The impressive resurgence of the humble Birkenstock brand culminated in its IPO overnight. But there's a reason it stumbled on debut.
Jack Derwin
Markets and finance correspondent
Jack has worked as a business reporter for the better part of a decade, filing from Mexico, Spain, New Zealand and the Pacific. He has previously reported for The Asahi Shimbun, the second largest newspaper in the world, Business Insider and 7News amongst others.
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Bell Rock is ratcheting up pressure on Whitehaven's CEO and board but it's unclear whether its campaign is resonating with other investors.
It has just 20 clients, invests in both listed and unlisted assets and is led by a trio in their 40s. TDM is not just one of Australia's most successful and exclusive funds. It's also one of the most interesting.
Small cap stocks in Australia and elsewhere are trading at their lowest valuations relative to large caps in decades.
A sharp selloff in US bonds has upended the narrative that has dominated financial markets this year.
Emma Quinn, who heads up CBOE in Australia, wants to bring something different to local investors.
The coal miner is getting its ducks in a row as it prepares to attempt a transformational acquisition.
A spate of drought-busting IPOs in the US has ignited hopes the market for new listings could reopen in Australia. And the biggest of those is Virgin.
ASX-listed broker Selfwealth came within a whisker of defying ASIC to launch crypto trading alongside equities. But bad luck and timing brought the plan undone.
Whitehaven director Raymond Zage is a low-profile powerbroker whose history stretches from Nathan Tinkler to Grindr.
A simmering dispute between the coal producer and a UK hedge fund Bell Rock has spilled into full public view.
Artificial intelligence will transform the economy, but those on the cutting edge say the risks are overblown.
You can learn a lot about finance from football, GQG portfolio manager Brian Kersmanc says.
UK hedge fund Bell Rock is preparing to escalate its campaign against Whitehaven Coal over its interest in acquiring BHP's coal mines.
Uranium stocks had a strong week on the ASX as nuclear enters the energy debate abroad — and increasingly, in Australia.
Oaktree and Spire Capital are preparing to scoop up great businesses on the cheap.
Two of Australia's investment titans have have expressed markedly different views on one of the biggest topics currently dominating markets.
The prominent fund manager and noted 'permabear' has a typically stark message for investors.
After taking on America’s biggest share trading platform, Webull is now turning its attention to Australia where it wants a piece of a market still dominated by CommSec.
Despite being a share trading business, Selfwealth owes its first ever profit to cash in the bank.
Investors are split over an emerging group of fat loss treatments and their market implications.
Two years ago, buy now pay later companies were among the hottest on the ASX. Today, many have fallen back to earth, fallen off the exchange, or fallen over entirely.
After 15 years, Qantas finally has a new CEO. But is Vanessa Hudson getting a poisoned chalice?
Trevor Gurwich, portfolio manager at the $US213 billion American Century investments, thinks artificial intelligence is about to set off a wave of booms and busts.
Rarely professional, Chad might just be what the networking platform needs most.
New analysis suggests the Spirit of Australia would have coped just fine with a little more competition.
An obscure micro-cap miner just landed one of the biggest names in finance, as the former RBA deputy governor joined the Fortescue exodus.
Individual investors rushed headlong into markets during the pandemic. Now, they're nowhere to be seen.
How does it feel to see the government do anything to protect your biggest rival and its record profits? Ask Virgin Australia.
Andrew 'Twiggy' Forrest may have ambitions of changing the world, but right now his biggest challenge appears to be hanging on to executives at Fortescue.
If you truly believe in a business, you should be able fight for it, says ECP's Jared Pohl.
The outgoing Qantas CEO has defended the government's decision to block Qatar Airways from adding flights to Australia.
The groceries giant's CEO Brad Banducci was forced into an awkward exchange over executive bonuses following fatalities in its stores.
You can't win a cent playing them, but gambling giants have hit the jackpot with smartphone slot machine games.
Australian businesses are beginning to fret as the global coworking giant reveals there is “substantial doubt” over its future.
The Australian winemaker has been stockpiling Penfolds as it hopes for return to China.
The world’s largest tech company and the nation’s biggest bank are locked in a battle for Australian wallets.
