LA Private

July 14, 2023

ASX up 0.66% at noon as ASIC proposes advisory group for CHESS

ASIC plans to establish a stakeholder advisory group to oversee ASX’s troubled CHESS replacement project, which ASX supports and sees as a means to enhance transparency and stakeholder engagement in the development of critical clearing and settlement changes. At noon, the S&P/ASX 200 is 0.66 per cent higher at 7,294.80. The SPI futures are pointing

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Stocks of the Hour: Neuren Pharmaceuticals, Green Technology Metals, One Click Group

Neuren Pharmaceuticals (ASX:NEU) announced the expansion of its partnership with Acadia Pharmaceuticals (NASDAQ:ACAD). Neuren is set to receive US$100 million up-front, plus additional potential milestone payments of up to US$427 million, plus royalties. Shares are trading 16.75 per cent higher at $13.59. Green Technology Metals (ASX:GT1) has announced that their assay results at their Root

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Leo Lithium strikes $520 million deal for Mali Mining Operations

Leo Lithium (ASX:LLL) has finalised a significant agreement worth $520 million with a prominent African mining service firm, Corica, to advance its lithium project in Mali, a West-African nation. This strategic move by Leo Lithium aims to capitalise on the growing demand for lithium amidst the critical mineral cold war, which has intensified the competition

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Work-from-home trend threatens obsolescence for old commercial buildings

The ongoing work-from-home trend is prompting commercial landlords and tenants to reassess their needs, potentially rendering some buildings obsolete. In the new world order of commercial property, high-quality and well-appointed offices are attracting tenants, while older, tier-three grade buildings on the outskirts of cities face an uncertain future. According to Michael Cook, Investa group executive,

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