Shipping Problems Undermine Lynas
The market took a set against rare earths miner Lynas yesterday after its third quarter report revealed a slide in sales because of problems shipping its products.
Read MoreThe market took a set against rare earths miner Lynas yesterday after its third quarter report revealed a slide in sales because of problems shipping its products.
Read MoreJames Packer has been offered a way to exit the troubled Crown Resorts share register in a painless fashion for him, but what about the rest of the Crown share register?
Read MoreCenturia Capital and Primewest announced a $15.5 billion merger that will lift Centuria into the ASX200 and allow it to expand into the lucrative agricultural property sector.
Read MoreRupert Murdoch’s News Corp recently raised more than $A1.3 billion and now Kerry Stokes wants half a billion dollars for his Seven Group Holdings master company to reduce debt.
Read MoreAustralian lithium producers Orocobre and Galaxy Resources will merge in an all-paper $4 billion transaction to create what they claim will be the 5th largest producer of the key commodity.
Read MoreSoft applause from investors for the first earnings and distribution guidance for a year from GPT as it emerges from the shadow of uncertainty caused by Covid and the lockdowns.
Read MoreShares in scrap metal giant Sims Ltd hit a two year high of $16.90 and closed up more than 8% after the company upgraded its June 30 earnings forecasts.
Read MoreOptimism all around for commodities as they closed the week with good gains, thanks in a large part to a weakening dollar.
Read MoreAmid rising government pressure to curb pollution, China’s crude steel output surged in March and the first three months of the year from the Covid-hit first quarter of 2020.
Read MoreThe ASX is looking for a solid start today after another series of record closes on Wall Street on Friday, with futures trading on Friday indicating a 37-point rise for the start of trading later this morning.
Read MoreThe US March quarter earnings season starts its busiest two weeks with Netflix’s report Tuesday expected to dominate, along with figures from key airlines, some techs and oil services groups.
Read MoreA busy week for data, US quarterly reports and local mining companies, with the chance for more records for stockmarkets as the flood of stimulus spending keeps the markets buoyant.
Read MoreAs expected China’s March quarter economic growth boomed – mostly due to a comparison with the sharp fall in the March quarter of 2020.
Read MoreDespite solid gains on Wall Street and analyst enthusiasm for the March quarter results from four of America’s six major banks, the quality was variable.
Read MoreShares in Whitehaven Coal slumped more than 14% on Thursday after it revealed another downgrade to its sales estimates for the year to June 30.
Read MoreThe March labour force data was strong but we won’t get a true picture of the health of the jobs market post JobKeeper until this time in May and then in June.
Read MoreInterim dividends are back at Bank of Queensland after first-half profits rose 9% to $165 million, led by a turnaround in its retail banking arm.
Read MoreThe rebounding global economy – led by China and the US – has seen the International Energy Agency (IEA) lift its 2021 demand forecast.
Read MoreThe Reserve Bank of New Zealand has again kept its key interest rate on hold in a repeat of its previous decision this year, citing a summer slowdown in economic activity.
Read MoreAlthough over half a trillion dollars has gone into equity funds since last November, investors have suddenly got cold feet in the last month and started heading into cash.
Read MoreDespite the doomsayers’ prediction of carnage at the first hint of a jump in US inflation, when it actually came it passed without too much pain and bond yields actually fell.
Read MoreTrade data for March confirmed China’s appetite for raw materials as the country once again spent heavily with inbound shipments of most major commodities surging in volume and value.
Read MoreGold miner Resolute has regained its Bibiani gold mining lease in Ghana but the government has retained control over who can buy it, putting the kibosh on a potential sale.
Read MoreThe Australian economy made it through the end of JobKeeper and reduction in JobSeeker payments in a healthy state, according to the March business survey from the NAB.
Read MoreCleanaway’s $2.5 billion bid to buy the Australian recycling assets of French group, Suez is dead but what about their Plan B – the acquisition of a number of Sydney-based Suez assets?
Read MoreChina’s trade performance surged in March as imports grew at their strongest rate in four years while exports continued the solid growth seen in the past few months.
Read MoreAustralian iron ore exports are showing more signs of having plateaued in 2021 while shipments from our major competitor Brazil are surging with prices hitting record highs.
Read MoreEmbattled Crown Resorts reported yesterday that it had appointed South Australian businessman Bruce Carter as a director to help fill out the casino group’s emaciated board.
Read MoreWhile some analysts remain bullish on the Australian dollar, thinking that after 2020’s rebound against the greenback it still has some mileage left, ratings agency Moody’s begs to differ.
Read MoreAnother surge in Chinese car sales in month of March and the first quarter help confirm the strength of Chinese production and consumer demand ahead of the release of the latest GDP this Friday.
Read MoreAfter 2020’s jobs purge in Australia, are more cost cuts coming at News Corp globally as the company’s revamp of its back offices and other shared services accelerates?
Read MoreSuez and Veolia, the two warring French waste and other industrial groups, have kissed and made up, thereby killing off Cleanaway’s $A2.5 billion deal to buy Suez’s Australian waste assets.
Read MoreAccording to Bank of America (BofA) analysts, investors around the globe have, in the five months since last November, invested more in equities than they did in the previous 12 years.
Read MoreWhile the housing market goes from strength to strength, the problems for listed retail shopping mall owners and their privately controlled counterparts don’t look like easing any time soon.
Read MoreBHP and Vale have called the bluff of hedge funds and other distressed debt investors trying to hold them to ransom over their joint venture Brazilian pellet maker, Samarco Mineracao.
Read MoreUS March quarter reports start in earnest from this week as the six major banks release their latest figures, with analysts confidently forecasting a strong rebound in profits.
Read MoreThe ASX is looking at a modest rise today after Wall Street ended a solid week on a high, with the local futures market up 6 points at the close on Friday.
Read MoreAnother big week for business, economies and investors/consumers, with plenty of data coming out, led by the latest local jobs figures and some key US economic data.
Read MoreData issued on Friday by the Chinese National Bureau of Statistics revealed the Consumer Price Index rose 0.4% in March compared to a fall of 0.2% in February.
Read MoreThe Australia-NZ travel bubble proposal between has seen a delay to Air New Zealand’s recapitalisation with the national government temporarily boosting the size of its loan facility and extending the timing of the support until late 2023.
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