US regulations cast uncertainty over Australia’s lithium sector
Recent regulations issued by the US Department of Energy are set to have significant implications for Australia's lithium sector.
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ASX up 1.28% at noon following speculation that global central banks have concluded raising rates
At noon, the S&P/ASX 200 is 1.28 per cent higher at 7,163.40, following the upward movement seen on Wall Street.
Read MoreS&P500 continues its November rally
The S&P 500 soared to a closing high for 2023 on Friday, extending November’s rally into the new month.
Read MoreASX down 0.61% at noon as IT dips 1.64%
Tech stocks have fallen by 1.5%, while energy stocks remained flat despite a drop in oil prices following OPEC+ output cuts. The market also awaited key manufacturing PMI data from China, the UK, and the US later in the day.
Read MoreDow Jones surges on Salesforce earnings and lower inflation
The Dow Jones Industrial Average rallied Thursday to a new high for the year, as more cooling inflation data and strong Salesforce earnings capped the benchmark’s best month since October 2022.
Read MoreASX closes 0.74% higher as bond yields decline
On Thursday, the Australian stock market made significant progress, driven by strong increases in cyclical stocks. This surge was fueled by a continued decline in bond yields, which raised expectations of imminent interest rate cuts, a possibility that was not previously anticipated.
Read MoreASX down 0.04% as REITS tumble 1.5%
Bond yields in the US continue to drop, leading to increased speculation that interest rate cuts may happen sooner than anticipated.
Read MoreAustralian Pacific Coal announces funding package
Australian Pacific Coal (ASX:AQC) and its joint venture partner Tetra Resources have successfully secured a significant funding package to revive the Dartbrook Mine.
Read MoreRFC Ambrian: Lithium Projects Review
This report evaluates recent lithium M&A activities and provides a closer examination of lithium development projects. The primary focus is on new projects that RFC Ambrian believes have the potential to become targets for future industry consolidation, either through outright takeovers or third-party entities taking substantial interests in these projects.
Read MoreFindi reports strong operating results
Findi (ASX:FND) has announced robust financial results for the first half of 2024 (1H24), showcasing impressive revenue and earnings growth. Findi Limited Chairman, Nicholas Smedley, expressed optimism about the company's performance, highlighting significant progress in their strategic endeavors, particularly in India.
Read MoreUS stocks on track for biggest monthly gain in 2023
The S&P 500 and the Dow Jones Industrial Average ended Wednesday near the flat line, but the major averages remain on track for their biggest monthly gain in 2023.
Read MoreGains in interest rate-sensitive stocks cause ASX to close 0.29% higher
Australian shares rose on Wednesday, primarily driven by gains in interest rate-sensitive stocks, responding to signs of progress in the Reserve Bank's efforts to combat inflation.
Read MoreFinding value in small caps
Investors are finding compelling opportunities in an unexpected corner: small-cap value shares.
Read MoreASX up 0.48% at noon as CPI grows by 4.9%
Australia's Consumer Price Index (CPI) grew by 4.9 percent in annual terms in October, falling short of analysts' consensus of 5.2 percent.
Read MoreClean energy stocks plummet
Clean energy stocks are mired in their most severe downturn in years, triggering a multi-billion-dollar erosion of the sector's value and casting a shadow over America's environmental objectives.
Read MoreUS stocks rise after optimistic comments from the Fed
Stocks rose Tuesday, resuming their November rally, as comments from a Federal Reserve official raised hope that the central bank may not need to raise interest rates further.
Read MoreASX closes 0.39% higher due to gains in REITs and gold
Shares rebounded on Tuesday due to gains in real estate and gold, while the Australian dollar reached a four-month high amid expectations of prolonged high borrowing costs compared to other developed nations.
Read MoreEquinox Resources stakes new rare earths project
Equinox Resources (ASX:EQN), a leading diversified global resources company, has announced its latest strategic move in Brazil's rare earths sector.
Read MoreASX up 0.72% at noon: Retail sales in October declines by 0.2%
Retail sales in October declined by 0.2% compared to September, falling short of the expected 0.1% increase, indicating that rising borrowing costs and elevated inflation are impacting consumers' spending.
Read MoreLithium rush: Mining titans clash in Australia’s ‘power corridor’
The vast desert expanse of Western Australia, once renowned for its gold, nickel, and iron ore deposits, has now become the epicenter of a fierce competition among miners vying for control of lithium, a crucial raw material in the global shift towards greener energy.
Read MoreDow falls as Cyber Monday stocks rise
The Dow Jones Industrial Average fell on Monday, as traders took a breather after the major averages posted a four-week winning streak.
