Westpac Banking (ASX:WBC, NZE:WBC) received notice that State Street and its subsidiaries decreased their holdings in the company to 7.76% from 9.42%, according to a Friday filing with the Australian bourse.
State Street and its subsidiaries now own 265.6 million shares in the company, the filing said.
Mineral Resources' (ASX:MIN) founder Chris Ellison sold 1.8 million ordinary shares at AU$69.98 per share in the company through an on-market sale between Monday and Thursday, according to a Friday filing with the Australian bourse.The disposal was carried out for personal financial planning, including setting up a family office, per the filing.Ellison remains the company's largest shareholder, holding 20.8 million shares, which represents 10.54% of the issued capital, the filing added.
China is set to place an order for 200 jets from Boeing, US President Donald Trump told Fox News on Thursday."One thing [Chinese President Xi Jinping] agreed to today, he's going to order 200 jets. That's a big thing. Boeings," Trump said."Boeing wanted 150, he got 200... I think it was a commitment," the president added.However, Boeing's shares fell nearly 5% in NYSE trading on Thursday.Bloomberg Intelligence analyst George Ferguson said an order for 200 jets "is a disappointment for a market looking for 300 or more and details around type.""China has only ordered 39 Boeing planes this decade," Ferguson noted.
U.S. President Donald Trump invited Chinese President Xi Jinping and his wife, Peng Liyuan, to the White House on Sept. 24, Politico reported Thursday.The invitation follows a high-stakes summit on Thursday, in which no trade agreement was made.During the summit, Xi warned that mishandling the Taiwan issue could lead US-China relations to "a very dangerous place."(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)