Business
ASX closes 0.6pc firmer, buoyed by iron ore and Afterpay record high – The Australian Financial Review
Iron ore producers rallied strongly to lift the benchmark to another 11-month high and buy now, pay later companies shone.
Buy now, pay later companies surged, with Zip Co up 12.9 per cent to $9.80 after The Australian Financial Reviews Street Talk column reported Zip was considering issuing American Depositary Receipts that would mirror shares in the company, trade in the US, and give it greater access to US capital markets.
Zip management is also understood to be spending the next few days in front of US investors, seeking to explain the companys buy now pay later payments platform and highlight its growth.
AfterPay…
-
Noosa News23 hours agoTwo-time Archibald Prize-winning painter William Robinson has died, aged 89
-
Noosa News23 hours agoWilliam Robinson dies aged 89
-
General23 hours agoCalls for corruption probe into completion of mayor’s Surfers Paradise Bowls Club site purchase
-
General23 hours agoMatt Wright wanted to hinder investigations into chopper crash ‘at almost any cost’, jury hears