Read MoreGold prices reach six-month high amidst Fed rate hike speculations
The price of gold surged to a six-month high on Monday, driven by growing investor confidence that the US Federal Reserve has concluded its series of interest rate hikes and a weakening US dollar.
Read MoreASX closes 0.76% lower as commodity stocks experience sell-off
The Australian sharemarket experienced a decline on Monday due to a sell-off in commodity stocks, primarily driven by a drop in the value of iron ore.
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ASX down 0.15% at midday as Materials falls
The Australian sharemarket experienced a noon decline with the S&P/ASX 200 index slipping 0.15% due to losses in commodity stocks, particularly in the materials sector, driven by lower iron ore prices, leading to drops in BHP, Fortescue Metals, and Rio Tinto.
Read MoreThe major US averages notch four-week win streak
The Dow Jones Industrial Average rose on Friday, as the major averages notched a four-week winning streak.
Read MoreASX up 0.4% at noon as Energy bounces back
The gains come from Energy and Utilities. Energy shares saw a rebound, bouncing back from the previous day's decline.
Read MoreEuropean stocks closed higher with US markets closed
European stocks closed slightly higher on Thursday as investors continue to seek direction with US markets closed.
Read MoreASX closes 0.62% lower: Australia’s manufacturing activity continues to slow
In November, Australian manufacturing activity continued to decline, with the flash composite output index dropping to 46.4, marking its lowest level in eight years, excluding pandemic lockdowns. However, experts believe that this indicates a soft landing for the economy rather than a hard one, aligning with the Reserve Bank of Australia's expectations.
Read MoreChariot’s off to the races
Chariot Corporation (ASX:CC9) witnessed a remarkable 35% increase in its share price yesterday, closing at 70 cents with $700,000 in stock trading volume,. And the positive results have been continuing today, currently trading above 6% higher at 74.5c (2:00pm AEDT). While no new developments were reported today, the recent announcement of the arrival of a drill rig at CC9's flagship Black Mountain Project in Wyoming, USA, has been driving investor interest over the past two weeks.
Read MoreAfternoon update: ASX down 0.62% after OPEC+ postpones meeting
Today's theme is all about the fall in energy stocks due to the falling price of crude oil. The falling prices are a result of disagreements within OPEC+ causing a delay in their meeting, diminishing prospects of production cuts by the Saudi-led alliance. Concurrently, US data showed an uptick in oil stockpiles.
Read MoreLinius Technologies breaks into US college sports with Peach Belt Conference deal
Linius Technologies (ASX:LNU), a pioneer in cloud-based video solutions, is set to make a significant impact on the US college sports market with its latest venture. Linius has announced a groundbreaking agreement to provide its sports solution, Whizzard, to the Peach Belt Conference (PBC), marking its entry into the lucrative US collegiate sports market.
Read MoreUranium price surge: Factors and investment opportunities
Uranium prices have experienced a significant uptick, crossing the $80 per pound threshold, a level not observed in over 15 years. This surge in uranium prices can be attributed to a combination of factors, including a renewed interest in nuclear power and various supply disruptions in the global uranium market.
Read MoreChimeric Therapeutics shows promise in ovarian and pancreatic cancers
Chimeric Therapeutics (ASX:CHM), an Australian company specialising in cell therapy, has reported significant in vitro findings for its chlorotoxin (CLTX) chimeric antigen receptor (CAR) NK cell therapy, CHM 1301. These preclinical results highlight the therapy's notable efficacy against ovarian and pancreatic cancers, suggesting potential advancements in cancer treatment.
Read MoreASX down 0.52% as Energy stocks fall
Aus. energy stocks are trading in the red due to the postponement of an OPEC meeting to later next week, dampening hopes of the cartel tightening its supplies.
Read MoreGold’s prospects brighten despite soft landing expectations: Three key factors to watch
Inflation data from the United States has reinforced the belief in a Goldilocks-style soft landing for the economy in the coming year.
Read MoreStocks rise as yields hit lowest level in two months
Stocks rose Wednesday after yields briefly fell to their lowest level in two months, and the November market rally broadened into the Thanksgiving holiday.
Read MoreCiti analysts bullish on iron ore prices, anticipating China’s fiscal stimulus
In a recent development, Citi analysts have upgraded their short-term iron ore price forecast to a staggering US$140 per tonne, citing China's anticipated fiscal stimulus measures.
Read MoreMoneyspot Investment Fund, access to high returns through their consumer credit loan business: A Financial Overview
Moneyspot, a lending entity specialising in short-term financial solutions, offers fast online personal cash loans to address immediate financial requirements.
Read MoreASX closes 0.07% lower ahead of Thanksgiving
Australia's stock markets remained stable ahead of the Thanksgiving Day holidays in the United States.
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