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Australian Shares Show Little Movement Ahead of Inflation Data, Financials Lead Gains
Financial Stocks

Australian Shares Show Little Movement Ahead of Inflation Data, Financials Lead Gains

Highlights,The S&P/ASX 200 index remains flat at 8,410.5, as losses in commodities and IT stocks are offset by gains in financials.,Traders are awaiting local inflation data to assess the Reserve Bank of Australia's likely interest rate decision, with a 7...

Australia’s Energy Stocks Decline 1.5% Amid Weakening Oil Prices and AI Concerns
Oil & Gas Stocks

Australia’s Energy Stocks Decline 1.5% Amid Weakening Oil Prices and AI Concerns

Highlights,Australia's energy stocks sub-index drops 1.5%, its lowest level since January 2, amid global oil price weakness.,The sector is under pressure after rising interest in a Chinese AI model raised concerns about reduced energy demand for data cent...

Commonwealth Bank Shares Rise 1% Following Divestment Announcement
Financial Stocks

Commonwealth Bank Shares Rise 1% Following Divestment Announcement

Highlights,Commonwealth Bank of Australia (CBA) shares gain 1% to AU$159.95 on Tuesday after announcing the sale of its 5.45% stake in Bank of Hangzhou (HZB).,The sale to New China Life Insurance Co. (NCI) is expected to generate AU$940 million in gross p...

Sigma Healthcare Shares Surge 10% Amid Strong Merger Partner Performance
Healthcare Stocks

Sigma Healthcare Shares Surge 10% Amid Strong Merger Partner Performance

Highlights,Sigma Healthcare shares rise 10.2% to AU$2.975, marking their highest level since January 14, as merger news boosts investor confidence.,Chemist Warehouse, SIG's merger partner, reports 13% growth in retail sales, with record 10.3% like-for-lik...

AI-Focused Stocks Hit Multi-Week Lows After Chinese Startup DeepSeek Raises Concerns
Technology Stocks

AI-Focused Stocks Hit Multi-Week Lows After Chinese Startup DeepSeek Raises Concerns

Highlights,AI-focused stocks in Australia fall to multi-week lows following a sharp drop in tech stocks on Wall Street triggered by concerns over DeepSeek’s low-cost AI model.,Goodman Group leads the decline with an 8.1% drop, marking its lowest point sin...

Vietnam Makes Top 5 Debut in Agoda's 16th Gold Circle Awards, Celebrating Hospitality Excellence
PRNews

Vietnam Makes Top 5 Debut in Agoda's 16th Gold Circle Awards, Celebrating Hospitality Excellence

 Thailand retains top spot in Agoda's annual hospitality awards among Southeast Asian dominance SINGAPORE, Jan. 28, 2025 /PRNewswire/ -- Agoda's prestigious 16th Gold Circle Awards ce...

  • January 28, 2025 02:00 PM AEDT
  • Cision
Strategic Realignment for Highfield Resources (ASX:HFR) as Muga Potash Project Advances
Metal & Mining Stocks

Strategic Realignment for Highfield Resources (ASX:HFR) as Muga Potash Project Advances

Highlights,Financing amendments are intended to align with the revised development schedule of the Muga Potash Project in northern Spain.,The approach involves restructuring a finance facility and raising capital through a share purchase plan to support o...

Star-Studded Sponsor Line-up Takes Centre Court at the Singapore Tennis Open 2025
PRNews

Star-Studded Sponsor Line-up Takes Centre Court at the Singapore Tennis Open 2025

Main sponsors include Turkish Airlines, ASICS and Polestar who are set to elevate the Singapore Tennis Open 2025 with their synergistic partnerships. SINGAPORE, Jan. 28, 2025 /PRNewswire/...

  • January 28, 2025 01:49 PM AEDT
  • Cision
Global Times: Spring Festival shopping lists showcased in Xi's pre-holiday visits highlight commitment to people's well-being
PRNews

Global Times: Spring Festival shopping lists showcased in Xi's pre-holiday visits highlight commitment to people's well-being

BEIJING, Jan. 28, 2025 /PRNewswire/ -- The Spring Festival holds a special place in the hearts of the Chinese people, embodying warmth and family joy. During this festive season, the celebrations of o...

  • January 28, 2025 01:46 PM AEDT
  • Cision
Chinese AI Shake-Up: Global Tech Sector Faces Market Upheaval
Retail Stocks

Chinese AI Shake-Up: Global Tech Sector Faces Market Upheaval

Highlight,A newly introduced low-cost AI platform from Chinese startup,DeepSeek,has triggered global market volatility.,Semiconductor leader Nvidia (,NASDAQ:NVDA,) experienced a steep share decline as investors reconsidered demand for high-performance chi...