China cuts
Tesla’s record 13-day streak of gains came to an end on Wednesday, snapping a run that added $US240 billion to its market value and more than $US26 billion to Elon Musk’s fortune.
Read MoreTesla’s record 13-day streak of gains came to an end on Wednesday, snapping a run that added $US240 billion to its market value and more than $US26 billion to Elon Musk’s fortune.
Read MoreTesla’s record 13-day streak of gains came to an end on Wednesday, snapping a run that added $US240 billion to its market value and more than $US26 billion to Elon Musk’s fortune.
Read MoreTesla’s record 13-day streak of gains came to an end on Wednesday, snapping a run that added $US240 billion to its market value and more than $US26 billion to Elon Musk’s fortune.
Read MoreTesla’s record 13-day streak of gains came to an end on Wednesday, snapping a run that added $US240 billion to its market value and more than $US26 billion to Elon Musk’s fortune.
Read MoreTesla’s record 13-day streak of gains came to an end on Wednesday, snapping a run that added $US240 billion to its market value and more than $US26 billion to Elon Musk’s fortune.
Read MoreGlobal fund managers have a bad case of Fear of Missing Out as they chase the AI-driven tech rally and ignored the weak economic outlook and hawkish central banks.
Read MoreA seemingly modest update this week seems certain to result in Alkane boosting the estimated resource at its large porphyry / copper / gold prospects in the Molong area of central western NSW.
Read MoreCanada’s First Quantum Minerals has drifted into the sights of some of the world’s major players after it rejected an unsolicited bid from rival Canadian miner Barrick Gold.
Read MoreNews snippets were released during Thursday’s ASX trading session from three companies at the smaller end of the local industrials sector.
Read MoreChinese crude steel production dipped again in May to a three month low, defying optimism from a solid rise in iron ore imports in the month.
Read MoreThe Fed now thinks it has managed to guide the US economy onto the firm bit of the runway, instead of an overshoot into a recession.
Read MoreTwelve times the Reserve Bank has lifted its cash rate to try and quell inflation by slowing demand, and yet the jobs market has refused to buckle.
Read MoreAn apparent paradox was reported to the market yesterday by the listed Cobram Estate Olives with regard to its upcoming 2023 crop numbers.
Read MoreThe ACCC will play a powerful role in determining the final shape of the proposed merger of global grain giants Bunge and Viterra.
Read MoreShares in pharma giant CSL took a hit yesterday after it revealed a larger than forecast loss from currency movements for its FY2022-23.
Read MoreThe sharp fall in US consumer inflation in May means that, barring a last minute brain fade, the Fed will sit on rates this morning.
Read MoreSomething was rotten in the state of Denmark for Domino’s Pizza Enterprises, so the Brisbane-based pizza company has exited the market.
Read MoreA busy return from the King’s Holiday weekend for Rio Tinto with three material announcements made to the market on Tuesday.
Read MoreThe NAB’s monthly business survey for May has reaffirmed that activity and conditions are now following business confidence in a gathering slide.
Read MoreListed data centre services provider Macquarie Technology is asking big investors for $130 million to help it climb aboard and remain on the AI express.
Read MoreAnother week packed with decisions and updates that will alter investor sentiment and asset price trajectories – and probably leave us just as confused as usual.
Read MoreIron ore keeps rising, LNG continues to wallow, oil is going nowhere after the Saudi cut decision and gold is looking at a big week ahead.
Read MoreThe shortened week brings with it the big question for American investors especially: will the Fed and US inflation data derail the Wall Street’s return to a bull market.
Read MoreProspects of a nervy week for markets everywhere with the world’s three most-watch central banks – the ECB, BoJ and US Fed – discussing policy settings and interest rates.
Read MoreTesla’s share price has zoomed higher this year after the CEO’s disastrous Twitter adventure in 2022, but Chinese rival BYD is threatening to steal their thunder.
Read MoreFor those who missed the recent keynote presentation by Benchmark Mineral Intelligence at our Hidden Gems webinar, here are the salient points from it.
Read MoreAustralia’s third-biggest gold miner Evolution Mining is finally getting the expansion of one of its cornerstone mines, Mungari, underway with the aim to be in production by 2026-27.
Read MoreEl Nino’s imminent arrival has seen the federal government’s chief rural analysis and forecasting group cut Australia’s winter crop production and exports forecasts.
Read MoreA week after revealing a big new contract, Redflow has launched a near $19 million fund raising through a one for two non-renounceable entitlement issue.
Read MoreThursday saw operational updates from local gold miners Silver Lake Resources – albeit regarding their Sugar Zone mine in Canada – and Red 5.
Read MoreRatings agency Fitch has downgraded its view of Australian and New Zealand banks, warning of further headwinds against earnings and asset quality.
Read MoreStronger than expected economic growth in the three months to March has helped explain the sweeping surge in the Tokyo Stock Exchange in 2023.
Read MoreAustralian economic growth slowed in the March quarter as consumers cut spending and savings in the face of the RBA’s tussle with inflation.
Read MoreThe Chinese economic slowdown was dramatically underlined Wednesday with very weak May trade data – especially exports, the mainstay to this point.
Read MoreAmong the stories doing the rounds during Wednesday’s ASX trading session were these two from Viva Energy and Estia Health.
Read MoreSynlait shares jumped nearly 15% Tuesday on news that Chinese regulators approved partner a2 Milk’s China label baby formula – a2 was up less than 2%.
Read MoreThe RBA lifted the cash rate to an 11-year high of 4.1% on Tuesday and warned further rises might be needed if inflation didn’t start falling.
Read MoreTuesday saw Incitec Pivot’s Jeanne Johns name added to the list of CEOs in the news, stepping down from the role at the end of June.
Read MoreWestgold Resources has announced a $177m bid for Musgrave Minerals in a deal aimed at uniting two miners operating in the Cue area of the WA goldfields.
Read MoreThe market didn’t think much of the five-year plan the ASX announced on Tuesday, marking shares down by more than 10%.
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