Australias
Bain matches CC Capital’s offer for Australia’s Insignia Financial at A$3.07 billion – The Business Times
INSIGNIA Financial’s shares hit a three-year high on Thursday (Jan 23), driven by a revised takeover offer of A$3.07 billion (S$2.6 billion) from US-based Bain Capital, matching the bid...
Australia’s Star Entertainment reports second-quarter loss – The Business Times
AUSTRALIA’S troubled casino operator Star Entertainment reported a second-quarter loss on Monday, adding to the rising uncertainty about its future revamp and earnings turnaround.For the three months ended December,...
Australia’s gambling giant Star on the brink of collapse as cash runs out
AUSTRALIA’S biggest listed casino operator, Star Entertainment Group, once had it all. Its gaming licenses stretched out for centuries. The domestic market was home to the planet’s most prolific...
Pastor Dies in Fatal Shark Attack While Fishing in Australia’s Great Barrier Reef
A 40-year-old pastor died in a shark attack while he was fishing with his family in the waters of Australia's Great Barrier Reef. The emergency services said that a...
JPMorgan exits Australia’s Star Entertainment
JPMORGAN Chase has ceased to be a shareholder in embattled Australian casino operator Star Entertainment, an exchange filing by the gaming group showed on Monday (Dec 23).The investment banker’s...
Australia’s economic growth stays tepid in challenge for RBA
AUSTRALIA’S economic growth remained sluggish last quarter as a surge in government spending underpinned the expansion, highlighting the Reserve Bank of Australia’s (RBA) policy challenge as inflation is still...
Australia’s central bank says risks from non-bank lenders limited
AUSTRALIA’S central bank said on Monday (Dec 2) that risks from non-bank lenders in securitisation are limited as the labour market remained resilient, supporting households and businesses, and the...
Australia’s central bank overhaul revived in last minute talks
AUSTRALIA’S plans to overhaul the Reserve Bank of Australia (RBA), including splitting the current board in two, may be back on the agenda after the Labor government and minority...
