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AUSTRALIAN STOCK MARKET
- Firmus $5 billion float failure deals blow to Australia's shrinking share marketFirmus has decided to scrap its ambitious $5 billion IPO, primarily due to the prevailing market volatility. This choice is a major blow to...
Global Market: Maas Group shares plunge 11% after Nvidia-backed Firmus scraps $5 billion IPOMaas Group shares plunged nearly 11% after Nvidia-backed Firmus withdrew its planned $5 billion IPO, raising valuation concerns. Despite th...- Global Market Today: Asian stocks drop on tech jitters, oil edges lowerThe MSCI Asia Pacific equities index edged 0.1% lower early Friday. Japan’s Nikkei fell over 1%, with Softbank Group Corp. declining more t...
- In 2020, a UK entrepreneur invested £12,000 in a fashion side hustle; 4 years later, it generated £6 million a year and had reached an estimated £24 million valuation£12,000 became the starting point for a fashion business that would reach almost £6 million in annual revenue. Aimee Smale launched OD Muse...
- India, Australia aim to expedite CECA, review ECTA progress to maximize duty-free access for Indian exportersIndia and Australia are looking to accelerate negotiations on their Comprehensive Economic Cooperation Agreement, with Commerce Minister Pi...
- FOREX-Euro slides to 17-month low, hit by rates and inflation cocktailAs political instabilities linger, the euro has descended to its lowest point in over 17 months when measured against the dollar. This shif...
- Global Market Today: Asian shares mixed as bond yields, oil keep investors on edgeContracts for the S&P 500 Index rose 0.5% after the underlying gauge erased its gains to close 0.2% lower in the final hours of Wednesday t...
- Anthropic says rogue AI agents pose uncertain legal risk for the companyAnthropic could face legal claims from customers and users over the actions of rogue artificial intelligence agents, though the legal frame...
- Global Market Today: Asian shares mixed as surging oil, Treasury yields weighEquity-index futures for Asia were mixed, while contracts for US stocks edged higher after the S&P 500 erased its advance for the month and...
- Anthropic, OpenAI sound AI doomsday warning, Nvidia may have an answer. Here's explainerAI safety debate has divided the industry, with the heads of Anthropic and OpenAI championing a coordinated slowdown of Artificial Intellig...
- Anthropic, OpenAI sound alarm on AI safety — and seek to shape how it's controlledThe CEOs of Anthropic and OpenAI recently declared America's cutting-edge models are so powerful, they're dangerous, and need to be regulat...
- Global Market Today: Asian shares slide as bond selloff fuels rate fearsAustralian and New Zealand 10-year government bonds slipped in early Asian trading. The yield on a global bond index hit 4% for the first t...
- IRDAI proposal hits insurance stocks; FSSAI vs ecomm giantsThe insurance regulator has proposed new limits on commissions as part of a wider overhaul. This and more in today’s ETtech Top 5.
- Global Market Today: Asian stocks edge higher, oil extends lossesMSCI’s Asia Pacific equities gauge advanced 0.2% with Japan shut for a public holiday. S&P 500 futures rose 0.3% after the underlying gauge...
- Sebi to examine discount brokers’ concerns over new UPI MDRSebi is set to investigate the issues raised by discount brokers regarding new UPI charges that will impact large fund transfers starting O...
- Dollar near two-week high as oil surge lifts yields, Fed hike betsStrengthening towards a two-week high, the dollar gained ground as oil prices jumped and Treasury yields rose. With a significant rate hike...
- Qualitatively 'happy hours': India’s liquor problem is not what you thinkIndia's food regulator has targeted popular alcohol brands for using neutral spirit and misleading ageing claims. Many Indian liquors are a...
- NSE IPO is selling a monopoly. Investors should watch the refereeNSE's upcoming listing presents investors with a dual business model. The exchange operates as a profit-generating toll booth and a regulat...
- Demutualisation: The driver behind stock exchange IPOsThe National Stock Exchange has successfully gained regulatory approval for its forthcoming initial public offering, marking a significant ...
- Quote of the day by Russell Crowe: 'The secret to riches is the same as the secret to...' Life lessons from motivational quote on success, wealth creation, right moment, execution, opportunity, patience and readinessQuote of the day by Russell Crowe, “The secret to riches is the same as the secret to comedy – timing,” explains how success can depend on ...
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