The Australian market rallied this morning before pulling back to trade lower this afternoon as financial stocks weigh down the ASX. EML Payments is rallying today after the payment tech company?s AGM this morning including an upgraded outlook for the 2022 financial year. Creso Pharma is tanking today following a report from the AFR of Australian Federal Police raids on Sydney offices of Creso Pharma?s non-executive chair and EverBlu chair, Adam Blumenthal. Google has announced a US$740m investment in Australia over the next five-years to build a research hub, increase its cloud computing capacity and fund partnerships with local organisations down under.
VIDEO: EML Payments rallies after upgraded guidance for FY22 & update on CBI issues.
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