New Zealand
Mainfreight’s latest earnings reflect weaker performance in the United States as freight volumes soften and cost pressures persist, marking a shift from the exceptional profit conditions seen during the pandemic-era logistics boom.
New Zealand
Cryptocurrency exchange Swyftx completed a A$32.97m acquisition of rival Easy Crypto, signalling industry consolidation as exchanges chase scale, trust, and regulatory readiness.
New Zealand
Carpet-maker Bremworth warns shareholders that rejecting a takeover could leave the company exposed to rising costs, low demand, and ongoing supply-chain pressures in a slow housing market.
New Zealand
Comvita’s takeover proposal has collapsed after shareholders signaled insufficient support, forcing the listed honey producer to reassess strategic direction while navigating weak export markets and falling margins.
Australia
Private-sector recruitment data indicates weakening job demand, hinting Australia’s labour market may be softening faster than official unemployment figures show.
Australia
Australian retailers expect record Black Friday spending as price-conscious consumers shift purchases into November to chase discounts, reshaping holiday retail timing amid persistent cost-of-living pressure.
Australia
The Reserve Bank of Australia cautions that financial markets may be underpricing global geopolitical risk, warning that complacency could amplify volatility if supply chains, commodity trade, or inflation expectations are disrupted.
Australia
Mineral Resources (MinRes) has agreed to sell a 30% stake in its lithium business to South Korea’s POSCO for US$765 million, forming a new joint venture encompassing its 50% interests in Wodgina and Mt Marion mines, strengthening its balance sheet amid a weak lithium-price cycle.
Australia
Australia’s Liontown Resources has partnered with German platform Metalshub to digitise auctions of spodumene concentrate from its Kathleen Valley lithium project. The move aims to establish transparent pricing, boost liquidity and open access for a broader buyer pool.
Rwanda
Rwanda and Tanzania are integrating their national payment systems, enabling instant cross-border transfers between bank accounts and mobile money wallets — a pilot that could scale into a unified East African digital payments market.
Ghana
Ghana’s cedi steadiness is shifting corporate behavior; stable FX reduces risk pricing and improves credit visibility for banks like GSE:GCB as fiscal consolidation restores macro credibility.
Egypt
Egypt’s pricing power comeback boosts margins and draws investors back toward manufacturers, with FX stability improving cash flows and earnings visibility for listed corporates on EGX.