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Wednesday, April 7, 2010 as of 11:14 AM ET

Australian Securities Exchange

The Australian Securities Exchange (ASX) was created by the merger of the Australian Stock Exchange and the Sydney Futures Exchange in July 2006. It is the primary stock exchange group in Australia.

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Related Topics

  1. New York Stock Exchange
  2. Stock Exchange of Thailand
  3. Qantas Airways
  4. IPOs
  5. Initial Public Offering
  6. Rio Tinto Group
Get updates on Australian Securities Exchange
Qantas Splits Flights Units As Jetstar Boss Departs

Qantas Airways Ltd.

(QAN.AU) said Tuesday it has split its struggling international flights operation into a separate business unit, as part of a wider restructure that includes the departure of long-standing Jetstar chief Bruce Buchanan.It comes as Qantas acts to stem losses at its international arm caused largely by soaring jet fuel costs and intense competition from state-backed Middle Eastern carriers. Qantas is among a few profitable airlines in the world, but its success is being underpinned by a domestic flights unit exposed to Australia's booming resource-rich economy.Chief Executive Alan Joyce has cut poorly performing international routes and slashed jobs as he attempts to make the business break even by 2014 and maintain the company's coveted investment-grade credit rating.In the biggest leadership shakeup at Australia's flag carrier since Mr. Joyce took the helm in 2008, frequent flyer chief Simon Hickey has been promoted to head the newly created long-haul flights business...

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  1. Australia's Ausdrill Secures A$150 Million Debt Facility With Commonwealth Bank

    Australian mining services company Ausdrill Ltd. (ASL.AU) said Thursday that it has secured a A$150 million debt facility that will be used for general corporate pur...

  2. Ivanhoe Australia Names Ian Plimer Interim Chairman

    Ivanhoe Australia Ltd. (IVA.AU) said Thursday that independent director Ian Plimer has been appointed interim chairman following the resignation of Robert Friedland ...

  3. Flinders Mines Says Magnitogorsk Delays Decision On Loan Agreement

    Bid target Flinders Mines Ltd. (FMS.AU) said Wednesday that Magnitogorsk Iron & Steel Works (MAGN.RS) has postponed a decision on the execution of a loan facility ag...

  4. Australia's ASX Outlines Plans To Help Small Miners To Raise Cash

    Australia's dominant exchange operator has outlined plans to soften rules to help smaller mining companies raise money and extend its trading hours to attract more i...

  5. Austar Minority Shareholders Approve Takeover By Foxtel On Proxies

    Austar United Communications Ltd. (AUN.AU) minority shareholders approved Friday a 1.9 billion Australian dollar takeover bid (US$1.98 billion) by pay television com...

  6. Qantas, China Eastern Launch Hong Kong Carrier

    Hong Kong will soon get its first low-cost carrier, with Australia's Qantas Airways Ltd . (QAN.AU) and China Eastern Airlines Corp. (0670.HK) forming a joint venture...

  7. Rio Confident On Iron Ore Demand Despite China Slowdown

    The investment case for massive new iron-ore mines in countries like Australia remains intact despite signs of an economic slowdown in China , which imports around 6...

  8. Linc Energy Close To Finalizing China Investment In Company

    Australia's Linc Energy Ltd. (LNC.AU) said it hopes to secure investment in the company by a Chinese entity within weeks, and has experienced fresh interest in an au...

  9. Insurance Australia To Raise About A$350 Million From Hybrid Issue

    Insurance Australia Group Ltd. (IAG.AU) said Monday it will attempt to raise around A$350 million from an issue of hybrid securities, with the ability to raise more ...

  10. Fortescue Metals Launches $1 Billion High-Yield Bond

    Fortescue Metals Group Ltd. (FMG.AU) has launched a US$1 billion high-yield bond offering, the iron-ore producer said Wednesday in a statement to the Australian secu...

  11. Qantas Ends Malaysian Airlines JV Talks

    In a set back for it's new international strategy, talks have broken down between Qantas Airways Ltd . (QAN.AU) and Malaysian Airline System Bhd (3786.KU) to establi...

  12. Australian Exchange ASX To Raise CHESS Settlement Fees 10%

    Australia's largest exchanges operator, the ASX Ltd. (ASX.AU) will raise its settlement fees next month for the first time in seven years.From April 2, the operator ...

  1. Beach Energy Closes Australia Shale Gas Data Room

    ADELAIDE, Australia -(Dow Jones)- Beach Energy Ltd. (BPT.AU) has closed a data room for parties eyeing its shale gas assets in central Australia and doesn't expect t...

  2. National Australia Bank To Launch A$500 Million In Subordinated Notes

    National Australia Bank (NAB.AU) will issue 500 million Australian dollars (US$500.77 million) in subordinated notes in its first domestic retail offering since 1999...

  3. Global Mining Investments Plans To Restructure As Trust, Delist

    Global Mining Investments Ltd. (GMI.AU), whose investments are managed by BlackRock Inc. (BLK), Thursday said it aims to restructure itself as an unlisted investment...

  4. WSJ UPDATE: Hong Kong's CLP Says IPO, Full Sale Among Options For Australia's TRUenergy Unit

    Power generator CLP Holdings Ltd. (0002.HK) said Friday it is weighing a full sale of its TRUenergy unit in Australia among other options, including an initial publi...

  5. WSJ: CLP Says IPO, Full Sale Among Options For TRUenergy Unit

    Power generator CLP Holdings Ltd. (0002.HK) said Friday it is weighing a full sale of its TRUenergy unit in Australia among other options, including an initial publi...

  6. WSJ: BG Group's QGC Banks $78.6 Million for Senex Energy Stake

    Of The Wall Street JournalOil major BG Group's wholly-owned subsidiary QGC has sold its 8% stake in Australia's Senex Energy for 75.4 million Australian dollars (US$...

  7. Archer Exploration Sells 5 Exploration Licenses To BHP Billiton

    Archer Exploration Ltd. (AXE.AU) said Monday it has agreed to sell five exploration licenses covering 3,699 square kilometers in Australia's Stuart Shelf region to B...

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