China's Manufacturing PMI causes concern: ASX closes 1.6% lower

China's Manufacturing PMI causes concern: ASX closes 1.6% lower

02 Jan 2019 - Australian shares took a dive this afternoon after China's December manufacturing report disappointed – more on this later. Commonwealth Bank is leading the market lower with an over one per cent fall, followed by the three other maj...
Finance News Network

More Videos by Finance News Network

Global climate strike kicks off: Aus shares to open higher

Global climate strike kicks off: Aus shares to open higher

20 Sep 2019 - The Australian share market looks set to open higher following strong leads from the US. Overnight the OECD released an interim economic outlook report projecting the weakest annual growth rates since the financial crisis. Cedar Wood...
Oil continues to slip after shortfall from Saudi attacks: Aus shares close 0.5% higher

Oil continues to slip after shortfall from Saudi attacks: Aus shares close 0.5% higher

19 Sep 2019 - It has been a positive day of trade for the ASX. After a rise at the open it manage to track sideways to close 0.5% higher. Shares in Speedcast International (ASX:SDA) and Bega Cheese (ASX:BGA) rose. Brickworks (ASX:BKW) today announ...
Jobless rate rises on last month: ASX tracking 0.8% higher at noon

Jobless rate rises on last month: ASX tracking 0.8% higher at noon

19 Sep 2019 - The ASX rose at the open and managed to maintain momentum - it's now tracking 0.8% higher at noon. The Australian dollar dipped on the news the jobless rate has increased on last month. Shares in Brickworks (ASX:BKW) are on the rise ...
Independence Group report fatality at its Nova Operation

Independence Group report fatality at its Nova Operation

19 Sep 2019 - Independence Group NL (ASX:IGO) suspended operations at its Nova Operation earlier this week after a fatality at the site.
AVITA Medical study shows RECELL helps acne scars

AVITA Medical study shows RECELL helps acne scars

19 Sep 2019 - Regenerative medicine company AVITA Medical (ASX:AVH) has had a study into treating acne scars published in Aesthetic Plastic Surgery by the Department of Plastic Surgery at Peking Union Medical College Hospital exploring the use of ...
Electro Optic Systems hit back at capital raise rumours

Electro Optic Systems hit back at capital raise rumours

19 Sep 2019 - Electro Optic Systems (ASX:EOS) reports that speculation in the Australian Financial Review regarding a capital raise in the near term is unfounded and incorrect.
Washington H. Soul Pattinson and Company report fall in NPAT

Washington H. Soul Pattinson and Company report fall in NPAT

19 Sep 2019 - Diversified investment house, Washington H. Soul Pattinson and Company (ASX:SOL) today announced the Group’s results for the full year ended 31 July 2019, reporting a net profit after tax (NPAT) of $247.9 million for the year, down 7...
Air New Zealand targeting earnings of $350m-$450m

Air New Zealand targeting earnings of $350m-$450m

19 Sep 2019 - Air New Zealand (ASX:AIZ) released their investor update for August saying that based upon current market conditions and assuming an average jet fuel price of US$75 per barrel, the airline is targeting earnings before taxation to be ...
Recce Pharmaceuticals (ASX:RCE) scales production

Recce Pharmaceuticals (ASX:RCE) scales production

19 Sep 2019 - Recce Pharmaceuticals Limited (ASX:RCE) Executive Director, James Graham provides an update on the company's lead product RECCE 327, including its progress with manufacturing, securing patents and presenting to a global audience.
Trump on Fed: ‘No guts’ after small interest rate cut: ASX set to open slightly higher

Trump on Fed: ‘No guts’ after small interest rate cut: ASX set to open slightly higher

19 Sep 2019 - Following weak leads from US markets, the ASX looks set to open slightly higher this morning. The Federal Reserve cut interest rates by a quarter of a percentage point for the second time this year. Traders were left disappointed aft...
OFX Group to partner with Link Market Services: Aus shares close 0.2% lower

OFX Group to partner with Link Market Services: Aus shares close 0.2% lower

18 Sep 2019 - OFX Group to partner with Link Market Services. Aus shares close 0.2% lower. Abacus Property Group (ASX:ABP) has appointed Trent Alston to the Abacus Board effective from today. He has over 30 years of experience in the real estate a...
Leading Index growth rate deteriorates: ASX tracking 0.1% lower at noon

