Fund manager Perpetual Limited has agreed to acquire US-based investment management business Barrow, Hanley, Mewhinney & Strauss LLC for $US319 million ($A448 million). Barrow Hanley, which manages about $US44.1 billion ($A61.9 billion) of funds, will boost Perpetual’s […]
Rare earths producer Lynas Corp has signed a contract with the US Department of Defense to begin initial design work for a heavy rare earth separation facility in Texas. The Pentagon is providing initial funding […]
Australia’s central bank is ready to buy government bonds if market conditions deteriorate significantly, or to achieve its target for the 3-year yield of around 25 basis points, a senior official says. The Reserve Bank […]
Shares on the ASX have taken a slight dip in early trading after a weak lead from US markets last week and worries about rising coronavirus cases. The S&P/ASX200 benchmark index was lower by 6.9 […]
Aroa Biosurgery has soared more than 80 per cent on its ASX debut as investors snapped up shares of the Kiwi sheep-gut biotech company. At 1330 AEST, Aroa shares were up 84.7 per cent to […]
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