Finance and markets
A newly registered company linked to a Brisbane pharmacy group has become the secured holder of a seven-figure loan made to StrongRoom AI last year.
The millionaire factory is no stranger to changing tack in search of higher returns. This time around, that means shifting a lot of money into private markets.
Macquarie Group has exited its public markets business in Europe and the US to free up capital for expansion in private markets and alternative assets.
The hedge fund's CEO has moved to quell concerns after it emerged that portfolio managers and traders are facing a steep financial hit from a disastrous biotech bet.
The corporate regulator warned there "will be more failures in private credit investments, and Australian investors will lose money".
The massive wave of post-Hayne remediation may be complete, but banks continue to grapple with new issues — costing valuable time and hundreds of millions of dollars.
AI customer support startup Lorikeet just closed its third funding round — but CEO Steve Hind says the real secret to raising capital is rarely shared by VCs.
Nvidia's stock slump worsened overnight as it became even more embroiled in Trump's trade war. But the chipmaker still has a very strong story to tell.
The sudden resignation of two independent directors at the troubled miner has incensed investors, super funds and proxy advisory firms alike.
Today's sudden resignation of two independent directors came just hours after Capital Brief revealed increasing pressure for accountability over the company's scandals.
