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CBA Appoints Victoria Ledda as Group CIO, Stock Flat on June 20
Commonwealth Bank appoints Victoria Ledda as Group CIO and Rodrigo Castillo as Group CTO from July 1, 2026.
Retiring Abroad With Your Pension: What Australians Need to Know, June 19
Australian retirees can retire abroad affordably. Thailand ranks second globally for retirement. Explore pension rules, visas, and healthcare options.
Brookfield Sells Multiplex to Japan’s Obayashi for $924M, June 19
Brookfield sells Multiplex to Japan’s Obayashi for $924M AUD. Deal includes $530M cash upfront plus performance-based earn-out. Closure expected by…
Affirm Stock Falls 5.3% to $70.73 on Valuation Concerns, June 18
Affirm stock fell 5.3% to $70.73 on June 17 amid valuation concerns and sector headwinds affecting the buy-now-pay-later fintech lender.
HSBC Ordered to Pay $35M Penalty for Scam Protection Failures, June 19
Federal Court orders HSBC to pay $35 million AUD penalty for failing to protect Australian customers from scams and investigation delays.
Hancock Prospecting Cuts Jobs at Roy Hill Mine, June 18
Hancock Prospecting reduces Roy Hill workforce while developing Round Hill mine to sustain iron ore production above 63 million tonnes annually.
Strategy Inc (MSTR) Faces Dividend Strain as Bitcoin Holdings Weigh on Stock
MicroStrategy (MSTR) stock faces pressure as STRC preferred stock trades below par. Dividend coverage and acquisition strategy draw analyst scrutiny.
Strategy Inc (MSTR) Defends Bitcoin Sales as Dilution Fears Mount, June 17
Strategy Inc defends bitcoin sale as strategic move to build credit products and generate preferred dividend revenue amid competition.
Yum Brands Sells Pizza Hut for $2.7B to LongRange Capital, June 17
Yum Brands sells Pizza Hut to LongRange Capital and Yum China for $2.7B, splitting operations as the brand faces declining sales.