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NEXTDC (ASX:NXT), Australia’s largest, locally owned and operated data centre provider, has announced a new $2.9bn debt facility aimed at supporting its ongoing expansion efforts and strengthening its financial position. The debt facility, formalised on 4 November 2024, consolidates NEXTDC’s debt under a common terms platform, which will enhance financial flexibility as the company pursues […]

Mineral Resources (ASX:MIN) has announced substantial changes to its corporate governance and leadership structure following a board-led investigation into governance practices. In a report issued on 4 November 2024, the company disclosed that its Managing Director, Chris Ellison, will face financial penalties and that an accelerated leadership succession plan will be implemented to safeguard shareholder

US stocks surged on Friday to kick off November, with Amazon leading the way for major tech companies as traders largely overlooked a disappointing jobs report. The Dow Jones Industrial Average gained 288.73 points, or 0.69 per cent, finishing at 42,052.19. The S&P 500 rose 0.41 per cent to close at 5,728.80, while the Nasdaq

Betting markets and fundamental analyses are diverging from traditional polls, adding layers of unpredictability to an election too close to call. The electoral college, swing states, and the 270-vote threshold The US president is elected through the Electoral College, which allocates electoral votes to each state based on its Congressional representation, totalling 538 votes. A

Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses home prices. Key points: CoreLogic data shows that monthly average home price growth was just 0.3%mom in October, unchanged from the prior three months which were revised down. The pace of gains remains highly diverse ranging from falls in Melbourne, Canberra, Darwin

Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses developments in investment markets over the past week, economic activity trackers, major global economic events and Australian economic events. Investment markets and key developments over the past week Global share markets remained under pressure over the last week not helped by mixed

Tower (ASX:TWR), a New Zealand-based insurer specialising in both Kiwi and Pacific Island markets, announced today that CEO Blair Turnbull will step down in February 2025, following the company’s Annual Shareholder Meeting. Appointed in 2020, Turnbull has driven significant transformation at Tower, steering the company toward digitalisation and enhancing its growth potential across the region.