The latest quarterly changes to Australia’s benchmark index include the elevation of uranium miner Paladin and the demotion of online retailer Kogan.
The ASX continued its rollercoaster ride, clawing back losses once again in a volatile session, with banks and resources stocks proving the positive backbone.
Rebecca Le May
Chief Executive Elon Musk has sold another 934,091 shares of Tesla worth $A1.42 billion, and still has an option to buy about 10 million more shares.
Investors have cautiously welcomed BHP board approval to collapse the mining giant’s dual-listing structure.
Coronavirus variant Omicron helped send the Australian market lower for a fourth consecutive week but there was a bright spot for energy investors.
Chinese-backed gold play Focus Minerals has pushed the button on the long-awaited restart of its Coolgardie gold mine courtesy of a $46 million rights issue and debt from major shareholder Shandong Gold.
Gold miner Ramelius Resources will move to compulsorily acquire explorer Apollo Consolidated after amassing more than 90 per cent of the target through its recommended $181m cash and scrip bid.
Boeing jumps on progress towards China approval of 737 MAX; US President Biden steps up measures to battle Omicron variant.
BHP will go ahead with the long-awaited collapse of its awkward dual-listed corporate structure in a move the mining giant says will reduce duplication and make its internal processes more efficient.
There was plenty of takeover action on the ASX, with an epic bidding war erupting between retail giants.
Perth-based equity investment fund Katana Asset Management has recruited Ledge Finance founder Phil Botsis to help grow its brand and investor network.
Danielle Le Messurier
Data from tax advisory firm BDO has revealed who emerged the victor as Australia rebounded from the COVID-19 pandemic.
Solomon Lew, the billionaire retailer behind many of Australia’s best-known fast fashion brands, won’t name the factories that make them, despite modern slavery concerns.
Struggling miner Dacian Gold has gone back to the well again, this time for $20 million as it looks to reposition its troubled Mt Morgans project for steady annual gold production.
Rising Chinese real estate shares have helped improve the mood on Asian share markets but the Omicron variant and Fed tapering talk have weighed on gains.
The Fair Work Ombudsman is taking legal action against Coles, which is accused of underpaying thousands of workers by more than $115 million.
A tough week for investors on the ASX was not looking like improving after the US Federal Reserve aired more concerns about inflation not easing.
The High Court has refused Apple's application for special leave to appeal a judgment that keeps a landmark monopoly case against it on Australian soil.
Liontown Resources has locked in $450 million in a placement to fund the bulk of its flagship Kathleen Valley lithium project near Leinster.
Credit ratings agency S&P Global has confirmed it will downgrade BHP after it completes its petroleum merger with Woodside because the resources giant will be slightly less diversified.
The powerful Pharmacy Guild has suggested that Woolworths’ sale of cigarettes and its remaining interests in pubs and pokies makes it an unsuitable owner of pharmacies group API.
Sean Smith and Daniel Newell
Chalice Mining’s monster polymetallic find near Toodyay looks like getting bigger after the company reported a new zone of shallow high-grade mineralisation to the west of its initial Gonneville find.
US investment giant Blackstone has been given a chance to again lift its offer for takeover target Crown Resorts, which has rejected a sweetened bid for the embattled gaming operator.
Concerns about the Omicron variant and the US Fed chair's comments on rising inflation have left the major US stock indices in the red.
Devik Jain, Ambar Warrick and Sinead Carew
© West Australian Newspapers Limited 2021