MARKET OPEN: Dovish Fed may cheer markets; eyes on tech heavyweights
Markets

MARKET OPEN: Dovish Fed may cheer markets; eyes on tech heavyweights

Domestic investors will likely be cheered by a better night on Wall Street after the US Federal Reserve reiterated its pledge to keep rates low for as long as necessary. The target range for the federal funds rate is 0 to 0.25 percent and the bank's open market committee "expe...

Rebecca Howard 30 Jul 2020
Plexure may shift primary listing to ASX
Technology

Plexure may shift primary listing to ASX

Plexure Group is firming up plans for an initial public offering, potentially shifting its primary listing across the ditch. “As the company requires significant capital for its next phase of growth, investigations into a move to the ASX are based on capital availability and s...

Rebecca Howard 29 Jul 2020
MARKET OPEN: Local investors eye looming Fed review, tech earnings
Markets

MARKET OPEN: Local investors eye looming Fed review, tech earnings

The domestic market may tread water ahead of the Federal Reserve’s policy review and heavyweight tech company earnings after weak US consumer confidence and disappointing earnings kept Wall Street on the back foot.  The US Conference Board consumer confidence index fell to 92....

Rebecca Howard 29 Jul 2020
Breast cancer AI firm Volpara sees strong cash receipts
Services

Breast cancer AI firm Volpara sees strong cash receipts

ASX-listed Volpara Health Technologies collected its highest quarterly cash receipts since listing in 2016. Wellington-based Volpara, which focuses on early detection of breast cancer using artificial intelligence, said it received nearly $5.0 million in the first quarter to J...

Rebecca Howard 28 Jul 2020