Sunrise Appeal Slowly Dawning on Woodside
Woodside has softened its opposition to the Greater Sunrise LNG Project, announcing a viability study to test if the project can supply Timor-Leste as efficiently as it could Australia.
Read MoreWoodside has softened its opposition to the Greater Sunrise LNG Project, announcing a viability study to test if the project can supply Timor-Leste as efficiently as it could Australia.
Read MoreNick Scali produced a mixed interim report on Monday – one from which some investors and commentators mistakenly construed that the retail slowdown had not impacted it.
Read MoreNewmont, the world’s biggest gold miner, has made two tentative bids for local rival Newcrest in a deal worth more than $24 billion.
Read MoreThe Australian December 31 reporting season picks up the pace this week with around 10 major companies due to report, led by Suncorp, Macquarie Group, News Corp and Transurban.
Read MoreThe strong US jobs data on Friday threatens both the anticipated pause in rate rises from the Fed and the belief that it is still onwards and upwards for the 2023 rally.
Read MoreFriday trading after the jobs report saw a reversion back to late 2022 standards with commodity prices sliding, currencies and bond yields up and overall sentiment shaky.
Read MoreWhile the first RBA meeting of 2023 and an expected rate rise of 0.25% are the main issue for Australian investors, the US job data means all ears will be on what Fed chair Jay Powell has to say on the subject.
Read MoreAfter Thursday’s strong tech rally, markets were ready for the three As – Apple, Amazon and Alphabet – to deliver A-plus 4Q reports. Instead, they got a trifecta of F-minuses and the afterhours reactions told the story.
Read MoreChalice Mining has further underlined its growing two-track approach to developing and delineating its massive Julimar palladium, platinum, gold, copper, nickel and cobalt prospect northeast of Perth.
Read MoreIn stark contrast to US rival GM, we saw two announcements in the past week from Toyota that underline the continuing scepticism the world’s biggest carmaker feels for battery-powered vehicles.
Read MoreThe monthly building approvals data from the ABS have retained their lack of consistency with the 18.5% jump in December more than reversing the 8.8% drop in November.
Read MoreNot-as-bad-as-feared December quarter figures and a record $US40 billion buyback helped Meta shares jump 20% this week, but the underlying metrics remain of huge concern.
Read MoreThe fact that New Energy Vehicle sales by BYD, the industry leader in China, fell less in January some forecasts had predicted is good news for lithium producers here and in South America.
Read More‘Normal’ service from now on for the US Federal Reserve to get investors to understand that it will still take a while yet to wring cost pressures out of the American economy.
Read MoreIndian corporate giant Adani has called off its $US2.4 billion equity fundraising late Wednesday night after shares tumbled in the wake of a short seller report.
Read MoreThe ASX outperformed a lot of bigger markets in January despite endless stories from myriad sources about various threats, and remained strong on the first day of February.
Read MoreRio Tinto has again held onto its position as the world’s number one iron ore miner after its big Brazilian rival Vale produced a surprisingly weak 4th quarter report.
Read MoreGeneral Motors revealed record 2022 results and a robust outlook for 2023, while also revealing the first meaningful investment by a US carmaker in a domestic lithium mine project.
Read MoreWhile the overall market continued its strong start to 2023, the ongoing challenges were on full display in Wednesday’s updates from The Retail Shop, Credit Corp and Nufarm.
Read MoreTuesday’s ASX session saw news from infant formula manufacturer Bubs Australia that led to a big selloff, as well as word of an acquisition by travel group Flight Centre.
Read MoreAfter some contradictory updates from various retailers, December data from the ABS has confirmed it was a poor month for the sector overall with sales down 3.9%.
Read MoreThe China re-opening story got a significant boost yesterday with sharp rises in the pace of activity in the wake of the relaxation of Covid restrictions over the new year.
Read MoreNickel and especially lithium proved to be a highly profitable mix for IGO in the six months to December, enabling the company to pay a record interim dividend of 14 cents per share.
Read MoreIn its last months of independence, OZ Minerals saw a sharp improvement in performance of its gold and copper businesses but also a worrying surge in cost pressures.
Read MoreShares in rare earths group Lynas jumped to their highest level in more than 6 months on Monday after the company revealed a solid performance for the December period.
Read MoreJust when the Australian insurance sector was looking at having escaped any major catastrophe over the holiday break, along comes Friday’s flooding event in Auckland.
Read MoreThe Bowdens silver project near Mudgee is getting a more golden tinge to it with Silver Mines of Australia surprising on Monday with news of a large new area of interest.
Read MoreTo round up the usual suspects so far as investment markets and all things economic are concerned this week would be a mistake – there’s more going on than meets the eye.
Read MoreOil prices return to the frontline of commodity markets this week with the OPEC+ group meeting Wednesday to decide on the level of production quotas for the start of 2023.
Read MoreJanuary has seen a booming start to the year by share markets, despite a move by big investors out of Wall Street into Eurozone and Emerging Markets, as well as Asia.
Read MoreA delicate week ahead, with reports from Alphabet, Amazon and Apple – all of which could further fuel or entirely extinguish the market’s gathering rebound.
Read MoreExpectations are high that the China reopening is somehow going to re-ignite demand for iron ore this year, but what are the realities for the supply / demand outlook?
Read MoreThe first estimate for US 4th quarter economic growth raises a worrisome question: American consumers are keeping the economy growing, can they keep it up?
Read MoreNewcrest is looking at a sharp rise in interim earnings after another solid quarterly report as the company benefited from the contribution from the rich Brucejack mine in Canada.
Read MoreThe essential conflict at the heart of the booming electric vehicle / battery materials business was on full display in statements this week from the two leading players: Tesla and Albemarle.
Read MoreWhile the jump in the December quarter CPI naturally grabbed all the headlines, it’s the monthly inflation indicator that will keep the RBA tweaking its cash rate higher.
Read MoreTech giant WiseTech Global has started 2023 with a bang by making its largest acquisition to date, buying US software company Envase Technologies for $US230 million.
Read MoreBest & Less told the ASX this week that weaker than expected consumer demand and margin pressure has lead to a decline in profit for the six months to December.
Read MoreTesla did better than expected in the three months to December, with both revenue and sales up, helping the company’s shares rise 2.2% in afterhours trading Wednesday.
Read MoreNews out on Tuesday from a couple of up-and-coming local miners, with Evolution Mining and Sandfire Resources each providing comprehensive updates to the market.
Read More