Australia

Civmec to acquire ship manufacturer Luerssen Australia for A million
Civmec to acquire ship manufacturer Luerssen Australia for A$20 million
The aim of the deal is to solidify Australia’s sovereign shipbuilding capability[SINGAPORE] Australian construction engineering company Civmec will purchase Luerssen Australia from Naval Vessels Lurssen (NVL) Australia for A$20...
Civmec to acquire ship manufacturer Luerssen Australia for A million
Civmec set to acquire ship manufacturer Luerssen Australia for A$20 million
[SINGAPORE] Construction and engineering services provider Civmec will purchase Luerssen Australia from Naval Vessels Lurssen (NVL) Australia for A$20 million (S$16 million) in cash, the company said on Thursday...
Australia: Banks, miners lift stocks; Trump’s Iran-Israel truce announcement boosts sentiment
Australia: Banks, miners lift stocks; Trump’s Iran-Israel truce announcement boosts sentiment
Published Tue, Jun 24, 2025 · 09:28 AMAUSTRALIAN shares rose on Tuesday, led by gains in banks and miners, as US President Donald Trump’s announcement of the Iran-Israel ceasefire...
Australia: Shares hit 2-week low as miners, gold stocks fall; Fed holds rate
Australia: Shares hit 2-week low as miners, gold stocks fall; Fed holds rate
Published Thu, Jun 19, 2025 · 10:09 AMAUSTRALIAN shares hit a two-week low in early trade on Thursday, weighed down by miners and gold stocks as the US Federal...
Australia regulator trials faster IPO process as listings hit decade low
Australia regulator trials faster IPO process as listings hit decade low
[SYDNEY] Australia’s securities regulator said on Tuesday (Jun 10) it would trial changes to speed up initial public offerings that are at a decade low by implementing recommendations from...
Australia shares close at record high
Australia shares close at record high
(SYDNEY) Australian shares logged a record close on Tuesday (Jun 10), with banks and energy stocks leading the charge, as renewed optimism over US-China trade negotiations lifted investor confidence...
Virgin Australia seeks to raise US2.8 million in IPO, term sheet shows
Virgin Australia seeks to raise US$442.8 million in IPO, term sheet shows
Published Wed, Jun 4, 2025 · 10:24 AMBAIN Capital-owned Virgin Australia is looking to raise A$685 million (S$442.7 million) in an initial public offering, according to a term sheet seen...
Virgin Australia seeks to raise US2.8 million in IPO, term sheet shows
Virgin Australia returns to stock market with launch of A$685 million IPO
[SYDNEY] Virgin Australia is set to return to the stock market after a five-year absence, with the Bain Capital-owned airline launching a A$685 million (S$572 million) initial public offering...
Australia central bank pondered outsized rate cut in May, decided to be predictable
Australia central bank pondered outsized rate cut in May, decided to be predictable
[SYDNEY] Australia’s central bank considered cutting interest rates by an outsized 50 basis points last month as “insurance” against global trade risks, but decided to go the predictable route...
Australia cracks down on crypto ATMs as scams, fraud uncovered
Australia cracks down on crypto ATMs as scams, fraud uncovered
There are now more than 1,800 machines in the country compared to just 23 in 2019, according to Austrac dataPublished Tue, Jun 3, 2025 · 10:03 AM[MELBOURNE] Australia’s financial...