Australia
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 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
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
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 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 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 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...