AMEX : EWA
-$0.06 (-0.2%)
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Allied Universal Partners with Chime to Deliver Fee-Free Financial Solutions to Hundreds of Thousands of Employees
Chime (NASDAQ: CHYM) today announced Allied Universal, a global leader in security and facility services, as its newest employer partner. The partnership will gurufocus.com - 2026-08-03 10:00:00 |
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China raises EV ambitions with 30% fleet target by 2030
China has unveiled a new carbon-peaking action plan that targets new energy vehicles (NEVs) accounting for 30% of the country's total vehicle fleet by 2030, marking a significant step in the electrification of the world's largest automobile market. The State Council on Thursday released the "15th Five-Year Plan" Carbon Peaking Action Plan, outlining the country's roadmap to peak carbon emissions before 2030. invezz.com - 2026-07-09 06:52:27 |
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Australian shares little changed as gold miners, consumer stocks drag
Australian shares were little changed on Tuesday as losses in gold, mining and consumer stocks countered gains in banks and tech stocks, while software heavyweight WiseTech Global jumped to its highest in near three weeks after naming a new chair. reuters.com - 2026-07-06 21:20:36 |
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S&P 500 Concentration Risk: What to Know Now
The S&P 500's top 10 stocks now make up ~40% of the index. VEFA seeks to provide developed international exposure with an analyst sentiment tilt, which may help reduce concentration risk. etftrends.com - 2026-07-04 08:45:54 |
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Australia's tax overhaul chills nation's long love affair with property
Just a short stroll from Sydney's famous Bondi Beach, auctioneer Clarence White struggles to drum up bids for an airy three-storey home that boasts five bedrooms and an al fresco lounge - price tag, A$5.2 million ($3.64 million). reuters.com - 2026-06-22 21:10:57 |
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Australia extends fuel excise relief to ease household cost pressures
Australia will extend fuel excise relief for an additional month, Prime Minister Anthony Albanese said on Sunday, as the country continues to grapple with higher fuel costs during the Iran war. reuters.com - 2026-06-20 20:19:29 |
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Australian lawmakers, grilling KPMG, suggest more regulation of audit industry may be needed
Australian lawmakers on Friday suggested further regulation of the Big Four accounting firms could be necessary as they grilled KPMG executives over allegations of misconduct — the second big scandal in the country's industry since 2023. reuters.com - 2026-06-19 00:41:38 |
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At Hong Kong auto show, China automakers to target wealthy in right-hand-drive markets
Chinese automakers are speeding into right-hand-drive markets from Australia to Southeast Asia and challenging long-dominant Japanese car companies with premium electric vehicles aimed at affluent consumers. reuters.com - 2026-06-17 19:08:56 |
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Australia's ASX proposes 25% cap on share issuance in public M&A without shareholder vote
The Australian Securities Exchange will introduce major new changes that cap companies from issuing more than 25% of their existing share capital to fund public takeovers without a shareholder vote, bowing to pressure from investors concerned about becoming diluted in corporate buyouts. reuters.com - 2026-06-16 21:05:40 |
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Sydney's new international airport to welcome first passengers in October
Sydney's new A$5.6 billion ($3.6 billion) airport will open to passengers in October after more than a decade of planning, adding red-eye flight options from Australia's largest city as the existing hub operates under night curfew restrictions. reuters.com - 2026-06-09 21:58:04 |
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Nikkei 225 sinks as US-Iran clashes spark fresh risk-off trade
Asian equities fell on Thursday as renewed fighting between the United States and Iran pushed investors back towards safer assets, even as oil prices eased after Israel and Lebanon moved to implement a ceasefire. MSCI's Asia-Pacific ex-Japan index dropped 1.5%, while S&P 500 e-mini futures slipped 0.5%. invezz.com - 2026-06-04 00:19:35 |
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Australia's first-quarter economic growth misses estimates on severe weather, weak demand
Australia's GDP expanded 2.5% in the first three months this year, missing expectations. On a quarter-on-quarter basis, Australia's GDP grew 0.3% compared with 0.5% forecast. cnbc.com - 2026-06-02 21:46:08 |
