Bank of Queensland’s year: Challenges, earnings, and outlook
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In the realm of profit announcements, cash earnings typically reign supreme for most banks, though Westpac has reverted to using statutory earnings.
Read MoreIn the realm of profit announcements, cash earnings typically reign supreme for most banks, though Westpac has reverted to using statutory earnings.
Read MoreQantas (ASX:QAN) Chair Richard Goyder is set to respond to persistent calls for his departure from the board, with his exit planned for just over a year from now.
Read MoreAccording to the latest World Economic Outlook (WEO) from the International Monetary Fund (IMF), China and the EU are identified as the weak points in the global economy for 2024, with the US playing a stabilising role.
Read MoreGina Rinehart's Hancock Prospecting has inched closer to acquiring a 19.9% stake in Liontown Resources (ASX:LTR), pending a potential bid from US lithium giant Albemarle at $3 per share.
Read MoreIron ore and coking coal futures slid to six-week lows in Asia on Tuesday as China returned to business after the eight-day holiday last week, and traders concluded that not much had changed.
Read MoreAntipa Minerals (ASX:AZY) has commenced phase two drilling at its Minyari Dome gold-copper project in Western Australia's increasingly prospective Paterson province.
Read MoreIn September, the Australian economy exhibited increased resilience, with the quarter ending despite signs of weakening price and labor cost pressures, as reported in the latest national business survey by the National Australia Bank (ASX:NAB).
Read MoreThe ACCC announced on Tuesday morning that it has granted conditional clearance to the $18.7 billion bid for Origin Energy (ASX:ORG) by Brookfield and MidOcean.
Read MoreOf course, OPEC would be bullish on the outlook for oil (and, to a lesser extent, gas) – they have no other way of surviving. If they weren't bullish about future demand, that would be big news.
Read MoreThe Bank of England appears to have successfully averted a potential mini banking crisis by arranging a bailout for Metro Bank in Britain.
Read MoreNewmont's $A29 billion all-paper takeover of Newcrest (ASX:NCM) has proven to be a far more significant deal than initially anticipated.
Read MoreFortescue Metals (ASX:FMG) and Sydney-based renewable energy supplier Genex have entered into a 25-year solar power purchase agreement (PPA).
Read MoreA statement to the ASX on Monday revealed major changes to the board, including a new chairperson and two board nominees for the annual general meeting (AGM) on November 9.
Read MoreAfter Friday's surprisingly strong jobs data for September, another test for US market sentiment and momentum awaits this week with the release of September's consumer and producer price inflation data.
Read MoreThe perverseness of investors was once again underscored on Friday by their positive reaction to the much stronger US jobs report for September, a rise in bond yields, and an apparent acceptance that the Fed's much-feared "higher for longer" monetary policy setting could persist for an extended period.
Read MoreAmerica's third-quarter earnings season kicks off this week, and by week's end, there should be more than a hint of what to expect in six weeks when reporting wraps up.
Read MoreThe health of the Chinese economy is back in the spotlight this week as the country emerges from its week-long holiday break.
Read MoreGlobal oil prices are expected to rise on Monday morning following a shocking attack by the Hamas terrorist group in southern Israel.
Read MoreEveryone thinks that copper will boom in years to come – and yet its price has spent most of 2023 slowing sagging.
Read MoreThe Financial Times reported Thursday that Metro bank needs at least 600 million pounds in new capital to survive.
Read MoreGenesis Minerals (ASX:GMD) acquired the Leonora assets, primarily the Gwalia mine, from St Barbara in July after a months-long takeover process. The contribution for the September quarter marks the acquisition's initial impact.
Read MoreWestgold Resources (ASX:WGX) reported a strong start to the 2023-24 financial year, with production data for the three months ending in September.
Read MoreIn a filing with the US Securities and Exchange Commission ahead of its third-quarter report later this month, Exxon Mobil has signaled that oil companies, large and small around the world, will report significant profit gains due to a 30% jump in prices in the September quarter.
Read MoreShareholders in Newcrest Mining (ASX:NCM) will receive a fully franked special dividend of US$1.10 ($A1.58) per share as part of the takeover deal with Newmont.
Read MoreDespite ongoing record sales of battery-powered vehicles in China, the US, and Europe, lithium prices continue to slide globally due to falling prices and excess supply in China.
Read MoreDespite a slight dip in the value of the US dollar, an OPEC vote to maintain its production cap, and an unusually bullish increase in US commercial oil stocks, global oil prices slumped sharply on Wednesday, hitting their lowest levels in a month.
Read MoreIt's not an overstatement to say that the fate of US financial markets, especially bonds and equities, lies squarely in the hands of credit rating group Moody's, which remains the only one of the big three rating groups with a AAA rating for America's credit standing.
Read MoreAmid the turmoil on Wednesday, with a weakening Aussie dollar, a strong greenback, and weak gold, the Reserve Bank of NZ's decision to keep its official cash rate at 5.50% passed almost unnoticed.
Read MoreUS electric vehicle sales are poised to hit a record-breaking 1.4 million units or more by December, following a remarkable surge in the first three quarters of 2023.
Read MoreOn Tuesday, US 10-year bond yields surged to 4.80%, marking a new 16-year high. Investors, both large and small, were gripped by worry over rising interest rates, increasing inflation, and Federal Reserve actions, according to market reports.
Read MoreSteady as Michelle Bullock took the reins as the new Governor at the Reserve Bank, judging by the statement from her first central bank monetary policy meeting on Tuesday.
Read MoreComputershare (ASX:CXU) has concluded that the US mortgage servicing business is not the gold mine that the company once thought.
Read MoreTesla is poised for another record-breaking sales performance in 2023, despite a noticeable slowdown in deliveries during the three months ending on September 30.
Read MoreFor the second time in a week, Gina Rinehart has increased her stake in the lithium mine developer, Liontown Resources (ASX:LTR), as her Hancock Prospecting company intensifies its scrutiny of the Kathleen Valley mine's construction in Western Australia, along with the project's escalating costs.
Read MoreDe Grey Mining's (ASX:DEG) ambitious plans for a company-changing $300 million capital raising have been successful, with the would-be gold miner revealing that it had secured commitments for the full amount (before costs).
Read MoreGalileo Mining (ASX:GAL) has joined Chalice Mining in outlining a new style of metal deposit in Western Australia, featuring areas of mineralisation with a significant presence of precious industrial metals such as palladium and platinum, along with gold, copper, and nickel.
Read MoreThe final payment for Appen's 2021 acquisition of Quadrant Global Pte Ltd is now expected to be lower than initially forecasted, impacting Appen's working capital facility.
Read MoreThe National Rugby League’s season wraps up this Sunday, with the Brisbane Broncos (ASX:BBL) having a good chance to become premiers for the first time in 17 years when they play Penrith in Sydney.
Read MoreLiontown Resources (ASX:LTR) has further exposed its financial vulnerabilities with another cost overrun on its Kathleen Valley lithium project in Western Australia's northern Goldfields.
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