Financial

National Australia Bank (ASX:NAB) closed in red today; here’s why
June 09, 2022 06:55 PM AEST | By RitwikaHighlights National Australia Bank shares were highly influenced by its sectoral performance today. Moreover, National Australia Bank shares...

CBA lifts variable mortgage rates after RBA decision
June 08, 2022 04:32 PM AEST | By ReutersCommonwealth Bank of Australia said on Wednesday it would raise its home loan variable interest rates by 50 basis points per annum, a day after the ce...

Zip (ASX:ZIP) shares plummet over 14% on ASX today, here’s why
June 07, 2022 06:22 PM AEST | By RitwikaThe shares of Zip Co Limited (ASX:ZIP) were spotted trading 12.418% lower at AU$0.670 per share at 2:33 PM AEST on the ASX today (7 June). The share...

GQG Partners’ (ASX:GQG) FUM goes up 4.6% in May, shares gain
June 07, 2022 12:14 PM AEST | By Sonal GoyalHighlights GQG’s funds under management (FUM), as of 31 May 2022, stands at US$94.6 billion. GQG management reported increase in funds under...

ACCC delays approval to Link Group’s (ASX:LNK) proposed acquisition
June 06, 2022 07:27 PM AEST | By Sonal GoyalHighlights ACCC has delayed review of proposed acquisition by Dye & Durham Corporation. Dye & Durham provides cloud-based software technol...

CBA, NAB, WBC, MQG: ASX banking stocks end lower ahead of RBA rate d...
June 06, 2022 06:51 PM AEST | By Priyanka PayalThe Reserve Bank of Australia (RBA) is all set to raise interest rates for the second time this year tomorrow. All eyes are set on the RBA meet schedu...

Why is National Australia Bank (ASX:NAB) share price on investors’ r...
June 06, 2022 02:05 PM AEST | By Bhawna GuptaHighlights NAB’s shares are trading in red today. The bank has launched its capital notes 6 offer to raise AU$1 billion from syndicate broke...

VGI Partners (ASX:VGI) completes merger with Regal Funds
June 06, 2022 12:04 PM AEST | By Sonal GoyalHighlights VGI Partners has acquired 100% shares of Regal Funds to become Regal Partners Limited. The new ticker code of Regal Partners Limited is...

Washington H Soul (ASX:SOL) completes Ampcontrol acquisition, shares...
June 01, 2022 01:02 PM AEST | By Bhawna GuptaHighlights WHSP has completed the acquisition of Ampcontrol by acquiring the remaining stake. The shares of WHSP were trading in green today. WHS...

NAB (ASX:NAB) shares gain on Citigroup consumer business acquisition
June 01, 2022 12:25 PM AEST | By Sukriti NairAustralia’s top bank, National Australia Bank (ASX:NAB) has completed the acquisition of Citigroup’s Australian consumer business (Citigro...

Growthpoint (ASX:GOZ) buys government office in Dandenong for AU$165...
May 30, 2022 05:10 PM AEST | By Priyanka PayalHighlights Growthpoint Properties Australia has exchanged contracts to buy Government Service Office (GSO) in Dandenong for AU$165 million. The...

EarlyPay’s (ASX:EPY) latest AU$30M facility to fast-track product ex...
May 25, 2022 12:41 PM AEST | By Mohammad ZaidASX-listed secured financing provider EarlyPay Ltd (ASX:EPY) serves SME businesses across invoice, trade and equipment finance. EarlyPay set off its...

Zip (ASX:ZIP) shares ended over 5% higher today, here’s why
May 13, 2022 04:40 PM AEST | By Bhawna GuptaHighlights Zip shares closed 5.88% higher at AU$0.99 each today. While Zip did not provide investors with any price-sensitive information today, t...

CBA (ASX:CBA) posts steady Q3 cash profit; how are shares reacting?
May 12, 2022 10:53 AM AEST | By AshishHighlights CBA’s Q3 cash profit was flat compared to its first-half quarterly average. CBA’s operating income declined 1% to A...

Money3 (ASX:MNY) launches AU$15M share buyback plan, shares gain
May 11, 2022 12:38 PM AEST | By RitwikaHighlights Money3 today launched its new capital management strategy- share buyback. The strong financial health of Money3 supported the dec...

Pendal (ASX:PDL) posts 31% spike in revenue; how are shares respondi...
May 10, 2022 11:07 AM AEST | By AshishHighlights Pendal Group reported a 31% rise in revenue to AU$362.6 million for the period ending 31 March 2022. Net profit after tax rose...

Suncorp Group (ASX:SUN) releases 2Q22 results, shares fall
May 09, 2022 12:54 PM AEST | By Bhawna GuptaHighlights In the March quarter, Suncorp Bank increased its home lending portfolio by AU$803 million, or 1.7%. For the quarter, the total impair...

AUB Group (ASX:AUB) acquires Tysers; shares on halt
May 09, 2022 11:56 AM AEST | By Sukriti NairHighlights: AUB Group Limited has entered a binding agreement to purchase Tysers. AUB is undertaking an equity capital raising to finance the acqu...

What drove Macquarie’s (ASX:MQG) profit 56% higher
May 06, 2022 11:03 AM AEST | By AshishHighlights Macquarie maintained a cautious stance amid heightened levels of volatility across regions. The company’s board announced...

Why is QBE Insurance (ASX:QBE) in news today?
May 05, 2022 07:37 PM AEST | By Sonal GoyalHighlights QBE Insurance reported 19% increase in the gross written premium. The company estimates crop gross written premium to reach AU$3.3 bi...
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