iShares MSCI Australia ETF (EWA)
As war strands Qatari gas for 6 months, US sales rise and European stocks plummet
Six months into the U.S.-Iran war, Qatar is among the conflict's biggest economic casualties, with its liquefied natural gas exports slashed by 96%, data shows.
Empowered Funds LLC Makes New Investment in iShares MSCI Australia ETF $EWA
Empowered Funds LLC bought a new position in iShares MSCI Australia ETF (NYSEARCA:EWA) in the undefined quarter, according to its most recent disclosure with the SEC. The firm bought 26,611 shares of the exchange traded fund's stock, valued at approximately $739,000. Empowered Funds LLC owned 0.06% of iShares MSCI Australia ETF at
Cetera Investment Advisers Raises Stock Holdings in iShares MSCI Australia ETF $EWA
Cetera Investment Advisers raised its stake in iShares MSCI Australia ETF (NYSEARCA:EWA) by 106.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 47,557 shares of the exchange traded fund's stock after buying an additional 24,483 shares during the quarter. Cetera
Australia extends fuel excise relief to ease household cost pressures
Australia will extend fuel excise relief for an additional month, Prime Minister Anthony Albanese said on Sunday, as the country continues to grapple with higher fuel costs during the Iran war.
Australian lawmakers, grilling KPMG, suggest more regulation of audit industry may be needed
Australian lawmakers on Friday suggested further regulation of the Big Four accounting firms could be necessary as they grilled KPMG executives over allegations of misconduct — the second big scandal in the country's industry since 2023.
Australia's CBA flags surging AI costs as tasks grow complex, slams 'work slop'
The cost of using AI will rise in less predictable ways as companies deploy the technology for complex tasks, the head of Australia's biggest bank said on Tuesday, calling the expense a key emerging management challenge.
Once investor darlings, Australian banks get reality check on mortgage change
A looming slowdown in mortgage lending, higher provisions for souring loans and rising interest rates are darkening the outlook for Australian banks, pushing investors away from their once-favoured stocks.
Australia's farmers, hit by Iran war costs and dry weather, grow less wheat
Justin Everitt is planting 50% less wheat this year than he thought he would.
EWA: Why Australia Is Missing Out On The Tech-Led Rally
I reiterate a hold rating on the iShares MSCI Australia ETF due to limited earnings growth and a relatively rich valuation. EWA's heavy Financial and Materials exposure leaves it lagging tech-driven markets, with a 17.5x P/E and just 5.7% long-term earnings growth. Technical momentum is turning bullish, with a breakout above $27 and a potential upside target near $35, though resistance exists at $30-$31.
Australia Targets Housing Inequality in New Budget
Australia is set to crack down on tax concessions for property investors, as it looks to ease generational inequality and rein in the budget deficit. Treasurer Jim Chalmers is due to unveil the federal budget Tuesday, anchored by a flagship housing package.
Hang Seng slides as Asian markets turn cautious on oil, geopolitics
Asian markets opened on a cautious note on Tuesday, with traders keeping one eye on oil and the other on geopolitics. The tensions between the United States and Iran continued to unsettle global markets.
Dubai's main airport is ramping up flights after traffic slumped 66% in March
Dubai is trying to get its air travel industry back on its feet. Dubai Airports said it was ramping up flights now that the UAE airspace is "fully restored.
Australia calls for stronger AI risk controls at financial firms
Australia's prudential watchdog warned on Thursday that many financial firms still lack the technical knowledge needed to effectively challenge AI-related risks, while calling for an overhaul in AI-related risk procedures.
Australia aims to tax tech giants unless they pay news outlets
Australia unveiled draft laws on Tuesday that would tax tech giants Meta, Google and TikTok unless they voluntarily strike deals to pay local outlets for news.
The $1,600 lettuce: California growers warn of ‘master plan' strangling family farms
California farmers say soaring diesel prices, high electricity rates and heavy regulations are pushing small agriculture operations to the breaking point with a "get big or get out" mentality.
iShares MSCI Australia ETF (NYSEARCA:EWA) Shares Pass Above Two Hundred Day Moving Average – Here’s Why
iShares MSCI Australia ETF (NYSEARCA:EWA - Get Free Report)'s share price crossed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $27.35 and traded as high as $30.18. iShares MSCI Australia ETF shares last traded at $30.15, with a volume of 2,237,548 shares traded. iShares MSCI
JPMorgan Chase & Co. Has $3.25 Million Stock Position in iShares MSCI Australia ETF $EWA
JPMorgan Chase and Co. raised its holdings in iShares MSCI Australia ETF (NYSEARCA:EWA) by 91.2% during the undefined quarter, according to the company in its most recent disclosure with the SEC. The firm owned 120,295 shares of the exchange traded fund's stock after buying an additional 57,386 shares during the quarter. JPMorgan
Australia's Inflation Cooled Slightly in February
SYDNEY—Australia's inflation eased slightly in February, but remained well above the central bank's target range, keeping the door open for a further rise in interest rates.
Australian ETFs Under Radar as Energy Crisis & Rate Hikes Raise Concern
Australian ETFs like EWA draw focus as energy shocks and RBA rate hikes fuel inflation fears.
Citigroup Inc. Raises Stock Holdings in iShares MSCI Australia ETF $EWA
Citigroup Inc. boosted its stake in shares of iShares MSCI Australia ETF (NYSEARCA:EWA) by 77.4% in the undefined quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 73,826 shares of the exchange traded fund's stock after buying an additional