HSBC hit by sixfold surge in Hong Kong property loan defaults
HSBC’s exposure to defaulted commercial property loans in Hong Kong surged almost sixfold to more than $3 billion (NZ$4.8b) ...
Intel gains after report Qualcomm has approached about a takeover (update)
Intel ( NASDAQ: INTC) rose 4% amid a report that Qualcomm ( QCOM) has approached about a takeover. Qualcomm fell 3.7%.
Rio Tinto's Fair Value Estimate Reduced on Lower Iron Ore, Copper, and Aluminum Prices
Rio Tinto is one of the world’s largest miners with operations in iron ore, aluminum (including bauxite and alumina), copper, and minerals (mineral sands, borates, salt, diamonds). Commodity demand is ...
Olivia Wirth’s big plans for Myer take shape
Former Qantas executive Olivia Wirth has moved at lightning speed in her first 100 days in charge of the retailer. This is ...
Growthpoint to launch fund on back of $90m Canberra building play
Canberra’s office market could see a breakthrough office acquisition, with Growth­point Properties Aus­tralia’s fund business ...
Runway Growth Finance: Dividend Cut Seems Imminent
Runway Growth Finance continues to face deteriorating portfolio quality and declining net investment income. See more on RWAY ...