Financial

How is NSW flood affecting ASX insurers SUN, IAG and QBE?

July 06, 2022 10:48 AM AEST | By Sukriti Nair

NSW floods get a ‘significant event’ status from ICA, insurers to align with claims. Suncorp Group has already declared an expected spike in claims, m...

Judo Bank (ASX:JDO) exceeds GLA target to AU$6.09B in June’22

July 05, 2022 01:20 PM AEST | By Ritwika

Judo bank shared updates from its June 2022 gross loan and advances on the ASX today. The company said that it has overachieved its target.

Magellan (ASX:MFG) shares tumble over 8%. Here’s why

July 04, 2022 04:02 PM AEST | By Sukriti Nair

Magellan Financial Group Limited’s (ASX:MFG) shares have dipped below 5% today (4 July). In fact, the MFG shares rank second in the top losers list on...

Suncorp’s (ASX:SUN) natural hazard costs aligned to guidance; shares...

July 04, 2022 02:04 PM AEST | By Ritwika

Suncorp shares opened trading in green on the ASX today after it shared an update stating that its natural hazard cost in FY22 was aligned to the guid...

COG Financial’s (ASX:COG) subsidiary acquires 70% interest in Chevro...

July 04, 2022 12:32 PM AEST | By Sonal Goyal

COG Financial informed that its subsidiary company, QPF has acquired 70% interest in Chevron.

Openpay (ASX:OPY) shares jump as it pauses US operations

July 01, 2022 11:54 AM AEST | By Sukriti Nair

Openpay to pause its US operations indefinitely and cease loan originations on Opy. OPY share price has jumped over 16% in early trade today. It is a...

ANZ, CBA, NAB, WBC: Australian ‘Big Four’ banks to watch out for

June 30, 2022 04:41 PM AEST | By Ritwika

The ASX 200 index traded in red today, including the ASX 200 Financial sector. Therefore, the big four banking stocks- ANZ, CBA, NAB, and WBC also buz...

TYR, NOV, ZIP, CF1: How did these 4 ASX fintech firms perform YTD?

June 29, 2022 06:32 PM AEST | By Bhawna Gupta

Tyro's offering includes business loans, banking products, and electronic funds transfer at point of sale (EFTPOS) solutions. The business also provid...

Equity Story (ASX:EQS) acquires Claude Walker’s ‘A Rich Life’

June 29, 2022 01:03 PM AEST | By Khushboo Joshi

Diversified financial firm, Equity Story, has acquired online investing company A Rich Life (ARL). ARL is owned by investment writer and equities comm...

Decmil (ASX:DCG) wins AU$98M contract, shares gain over 6%

June 29, 2022 01:01 PM AEST | By Bhawna Gupta

Following the satisfactory development and completion of the majority of Stage 1 of the Albany Ring Road Project, Decmil Group has been awarded the se...

Macquarie Group (ASX:MQG) intends to raise AU$400M

June 28, 2022 01:51 PM AEST | By Sukriti Nair

Macquarie Group Limited is likely to offer AU$400 million of capital notes (MCN6). MCN6 are expected to be quoted on the ASX under the code MQGPF. The...

CBA, NAB, WBC, ANZ: How are these ASX-listed banking majors performi...

June 27, 2022 04:14 PM AEST | By Priyanka Payal

Today, the financial sector was the top-performing sector in early morning trade. The shares of four ASX-listed banking giants were up over 2% on ASX.

Zip Co (ASX:ZIP) shares grabbed investors’ attention today, here’s w...

June 23, 2022 06:30 PM AEST | By Priyanka Payal

Zip Co shares traded 4.301% lower at AU$0.445 per share on ASX at 4:00 PM AEST today. The S&P/ASX 200 Information Technology (Sector) XIJ closed 1.523...

CBA, ANZ, NAB: ASX bank stocks to watch out for amid recession fears

June 23, 2022 06:13 PM AEST | By Sukriti Nair

Post Lowe’s speech, the banking sector sell-off has paused. ASX200 Banking index (XBK) is up from its six-month low. Covered here are share price move...

Medibank (ASX:MPL) to give AU$682M as COVID-19 financial claims

June 22, 2022 01:32 PM AEST | By Sukriti Nair

ASX-listed health insurance provider, Medibank Private Ltd. (ASX:MPL), shared today that it will return AU$205 million more to its customers. The comp...

Humm (ASX:HUM) shares fall over 3% as majority of board members resi...

June 22, 2022 01:16 PM AEST | By Bhawna Gupta

The falling through of the proposed sale of Humm Consumer Finance (HCF) to Latitude Group Holdings Limited (ASX:LFS) have led the majority of director...

Shopping Centres (ASX:SCP) strikes acquisition deals worth A$180M wi...

June 20, 2022 12:15 PM AEST | By Ritwika

Highlights Shopping Centres Australasia Group will be acquiring five convenience-based shopping centres in Australia The acquisition is likely to...

Why are Humm group (ASX:HUM) & Latitude (ASX:LFS) shares in news tod...

June 17, 2022 04:21 PM AEST | By Priyanka Payal

The share price of ASX-listed financial services company Humm group limited (ASX:HUM) traded in red on Friday (17 June) after the company revealed tha...

Australian Ethical’s (ASX:AEF) FUM falls 3%; how are shares respondi...

June 16, 2022 11:27 AM AEST | By Ashish

Highlights Australian Ethical expects underlying PAT to be in the range of AU$9.8 million to AU$10.2 million. The company’s FUM has...

OEQ, N1H, QUE: ASX financial penny stocks with over 25% YTD gains

June 14, 2022 04:46 PM AEST | By Aditi Sarkar

Highlights The World Bank has warned about the risks of stagflation, which refers to a period of high inflation accompanied by stagnant economic gr...

5 ASX Companies Leveraging AI to Drive Growth in 2024

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