Finance News

China's economic challenges

China's economic challenges

15 Jul 2024 - The Chinese government has once again missed its chance to send a message to consumers, businesses, and especially struggling homeowners that it aims to help them by cutting official interest rates.

Category: Company News

Star faces another embarrassment

Star faces another embarrassment

15 Jul 2024 - Yet another hard-luck story emerges from the annals of corporate Australia: Star Entertainment Group (ASX:SGR) and its casinos in Sydney, the Gold Coast, and Brisbane.

Category: Company News

Rio Tinto and BHP on the takeover trail

Rio Tinto and BHP on the takeover trail

15 Jul 2024 - Two media reports over the weekend suggest that Rio Tinto (ASX:RIO) and BHP (ASX:BHP) are still on the takeover trail.

Category: Company News

The S&P/ASX 200 trades above 8000 for the first time

The S&P/ASX 200 trades above 8000 for the first time

15 Jul 2024 - The Australian sharemarket hit new highs during the morning session with the S&P/ASX 200 trading above 8000 for the first time.

Category: Market Reports

Stocks of the Hour: Liontown Resources, Andromeda Metals, Adisyn

Stocks of the Hour: Liontown Resources, Andromeda Metals, Adisyn

15 Jul 2024 - A snapshot of the stocks on the move, featuring Liontown Resources (ASX:LTR), Andromeda Metals (ASX:ADN) and Adisyn Ltd (ASX:AI1).

Category: Company News

Money tips from Kerry Packer's former accountant

Money tips from Kerry Packer's former accountant

15 Jul 2024 - Allan Mason, the former accountant to Kerry Packer during the height of his notoriety, speaks about his best-selling book and tips for cutting back tax costs.

Category: Interviews

Dow Jones leads broader market higher

Dow Jones leads broader market higher

15 Jul 2024 - Markets resumed their march upwards with the Dow Jones hitting new highs in intraday trading, as investors continued to rotate into the broader market and smaller companies.

Category: Market Reports

A week packed with economic data and corporate reports

A week packed with economic data and corporate reports

15 Jul 2024 - Warren Buffett’s Berkshire Hathaway is less than $100 million away from joining the trillion-dollar club of major US mega companies.

Category: Company News

Oil market update

Oil market update

15 Jul 2024 - At the end of last week, OPEC remained bullish on oil demand, while US drillers were less optimistic, and US demand remained difficult to gauge, according to traders and analysts.

Category: Company News

American banks signal economic concerns

American banks signal economic concerns

15 Jul 2024 - On Thursday, American investors received strong hints of growing malaise among Americans as PepsiCo, Delta Airlines, and food group Conagra all reported clear signs of weak consumer support for price rises and weakening sales volumes (or slowing ticket sales in the case of Delta).

Category: Company News

China's commodity trends in June 2024

China's commodity trends in June 2024

15 Jul 2024 - China maintained a reasonable appetite for key commodities in June, but there was nothing to suggest confidence building for an upturn anytime soon.

Category: Company News

ASX outlook

ASX outlook

15 Jul 2024 - Boom, boom for the ASX 200 after last week’s surging end and solid gain for the five days. Another 50-point gain was penciled in for today after the overnight futures market ended strongly early Saturday (Australian time).

Category: Company News

Gold holds near seven-week highs

Gold holds near seven-week highs

15 Jul 2024 - Gold steadied near seven-week highs at the close on Friday, while the dollar and yields weakened, despite a report showing US producer prices in June were slightly firmer than expected.

Category: Company News

Diary

Diary

15 Jul 2024 - There’s a job lot of data and events this week to distract investors, but only the timid will care about them, especially when The Bull is striding the world’s bourses, driving momentum and turning the heads of investors large and small away from prudence and the growing list of warnings.

