Finance and markets
This earnings season, investors are looking for companies backtracking from climate commitments, while fund managers are applying added scrutiny to ESG strategy.
The bank's trading update today completed a picture of a sector in good health. But bank shares remain extremely expensive — even for the banks themselves.
A week dominated by activity on — and scandals surrounding — the ASX ended fittingly with results from the national stock exchange operator itself.
There are conflicting messages in this week's earnings and employment data — not the best news for those betting on a rate cut this year.
Fresh insider claims suggest the ASX's tech problems were widely known inside and outside of the company - long before they were acknowledged by it and regulators.
ASIC alleges Australia's primary exchange not only failed to keep the market informed but knowingly misled it. "The ASX is going to be an international laughing stock," said one former market official.
Private credit is one of the hottest asset classes in Australia, and now a Senate inquiry will look into how it could boost home ownership.
A 15 month ASIC investigation into a bungled technology project revealed “collective organisational failure” at the exchange operator.
The biotech company, one of the largest on the ASX, saw its share price drop despite strong profit growth. Here are three reasons why.