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Given the wide-ranging impact of the pandemic and in line with advice from government and the World Health Organisation (WHO), limiting unnecessary human contact is an invaluable precaution. We therefore strongly encourage you to use our suite of digital tools and trading platforms for your financial needs. Digital platforms provide an efficient, fast, safe and nearly instantaneous solution to many, if not all your investing requirements, away from public spaces.
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As a result, Sharenet will unfortunately not be accommodating client meetings at a branch level, for the forceable future. As soon as the situation changes, we will advise you, our valuable clients accordingly.
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14/01 Australia's financial crime regulator
said on Friday it had broadened its ongoing investigation of the
country's second-biggest casino operator Star Entertainment
Group over possible breaches of anti-money laundering
and counter-terrorism laws at its casinos.. . .
14/01 Australia shares fell on Friday, poised
to snap the third straight weekly gain, weighed down by tech
stocks tracking a tepid overnight session at Wall Street, with
materials-related sectors dragging the bourse further on. . .
13/01 Australian shares closed higher on
Thursday, as energy and mining stocks found support from strong
commodity prices, while troubled casino operator Crown Resorts
soared 9% after U.S. private-equity firm Blackstone sweetened
its takeover offer.. . .
13/01 Australian shares rose on Thursday,
helped by mining and energy stocks on strong commodity prices,
while troubled casino owner Crown Resorts surged about 9% to be
among top gainers on the benchmark index after. . .
12/01 Australia shares are expected to have a
muted start on Thursday, with resource-reliant stocks to likely
gain on strong commodity prices, offsetting possible investor
sell-off on fears over the impact to economic recovery from. . .
12/01 Japanese trading house Sojitz Corp
said on Wednesday it would conduct a demonstration
project to produce green hydrogen in Australia and transport the
fuel to Palau for use in small fuel cells as backup. . .
12/01 Indonesia's government is
waiting for the state utility firm to declare that it has
secured enough coal before it can decide to end an export ban in
the world's biggest shipper of thermal coal,. . .
12/01 Indonesia's energy minister
Arifin Tasrif said on Wednesday that his ministry is waiting for
the state utility PLN to confirm that coal supply for domestic
power plants is secure before the government can start. . .
12/01 Indonesia is targetting 663
million tonnes of coal output in 2022, up from 614 million
tonnes produced last year, the country's energy minister Arifin
Tasrif said in a briefing on Wednesday.. . .
12/01 Australian shares closed higher on
Wednesday to mark their first gain this week, as energy stocks
led gains after a surge in oil prices, while Afterpay jumped
after its takeover by Block got a. . .
12/01 Australia's most populous state,
New South Wales, suffered its deadliest day of the pandemic on
Wednesday, with surging Omicron infections leading to staff
shortages that have disrupted supply chains and hampered the
economy's recovery.. . .
11/01 Australia shares are set to open slightly
lower on Wednesday, as worries around surging COVID-19 cases are
likely to offset gains in resource-related stocks on strong
The local share price. . .
11/01 Chinese thermal coal futures
fell on Tuesday after Indonesia, the world's biggest thermal
coal exporter, eased a ban on overseas shipments that surprised
buyers at the start of the year, alleviating concerns about
supply disruptions.. . .
11/01 Australian shares closed nearly 1% lower
on Tuesday, led by financials, as an Omicron-led surge in
COVID-19 infections in the country hovered near record levels,
sending major retailers lower.. . .
11/01 Australian retail sales surged
past forecasts for a second month in November as consumers
splashed out their pent up savings, a reminder of how well the
economy was doing before an explosion of coronavirus. . .
11/01 Australian shares fell on Tuesday, with
energy and banking indexes leading the decline, as an
Omicron-led surge in domestic COVID-19 cases and worries around
tighter monetary policies globally weighed on markets.. . .
10/01 Australia shares are expected to open
lower on Tuesday, hurt by likely losses in commodity-reliant
indexes due to weaker prices, rising Omicron infections and
worries around an interest rate hike.
The. . .
10/01 Indonesia allowed 14 vessels
loaded with coal to depart as soon as they secure verifications
from mining and transport authorities, a senior minister said on
Monday, easing an export ban by the world's top. . .
10/01 The world's top thermal coal
exporter Indonesia allowed 14 vessels already loaded with coal
for export to depart as soon as they secure verifications from
mining and transportation authorities, a senior minister said in
a. . .
10/01 Australian shares closed lower on Monday
as an Omicron-led surge in COVID-19 infections pushed the
country's tally past one million cases, with a drop in local
technology stocks ahead of a U.S. inflation report. . .
10/01 Virgin Australia said on Monday
it would reduce capacity across its network by around 25% for
the rest of January and for February due to reduced travel
demand and staff being required to isolate. . .
