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( ) is one of the most popular shares on the ASX and features in a large number of investment portfolios. And when I say large, I mean it! In November, the big four released its annual report and revealed that it has a total of 585,000 shareholders. That's roughly one in fifty people in Australia. In addition, even if you don't hold Westpac shares directly, there's a strong chance that you have indirect exposure through your superannuation fund. Overall, this means that the performance of Australian oldest bank's shares has a significant impact on the wealth of Australians. But has this impact been a positive one? Let's see what would have happened if I had invested $5,000 into the bank's shares one year ago. Investing $5,000 into Westpac shares a year ago One year ago, Westpac's shares were down in the doldrums and unloved by the market. They were changing hands for just $22.14, which isn't too far off a multi-year low. This means that if I were to have invested $5,000 (and an extra $3.64 for good measure), I would have ended up buying 226 Westpac shares. Would that have been a good decision? You bet it would! The big four banks have been on fire over the past 12 months with investors flooding back into the sector and driving their share prices higher. And just when you thought they couldn't go even higher, they would climb again. This led to the Westpac share price climbing to a nine-year high during 2024. And while it has pulled back a touch this month, it is still significantly outperforming the market since this time last year. Over the period, the ASX 200 index has risen an impressive 14.3%. Whereas Westpac's shares have climbed a remarkable 45.3%, leaving them at $32.17 on Friday. This means that those 226 shares I could have bought with a $5,000 investment a year ago would now have a market value of . Don't forget the dividends Over the past 12 months, Westpac has paid out two . It paid out 72 cents per share in December 2023 and then 90 cents per share in June 2024. Technically, I wouldn't have received the first dividend due to the ex-dividend date being before my purchase date, but I'm including it in this example because another dividend of a similar value is just days away from being paid. Based on the above, my 226 shares would have pulled in $366.12 of dividend income over the period, boosting my total holding to . That's over $2,600 more than my original investment, which equates to a total return of just over 50%. Here's hoping 2025 will be another successful year for Westpac shares.Hankyung.com introduces: MecKare, Leading the AI-powered Innovation in Health Monitoring SolutionBrisbane news live: Labor eyes last chance of 2024 to tick policy boxes
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Published 4:26 pm Friday, December 6, 2024 By Data Skrive Today’s NBA slate features seven contests, including the Memphis Grizzlies versus the Boston Celtics. Coverage of all the NBA action today is available to you, with the information provided below. Sign up for NBA League Pass to get access to games, live and on-demand, and more for the entire season and offseason. Watch ESPN originals, The Last Dance and more NBA content on ESPN+. Use our link to sign up for ESPN+ or the Disney bundle. Not all offers available in all states, please visit BetMGM for the latest promotions for your area. Must be 21+ to gamble, please wager responsibly. If you or someone you know has a gambling problem, contact 1-800-GAMBLER .Croatia's president faces conservative rival in election run-off
England's Cox ruled out of New Zealand test seriesSouth Korean President Yoon Suk Yeol is facing possible impeachment for sending heavily armed soldiers into Seoul's streets with a baffling declaration of martial law that reminded many of the country's past military-backed dictatorships. Lawmakers began impeachment proceedings against Yoon just hours after parliament unanimously voted to cancel martial law, forcing the president to lift his order about six hours after it began. Opposition parties are pushing for a vote on Saturday on the impeachment motion, which needs support from two-thirds of the National Assembly to advance to the Constitutional Court, which would decide whether to remove Yoon from office. Yoon appeared on TV hours ahead of the parliamentary vote on Saturday and apologised for causing public anxiety with his short-lived attempt to impose martial law earlier this week. The head of Yoon's governing party has expressed support for suspending the president's powers, making Yoon's impeachment more likely. Here's what to know about the situation: Will Yoon be impeached? Parliament was set to vote vote Saturday on Yoon's impeachment, calling his short-lived martial law declaration an "unconstitutional, illegal rebellion or coup". But with 192 seats in the 300-member National Assembly, they need support from some members of the president's conservative People Power Party to get the two-thirds majority required to pass the impeachment motion. In a striking reversal, PPP leader Han Dong-hun called on Friday for an immediate suspension of Yoon's official duties, increasing the chances of impeachment. Han said he had received intelligence that Yoon had ordered the country's defence counterintelligence commander to arrest key politicians on accusations of "anti-state activities" during the brief period of martial law. Yoon also faces rising popular pressure to step down. Thousands of protesters have marched in the streets of Seoul since Wednesday, and thousands of autoworkers and other members of the Korean Metal Workers' Union, one of the country's biggest umbrella labour groups, have started hourly strikes since Thursday. The motion to impeach Yoon can be put to a vote between Friday and Sunday. A new motion can be submitted later if the current one fails or expires. If Yoon is impeached, he would be suspended until the Constitutional Court decides whether to remove him from office. Prime Minister Han Duck-soo, who holds the No. 2 position in the government, would take over presidential responsibilities. The Constitutional Court currently has three vacancies due to retirements, and six votes are required to remove the president from office. The Democratic Party is expected to speed up the process of exercising its right to recommend two of the three new justices. What is martial law? South Korea's constitution gives the president the power to use the military to keep order in "wartime, war-like situations or other comparable national emergency states". Imposing martial law can include things like suspending civil rights such as the freedom of the press and assembly and temporarily limiting the powers of the courts and government agencies. The constitution also gives the National Assembly