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EXPLAINED: 11 - The Real Truth

Star's acting chief executive resigns; ASX falls after global stocks tumble on interest rate fears

ASX falls after global stocks tumble on interest rate fears, as casino operator Star's acting chief executive officer resigns.

ABC News

Judge doubts $90m loan claims and questions ASX announcements

Creditors claim more than $70m from failed plastics-to-fuel company IGE.

Newcastle Herald

2023 Mitsubishi ASX Debuts With Five Powertrain Tunes To Pick From

There's even a plug-in hybrid version available.

Motor1

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read the most diverse news in one place.

Shattering New Data Reveals It’ll Take 100 Fkn Yrs Before Women Run 40% Of Aus’ Top Companies

New data has determined it would take 100 years for women to take up CEO positions at even 40 per cent of Australia's biggest companies.

Pedestrian.tv

Gender equality in Australia’s top public CEO roles 100 years away on current trends, report finds

‘It’s just staggering to see that so many companies on the ASX have stalled or gone backwards,’ head of Chief Executive Women says

The Guardian - AU

It could take 100 years for corporate Australia to achieve CEO gender balance, CEW Census shows

If nothing is done to change it, new data from the Chief Executive Women Census shows it will take about 100 years for corporate Australia to have at least 40 per cent women in CEO positions on the ASX300.

ABC News

Dartbrook coal mine sale stalls, current owners lobby shareholders to help pay $100m debt

The mothballed Dartbrook coal mine in the Hunter Valley had three sale bids, but all options have since hit snags.

ABC News

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Outgoing Fortescue Metals boss Elizabeth Gaines says China will want Australian iron ore 'for a long time to come'

Australia's iron lady, Elizabeth Gaines, says she doesn't expect global tensions to impact iron ore demand as she prepares for her final days running Fortescue Metals Group.

ABC News

Market wrap: Crude oil price continues to climb, dragging petrol with it

Meanwhile, the ASX200 eased ahead as traders digested a busy week of earnings reports as corporate Australia negotiates higher costs and interest rates.

The New Daily

Queensland’s casino inquiry: what will it examine and what could happen to Star?

Public hearings are set to begin on Star’s suitability to keep its casino licences in Brisbane and the Gold Coast

The Guardian - AU

Tassal recommends shareholders accept $1.1 billion takeover bid from Canadian seafood giant Cooke

These unassuming Canadians have just offered $1.1 billion to take over Tasmania's last locally owned salmon producer, turning the company private — in a move that has some worried for the environment and accountability.

ABC News

Week of gains as markets rally and unemployment hits record low

What to watch in markets this week: The ASX200 closed higher for a fourth straight week, and it is now 10 per cent above its June lows.

The New Daily

Rest In Yeast: A Rival Biz Has Taken The Inspired Unemployed To Court Over The Boys’ Beer Brand

Brick Lane Brewing claims the boys' brew, Better Beer, makes "false, misleading or deceptive representations”.

Pedestrian.tv

Short Volatility Alert: ASE Technology Holding Co.

On Thursday, shares of ASE Technology Holding Co., Ltd. (NYSE: ASX) experienced volatile short activity. After the activity, the stock price went down -2.64% to $5.17. The overall sentiment for ASX has been Bearish.

Benzinga

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ABC News

Investors warned against 'buying the dip' in market downturn as ASX drops 10pc for the year

"Buying the dip" is no longer an easy way for inexperienced traders to make money, according to a seasoned stockbroker, despite the ASX losing roughly $250 billion in the past year.

ABC News

Ford Motor Company provides loan to Liontown Resources to develop Kathleen Valley lithium mine

ASX-listed Liontown Resources signs a deal with US motoring giant Ford to develop a $545 million lithium mine to supply the metal used in electric vehicle batteries.

ABC News

Tasmanian salmon producer Tassal being circled by Canadian seafood giant Cooke

Hot on the heels of Brazilians snapping up a Tasmanian salmon company, the last locally owned producer is in the sights of a Canadian seafood giant, news that has been welcomed by the island state's Premier, Jeremy Rockliff.

AAP

Investor caution urged for carbon-rich ASX

The Australian Stock Exchange has the second-lowest alignment to the Paris climate pact with most future spending by companies missing the global warming mark.

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Benzinga

10 Psychedelics CEOs To Pay Attention To In 2022

By Javier Hasse and Aaron Bry. 2020 and 2021 were defining years for the burgeoning psychedelics industry. In 2021 alone, more than $730 million were invested into various psychedelic companies, both private and public.

ABC News

The ASX opened strong after the US interest rate rise buoyed Wall Street. But it hasn't cancelled out Tuesday's losses

It's been a dramatic few days on the Australian stock market, with steep losses followed by a brief rise on Thursday morning. But there are still more twists and turns to come.

Benzinga

Blackhawk Appoints Justin Hanka as Chairman of The Board

Vancouver, British Columbia – TheNewswire - June 06, 2022 – Blackhawk Growth Corp. (the "Company") (CSE:BLR) (OTC:BLRZF) (Frankfurt:0JJ) is pleased to announce the appointment of investment banker Justin Hanka as Director and Chairman of the Board of Directors to help execute corporate transactions in Blackhawk.

ABC News

US financial regulators threaten to delist Chinese companies but will Beijing compromise to save their American dream?

For decades, Chinese billionaires and entrepreneurs have dreamt of their companies making it on the New York stock exchange, but now they face the risk of being delisted if Beijing does not step back.

Motor1

2023 Mitsubishi ASX Engine Specs Revealed, PHEV Gets 160 Horsepower

The base model is getting a 1.0-liter three-pot mill with a mighty 91 hp.

Benzinga

Crest Announces the Following Corporate Update, Property Acquisition and Financing

Highlights Additions to Management and Board

AAP

Appen down 22pct after Telus revokes bid

A Canadian tech conglomerate has withdrawn its $1.2 billion tentative takeover offer for Sydney-based Appen, which provides services to the AI industry.

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