05 May 2020 - Qantas (ASX:QAN) is extended flight cancellations for June and July but could restore some services at relatively short notice as restrictions lift.
05 May 2020 - Following a buying spree from US markets, the ASX looks set to open higher this morning. Crude oil gained for a fourth consecutive day. Stocks were lower during much of yesterday’s session after tensions escalated between the Trump administration and China, but energy, information technology and utilities gained with a late session rally. Centuria Capital (ASX:CNI) has agreed to acquire an initial 19% interest in Augusta Capital, New Zealand’s leading listed real estate funds manager.
04 May 2020 - The Australian share market closed 1.4 per cent higher. Almost three quarters of Australian businesses (72%) reported that reduced cash flow is expected to have an adverse impact on business over the next two months.
04 May 2020 - The Australian share market opened lower this morning following continued US-China tensions and is now trading 0.3 per cent higher at noon. Lynas Corporation (ASX:LYC) has restarted its Lynas Malaysia plant.
04 May 2020 - Transurban (ASX:TCL) has confirmed COVID-19 traffic impacts were observable from early March.
04 May 2020 - Westpac (ASX:WBC) has deferred the decision on determining an interim dividend and no dividend will be paid in June 2020.
04 May 2020 - Contact (ASX:CEN) has confirmed that national grid operator Transpower will not be funding work to accelerate the Clutha-Upper Waitaki Lines Project.
04 May 2020 - Tower (ASX:TWR) has appointed Blair Turnbull as Chief Executive Officer.
04 May 2020 - The ASX looks set to open lower this morning as tensions once again increase between China and the US. Trump has mentioned tariffs for China as a renewed trade war seems inevitable. Back home a busy week lies ahead with a RBA Board meeting and quarterly Statement on Monetary Policy. And Afterpay (ASX:APT) is pleased to welcome Tencent Holdings as a substantial shareholder of Afterpay.
01 May 2020 - Negative sentiment from US markets flowed through the Australian market today. It opened in in the red and saw a steady decline throughout the day, finishing 5% lower. Maurice Blackburn Lawyers has launched a shareholder class action law suit against Australia’s biggest wine company, Treasury Wine Estates (ASX:TWE).