Leading Index growth rate deteriorates: ASX tracking 0.1% lower at noon

18 Sep 2019 - The ASX rose at the open only to drop in the last few hours of trade. It's now tracking 0.1% lower at noon. Tech stocks were higher at the open and are still leading the sectors. Charter Hall Group (ASX:CHC) today announced that it h...
Centuria Metropolitan REIT buys A-grade offices in Sydney and Perth

Centuria Metropolitan REIT buys A-grade offices in Sydney and Perth

18 Sep 2019 - Centuria Property Funds, as Responsible Entity for the Centuria Metropolitan REIT (ASX:CMA), is pleased to announce the acquisition of interests in two A-grade office properties in fringe CBD locations across Sydney and Perth for a t...
NetLinkz to establish an IoT lab in Tokyo

NetLinkz to establish an IoT lab in Tokyo

18 Sep 2019 - NetLinkz (ASX:NET) will establish an Internet of Things Laboratory in Tokyo, Japan to develop its source code for the Japanese market.
Link Market Services build partnership with OFX Group

Link Market Services build partnership with OFX Group

18 Sep 2019 - OFX Group (ASX:OFX) today announced an exclusive strategic partnership with Link Market Services (ASX:LNK), where OFX will become Link’s preferred partner in Australia for international payments such as dividends and corporate action...
ClearVue Technologies announces breakthrough in panel size

ClearVue Technologies announces breakthrough in panel size

18 Sep 2019 - Smart building materials company ClearVue Technologies (ASX:CPV) is pleased to announce that it is now able to almost double the size of the panels produced.
Salt Lake Potash completes pilot plant test works at Lake Way salts

Salt Lake Potash completes pilot plant test works at Lake Way salts

18 Sep 2019 - Salt Lake Potash (ASX:SO4) has completed the Pilot Plant test work of the Lake Way salts at the Saskatchewan Research Council.
Adriatic Metals appoints a new MD and CEO

Adriatic Metals appoints a new MD and CEO

18 Sep 2019 - Adriatic Metals (ASX:ADT) has appointed Paul Cronin as Managing Director and Chief Executive Officer of the Company.
Oil sinks as Saudi Arabia pushes for recovery: ASX set to open higher

Oil sinks as Saudi Arabia pushes for recovery: ASX set to open higher

18 Sep 2019 - Following soft leads from US markets, the ASX looks set to open higher. Oil is the big story this week after a coordinated attack knocked out 5.7 million barrels of daily crude production, or more than half of Saudi Arabia oil output...
Oil prices surge: ASX closed 0.3% higher

Oil prices surge: ASX closed 0.3% higher

17 Sep 2019 - The ASX fell at the open following soft leads from Wall Street managing to drag itself up throughout the day and closed 0.3% higher. Ramsay Healthcare (ASX:RHC) lost investors today after reports the Paul Ramsay foundation selling $1...
House prices fall in June quarter: ASX is 0.2% lower at noon

House prices fall in June quarter: ASX is 0.2% lower at noon

17 Sep 2019 - The ASX fell at the open following soft leads from Wall Street and is now tracking 0.2% lower at noon. Eclipx Group (ASX:ECX) and shares in the Vocus Group (ASX:VOC) both rose today. Ramsay Healthcare (ASX:RHC) and Corporate Travel M...
Paul Ramsay Foundation sells 22 million Ramsay Healthcare shares

Paul Ramsay Foundation sells 22 million Ramsay Healthcare shares

17 Sep 2019 - Ramsay Health Care's (ASX:RHC) share price is down over 5 per cent after the company today revealed that the Paul Ramsay Foundation is reducing its stake in the private hospital operator.
Helloworld Shares push higher on earnings update

Helloworld Shares push higher on earnings update

17 Sep 2019 - Helloworld Travel (ASX:HLO) shares are on the rise after the company released an optimistic earnings outlook for FY20.
New Hope Group notches best full year profit before non regular items in company's history

New Hope Group notches best full year profit before non regular items in company's history

17 Sep 2019 - New Hope Group (ASX:NHC) has posted FY19 net profit before non regular items of 268 million (up 3 per cent on PCP)