Money News Market Wrap
Money News Market Wrap
The Money News Market Wrap Podcast is your daily snapshot of the latest market news, conveniently delivered straight to your device after the closing bells ring. For a deeper dive into the day's biggest business news, listen to Money News every weeknight at 7:00 pm. Missed it live? Catch-up via the Money News podcast.Social links:
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MWP May 30: The ASX slides again, as BHP doesn't its own way 👷🚧😔
BHP has failed in its bid for British resources company Anglo American, with the two parties unable to reach an agreement before last night's deadline.
04:33
MWP May 29: ASX takes a pounding, as monthly inflation climbs 🪜🥊
The Australian share market fell by 1.3% after the monthly inflation figure suggested that fiscal & monetary policy might have a lot more work to do to hit the 2-3% target range.
05:28
MWP May 28: ASX falls back as softer retail figures revealing pain 🛍️
Consumers are cutting back, with retail figures softening yet again and discretionary stocks tumbling on the ASX.
04:14
MWP May 27: Lendlease to exit overseas operations as the ASX climbs 🏗️
Construction giant Lendlease will look to recoup billions as it focuses on home and not overseas.
04:12
MWP May 23: ASX falls, as BHP has its third offer for Anglo rejected 🙅♂️🪨
A third offer by BHP for Anglo American has been rejected, but the door has been left open for a deal still to be done, with a one-week extension given.
04:27
MWP May 22: ASX flat, as anger over government decision fuels a feisty day 😡
Despite Wall Street breaking more record ground, the Australian share market finished flat, but still threatens to go higher.
04:38
MWP May 21: ASX falls, as Telstra follows through on cost cutting plans 📞✂️
The ASX finished the day down slightly, with Telstra signalling it will cut 2800 jobs as part of savings measures before the end of the year.
04:31
MWP May 20: ASX follows Wall Street to gains, but has Star found its saviour? ⭐
Star Entertainment Group has been in trouble for the last 3 years, but could a bid from investors including Hard Rock be the solution they've been looking for?
04:44
MWP May 16: The perfect storm of US CPI & local jobs sees the ASX soar🌩️😇
Traders made their bets on rate cuts as the best day of the year on the ASX was prompted by falling US CPI and a softening of the jobs market.
04:48
MWP May 15: The ASX rises, but did the government get the budget balance right? ⚖️
Will the government's cost of living measures send inflation packing, or is just a temporary measure that will make the situation worse?
04:28