The bank has communicated to the impacted employees that consultations are ongoing regarding the job cuts.
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The Australian market experienced a mixed day, with fluctuations driven by movements in major stocks like Commonwealth Bank and BHP, highlighting the ongoing sector rotations and economic impacts from global events. In such a volatile landscape, investors often look beyond the giants to find opportunities in lesser-known areas of the market. Penny stocks, despite their somewhat outdated name, continue to intrigue investors for their potential to offer both value and growth; this article will...
As the Australian market navigates fluctuations with key players like Commonwealth Bank and BHP influencing the ASX200, investors are keenly observing how sectors such as materials and health care respond to global economic shifts. In this dynamic environment, high growth tech stocks in Australia stand out for their potential to capitalize on innovation and adaptability, offering intriguing opportunities amid broader market rotations.
WASHINGTON/OTTAWA (Reuters) -U.S. President Donald Trump ramped up his tariff assault on Canada on Thursday, saying the U.S. would impose a 35% tariff on imports next month and planned to impose blanket tariffs of 15% or 20% on most other trading partners. In a letter released on his social media platform, Trump told Canadian Prime Minister Mark Carney the new rate would go into effect on August 1 and would go up if Canada retaliated. In a post on X late on Thursday, Carney said his government will continue to defend Canadian workers and businesses in their negotiations with the U.S. as they work towards that deadline.
Scheduled to be operational by 2026, the project will support dependable renewable energy across Australia.
DNBBY vs. CMWAY: Which Stock Is the Better Value Option?
Here is how Sierra Bancorp (BSRR) and Commonwealth Bank of Australia Sponsored ADR (CMWAY) have performed compared to their sector so far this year.
The Australian market recently experienced a shift as profit-taking in Commonwealth Bank impacted the broader indices, while materials stocks like BHP saw a resurgence. Amidst these fluctuations, penny stocks remain an intriguing area for investors seeking potential growth opportunities at lower price points. Though often overlooked, these smaller or newer companies can offer significant upside when they possess strong financials and solid fundamentals.
The Australian market has recently experienced significant fluctuations, with profit-taking in Commonwealth Bank impacting the ASX200, while a rotation into materials has seen BHP Limited and other resource stocks gain ground. Amidst these shifts, investors are increasingly looking towards dividend stocks as a means of securing steady income in uncertain times. A good dividend stock typically offers consistent payouts and resilience against market volatility, making it an attractive option...
In recent trading sessions, the Australian market has experienced significant fluctuations, with profit-taking in major stocks like Commonwealth Bank impacting overall performance and a notable rotation into the materials sector. Amidst these shifts, investors are increasingly seeking opportunities in undervalued stocks that may be trading below their intrinsic value. Identifying such stocks requires careful analysis of market conditions and company fundamentals to uncover potential...
As Australia's market experiences a notable shift, with profit-taking in major stocks like Commonwealth Bank impacting the broader indices and a renewed interest in materials buoying companies such as BHP Limited, investors are keenly observing these dynamic changes. In this environment of sector rotations and economic uncertainties, identifying promising small-cap stocks that can navigate these fluctuations becomes crucial for those looking to uncover potential undiscovered gems.
The approval was achieved via the NSW Government's new streamlined planning pathway.
The collaboration uses near real-time scam intelligence to protect CommBank customers and the Australian public from fraud.
Tracey Ryniec, Zacks Value Stock Strategist, discusses Berkshire Hathaway's equity investments and what gives Buffett the edge.
SYDNEY (Reuters) -Australian consumer price inflation slowed more than expected in May, while the closely watched core measure hit three-and-a-half-year lows as investors locked in bets for an imminent rate cut. Swaps now imply a 92% probability that the Reserve Bank of Australia would cut rates by a quarter-point when it delivers its policy decision on July 8, a day before the expiry of a 90-pause in U.S. reciprocal tariffs on other countries. Commonwealth Bank of Australia, Deutsche Bank and TD Securities changed their next rate cut call to July from August, while UBS said its expectation for the RBA to hold steady next month is under review.
NEW YORK, June 24, 2025--Auramet International, Inc. ("Auramet"), a leading precious metals merchant, is pleased to announce that it has closed a $350 million syndicated revolving credit facility (the "Facility") led by Macquarie Group ("Macquarie"). Macquarie’s Commodities and Global Markets business acted as Mandated Lead Arranger, Bookrunner and Administrative Agent for the Facility, which was well oversubscribed. The Facility complements Auramet’s various bilateral banking facilities.
Commonwealth Bank of Australia (CMWAY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
FLEX vs. GRMN: Which Stock Is the Better Value Option?
The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...