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FTSE 100 rises as mining stocks rally on stronger metal prices
The UK's blue-chip index advanced on Tuesday, supported by gains in mining-related shares as base metal prices strengthened, while energy stocks came under pressure following a decline in crude oil. Broader sentiment was also influenced by geopolitical developments, including renewed expectations of progress in US–Iran talks. invezz.com - 2026-06-02 08:54:42 |
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Australia's CBA flags surging AI costs as tasks grow complex, slams 'work slop'
The cost of using AI will rise in less predictable ways as companies deploy the technology for complex tasks, the head of Australia's biggest bank said on Tuesday, calling the expense a key emerging management challenge. reuters.com - 2026-06-02 00:18:56 |
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Australia extends measure that releases petrol and diesel from domestic reserves
Australia on Saturday extended a measure that releases petrol and diesel from domestic reserves, Energy Minister Chris Bowen said, as the country continues to grapple with the impact of the Iran war on energy supplies. reuters.com - 2026-05-29 22:14:43 |
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Once investor darlings, Australian banks get reality check on mortgage change
A looming slowdown in mortgage lending, higher provisions for souring loans and rising interest rates are darkening the outlook for Australian banks, pushing investors away from their once-favoured stocks. reuters.com - 2026-05-27 03:39:15 |
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ASX 200 index on edge as Australian bond yields fall after inflation cools
The ASX 200 Index remained in a tight range while Australian bond yields fell after the latest consumer inflation report. It was trading at A$8,660, a few points below this week's high of A$8,715. invezz.com - 2026-05-26 22:35:24 |
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'Europe doesn't realize how dangerous it is': Telecoms CEO warns of U.S. dominance in satellites, AI
"Europe doesn't realize exactly how dangerous it is to just rely on the American infrastructure," Bouygues CEO Olivier Roussat told CNBC on Thursday. Elon Musk's Starlink currently dominates the global satellite internet service, and its parent company SpaceX is planning to list on Nasdaq in what could be one of the biggest IPO ever. cnbc.com - 2026-05-21 05:29:22 |
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Australian regulator flags rising global private credit risks, steps up oversight
Australia's financial regulator warned on Thursday that domestic private credit institutions are exposed to risks linked to global market developments and will require closer scrutiny. reuters.com - 2026-05-20 20:41:12 |
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Australia's tax changes will re-wire investors to chase income
Australia's planned tax overhaul is set to reshape the market's investment landscape, with high-dividend blue chips poised to benefit at the expense of growth-oriented stocks, fund managers say. reuters.com - 2026-05-19 23:33:22 |
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Australia shares rebound as US delays Iran strikes, revives peace deal hopes
Australian shares bounced back from a more-than-one-month low on Tuesday, as news that the U.S. had delayed a strike on Iran relieved traders, who were also awaiting the central bank's May policy meeting minutes. reuters.com - 2026-05-18 21:17:19 |
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Australia's farmers, hit by Iran war costs and dry weather, grow less wheat
Justin Everitt is planting 50% less wheat this year than he thought he would. reuters.com - 2026-05-18 19:17:08 |
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EWA: Why Australia Is Missing Out On The Tech-Led Rally
I reiterate a hold rating on the iShares MSCI Australia ETF due to limited earnings growth and a relatively rich valuation. EWA's heavy Financial and Materials exposure leaves it lagging tech-driven markets, with a 17.5x P/E and just 5.7% long-term earnings growth. Technical momentum is turning bullish, with a breakout above $27 and a potential upside target near $35, though resistance exists at $30-$31. seekingalpha.com - 2026-05-14 17:46:16 |
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Australia Targets Housing Inequality in New Budget
Australia is set to crack down on tax concessions for property investors, as it looks to ease generational inequality and rein in the budget deficit. Treasurer Jim Chalmers is due to unveil the federal budget Tuesday, anchored by a flagship housing package. youtube.com - 2026-05-12 00:57:12 |