Inghams addresses share price spike and denies takeover rumors
Inghams Group (ASX:ING) responded to a stock exchange price query after its share price rose from $2.08 to $2.23 in a single trading session.
Inghams Group (ASX:ING) responded to a stock exchange price query after its share price rose from $2.08 to $2.23 in a single trading session.
An auction of 10-year and 30-year US treasuries lured decent appetite from investors demanding more compensation to finance the US government. The sales followed a subdued core inflation print, easing pressure on the Federal Reserve to raise interest rates next month. But with soaring government spending, a swelling budget deficit and an investment boom driven by AI demand showing no sign of slowing, investors are questioning whether elevated yields can be sustained. The Opening Trade spoke to guests about the outlook for the US bond market.
Canva saw its external valuation fall by US$7.1 billion amid rising artificial intelligence costs.
NRW Holdings (ASX:NWH) subsidiary Golding Contractors secured approximately $130 million in civil works contracts from Stockland Development.
Macquarie (ASX:MQG) is reassessing its KPMG audit appointment after an enquiry prompted a review of 130,000 internal communications.
Kalgoorlie Gold Mining (ASX:KAL) completed its aircore drilling campaign at the Flexure target located southeast of the Pinjin gold deposits.
The Australian Productivity Commission stated 2018 GST reforms have cost taxpayers $23 billion since inception.
The US will soon announce what it bills as unprecedented economic measures against Iran, Treasury Secretary Scott Bessent said, intensifying the Trump administration's effort to force Tehran's capitulation through financial pressure. Bloomberg's Stuart Livingstone-Wallace breaks down what we know about the plans.
Ainsworth Game Technology (ASX:AGI) executed an $8.5 million patent licence agreement with Aristocrat Technologies.
Ryder Capital (ASX:RYD) recorded a 45.79% comprehensive income increase to $31.8 million in FY26.
The US government sold 30-year bonds at the highest interest rate in a quarter century, a testament to investors' demand for greater compensation to finance the nation's growing deficit. Standard Chartered CIO for North Asia, Raymond Cheng, discusses how long such yields will remain sustainable.
Catalyst Metals (ASX:CYL) increased its corporate credit facility to $200 million, bringing total treasury resources to $531 million.