Nobody Expected the RBA Requisition
The Reserve Bank’s surprise 0.25% rate rise on Tuesday flew in the face of the widespread belief that it would sit on rates for a second month in a row.
Read MoreThe Reserve Bank’s surprise 0.25% rate rise on Tuesday flew in the face of the widespread belief that it would sit on rates for a second month in a row.
Read MoreQantas has gone in-house for a new CEO, announcing that Chief Financial Officer Vanessa Hudson will replace outgoing head Alan Joyce in November.
Read MoreAnalysts will be watching the Nine presentation at the Macquarie conference to see by how much Seven’s experience in weakening revenues shows up in its TV and newspapers.
Read MoreFirst Republic bank finally couldn’t be rescued at the weekend and was seized by regulators and most of its loans and deposits were sold to JPMorgan.
Read MoreNews from the Monday trading session at the Australian Stock Exchange from Transurban, Adore Beauty and Best & Less.
Read MoreThe weak production effort and 40% slump in net profit from Newmont in the first quarter of this year explains why it really wants Australia’s Newcrest Mining.
Read MoreThe price caps and other government moves to rein in rising prices that so worried Origin Energy investors have instead ended up being beneficial in Australia and the UK.
Read MoreA rude wake-up call for the RBA, with gloomy forecasts of a big slump and problems for borrowers blown out of the water by a turnaround in house prices for April.
Read MoreCommodity prices went nowhere for most of April as China’s re-opening has gone flat, with the health of the US economy the underlying fear for many investors.
Read MoreUnexpected retreats in two activity surveys for April released on Sunday show why the Chinese government is increasingly worried about the health of the country’s economy.
Read MoreAn exceptionally busy week for markets with interest rate decisions, quarterly earnings, employment and economic data from all around the globe.
Read MoreFour months into 2023 and global financial markets still can’t rediscover the certainty of January and its strong start to the year seems oh so long ago.
Read MoreJudging by the tone from two of the country’s major producers Pilbara Minerals and IGO, they aren’t quite ready to accept that the lithium boom is fading just yet.
Read MoreStand by for a flood of cars from China – particularly electric vehicles from the likes of global leader BYD – over the rest of 2023 and into 2024.
Read MoreShares in health supplements company Blackmores surged 22% on Thursday after a $1.9 billion bid at $95 per share by Japanese brewer Kirin, owner of the Lion beer business.
Read MoreNorthern Star Resources has lifted its cost guidance following unplanned mill outages which impacted the company’s operations in Kalgoorlie and Alaska.
Read MoreNewcrest Mining reported that, while gold production held up OK in the March quarter, problems at one of its mines left copper output down nearly 10%.
Read MoreMicrosoft is very unhappy that British antitrust regulators have blocked its proposed $US69 billion ($A105 billion) purchase of video game maker Activision Blizzard.
Read MoreA weak March quarter update from Mineral Resources Wednesday saw the shares fall almost 10% after the company dropped full-year production guidance by up to 12.5%.
Read MoreA bad Wednesday for Kiwi dairy groups Synlait Milk and A2 Milk, with both under pressure from nervy investors and Synlait shares sold off 25% to a record low.
Read MoreAhead of what could be a pivotal court hearing in Malaysia tomorrow, Lynas Rare Earths reported record NdPr production in the March quarter.
Read MoreConsumer inflation at both the headline and core level cooled in the March quarter, adding to the belief that the RBA won’t lift rates at its May policy meeting next Tuesday.
Read MoreBlueScope Steel has surprised with an upgrade to June half earnings thanks to a much stronger performance from its North Star steel mill in the US state of Ohio.
Read MoreToday through Friday is report card time for some of Australia’s lithium majors with attention returning to the sector after Chile’s shock news late last week.
Read MoreUS private equity group TPG has abandoned its $1.8 billion offer for local funerals group InvoCare – although the smart money seems to think they’ll be back.
Read MoreChallenges abound for the resources space at the moment, as attested to by the flat performances of two local majors in this past quarter, Fortescue and South32.
Read MoreInflation dominates Australian sentiment this week, as is the case for the EU, and as will be the case on Friday for US markets, along with the current earnings season.
Read MoreMarkets are anticipating more data this week that could provide greater insight into inflation’s progress and the strength of economic activity across much of the world.
Read MoreOil lost heavily for the week while gold tumbled $US30 on Friday and settled below the critical $US2,000 an ounce level for the first time in April.
Read MoreShares in the world’s top two lithium producers – Albemarle and SQM – tanked on Friday after Chile moved to take control of the country’s lithium industry.
Read MoreA tougher line on regulating competition, mergers and takeovers and markets is starting to emerge from the ACCC as M&A activity increases.
Read MoreThe renewables sector both locally and globally is watching moves by BYD and its bigger Chinese rival CATL to start mass production of sodium-ion batteries.
Read MoreTesla investors are paying a heavy price for CEO Elon Musk’s attempts to defend the EV maker’s market position, with the shares falling sharply this week on earnings and sticker weakness.
Read MoreThe March quarter saw Rio Tinto retain its position as the world’s biggest iron ore company, while major rivals BHP and Brazil’s Vale marked time or lost ground.
Read MoreUpdates Thursday from energy major Santos, whose revenue is headed in the wrong direction, and Bank of Queensland, who confirmed they are in the regulator’s sights.
Read MoreBrambles has issued another upgrade to its 2022-23 guidance, despite weak economic data from a number of major economies and a downgrade in global growth forecasts.
Read MoreTesla price cut itself into a slide in earnings in the first three months of 2023 as it tried to fight off rising challenges from Chinese, European and fellow American EV makers.
Read MoreRio Tinto has made a very strong start to its 2023 financial year with a stellar performance in its WA iron ore operations, where it reported a 16% lift in exports in the three months to March.
Read MoreThe numbers for Core Lithium’s Finniss project in the NT keep getting better – so much so that it has doubled the drilling budget this year from 2022’s spend as it looks to expand the site.
Read MoreInvestors hoping for a repeat of the boost Netflix gave the market in February’s sell down with its December 2022 report will be disappointed by the numbers for the March quarter.
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