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Casino group Star Entertainment hits record low on equity raising plans

Casino group Star Entertainment hits record low on equity raising plans By Rishav Chatterjee Sept 27 (Reuters) - Shares of Australia's Star Entertainment Group SGR.AX touched a record low on Wednesday, as they resumed trading after the casino operator announced its plans to raise A$750 million($480.23 million) to undergo a capital restructuring. The cash-strapped company said on Monday it would raise capital at 60 Australian cents per share, a 20% discount to the stock's closing price last Frida
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US yields march higher, Asia stocks sag amid Fed angst

GLOBAL MARKETS-US yields march higher, Asia stocks sag amid Fed angst By Kevin Buckland TOKYO, Sept 26 (Reuters) - U.S. Treasury yields scaled fresh 16-year peaks on Tuesday, keeping the dollar near a 10-month high, as investors responded to the message from the Federal Reserve and other major central banks that rates are likely to stay elevated for longer.
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US yields revisit highs, Asia stocks sag on hawkish Fed angst

GLOBAL MARKETS-US yields revisit highs, Asia stocks sag on hawkish Fed angst By Kevin Buckland TOKYO, Sept 26 (Reuters) - U.S. Treasury yields scaled a fresh 16-year peak on Tuesday, underpinning the dollar near a 10-month summit, as investors responded to the message from the Federal Reserve and other major central banks of rates staying elevated for longer.
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Australian casino group Star Entertainment to raise $481 mln in equity

UPDATE 1-Australian casino group Star Entertainment to raise $481 mln in equity Adds details of plan By Scott Murdoch Sept 25 (Reuters) - Australian casino operator Star Entertainment Group SGR.AX is tapping the capital markets for a second time in 2023 as it aims to raise A$750 million ($481.43 million) as part of a major capital restructure to strengthen its balance sheet.
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Australia shares close higher on optimism from China support measures

CORRECTED-Australia shares close higher on optimism from China support measures Corrects to "never", from "ever", in quote in paragraph 4 ASX 200 rises, but posts worst week since September 2022 Miners snap 4-day losing run Rio Tinto pauses mining in Pilbara, shares drop By Poonam Behura Sept 22 (Reuters) - Australian shares broke a four-session losing streak on Friday, aided by commodity and financial stocks, as hopes of stimulus measures by the country's biggest trading partner, China, raised
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