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CHESS mess: The ASX’s costly journey to modernisation

The Australian Securities Exchange (ASX:ASX) has unveiled a $445m budget for its revised attempt to replace the Clearing House Electronic Subregister System (CHESS), after its original blockchain-based project failed in 2022. The revamped system, set to be rolled out in two phases by 2029, will cost significantly more than the $250m lost on the initial […]

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Feature Panel: Australia’s Semiconductor Moonshot, Semiconductor Australia, October 2024

Australia’s Semiconductor Moonshot – shaping policy and investment to drive in a sovereign manufacturing era Moderator: Corrie McLeod, Innovation.AUSInnes Willox, AI Group and Australian SuperDamian Kassabgi, Tech Council of AustraliaDonna Looney, DISRCoby Hanoch, Weebit NanoKen Morrison, Bradfield Development Authority

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Electro Optic Systems (ASX:EOS) Presentation, Semiconductor Australia, October 2024

Electro Optic Systems (ASX:EOS) is an Australian company specialising in high-end security, defence and space technologies. Founded in the 1980s, EOS is renowned for its expertise in electro-optics, photonics and laser systems. The company develops advanced systems for remote weapons, space situational awareness, and high-energy laser technologies, with applications in defence and critical infrastructure protection.

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4DS Memory (ASX:4DS) Presentation, Semiconductor Australia, October 2024

4DS Memory (ASX:4DS), a memory technology company, specialises in an innovative ReRAM technology called PCMark. Founded in 2007, 4DS has developed strategic partnerships with companies like Western Digital and eMac, while also going public in 2014. The company focuses on addressing the growing challenges of the semiconductor industry, particularly in data scale, speed, energy consumption

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Best Buy misses earnings as cautious consumers tighten budgets

Best Buy (NYSE: BBY) has reported disappointing third-quarter results, citing weakened consumer spending ahead of the US presidential election and macroeconomic uncertainties. Revenue fell to US$9.45bn, missing analysts’ expectations of US$9.63bn, while adjusted earnings per share (EPS) came in at US$1.26, short of the projected US$1.29. Comparable store sales declined by 2.9% year-over-year, marking the

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Return of the trade wars: Trump threatens Mexico and Canada with tariffs

President-elect Donald Trump has announced plans to impose significant tariffs on goods from Mexico, Canada, and China immediately upon taking office on 20 January. Citing concerns over illegal immigration and the fentanyl crisis, Trump pledged a 25% tariff on all imports from Mexico and Canada and an additional 10% tariff on Chinese goods, escalating tensions

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Trend friends and navigating uncertainty

Richard Brennan, Strategy Ambassador for East Coast Capital Management (ECCM), speaks to Chris Gosselin, CEO of Australian Fund Monitors. Topics discussed include: the success of ECCM’s trend-following strategy, which recently earned an award for the company’s flagship fund; and how global diversification and a focus on trending opportunities can enable consistent performance even in uncertain

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Sequoia Financial Group (ASX:SEQ) annual general meeting, November 2024

Sequoia Financial Group Limited (ASX:SEQ) Managing Director and CEO Garry Crole and Chairman Mike Ryan present at the company’s 2024 AGM. FY24 result highlights: Revenue: $124.6m, +26% on PCP Operating profit: $8.7m, +88% on PCP NPAT: $24.0m, +1,012% on PCP Operating cashflow: $4.8m, +69% on PCP DPS: 4.5 CPS (normal) Net cash: $16.8m, +79% on

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