10/01 The Philippines' energy secretary
Alfonso Cusi has appealed to Indonesia to lift its coal export
ban, saying the policy will be detrimental to economies heavily
reliant on the fuel for power generation, Manila's Department. . .
07/01 Indonesian officials aim to wrap
up discussions at the weekend about whether to lift a ban on
coal exports, after a minister declared an end to a domestic
supply crisis that sent international prices. . .
07/01 Asian shares' relative price valuations
hit a more than 18-year low compared to their global
counterparts last week, after regional equities dropped in 2021
due to investor concerns over slower growth amid
COVID-19-induced curbs.. . .
07/01 Australian shares rebounded on Friday from
previous session's tech-driven sell-off, with financials and
energy stocks leading gains, while James Hardie slumped after
the world's top fibre cement maker ousted its chief for
breaching code of. . .
07/01 Australian shares rebounded on Friday from
a tech-led selloff in the previous session, as banking gains led
the climb, while fibre cement maker James Hardie's shares
dropped after it ousted CEO Jack Truong for. . .
06/01 The yen's real effective rate has
tumbled to its lowest level in 50 years and the currency is set
to fall even further, slashing Japanese consumers' spending
power and raising the risk of capital. . .
06/01 Australian shares posted their biggest
drop since September 2020 on Thursday, after the minutes of a
U.S. Federal Reserve policy meeting signalled an
earlier-than-anticipated rate hike, sharply hitting technology
sector stocks.. . .
06/01 Australian shares dropped on Thursday, as
technology stocks tracked overnight losses on the Nasdaq index
after minutes from the Federal Reserve's meeting
signalled that the U.S. central bank may raise interest rates
sooner than expected.. . .
06/01 Australian digital payments and lending
firm Latitude Group Holdings Ltd on Thursday offered to
buy Humm Group Ltd's consumer unit, including its buy
now, pay later business, for A$335 million ($241.8 million).. . .
05/01 Australian digital payments and lending
firm Latitude Group Holdings Ltd said on Thursday it
offered to buy Humm Group Ltd's consumer unit,
including its buy now, pay later business, for A$335 million
($1 =. . .
05/01 Australian shares are set to extend losses
on Thursday, tracking sharp losses on Wall Street after minutes
from the U.S. Federal Reserve indicated that it may raise
interest rates sooner than expected and reduce. . .
04/01 Australia shares jumped 2% on the first
trading day of the year on Tuesday, notching their best intraday
session in 15 months, as a surge in commodity prices lifted
heavyweight energy and mining sectors.. . .
04/01 Australian shares rose on Tuesday, boosted
by energy and mining stocks, as investors took cues from a
strong overnight session on Wall Street and brushed aside
concerns around soaring COVID-19 infections and hospitalisations
in the. . .
31/12 Indonesia, Southeast Asia's
largest economy, will likely ratify its membership of the
Regional Comprehensive Economic Partnership (RCEP) early next
year, its chief economic minister said on Friday.. . .
31/12 Australian shares finished the year
stronger, though they inched lower on Friday, recovering from
the pandemic-driven losses last year amid challenges from the
highly contagious new variants of the coronavirus.. . .
30/12 Australian shares inched higher on
Thursday, rising for a sixth straight session to close at their
highest in more than three and a half months in thin trading
volumes, as miners and banks offset. . .
29/12 Australian shares jumped on Wednesday to
their highest in more than three and a half months as market
participants grew less concerned about the Omicron coronavirus
variant on returning from an extended holiday weekend.. . .
28/12 Australian shares are poised to open
higher on Wednesday, as investors look to shrug off the impact
caused by Omicron-driven economic disruptions, while strong oil
prices are expected to propel domestic energy stocks higher.. . .
27/12 India's Adani Group
is preparing to ship the first coal cargo from Australia's most
controversial mine, after battling a seven-year campaign by
climate activists and defying a global push away from fossil
fuels.. . .
24/12 Australian shares closed higher in a
holiday-shortened trade on Friday, as fears about the Omicron
variant of the coronavirus receded, with wealth manager AMP Ltd
rallying after divesting its infrastructure debt
platform.. . .
24/12 Australian shares rose on Friday, led by
banking and tech stocks following a Wall Street rally overnight
as concerns eased about the Omicron variant's economic impact,
while AMP Ltd surged after announcing the sale. . .
23/12 Gold and financial stocks helped
Australian shares close higher on Thursday, as investor
sentiment improved after two research studies showed Omicron was
less lethal compared with the Delta coronavirus variant.. . .
23/12 An Australian court declared
void on Thursday grants the federal government made to a
subsidiary of Empire Energy Group for exploration
drilling in the Beetaloo shale basin in the Northern Territory,
but allowed them to. . .
