IPO queue shrinks after 18pc loss
The market for IPOs will remain soft this year after 2018 saw the share price of new listings decline on average for the first time in recent history, HLB Mann Judd has found.
Markes Live: Qantas, banks drag ASX into red
A morning rally led by gold and iron miners has faded away as negative bank and industrial sentiment drags on the ASX.
Inflation just beats expectations
Inflation over the December quarter has marginally beaten economists forecasts thanks to a rise in the cost of tobacco, domestic holiday expenses and fruit. This is the first time in eight quarters that the CPI has beaten expectations.
Tesla has just 4 weeks to rally 21pc or pay $1.3b
The clock is now ticking for Elon Musk to avoid a $US920 million ($1.3 billion) bill for Tesla. That's the amount of debt coming due March 1 from convertible bonds issued back in 2014.
Pounding could have been worse for sterling
Considering that lawmakers rejected a proposal to delay the U.K.'s exit from the European Union, the pound could have had it much worse.
ASX poised to open higher
Australian shares are set to open higher ahead of the release of fourth quarter CPI data.
Apple flags lower sales ahead
Apple said sales for its fiscal second quarter would most likely be lower than Wall Street expected. Its shares rose.
Copper set for modest rebound
Copper and other base metals prices will recover only modestly this year as Chinese demand eases, a Reuters poll showed.
US consumer confidence sinks to 18-month low
US consumer confidence fell in January as a partial shutdown of the government and financial markets turmoil frayed nerves.
Splitit jumps 90pc on first day of trade
Israeli fintech start-up Splitit has got the tech initial public offering market off to a cracking start for 2019, with the payments splitti...
