Australias
Australia’s central bank holds rates as it frets over trade war risk
[SYDNEY] Australia’s central bank on Tuesday (Apr 1) left its cash rate steady as widely expected but took a small step towards further easing in a policy meeting dominated...
Australia’s Star Entertainment expects rescue offers, warns earnings may miss deadline
AUSTRALIAN cash-strapped casino operator Star Entertainment said it expects to receive bailout offers on Friday but warned it might not be able to file its first-half earnings which should...
Australia’s Star Entertainment expects to get liquidity offers, shares slump on pending results
CASINO operator Star Entertainment said on Friday (Feb 28) it is expecting to receive one or more liquidity proposals during the day, with its first-half results only to be...
Australia’s Perpetual ends talks with KKR on sale of wealth, trust units
AUSTRALIA’S Perpetual on Monday said it has ended talks with KKR for the sale of its wealth management and corporate trust units, while confirming plans to pursue a sale...
Australia’s Goodman raises A$4 billion for data centres to tap AI boom
AUSTRALIA’S Goodman Group plans to raise A$4 billion (S$3.4 billion) via a share placement to develop a global network of data centres, as the march of artificial intelligence (AI)...
Virgin overtakes Qantas as Australia’s largest domestic airline
VIRGIN Australia overtook Qantas Airways to become Australia’s largest and most reliable airline at the end of last year, sending a warning to the marquee carrier and supporting a...
Australia’s Star Entertainment gets potential lifeline as Oaktree offers debt refinancing
Oaktree’s offer is subject to numerous conditions and there is no certainty it will progress, Star saysSTAR Entertainment Group received a potential lifeline from alternative asset manager Oaktree Capital...
Australia’s CBA first-half profit beats estimates on strong asset quality, lending volume growth
COMMONWEALTH Bank of Australia’s (CBA) first-half cash earnings beat estimates on Wednesday (Feb 12), as lending volume growth and lower provisions for bad debts offset higher technology costs.Shares of...
