Suncorp Group Ltd Comes Under the Hayne Royal commission’s Scrutiny

Grilling by Hayne Royal commission: Suncorp Group Ltd.?s (ASX: SUN) stock fell 0.38% on September 20, 2018 (3:26 PM AEST) with the company expected to be grilled regarding its policy terms, advertising and claims handling in its general insurance div...

Brickworks Share Prices Declines After The Release Of FY2018 Financial Results.

On 20 September 2018, Brickworks Limited (ASX: BKW) announced its financial results for the year ended 31 July 2018. The total revenue from operating activities declined by 2.5% from $841.8 million in 2017 to $821.1 million in 2018. The EBIT of the c...

Washington H. Soul Pattinson & Company Limited (ASX: SOL)- NPAT Squeezed But Dividend Climbed Up

Washington H. Soul Pattinson drifter lower on ASX after the company?s net profit after tax (NPAT) dwindled to $266.8 million for the fiscal year 2018. It represents a decline of 20% on prior year, driven by the headwinds from non-regular losses of $6...

Sino Gas & Energy Holding – Removal From ASX Due To The Implementation of an agreement with Lone Star Funds

On May 31, 2018, Sino Gas & Energy Holdings Limited (ASX: SEH) made an agreement with Lone Star which states that latter would acquire the entire issued share capital of the former. Only after the successful implementation of the scheme and after...

Westpac Unveils World’s first Blockchain Procurement related Project Plans

Westpac Banking Corporation (ASX: WBC) is in the business of providing financial and banking services in Asia pacific region, New Zealand, Asia, Australia and internationally. Westpac is eying to be a global leader in Block chain technology. The comp...

AMP has been charging dead people for life insurance

Yes, it may sound bizarre but its true that Insurance company, AMP Limited has been charging insurance premium when there has been no longer a life to insure. Hayne Royal commission heard on Monday, 17 September 2018, that AMP was in practice to char...

Perpetual Limited Portfolio Takes A Hit as Aged-Care Stocks Tumble

Fund manager Perpetual Ltd.?s (ASX: PPT) stock tumbled 17.57 percent in the past six months as on September 14, 2018, owing to several macro factors, such as regulatory uncertainty and market volatility among others. As per the research, Fund manager...

ASX Focusses Towards Becoming Data Foundation Center for Fintech Companies

ASX Limited?s (ASX: ASX) stock edged down 0.211 per cent with intra-day traded volume of around 97,706 on September 17, 2018. Meanwhile, the Australian Securities Exchange is making efforts towards becoming a global technology pioneer. Chief Operatin...

Westpac Makes More Stringent Terms for The Property Borrowers

Westpac Banking Corporation (ASX: WBC) is set to announce another round of amendments in its residential lending policy, leading to further tightening for the existing borrowers. The bank would be the first among the topmost lenders to increase the s...

National Australia Bank Announces Key Changes in the Higher-Level Management

National Australia Bank (ASX: NAB) has announced key executive changes at the higher level with CEO Andrew Thorburn stating that these changes would help the organization to focus better. NAB has announced that the new roles will most likely be appli...