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Evergrande crisisPremiumMarkets keep wary eye on Evergrande crisis

Many think China will step in to manage a bailout of the Chinese property developer, but Beijing is keeping investors guessing.

Sean Smith

Major opportunityPremiumWA could be a global player in blockchain technology

WA has the right ingredients to be a global player in blockchain as adoption of the decrentalised technology shows no signs of slowing down, says Perth-based crypto investor Ian Love.

Kate Purnell

COVID painsPremiumNike misses sales targets amid production delays

Nike posted first-quarter sales that missed Wall Street estimates as production and shipping delays hobbled the company’s efforts to meet strong demand for shoes and athletic wear.

Kim Bhasin

Strong interestPremiumSandfire swamped on raising for Spanish acquisition

Sandfire Resources is understood to have been swamped with interest in a $1.26b equity raising for the MATSA copper-zinc mine in Spain despite a mixed reaction from analysts.

Stuart McKinnon

Share price plungePremiumFleetwood hit as pandemic hit widens

Having warned about the impact on its modular construction business, the group says east coast lockdowns are now also hurting its RV products arm.

Sean Smith

Uncertain fatePremiumChina urges Evergrande to repay retail investors

Beijing financial regulators issued a broad set of instructions to Evergrande, encouraging the embattled developer to take all measures possible to avoid a near-term default on dollar bonds.

Bloomberg

MarketsThird straight week of losses on ASX

September is proving a miserly month for ASX investors, who had their third consecutive week of losses.

Steven Deare

Rattling the tinPremiumThreat Protect in heavily dilutive $32m raising

The WA security firm is issuing 2.8 billion new shares to raise cash to pay down debt.

Sean Smith

MarketsASX on three-day winning streak

The ASX climbed higher for a third straight day after a positive lead from Wall Street, as concerns about Evergrande eased.

Rebecca Le May

Market manipulationPremiumASIC issues warning over ‘pump and dump’ activity

The corporate watchdog has issued a warning against the rise of “pump and dump” activity being fuelled through social media, reminding listed companies and investors market manipulation is illegal.

Kate Purnell

Privileged positionPremiumAgrimin first potash play to get lead agency status

Aspiring sulphate of potash producer Agrimin has been granted lead agency status for its Lake Mackay project in remote WA.

Stuart McKinnon

Huge salePremiumUnder-fire Carillon owners in Jandakot Airport buy

Property giant Dexus, which has come under fire this week over the eviction of tenants from its Carillon City arcade in Perth, has bought Jandakot Airport along with another operator for $1.3 billion.

Adrian Lowe

MarketsBiggest gains on ASX since August 2

Investors enjoyed their biggest gains on the ASX since August 2 as hope remained that troubled property giant Evergrande may still pay its huge debts.

Steven Deare

Fresh leadershipPremiumFMG’s new seniors to drive net zero emissions target

Fortescue Metals Group chairman Andrew Forrest says four senior appointments announced yesterday reflect the future of the company as it transitions to a green energy giant.

Daniel Newell

Big buyPremiumSandfire’s transformational $2.6b Spanish acquisition

The Karl Simich-led Sandfire Resources looks set to avoid a looming gap in its production profile via a big acquisition of an operating copper mine in Spain.

Stuart McKinnon

EconomyPremier’s Lew wants virus checks at mall entry

Retail kingpin Solomon Lew has called for shopping centre visitors to be screened for coronavirus on entry rather than the burden fall to individual stores.

Steven Deare and Kaaren Morrissey

Global marketPremiumFonterra eyes Aussie IPO with focus on NZ milk

Fonterra Co-operative Group, the world’s biggest dairy exporter, says it will divest more offshore assets and focus on extracting greater value from its New Zealand milk amid strong global demand.

Matthew Brockett

Bigger stakePremiumTwiggy turns tide in fight with BHP for Canadian nickel

A bidding war for a small Canadian nickel miner is showing no signs of cooling as its largest shareholder, WA mining magnate Andrew Forrest, took a formal step to increase ownership.

Yvonne Yue Li

Buy inPremiumFinlayson starts from the beginning with Genesis

Former Saracen Mineral Holdings boss Raleigh Finlayson will join Genesis Minerals as managing director and stump-up cash to take a substantial stake in the junior gold explorer.

Stuart McKinnon

MarketsChinese giant’s payment helps lift ASX

A positive development in the Evergrande saga has helped lift the ASX, which racked up its second straight days of gains.

Rebecca Le May

World-firstPremiumAfterpay goes old school with new Retro feature

Afterpay have announced it will launch a new world-first feature called Afterpay Retro with its lifestyle app Money, which will begin rolling out next month.

Caitlin Paroczai

Improved economicsPremiumSandfire outlines case for expanded Motheo project

Sandfire Resources has released a maiden ore reserve for its A4 copper deposit in Botswana that will lay the foundations for an expansion of its Motheo copper project.

Stuart McKinnon

Gulp!PremiumACCC to examine Lion’s proposed takeover of Fermentum

A deal by global giant Lion to buy Fermentum — the company that makes Stone & Wood and Two Birds — will be examined by the ACCC.

Adrian Lowe

Strategic movePremiumAustralia’s Zip Co expands into Indian BNPL market

Australian buy now, pay later group Zip Co is expanding into the Indian market as the company looks to grow its global presence.

Kate Purnell