Australias
Australia’s Westpac annual profit down as costs overshadow margin bump
No 2 Australian mortgage lender Westpac said on Monday (Nov 4) that annual profit dipped as costs associated with a technology overhaul outweighed an improved loan margin, but upped...
Australia’s CBA sells another 10% stake in Vietnam’s VIB
COMMONWEALTH Bank of Australia (CBA) has sold a 10 per cent stake in Vietnam International Commercial Joint Stock Bank (VIB) it said on Tuesday (Oct 29), following a previous...
Australia’s Myer to buy rival Premier’s apparel business in A$864 million deal
AUSTRALIAN department store owner Myer will buy retail billionaire Solomon Lew’s Premier Investments’ apparel brands business, in a deal valued at A$863.8 million (S$752 million), the companies said on...
Australia’s Fortescue record Q1 iron ore shipments marred by cost pressures
AUSTRALIA’S Fortescue, the world’s fourth-largest iron ore miner, on Thursday (Oct 24) posted a 4 per cent rise in its first-quarter iron ore shipments but flagged rising costs at...
Australia’s Qantas hits record high as Jefferies lifts price target
SHARES of Qantas Airways hit an all-time high on Wednesday (Oct 23) after Jefferies analysts hiked their price target on Australia’s flag carrier, on the back of low fuel...
Keppel, Australia’s biggest gas developer sign deal for liquid hydrogen to power Singapore data centres
Conditional agreement paves way for binding deal for Woodside Energy to supply the fuel from as early as 2030Keppel has tied up with Woodside Energy, Australia’s largest oil and...
Keppel and Australia’s biggest gas developer sign deal for liquid hydrogen to power Singapore data centres
Conditional agreement paves way for binding deal for Woodside Energy to supply the fuel from as early as 2030Keppel has tied up with Woodside Energy, Australia’s largest oil and...