Finance News Network

News by Finance News Network

Finance News Network

Jobs Boost Market, Banks Face Headwinds

25 June 2026 - Robust employment data lifts market, even as specific lenders flag rising loan provisions.

Markets Diverge: AI Buoyed, Private Credit Wanes

25 June 2026 - Stellar chipmaker earnings boost AI optimism amid rising rate concerns for private capital.

SDI Limited Scheme of Arrangement Becomes Effective, ASX Shares Suspended

25 June 2026 - Dental materials company confirms Supreme Court approval and ASIC lodgement, paving the way for A$1.40 per share cash acquisition by Sinocera subsidiary.

TruScreen Group’s Rights Issue Substantially Oversubscribed, Securing Over NZ$4 Million Capital

25 June 2026 - Medical device company TruScreen Group Limited finalises capital raise, citing strong investor support for future growth initiatives.

DGR Global Unveils Two-Year Strategic Plan, Eyes Copper-Gold Expansion and Share Buy-back

25 June 2026 - ASX-listed explorer outlines focus on key commodity discoveries, asset rationalisation, and ongoing major litigation, alongside a planned capital return.

Pengana Capital’s AI Private Opportunities Trust Successfully Completes $267 Million IPO

25 June 2026 - The new Trust, listed as AIX, saw strong demand and is set to commence trading on the ASX in early July 2026.

Winton Land CEO Chris Meehan Takes Immediate Leave

25 June 2026 - Residential Developer Announces Leadership Change Amidst Ongoing Board Process

Daily Special: INOVIQ, Xpedra Resources, Australian Rare Earths

25 June 2026 - Energy and mining stocks lead declines as investors digest resilient employment figures and weaker oil prices

Resources & Energy Group Unveils Production Funding Exploration Strategy for WA Gold Assets

25 June 2026 - REZ to leverage Maranoa joint venture gold production to advance East Menzies Gold Project portfolio, targeting future development at Goodenough and Gigante Grande.

Mesoblast Draws US$50 Million from Non-Dilutive Facility

25 June 2026 - ASX-listed biotech strengthens capital structure and eliminates short-term debt to fuel commercial growth

Flagship Minerals Divests RK Lithium Project for US$4 Million, Accelerates Gold and Copper Pivot

25 June 2026 - The strategic sale of its Thai-based lithium asset bolsters cash reserves and sharpens the ASX-listed explorer's focus on key precious and base metal projects.

KGL Resources Announces $300 Million Equity Raising Initiative

25 June 2026 - Capital injection to proceed via pro-rata entitlement offer and conditional placement to fund company activities.

Wall Street mixed as tech wobbles, ASX eyes jobs data

25 June 2026 - Falling oil prices ease inflation concerns as investors await Australian employment data and key US inflation figures.

Morgan Stanley Fund Limits Investor Withdrawals Again

25 June 2026 - Flagship private credit fund caps redemptions amid broader industry challenges and investor concerns.

Short Sellers Target SpaceX Amid Post-Debut Drop

25 June 2026 - Short interest in Elon Musk's space transport company surges to 13% after market debut.

SEC Intensifies Probe into Private Equity Funds

25 June 2026 - US Regulators Scrutinise Continuation Vehicles Amid Private Market Growth and Valuation Concerns

KNDS Unveils IPO Plans Amid Ownership Restructure

25 June 2026 - Franco-German Tank Maker KNDS Gears Up for Dual Public Listing in July

SK Hynix Unveils Major US Listing Plan

25 June 2026 - Korean chip giant plans multi-billion dollar Nasdaq listing, capitalising on AI surge.

Binance Vows EU Stay Amid Licence Hurdles

25 June 2026 - Crypto giant navigates regulatory headwinds as EU licence deadline looms for operations.

US Banks Strong: Fed Stress Test Confirms Resilience

25 June 2026 - Major US lenders demonstrate robust capital levels, prompting dividend increases after annual review.

Retail Appetite for Private Markets Persists Amid Headwinds

24 June 2026 - Despite rising redemption requests and regulatory scrutiny, retail investors increasingly seek private market exposure.

ASX Short Bets Backfire with Billion-Dollar Losses

24 June 2026 - Seven heavily-shorted Australian firms defy market bears, leading to significant financial pain for hedge funds.

Otto Energy Launches Gulf of America Asset Monetisation Process

24 June 2026 - ASX-listed OEL commences formal review for potential sale of SM 71 and GC 21 oil and gas interests.

Otto Energy Launches Gulf of America Asset Monetisation Process

24 June 2026 - ASX-listed OEL commences formal review for potential sale of SM 71 and GC 21 oil and gas interests.

EROAD Shareholders Meeting Indicates Board-Backed Resolutions Poised to Pass Amidst Strategic Reset

24 June 2026 - Preliminary Voting Results Released as Company Details FY26 Performance and Transformation Initiatives.

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