News

Safeguarding Your Assets: ATFX’s Commitment to Trust and Security

A prominent global exchange recently experienced a high-profile cyberattack, leading to a staggering loss of $1.46 billion in digital assets. The breach occurred as attackers leveraged sophisticated techniques to exploit vulnerabilities within the cold wallet infrastructure—a stark reminder of the growing risks facing the digital financial realm. As cyber threats escalate, it is imperative for…

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Rio Tinto Shares Gain as Goldman Sachs Add To Conviction List, Shipments Resume

Rio Tinto’s share price (ASX: RIO) gained 3.56% today, bringing the stock close to neutral on a year-to-date basis, following the resumption of shipments from one of its key facilities in Western Australia. This development was positively received by the market, with the inclusion of the stock in Goldman Sachs’ European Conviction List another notable…

Macquarie Group Appoints David Chang as Head of Wealth Distribution in Asia

Macquarie Group Ltd (ASX: MQG) has announced the appointment of David Chang as the Head of Wealth Distribution in Asia, effective March 2, 2025. The move is part of Macquarie’s strategy to strengthen its presence in the Asian market and enhance its distribution capabilities across the region. David Chang brings extensive experience and expertise to…

Sonic Healthcare Dividend Declared as Future Strategy Shifts

Sonic Healthcare Limited (ASX: SHL) has declared a dividend of A$0.44 per share, scheduled for payment on March 20th. This announcement comes with a dividend yield of 3.8%, reflecting the company’s ongoing commitment to providing returns to its shareholders. In recent years, Sonic Healthcare has maintained a high payout ratio, distributing 94% of its earnings…

BHP Continues Copper Investment Push

BHP (ASX: BHP), one of the world’s largest mining companies, is intensifying its search for copper resources. This strategic move is largely driven by the increased demand associated with the global energy transition. However, the company faces the challenge of a shortage of high-quality copper deposits. Copper has become a significant focus for BHP, now…

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Rio Tinto Shares Moved Red YTD as Listing Structure Comes Under Focus

Rio Tinto shares (ASX: RIO) moved red year-to-date, down 2.70% as London-based hedge fund Palliser Capital urged the company to allow its Australian shareholders to participate in a vote regarding a resolution for a dual listing. This move comes as part of Palliser’s continued efforts to engage shareholders in significant company decisions. Rio Tinto, a…

Ampol Shares Dip as Strategy Shifts

Ampol’s shares (ASX: ALD) ended the day down 2.57% today, bringing the cumulative 1 year decline to an underwhelming 29.41%. The company, a major player in the Australian oil refining and marketing sector, is experiencing a challenging period due to declining refining conditions. Despite a surge in fuel demand reaching record highs, the company faces…

Wesfarmers’ Dividend Raised as Profits Rise

Wesfarmers’ shares (ASX: WES) have set off 2025 impressively, with gains of 8.68% year-to-date seeing the company to a new all-time-high of $79.43. Today’s 1.33% gain comes as the company reported profits that beat expectations, despite some potential tariff risks on the horizon. The company, a well known retailer of names such as Bunnings and…

ANZ Shares Pull Back For 4th Consecutive Session

The ANZ Group share price (ASX: ANZ) has fallen for the fourth consecutive day, down 6.65% since the start of the week as banks continue to come under some pressure. The stock fell 3.05% on the day, as Westpac, Commonwealth Bank, and National Australia Bank all saw shares fall upwards of 2%. For ANZ, the…

Fortescue Metals Shares (ASX: FMG) Move Red YTD as Margins Narrow

Fortescue Metals shares (ASX: FMG) moved 3.03% into the red year-to-date, as today’s update failed to live up to expectations. The FMG share price ended the day down 6.22% as $18.24, within the range where support was previously found earlier this month. One of the key factors affecting the stock was the company’s reported financial…