Finance News Network

News by Finance News Network

Finance News Network

Cynata Therapeutics Terminates Key Graft Versus Host Disease Trial After Disappointing Phase 2 Results

17 June 2026 - Clinical-stage biotechnology company's CYP-001 trial showed no significant benefit over placebo, leading to early cessation.

NOVONIX Secures A$20.7 Million in Placement, Launches Share Purchase Plan

17 June 2026 - Capital Raise to Bolster Production Capacity for Battery Materials Amidst Growing Demand

Strategic Energy Resources (ASX:SER) to Commence Major Drill Programs Across Queensland Copper and Gold Projects

17 June 2026 - Over 3,000 metres of diamond drilling planned for Canobie, Diamantina, and Bulimba, largely funded by joint venture partners and government grants.

Bass Oil Completes Vanessa Gas Field Acquisition, Targets 2026 Gas Sales

17 June 2026 - Regulatory approval secured for 100% Cooper Basin asset, signalling strategic entry into East Coast Gas Market.

Perpetual Resources to Acquire Historic High-Grade US Tungsten Mine

17 June 2026 - ASX-listed explorer secures Nevada Scheelite project and launches A$2.5 million placement to fund acquisition and development.

SpaceX Valuation Soars Amidst Frenzied Trading

17 June 2026 - Freshly listed SpaceX sees market value defy traditional financial analysis after extraordinary market debut.

ARN Media Finalises Settlement in Legal Dispute with Kyle Sandilands

17 June 2026 - ASX-listed media company announces resolution of Federal Court proceedings, detailing financial terms and future arrangements.

SpaceX Seals $85 Billion Cursor AI Acquisition

17 June 2026 - Deal strengthens Elon Musk's xAI push to challenge coding tool rivals.

ASX set to ease as investors rotate out of tech

17 June 2026 - Banks and industrials gain on lower energy costs while semiconductor stocks retreat from recent highs

Oil may start flowing this week, the market fallout could last for months

17 June 2026 - Despite peace deal, global financial advisor signals sustained uncertainty for energy prices and monetary policy.

Border to Coast Trims US Exposure Amid Concentration Fears

17 June 2026 - UK's largest pension fund shifts assets from US tech to Europe and Asia, citing risk.

Snap CEO Defends AR Vision Amid Investor Pressure

17 June 2026 - Evan Spiegel defends Specs unit, prioritising long-term strategy despite activist investor demands.

Warsh Pushes for Smaller Fed Balance Sheet

17 June 2026 - New Federal Reserve chief advocates for reducing bond holdings amidst ongoing policy debate.

UniCredit’s Commerzbank Bid Nears Conclusion

17 June 2026 - Italian Banking Giant Aims to Solidify German Stake Amidst Government Opposition

Golf Club Boom Drives Multi-Billion-Dollar Deals

17 June 2026 - Apollo Global Sells North America's Largest Private Country-Club Operator to KSL Capital

$300 Billion Private Fund Targets Iran

17 June 2026 - Significant private investment aims to unlock Iran's economic potential following U.S.-Iran framework.

Institutional Investors Set to Boost EM Private Credit

17 June 2026 - Gemcorp survey indicates 42% of investors plan increased allocations, driven partly by developed market default concerns.

Citigroup Sued Over Alleged Trump Client Concerns

17 June 2026 - Former executive claims dismissal stemmed from flagging risk deficiencies, including a potential Trump numbered account.

Germany Rejects UniCredit’s Commerzbank Bid

17 June 2026 - Berlin Cites Low Price and 'Aggressive Approach' Amidst Ongoing Takeover Battle

Goldman Sachs Achieves Trillion-Dollar M&A Milestone

17 June 2026 - The global investment bank sets a record pace, managing over $1 trillion in half-year mergers and acquisitions.

KPMG Scandal Deepens Big Four’s Government Contract Woes

16 June 2026 - Federal government business for top accounting firms nearly halved following recent and past scandals.

Commerzbank Shares Dip Below UniCredit Offer Value

16 June 2026 - German bank's stock now below UniCredit's implied takeover bid value.

Japan Lifts Rates to Decades-High Amid Inflation Fight

16 June 2026 - Bank of Japan signals commitment to monetary normalisation as price pressures broaden across economy.

EIB Eyes More Impactful EU Lending, Not Just Volume

16 June 2026 - Nadia Calvino confirms EU owners prioritise impact and risk-taking over simply increasing EIB loan volumes.

EBA Proposes Balanced Bank Capital Simplification

16 June 2026 - Authority details "targeted" changes to boost competitiveness without compromising financial stability.

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