Korea's $5.3b JB Asset Management backs Newlake's Arrium bid
South Korea's JB Asset Management is part of the Newlake Alliance private equity bid for the Arrium assets.
FOMO 'is putting the economy at risk'
Tim Samway of Hyperion Asset Management says fear of missing out has led to high risks for the Australian economy as a whole due to overexposure to the heavyweight banking sector.
LNG export control battle heats up
Gas exporters have told the government that plans to control LNG exports risk making the local supply problem worse.
US Treasury unveils financial reforms
Changes proposed include easing up on restrictions big banks now face in their trading operations and lightening the annual stress tests they must undergo.
ASX has best day in seven months
The ASX dodged the US mini-tech-wreck, surging to its best day in seven months, as investors flooded back into beaten-up bank stocks.
SMS halts vote on DWS bid
A shareholder vote on the proposed acquisition of ASX-listed IT services provider SMS Management and Technology by DWS has been postponed.
Markets Live: Banks trump tech
Investors ignored a mini US tech-wreck and ploughed into the big banks, helping the ASX record its best session in seven months, supported b...
Tech sell-off isn't the end of the world
Whenever tech stocks take a tumble it doesn't take long before investors start to remember the severe tech sell off of 2000. This time is no...
Too late to invest in Europe?
The extreme relative value has gone, offering an important lesson for investors.
GE investors can now turn the page
Jeffrey Immelt's recent troubles were heightened by Trian Partners, a fund that owns a $2b stake. It claims that GE shares should be as much...
