Monday Market Minutes: Skating on Thin Ice
The Australian stockmarket will edge cautiously into the start of a new trading week today after another directionless week for Wall Street.
Read MoreThe Australian stockmarket will edge cautiously into the start of a new trading week today after another directionless week for Wall Street.
Read MoreMany and various are the signs indicating that the Chinese economy is being increasingly pressured by weak demand from manufacturing and consumers.
Read MoreGold continues to hang in thanks to stronger prices driven by those fears about US regional banks, higher interest rates hitting consumer spending and confidence.
Read MoreMost talk in the wake of the Allkem-Livent merger missed the main point: that it is above all a sign of the maturity of the Australian lithium industry.
Read MoreASX investors are on the hunt for more candidates for mergers and acquisitions action after more than $21 billion in bids and deals since March.
Read MoreData centre group NextDC wants shareholders to cough up $618m to help pay for two new developments in its regional expansion strategy into Asia and NZ.
Read MoreA big half year for explosives and ammonia group Orica, with revenue, underlying earnings and the company’s interim dividend all up more than 30%.
Read MoreThe boom conditions in rural Australia continued for GrainCorp, with an upgrade to full year earnings yesterday alongside a solid interim performance.
Read MoreAllkem and Livent have agreed to an all-share merger worth $US10.6 billion that will see the Western world’s third-largest producer of Lithium
Read MoreA small lift in final dividend to reward shareholders in building materials group CSR after it revealed a 17% rise in full year profit for the year to March 31.
Read MoreDeGrey Mining has hinted that a small deposit in its hugely prospective Mallina gold prospect in the WA Pilbara is about to get larger and more important.
Read MoreCarnage on and off the trading screens for both data / AI techie Appen and e-tailer Rebubble, with cost- and job-cutting the order of the day.
Read MoreAnother Federal Budget is upon us and we have all the salient points across two in-depth articles by head writer Glenn Dyer. This is Part One.
Read MoreAnother Federal Budget is upon us and we have all the salient points across two in-depth articles by head writer Glenn Dyer. This is Part Two.
Read MoreFurther confirmation that the Chinese economy continues to stutter with the slide in imports deepening in April and March’s surge in exports almost halved.
Read MoreSouth32’s proposed Hermosa manganese and zinc mine in the US has become the first mining project added to an American government fast track process.
Read MoreThe Australian economy is in good shape leading into tonight’s budget, according to the latest survey of business conditions and confidence from the NAB.
Read MoreWestpac’s interim results yesterday capped the half way point of the Big Four’s FY2022-23, with some clear signs of loan stress already emerging.
Read MoreLynas shares surged 12% yesterday after Malaysian authorities gave a six-month extension to allow it to continue operating its rare earths separation plant.
Read MoreJust as a couple of leading banks turn positive about lithium, monthly Chinese sales of New Energy Vehicles were a touch weak for no apparent reason.
Read MoreCommodities, led by oil and iron ore, took another whacking last week – but gold perked up and silver also bucked the downward trend.
Read MoreThe old adage Sell in May and Go Away doesn’t usually apply here with the southern winter and peak trading period – a downbeat Federal Budget this week might change that.
Read MoreTuesday night’s 2023-24 Federal Budget is set to dominate Australian markets this week despite most of its measures having already been leaked or announced.
Read MoreWarren Buffett’s Berkshire Hathaway has started 2023 in a solid fashion, but he has questioned how long that will last with a rare earnings downgrade.
Read MoreThe long slide in lithium prices since last November has finally caught up with global giant Albemarle, which has cut its annual profit forecast.
Read MoreChalice Mining seems to be on the cusp of confirming another major area of mineralisation and a possible second major discovery at its Julimar prospect northeast of Perth.
Read MoreLittle wonder the CBA wants the Federal Government to slap restrictions on the ability of Apple to continue to issue financial products via its iPhone wallet.
Read MoreSouth America’s two big miners – Vale of Brazil and Codelco, Chile’s copper major – have turned in very weak March quarter updates.
Read MoreMacquarie Group reported another record profit after the volatility in interest rates and commodities, especially offshore, drove revenue.
Read MoreANZ Bank lifted interim dividend 12.5% to 83 cents a share after a modest 12% rise in cash earnings for the six months to March.
Read MoreApple might have struggled in a tough economic climate during the March quarter, but it still managed to beat Wall Street expectations.
Read MoreCEO Jakob Stausholm told Rio’s Australian AGM on Thursday that, while his company remains very interested in lithium, it doesn’t want to pay too much to play.
Read MoreShares in the NAB sold off yesterday after analysts were unimpressed with higher loan interest rates being converted into a boost for net interest margin.
Read MoreFederal Reserve followed the script to a T – lifting its key interest rate by 0.25% to a 15-year high of 5% to 5.25% and then sent a hint that it may be about to pause.
Read MoreShares in Amcor fell nearly 12% at one stage on Wednesday after the company dropped June 30 earnings by 5% and warned of a challenging outlook.
Read MoreThe reality of the Reserve Bank’s rate rises and falling real household incomes has finally caught up with electronic and whitegoods retailer JB Hi-Fi.
Read MoreAustralia’s retail sales data continued its recent drift in March, according to the latest monthly report from the Australian Bureau of Statistics.
Read MoreThere’s significant expansion afoot in WA’s lithium industry as companies ignore the nervous nellies and plough on with exploration and processing plans.
Read MoreSupermarket giant Woolworths has topped Coles in reporting an 8% rise in March quarter sales after its rival revealed a 6.5% rise of its own in its quarterly update last Friday.
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