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The Latest Breaking News from ASX

Australian shares rally as Middle East tensions ease

The ASX200 climbed 1.1 per cent, with every sector in the green except for energy after the threat of war between Israel and Iran appeared to fade.

AAP

3 Chip Stocks With Massive Potential for Investment Opportunity

The chip industry is booming thanks to a growing demand for advanced chips and their expanding usage across different sectors. Hence, investors could consider buying fundamentally strong chip stocks STMicroelectronics (STM), ASE Technology Holding (ASX), and Photronics (PLAB), given their massive investment potential. Read more.

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Aust shares plunge on Mideast tension, rising yields

The ASX200 index has suffered its second-worst loss in 13 months, dropping to an eight-week low as prospects dimmed further for quick US rate cuts.

AAP

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Software firm fires CEO, says $26m is still missing

Melbourne-based software company Dubber has accused its former CEO and a third-party trustee of misappropriating $30 million with 26.6 million still missing.

AAP

'Stale, pale and male': boardroom diversity stalls

Despite corporate platitudes on the importance of diversity and female representation, ASX300 boardrooms remain overwhelmingly white and male.

AAP

Kathmandu founder disqualified after guilty ruling

Jan Cameron, founder of adventure wear brand Kathmandu, has been disqualified from heading companies for five years after being found guilty of hiding shares.

AAP

3 Chip Stocks to Buy With Strong Market Performance

The chip industry is poised for sustained growth due to the increasing demand for chips amid consistently expanding applications. Therefore, semiconductor stocks Trio-Tech International (TRT), ASE Technology (ASX), and United Microelectronics (UMC), which demonstrate a solid performance, could be worth buying now. Read more….

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3 Chip Stocks to Gaining Altitude

After challenging conditions in 2023, the semiconductor industry is poised to bounce back this year, driven by resurgent demand from various industries, coupled with government backing. Hence, investors could consider buying chip stocks Trio-Tech (TRT), ASE Technology (ASX), and Applied Materials (AMAT), which are experiencing upward momentum. Read more….

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Australian shares edge lower as big banks weigh

The ASX200 finished 0.2 per cent lower in its third straight day of quiet trading, with heavy losses for the Big Four retail banks.

AAP

Australian shares edge higher after big Monday sell-off

The ASX200 finished up 0.1 per cent ahead of another inflation readout from the US that could influence the pace of interest rate cuts this year.

AAP

Australian shares rally to reach another all-time high

The ASX200 rose 1.1 per cent to finish above 7,800 for the first time after more talk of rate cuts as soon as June in the US and Europe.

AAP

ASX pays $1m fine over market transparency breaches

The Australian Securities Exchange has paid a $1.05 million penalty to the Australian Securities and Investments Commission over a system error.

AAP

Aussie stocks hit record as Fed chair talks rate cuts

The ASX200 has finished at its highest-ever level for the second time this month after Jerome Powell told Congress rate cuts are likely this year.

AAP

Life360 soars after handily beating earnings guidance

Shares in fast-growing family-tracking tech company Life360 were up more than 30 per cent after it beat guidance and unveiled a new advertising business model.

AAP

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Who Dat: Karoon Energy reveals record $126m profit

Karoon Energy has posted its best-ever profit and is looking forward to more production from its oil and gas field apparently named by a New Orleans Saints fan.

StockNews.com

3 Semiconductor Stocks You Need in Your March Investments

The surge in semiconductor demand, coupled with ongoing innovation and government initiatives, positions the semiconductor industry for substantial growth and technological advancement in the coming years. Hence, it might be prudent to invest in fundamentally solid semiconductor stocks Taiwan Semiconductor Manufacturing (TSM), ASE Technology Holding (ASX), and United Microelectronics (UMC).…

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ASX cautions job cuts possible amid restructuring plan

ASX, the Australian Securities Exchange, announces a potential restructuring plan to adapt to changing market conditions and enhance efficiency. The compan...

AAP

Aussie shares rebound, snapping three-day losing streak

The ASX200 has finished 0.8 per cent higher with Altium soaring on a takeover deal and Wesfarmers and Goodman Group also rising sharply.

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3 Chip Stocks That Investors Love

The chip industry is rebounding, fueled by recovering demand, increased need for AI chips, and capacity expansions in advanced technologies. To that end, renowned chip stocks ASE Technology (ASX), QUALCOMM (QCOM), and Photronics (PLAB), which are now popular among investors, could be wise additions to your portfolio. Read more.

AAP

Merger inks 'pit to battery' plan for vanadium ore body

The merger of Australian Vanadium and Technology Metals creates the leading ASX-listed developer of the ore used in non-flammable, long-term batteries.

AAP

Australian shares follow US higher but miners struggle

The ASX200 climbed 0.8 per cent after US indices surged to record highs, despite falling lithium prices triggering a brutal sell off in mining stocks.

AAP

Australian shares fall again, hitting fresh 5-week low

The ASX200 has fallen 0.6 per cent as traders digested US retail sales data and a fall in Australian employment.

StockNews.com

3 Semiconductor Stocks Worth Watching in 2024

The semiconductor industry’s long-term growth prospects remain optimistic because of the increasing demand across industries. Hence, fundamentally strong semiconductor stocks Trio-Tech (TRT), ASE Technology (ASX) and inTest (INTT) might be ideal additions to your watchlists. Read on.

AAP

'White gold' on ice as mine faces major project expiry

Australia's first and only lithium producer outside Western Australia has had a rocky ride on the "white gold" trail and faces another hurdle.

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3 Chip Stocks to Buy for January 2024 Success

While macroeconomic challenges have had an impact on the chip industry, long-term prospects remain positive. So, fundamentally strong chip stocks, Amkor Technology (AMKR), ASE Technology Holding (ASX) and Applied Materials (AMAT) might be solid buys. Read on.

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