Category: Company News

The Dow reaches above 40,000 points for the first time since May

The Dow reaches above 40,000 points for the first time since May

15 Jul 2024 - More gains ahead this week for Wall Street after Friday's record session?

Category: Company News

Disinflation resumes in US, RBNZ pivots, Shares hit record, Surge in shipping costs less threatening

Disinflation resumes in US, RBNZ pivots, Shares hit record, Surge in shipping costs less threatening

12 Jul 2024 - Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses developments in investment markets over the past week, economic activity trackers, major global economic events and Australian economic events.

Category: Stock Watch

DroneShield (ASX:DRO) - Webinar Presentation

DroneShield (ASX:DRO) - Webinar Presentation

12 Jul 2024 - Oleg Vornik - CEO and Managing Director - DroneShield Limited (ASX:DRO) is a global provider of counter-drone solutions.

Category: Company Presentations

Winston's Weekly: Outlook for rate cuts

Winston's Weekly: Outlook for rate cuts

12 Jul 2024 - Winston Sammut, the Director Property of Euree Asset Management, gives his weekly take on the REITs sector.

Category: Stock Watch

Pointerra (ASX:3DP) - Webinar Presentation

Pointerra (ASX:3DP) - Webinar Presentation

12 Jul 2024 - Ian Olson - Managing Director - Pointerra Limited (ASX:3DP) provides end-to-end solutions for processing and analysing the key insights from massive 3D data at a new level of speed and scale.

Category: Company Presentations

ASX up 0.86% near noon: REITs soars by 2.3%

ASX up 0.86% near noon: REITs soars by 2.3%

12 Jul 2024 - Australian shares hit a record high of 7938 points following US deflation data for June, which fueled expectations of impending interest rate cuts by the Federal Reserve. This spurred a shift in investor sentiment towards smaller-cap stocks benefiting from lower rates, reflected in declining US bond yields. At 11:40am, the S&P/ASX 200 is 0.86 per cent higher at 7,957.80.

Category: Market Reports

Stocks of the Hour: Immutep, Middle Island Resources, Inca Minerals

Stocks of the Hour: Immutep, Middle Island Resources, Inca Minerals

12 Jul 2024 - A snapshot of the stocks on the move, featuring Immutep (ASX:IMM), Middle Island Resources (ASX:MDI) and Inca Minerals (ASX:ICG).

Category: Company News

Immutep (ASX:BLA) - TACTI-003 positive data in patients with negative PD-L1 expression (cohort B)

Immutep (ASX:BLA) - TACTI-003 positive data in patients with negative PD-L1 expression (cohort B)

12 Jul 2024 - Immutep Limited (ASX:IMM) Executive Director and CEO Marc Voigt, Chief Medical Officer Dr Florian Vogl, and Senior Vice President Strategic Development Christian Mueller present on Immutep's latest clinical results.

Category: Company Presentations

US consumers push back against corporate price hikes

US consumers push back against corporate price hikes

12 Jul 2024 - After two years of significant price rises and few apologies, US consumers are starting to get their revenge on corporate America, even as price pressures ease.

Category: Company News

BYD's expansion strategy

BYD's expansion strategy

12 Jul 2024 - Chinese EV giant BYD is in the process of establishing an international network of plants and distribution facilities to circumvent the steep tariffs planned by the US and the European Union.

Category: Company News

S&P 500s 7-day rally ends as traders shift to small-cap stocks

S&P 500s 7-day rally ends as traders shift to small-cap stocks

12 Jul 2024 - A multi-day rally for the S&P 500 came to an end after cooler-than-expected inflation data for June pushed traders to bet on more interest rate cuts this year.

Category: Company News

Big tech names pull back as small caps shine

Big tech names pull back as small caps shine

12 Jul 2024 - The S&P 500 and Nasdaq both ended the day in the red as investors looked to rotate out of the big tech names and into small caps and property.