the power to lift the declaration with a majority vote. Lawmakers rushed to the building as soon as they heard of Yoon's declaration late Tuesday. Some climbed the walls to evade the military cordon so they could assemble a quorum. Their vote to lift the order was 190-0 including 18 members of Yoon's party. The impeachment motion alleges Yoon imposed martial law far beyond his legitimate powers and in a situation that did not meet the constitutional standard of a severe crisis. The constitution also doesn't allow a president to use the military to suspend parliament. The motion argues that suspending political party activities and deploying troops to seal the National Assembly amounted to rebellion. Yoon blamed an anti-state' plot but details are vague In Yoon's announcement late Tuesday, he vowed to eliminate "anti-state" forces he said were plotting rebellion and accused the main opposition parties of supporting the country's rival, North Korea. Yoon gave no direct evidence when he raised the spectre of North Korea as a destabilising force. Yoon has long maintained that a hard line against North Korea is the only way to stop it from following through on its nuclear threats against South Korea. Yoon has struggled to get his agenda through an opposition-dominated parliament while facing corruption scandals involving him and his wife. Yoon has been struggling politically There were quick claims that the martial law declaration was linked to Yoon's political struggles. He has had little success in getting his policies adopted by a parliament that has been controlled by the opposition since he took over in 2022. Conservatives have said the opposition moves are political revenge for investigations into Democratic Party leader Lee Jae-myung, who is seen as the favourite in the next presidential election in 2027. Just this month, Yoon denied wrongdoing in an influence-peddling scandal involving him and his wife. The claims have battered his approval ratings and fuelled attacks by his rivals. The scandal centres on claims that Yoon and first lady Kim Keon Hee exerted inappropriate influence on the PPP to pick a certain candidate to run for a parliamentary by-election in 2022 at the request of Myung Tae-kyun, an election broker and founder of a polling agency who conducted free opinion surveys for Yoon before he became president. Yoon has said he did nothing inappropriate. Martial law has a dark history in South Korea During the dictatorships that emerged as South Korea rebuilt from the 1950-53 Korean War, leaders occasionally proclaimed martial law that allowed them to station soldiers, tanks and armoured vehicles on streets or in public places to prevent anti-government demonstrations. Army Gen. Park Chung-hee led several thousand troops into Seoul in the early hours of May 16, 1961, in the country's first coup. He led South Korea for nearly 20 years and proclaimed martial law several times to stop protests and jail critics before he was assassinated by his spy chief in 1979. Less than two months after Park's death, Maj. Gen. Chun Doo-hwan led tanks and troops into Seoul in December 1979 in the country's second coup. The next year, he orchestrated a brutal military crackdown on a pro-democracy uprising in the southern city of Gwangju, killing at least 200 people. In the summer of 1987, massive street protests forced Chun's government to accept direct presidential elections. His army buddy Roh Tae-woo, who had joined Chun's 1979 coup, won the election held later in 1987 largely because of divided votes among liberal opposition candidates. (This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
Jesaaelys Ayala known for her successful career as an influencer and her impact on social networks, has faced difficult weeks due to the divorce of her parents, Daddy Yankee and Mireddys González, who announced their separation after decades of marriage. Through a video published on his profile instagram where he has accumulated millions of followers, Jesaaelys addressed the issue with a clear and direct message that quickly captured the attention of the media and the public. “They have not been easy days,” said Jesaaelys, marking a moment of vulnerability as she shared details of how she has handled comments surrounding her parents’ separation. His statement was an attempt to clear up the speculation and rumors that have surrounded the family in recent weeks. The difficult moment of Jesaaelys Ayala after the divorce from Daddy Yankee The personal life of Jesaaelys Ayala daughter of the iconic reggaeton artist Daddy Yankee and Mireddys González, has been in the spotlight since the news of her parents’ divorce broke. The young influencer, who has stood out for her authenticity and connection with her followers, has decided to speak openly about what this stage has meant for her and her family. Jesaaelys has accompanied Mireddys González during several legal proceedings related to the separation, which has generated a wave of reactions on social networks. While many have supported her, others have issued criticisms that, she said, reflect a lack of understanding of the situation. “Everyone speaks without knowing as if they know, and they only know a distorted version,” he noted in his post. In her video, which mixes her beauty routine with personal reflections, Daddy Yankee’s daughter highlighted how much she has learned in this process. “Seeing people’s true colors and what they are capable of doing” was one of the phrases that resonated most among his followers, evidencing the emotional impact that this period has had. Despite the difficult moments, Jesaaelys stated that he maintains his peace of mind and trusts in his personal integrity. “I know my heart and I know the truth, that allows me to sleep peacefully at night,” he expressed. In addition, he sent a strong message to his detractors: “Well, continue commenting with the information you have and may God multiply what you wish for me.” Join our entertainment channel
During the COP29 plenary session in Baku, country representatives gathered to tackle key negotiations, aiming to set a new target for annual climate finance. The talks are crucial, with global attention fixed on the outcome. Azerbaijan's COP29 President, Mukhtar Babayev, urged delegates to intensify their efforts, highlighting the global spotlight on their discussions. Babayev emphasized that time is limited and stressed the importance of bridging remaining differences. Brazil's Environment Minister, Marina Silva, conveyed through a translator the need for a minimally acceptable result, noting the urgent environmental challenges faced by societies worldwide. Silva called for renewed urgency and accountability to safeguard the planet. (With inputs from agencies.)
Short Interest in Aeries Technology, Inc (NASDAQ:AERT) Declines By 16.4%