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The Latest Breaking News from ASX

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.

StockNews.com

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

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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.

AAP

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.

StockNews.com

'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.

AAP

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.

StockNews.com

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Arcadium set to join ASX200 after Allkem-Livent merger

Arcadium will be the world's third-biggest lithium producer, a combination of Brisbane-headquartered Allkem and Philadelphia-based Livent.

AAP

Link Group, Adbri agree to billion-dollar takeovers

Sydney-based financial services company Link Group and Adelaide-based cement company Adbri are set to leave the ASX after agreeing to takeover offers.

AAP

Chemist Warehouse to land on ASX via merger with Sigma

Privately held Chemist Warehouse has agreed to merge with Sigma Healthcare in a deal that will create a retailer worth around $9 billion.

AAP

Exploring the Profit Potential of 3 Chip Stocks in December

Chips are in high demand due to the widespread use and adoption of advanced technologies. Therefore, let's explore the prospects of chip stocks Wolfspeed (WOLF), Texas Instruments (TXN), and ASE Technology Holding (ASX). Read on….

StockNews.com

ASX edges lower amid late energy sector resurgence

The Australian share market recovered to finish just 0.1 per cent down after whipsawing oil prices sent energy stocks on a wild rollercoaster ride.

AAP

ASX skyrockets as economy shows sign of weakness

The ASX200 made its biggest daily gain in more than a year as lower-than-expected GDP growth signals the RBA's rate rises are having their intended effect.

AAP

ASX notches gain as investors swarm back to stocks

The ASX200 has climbed 0.7 per cent as investors feel more confident global central banks will stop tightening rates earlier than previously thought.

AAP

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StockNews.com

Intel Corporation (INTC) vs. ASE Technology (ASX) - Analyzing the Dominant Chip Stock

Amid rising chip demand across sectors and the integration of AI, the chip industry’s prospects appear promising. Chip stocks, Intel (INTC) and ASE Technology (ASX) are well-positioned to benefit from the industry tailwinds. However, which of these is the dominant chip stock? Read more to find out.

The Conversation

The Optus outage shows us the perils of having vital networks in private hands

Optus chief executive Kelly Bayer Rosmarin is set to front a Senate inquiry this week, probing last week’s colossal outage which left millions stranded without internet or mobile phone connectivity for a staggering 14 hours.

AAP

Caddick's husband gives up fight for fraudster's goods

The husband of deceased fraudster Melissa Caddick will walk away with a handful of luxury goods with other items to be sold and funds returned to investors.

AAP

Aust shares break winning streak as RBA lifts rates

The ASX200 has finished down 0.3 per cent in its first losing day this month after the Reserve Bank raised interest rates for the first time in five meetings.

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The Guardian - AU

Top ASX firms report improved social and environment performance by revising past data, study finds

Research finds companies more likely to revisit corporate social responsibility results when tied to CEO pay

AAP

Marex becomes newest ASX futures clearing participant

London-based Marex was recently added to the ASX futures clearing registry, which is heavily concentrated between just a few participants

AAP

Australian shares rise again, close at three-week high

The ASX200 has finished up 0.7 per cent in its fifth straight day of gains amid a pullback in US bond yields and reports of new stimulus measures from Beijing.

AAP

Australian share market plunges to six-month low

The ASX200 has slumped to its lowest in six months and the dollar to its weakest since November, despite interest rates staying on hold.

The Guardian - AU

PwC Australia reveals more breaches on heels of scathing report into consultancy scandal

Firm releases ‘statement of facts’ alongside Switkowski review making further admissions about government consultation work

The Guardian - AU

PwC to restructure board as report into consultancy scandal released

PwC Australia will also commit to publishing audited financial statements

The Guardian - AU

Mining once made this Pacific island unliveable, now residents fear its return

Australian mining company puts Banaba exploration plan on hold amid islanders’ concerns their phosphate-rich homeland may again be exploited

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