Category: Market Reports

Wall Street's mixed reaction to unexpected inflation drop

Wall Street's mixed reaction to unexpected inflation drop

12 Jul 2024 - Wall Street reacted nervously on Thursday to good news on inflation. The Dow was up, but the S&P 500 and Nasdaq were down for the session.

Category: Company News

BHP suspends nickel mining in WA amid global oversupply

BHP suspends nickel mining in WA amid global oversupply

12 Jul 2024 - BHP (ASX:BHP) has bitten the bullet and will suspend nickel mining in WA, warning of a full-year loss in its nickel business.

Category: Company News

ASX closes 0.9% higher: Investors await US inflation report

ASX closes 0.9% higher: Investors await US inflation report

11 Jul 2024 - The Australian sharemarket experienced a risk-on day, with the benchmark briefly climbing above 7900 points in a broad rally led by the big four banks.

Category: Market Reports

Synlait Milk shares surge 52% after key refinancing approval

Synlait Milk shares surge 52% after key refinancing approval

11 Jul 2024 - Synlait Milk (ASX:SM1) shares jumped 52% yesterday after shareholders approved the first step of a complicated refinancing of the struggling company’s debt and finances.

Category: Company News

Uranium stocks surge following Kazakhstani tax hike

Uranium stocks surge following Kazakhstani tax hike

11 Jul 2024 - Uranium stocks are soaring on Thursday following an unexpected hike in uranium extraction taxes in Kazakhstan. This move is anticipated to curb future supply growth from the country, home to the world's largest producer, Kazatomprom.

Category: Company News

The challenges of container shipping in the current global environment

The challenges of container shipping in the current global environment

11 Jul 2024 - Container shipping and the web of global transport services linked to it are entering the usual peak season for demand, but this year's scenario planning includes many questions about supply.

Category: Company News

ASX up 0.88% near noon: Wall Street records big gains

ASX up 0.88% near noon: Wall Street records big gains

dd May 2024 - At 11:35am, the S&P/ASX 200 is 0.88 per cent higher at 7,885.40. The rally, fueled by gains in Wall Street's tech giants, saw local sectors like technology and real estate advance

Category: Market Reports

Stocks of the Hour: Augustus Minerals, Clara Resources, Taruga Minerals

Stocks of the Hour: Augustus Minerals, Clara Resources, Taruga Minerals

11 Jul 2024 - A snapshot of the stocks on the move, featuring Augustus Minerals (ASX:AUG), Clara Resources (ASX:C7A) and Taruga Minerals (ASX:TAR).

Category: Company News

Woodside inks new supply deal with Taiwan's CPC

Woodside inks new supply deal with Taiwan's CPC

11 Jul 2024 - Shares of Woodside Energy (ASX:WDS) have increased today following the announcement of a significant supply agreement with Taiwan’s CPC Corp, a major player in the petrochemicals industry.

Category: Company News

Elementos tin and copper exploration breakthroughs

Elementos tin and copper exploration breakthroughs

11 Jul 2024 - Elementos MD Joe David talks about recent high-grade discoveries at the Tasmanian Cleveland project and future exploration plans.

Category: Interviews

ACCC launches legal action against The Good Guys over misleading promotions

ACCC launches legal action against The Good Guys over misleading promotions

11 Jul 2024 - The competition regulator, the ACCC, has launched Federal Court proceedings against The Good Guys Discount Warehouses (Australia) Pty Ltd for allegedly making false or misleading representations about their store credit and ‘StoreCash’ promotions, and failing to provide store credit to eligible consumers, in breach of the Australian Consumer Law.

Category: Company News

Seven Group Holdings announces post-transaction dividend of 30 cents per share

Seven Group Holdings announces post-transaction dividend of 30 cents per share

11 Jul 2024 - The Stokes family's Seven Group Holdings (ASX:SVW) has followed through on a commitment made in April during its takeover of the minorities in Boral, announcing a post-transaction dividend of 30 cents per share.

