Investing

The Reserve Bank of Australia will announce today if a much-anticipated rate cut will take place. If it does, it may buoy businesses, says Airwallex’ head of ANZ.

Robyn Denholm, who’s led the board since 2018, made $168 million in the past year exercising stock options in the company, including sales worth $43 million last week.

The proposal, which was announced in December, ran into a wall after Honda proposed a structure that would make Nissan its subsidiary instead of an equal partner.

“Changes to the organizational structure will improve standardization, centralization, efficiency and results,” explained Chevron Vice Chairman Mark Nelson in a statement.

GameStop shares surged over 9% after the company’s CEO posted a photo of him alongside MicroStrategy co-founder Michael Saylor.

Star Entertainment Group—backed by Australian gambling billionaire Bruce Mathieson—is in talks to sell its resort complex in Brisbane to its Hong Kong partners as the cash-strapped casino operator seeks to raise fresh capital to shore up its finances.

Property prices in Australia are easing, according to CoreLogic data, yet rent rates remain at an all-time high. Could this be the right time to finally move out of the rental trap and into home ownership? Here’s what you need to know.

The financial services brand, known as “Truth.Fi,” will focus on “American growth, manufacturing, and energy companies,” according to a release.

Homeowners holding out for a rate cut might finally see some relief, with new Consumer Price Index data from the Australian Bureau of Statistics showing annualised inflation is slowing.

Crypto is riding high once again, but investors still need to be careful about where they put their money.