher costs squeezed its margins. It also announced an increase of A$1 billion ($660.90 million) to an existing s...
May 5, 2024
(Reuters) -Australian bank Westpac declared a special dividend on Monday and raised its share repurchase program by A$1 billion ($661 million) citing a strong balance sheet even as its first-half profit fell by 16% on intense competition and high costs. Traditionally beneficiaries of rising interest rates, the country's so-called Big Four lenders have spent the past year sacrificing margins to write new home loans and paying more to depositors, narrowing their closely watched "net int...
May 5, 2024
Australias Westpac Banking Corp reported a 16% drop in its first-half net profit on Monday as margins are squeezed by intense lending competition and higher costs. It also announced an increase...