23/12 Australian shares extended gains on
Thursday, led by banks and gold miners, as a study helped ease
concerns about the severity of the Omicron coronavirus variant,
while Bega Cheese slumped on forecasting earnings outlook. . .
23/12 Shares of Bega Cheese tumbled to
a four-month low on Thursday after the company warned of a hit
to its 2022 fiscal earnings from strong competition for dairy
supply in Australia, high global prices. . .
23/12 Australian shares are set to gain on
Thursday, taking cues from a strong session on Wall Street, as
hopeful developments surrounding the severity of the Omicron
coronavirus variant aid investor sentiment.. . .
22/12 Australian shares were little changed on
Wednesday with gains in technology and healthcare segments
countered by a slump in mining stocks, as worries over the
economic fallout from the Omicron coronavirus variant kept
investors on. . .
21/12 Australian shares are set to gain on
Wednesday, a day after minutes from the country's central bank
meeting showed it does not expect the Omicron coronavirus
variant to derail an ongoing economic recovery.. . .
21/12 Indonesia started construction
on Tuesday of a new industrial estate on Borneo island, which
officials said aims to use hydropower for plants producing items
including semiconductors, lithium ion batteries, solar panels
and aluminium products.. . .
21/12 Australia's central bank is
optimistic the spread of the Omicron variant will not derail an
ongoing economic recovery, giving it the option to end
quantitative easing early should the run of activity data stay
upbeat.. . .
21/12 Australian shares rose slightly on
Tuesday, helped by gains in financial and energy stocks, even as
surging Omicron coronavirus cases triggered tighter restrictions
in Europe and clouded the outlook for global economic growth.. . .
20/12 Australian shares settled lower on Monday
as energy stocks fell on concerns over oil demand outlook, while
fund manager Magellan Financial Group slumped to its worst
session on losing a major client.. . .
20/12 Singapore Telecommunications
Ltd has estimated it faces A$304 million ($216
million) in tax exposure, interest and penalties, after an
Australian court dismissed its appeal against an assessment by
the country's taxation office.. . .
20/12 Australian shares dropped on Monday,
dragged down by losses in financial and energy stocks as worries
surrounding the Omicron coronavirus variant kept global markets
on edge, while Magellan Financial Group dived after losing a
major. . .
19/12 Australian shares are set to fall at the
open on Monday, as worries surrounding the Omicron coronavirus
variant persist, while a drop in oil prices is likely to weigh
on domestic energy stocks.. . .
17/12 Australian shares snapped a three-day day
losing streak on Friday as miners and energy stocks gained on
firmer commodity prices, while a plunge in buy-now, pay-later
(BNPL) companies following a U.S. review capped gains.. . .
17/12 Australian shares rose on Friday, helped
by mining and energy names on the back of strong underlying
commodity prices, while buy-now-pay-later stocks fell after a
U.S. agency sought data on business practices from five
companies. . .
17/12 Australia's second-largest
lender, National Australia Bank, defended its
environmental credentials on Friday as investors at an annual
meeting complained its emissions disclosures are less complete
than its Big Four rivals.. . .
17/12 The Australian government has cut
its bond issuance plan to A$105 billion ($75.40 billion) for the
2021/22 fiscal year as faster economic growth drives higher
revenues and a lower budget deficit.. . .
16/12 Australian shares inched lower on
Thursday, as index heavyweight CSL led healthcare stocks lower
following a discounted equity raising while tech heavyweights
tracked their U.S. peers higher.. . .
16/12 Australia's top central banker
still thinks it unlikely interest rates will need to rise in
2022, but is open to ending bond buying as early as February
should the economy recovery quicker than currently. . .
15/12 Australian shares are set to edge higher
on Thursday, led by expected gains in tech stocks after the Wall
Street sharply rebounded following U.S. Federal Reserve's
hawkish stance on pandemic-era bond purchases.. . .
15/12 Australian shares ended lower on
Wednesday as cautious investors refrained from placing big bets
ahead of outcome of the U.S. Federal Reserve's two-day policy
meeting, possibly adding to the pressure on its peers for
further. . .
15/12 Australia's Westpac Banking Corp
was hit with a so-called "first strike" vote against
executive pay plans at its annual general meeting and Chairman
John McFarlane apologised "unreservedly" for a sharp decline in
its share price.. . .
14/12 Australian shares recovered from early
falls to close flat on Tuesday, as gains in financials countered
losses in retailers, while investors braced for a slew of
central bank meetings this week, including by the. . .
14/12 Australian shares fell on Tuesday,
dragged by Woolworths Group as it forecast lower first-half
operating income from its local food business, while tech stocks
tracked their U.S. peers lower.. . .
14/12 The Australian government on
Tuesday nominated Gina Cass-Gottlieb, a member of the Reserve
Bank of Australia's payment systems board, as the next
chairperson of the country's competition regulator.. . .
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