August 2024

A potential takeover of 7-Eleven’s parent company, Seven & i Holdings Co., by Canadian retail giant Alimentation Couche-Tard, is likely to face significant antitrust scrutiny, particularly in the United States, according to a retail analyst. Bryan Gildenberg, managing director at Retail Cities, told CNBC’s “Street Signs Asia” that the merger of 7-Eleven and Circle K, […]

The global commodities market has experienced significant volatility this year, with prices largely remaining elevated. Futures for orange juice and cocoa surged to record highs in the first half of the year, while crude oil prices fluctuated in response to news from the Middle East. Gold prices have continued to rise, but base metals like

Global plumbing products group, Reliance Worldwide (ASX:RWC), reported the same weak results on Tuesday as its Australian-focused rivals, GWA and Reece, did on Monday. Both local companies managed a small rise in dividends, but Brisbane-based RWC has again taken the unusual step of making a major change to the structure of its dividend with the

Perth-based engineer and constructor, Monadelphous (ASX:MND) is looking to iron ore and gas to support Western Australian project activity as it tries to recover from the loss of a large lithium contract from US giant, Albemarle. The group revealed a solid 16 per cent increase in annual net profit to $62.2 million on Tuesday for

Unlike the glum news from Dexus, the office tower and industrial property group, Vicinity Centres, the shopping centre group, was all upbeat on Tuesday about a big new centre deal in WA. However, the company was more circumspect about the 2023-24 results and a lower payout to investors. The group experienced a small hit from

Property manager and investor, Dexus (ASX:DXS), saw its shares suffer their worst day of trading in three years on Tuesday as the realities of the office property downturn caught up with the company. Dexus shares fell as much as 8.5% to $6.86, marking their worst intraday drop since July 2021, and were among the biggest

The Australian share market extended its winning streak to eight days on Tuesday, buoyed by optimism ahead of the US Federal Reserve’s Jackson Hole meeting. At the closing bell, the S&P/ASX 200 was 0.22 per cent higher at 7,997.70, reaching a level not seen since early August. While technology stocks led the gains, mixed company

Key pointsWhile growth assets like shares go through bouts of shortterm underperformance versus bonds and cash, they provide superior long-term returns. So, it makes sense that superannuation has a high exposure to them.The best approach is to simply recognise that occasional sharp falls in share markets and hence super funds are normal and that investing in both is a long-term

To register for Friday’s webinar click here. Corella Resources (ASX:CR9) has secured government funding to accelerate research into a new HPA production process using its high-quality kaolin deposit. The project aims to reduce costs and environmental impact while producing 5N HPA, a critical material for batteries and LEDs. Shares are trading 60 pr cent higher

The symbolism couldn’t be more striking. Two American astronauts, who journeyed to the International Space Station in June aboard Boeing’s Starliner spacecraft, now face the possibility of being stranded in space for months due to a leak in the vehicle’s propulsion system. NASA is currently exploring the option of sending a SpaceX Dragon spacecraft to