The dollar weakened after Powell expressed more concern about weakening employment than rising inflation.
Commonwealth Bank of Australia's ( ASX:CBA ) dividend will be increasing from last year's payment of the same period to...
As part of the partnership, CommBank employees will get access to OpenAI’s advanced AI tools.
Australia’s largest company, with a market capitalization of US$195 billion, raised its dividend as the lending giant posted a 4.2% rise in annual profit on strong volumes and stable margins.
Contracts for a November delivery had dropped about 1% as of 11:45 a.m. Singapore time, a turnaround from Monday’s 2.4% rise that came in response to US President Donald Trump’s call for China to “quadruple” its purchases of the major oilseed. The US leader later announced the truce with Beijing would be extended for another 90 days, with trade restrictions now due to come into effect in early November if both governments can’t reach a deal. Prices had risen in anticipation of potential purchases following Trump’s plea for more Chinese buying, according to Dennis Voznesenski, an agricultural economist at Commonwealth Bank of Australia.
The bank reported a 76% drop in customer losses from scams, comparing the second half of FY25 to the first half of FY23.
The bank has communicated to the impacted employees that consultations are ongoing regarding the job cuts.
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 Penny stocks, despite their somewhat outdated name, continue to intrigue investors for their potential to offer both value and growth; this article will...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.