Firmus to pursue private funding, ASX rebounds | Finance Report | ABC NEWS
Firmus may need to take on much more debt to fund the expansion of its AI data centres following the collapse of its much-hyped initial public offering (IPO).
Bond yields have risen to new multi-decade highs, pushing up borrowing costs for governments in the US, Australia, the UK, and other nations.
Meanwhile, the ASX rebounded from Thursday’s significant losses, closing 0.6 per cent higher.
Presented by David Chau.
Subscribe: http://ab.co/1svxLVE
Read more here: https://www.abc.net.au/news/2026-10-09/asx-markets-business-live-news-9-october-2026/107246104
Note: In most cases, our captions are auto-generated.
#ABCNEWS #ABCNEWSAustralia #ABCBusiness
