The Latest Breaking News from ASX

Australian executives had pay rises amounting to more than double the rate of inflation in the past year due to a tight job market at the top end of town.

Australian executives had pay rises amounting to more than double the rate of inflation in the past year due to a tight job market at the top end of town.

Despite the short-term cyclical downturn, the chip industry’s long-term outlook remains positive due to the increasing use of chips in powering critical technologies and government initiatives. Therefore, investors can add quality chip stocks Applied Materials (AMAT), ASE Technology Holding (ASX), and Park Aerospace (PKE) now. Read on.

Australian trader and online personality Gabriel Govinda was sentenced to two and half years imprisonment after he pled guilty to 23 charges of market manipulation, the country's securities regulator said on Wednesday.

Japanese beer giant Kirin Holdings has struck a near $2 billion deal to takeover Australian vitamin business Blackmores.

More than a billion litres of water inundated a major copper mine in the North West Minerals Province earlier this year and several other mines were also impacted, sparking concern for export markets.

In a statement to the ASX the troubled gambling giant says it will cut 500 jobs, freeze salaries and cancel executive bonuses to try to improve its financial outlook.

Supermarket giant Coles has confirmed it has been impacted by the Latitude Financial data breach, saying personal information used to issue historical Coles-branded credit cards has been stolen by a cyber criminal group.

The former chief minister of the Northern Territory, Adam Giles, extends his term as CEO of Gina Rinehart's Hancock Agriculture and S. Kidman & Co.