Category: Company News

BP raises oil and gas demand forecasts

BP raises oil and gas demand forecasts

11 Jul 2024 - BP has increased its forecasts for oil and gas demand, signaling a slowdown in the transition to clean energy. In its annual outlook, the oil major highlighted that renewable power sources like wind and solar are not expanding quickly enough to meet the growing global energy demand.

Category: Company News

Tech giants surge to new heights

Tech giants surge to new heights

11 Jul 2024 - In the value chain race, Apple remained on top, with its value rising nearly 1.9% to a massive $US3.57 trillion, around $US100 billion ahead of Microsoft, whose value rose nearly 1.5% to around $US3.47 trillion.

Category: Company News

Big tech leads US markets to fresh highs

Big tech leads US markets to fresh highs

11 Jul 2024 - Big tech names surged higher leading the broader market to new record highs ahead of the highly anticipated inflation data due out tomorrow US time.

Category: Market Reports

The five reasons why the $A is likely to rise further - if recession is avoided

The five reasons why the $A is likely to rise further - if recession is avoided

10 Jul 2024 - Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses the Australian dollar.

Category: Stock Watch

Analysis of Johns Lyng Group, Macquarie Technology Group and Rolls-Royce Holdings

Analysis of Johns Lyng Group, Macquarie Technology Group and Rolls-Royce Holdings

10 Jul 2024 - Fund Manager Chris Pedersen discusses Johns Lyng Group, Macquarie Technology Group and Rolls-Royce Holdings.

Category: Stock Watch

Mixed messages in China's June inflation data

Mixed messages in China's June inflation data

10 Jul 2024 - The June inflation data from China presented mixed messages on Wednesday, as economic activity and the government’s ongoing support measures failed to gain real traction with consumers and depressed sectors of the economy.

Category: Company News

China's inflation numbers fall short of expectations

China's inflation numbers fall short of expectations

10 Jul 2024 - China’s consumer price inflation rose by 0.2% in June from a year ago, missing expectations, while producer prices fell in line with forecasts, data from the National Bureau of Statistics showed on Wednesday.

Category: Company News

Reserve Bank of New Zealand hints at possible rate cut

Reserve Bank of New Zealand hints at possible rate cut

10 Jul 2024 - The Reserve Bank of New Zealand has left its cash rate on hold at 5.50% but again hinted that a rate cut could be coming.

Category: Company News

Minister Shane Jones discusses New Zealand's resources sector

Minister Shane Jones discusses New Zealand's resources sector

10 Jul 2024 - The Honourable Shane Jones discusses the New Zealand government's pro-mining strategy. Topics touched on include: the rationale behind invigorating the resources sector, statutory reforms to boost investment, and commodities New Zealand possesses.

Category: Interviews

ASX down 0.47% near noon: Materials down 1.11%

ASX down 0.47% near noon: Materials down 1.11%

10 Jul 2024 - Australian shares opened lower following a previous day's rally, and at 11:30am, the S&P/ASX 200 is 0.47 per cent lower at 7,792.60.

Category: Market Reports

Stocks of the Hour: Infini Resources, Mako Gold, Elementos

Stocks of the Hour: Infini Resources, Mako Gold, Elementos

10 Jul 2024 - A snapshot of the stocks on the move, featuring Infini Resources (ASX:I88), Mako Gold (ASX:MKG) and Elementos (ASX:ELT).

Category: Company News

Golden opportunities: Developing the Bendigo-Ophir project in New Zealand

Golden opportunities: Developing the Bendigo-Ophir project in New Zealand

10 Jul 2024 - Santana Minerals Limited (ASX:SMI) CEO Damian Spring provides an update on the company's progress, discussing an increase in indicated resource at the RAS deposit, expected completion of the prefeasibility study, stakeholder engagement, and the possible impact of the Fast-Track Approvals Bill.

Category: Interviews

Yesterday is but today's memory and tomorrow is today's dream.
Khalil Gibran