Clean energy stocks plummet
![](https://www.sharecafe.com.au/wp-content/uploads/2023/11/fnn-447598.jpg)
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 MoreClean 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 MoreCharlie Munger, Berkshire Hathaway's deputy chair and longtime Warren Buffett confidant, has passed away at the age of 99.
Read MoreThe global copper market faces uncertainty as doubts arise about the reliability of output from two major Latin American mines in Panama and Peru.
Read MoreGold continued its upward trend, reaching new six-month highs, and some analysts are now forecasting that the precious metal could soon set a new all-time high if the current momentum persists.
Read MoreIn a surprising turn of events, Australian retail turnover fell by 0.2% in October, contrary to the forecasted 0.2% rise.
Read MoreThe 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 MoreThe 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 MoreDr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses the Australian dollar.
Read MoreChina's property woes continue to inflict damage on the nation's economy, with indications of substantial losses and potential criminal investigations surfacing as the government grapples with years of lax regulation, dubious transactions, and excessive lending throughout the financial sector.
Read MoreA week ago, no one anticipated the sudden uncertainty gripping the oil markets. The steadfast support for production cuts within the OPEC+ group appeared unshakable, with little indication of any discord before the widely expected meeting on Sunday to extend production cuts into the new year.
Read MoreA London court decision on Friday could provide BHP with a significant advantage in limiting potential financial liabilities related to a British court class action concerning the 2015 dam collapse at the Samarco iron ore pellet operation in Brazil.
Read MoreWall Street offered Australian investors little guidance as they resumed trading today, leaving them with nothing but fond wishes and hopes for retailers.
Read MoreGold prices rose in light holiday trade early on Friday as the dollar weakened, while rising treasury yields checked the gains. Comex gold for February delivery closed up $10.30 to settle at $2,022.10 an ounce.
Read MoreA meandering week ahead for markets, featuring some inflation news in the US and Australia, a GDP update for America, building approvals in Australia, China's latest economic activity surveys, and a final rush of meetings and earnings releases both locally and offshore.
Read MoreDespite repeated forecasts of a growing supply deficit, platinum prices have slid more than 14% up to last week from January 1.
Read MoreFor the third time this year, the Chinese government is raising concerns about soaring iron ore prices, attributing them to speculation. On Thursday, the country's primary economic planning body, the National Development and Reform Commission (NDRC), issued stern warnings.
Read MoreUranium 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 MoreTower, the New Zealand-based insurer, will not pay a final dividend due to the substantial costs incurred from storms, floods, and cyclones in early 2023.
Read MoreInflation data from the United States has reinforced the belief in a Goldilocks-style soft landing for the economy in the coming year.
Read MoreIn a surprise announcement late Tuesday, Warren Buffett's company, Berkshire Hathaway, revealed it has received a letter detailing what appears to be his successor and the trustees of his huge fortune, valued at more than $118 billion (more than $180 billion AUD).
Read MoreGlobal oil prices steadied in early Asian trading on Thursday after slumping earlier in the session due to the surprise news that an OPEC+ meeting had been postponed by four days to the following week.
Read MoreIn 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 MoreAhead of the start of the real "Black Friday" sales season in the US, the third-quarter reports from some of America's major retailers have been less than stellar, indicating the need for a significant end-of-year push.
Read MoreMoneyspot, a lending entity specialising in short-term financial solutions, offers fast online personal cash loans to address immediate financial requirements.
Read MoreFund Manager Chris Pedersen looks at CSL (ASX:CSL), Nufarm (ASX:NUF), IPH (ASX:IPH) and charts on China risks.
Read MoreIn a recent development, Chinese-backed mining company MMG has successfully acquired the Canadian firm Cuprous Capital, the owner of Botswana's Khoemacau copper mine.
Read MoreThe Fed's latest policy meeting minutes were predictably a touch hawkish—indicating rates would stay higher for longer. One commentary described it as 'a slight tightening bias.' However, gold bounced back over $2,000 an ounce on Comex, gaining 1% on the day.
Read MoreOil prices retained the bulk of a two-day surge, with global benchmark Brent briefly surpassing $82 a barrel, driven by heightened speculation that OPEC+ may consider further supply cuts at its upcoming meeting this weekend.
Read MoreInflation poses a significant challenge for the Reserve Bank and Governor Michele Bullock, according to the minutes of the bank's recent policy meeting, where interest rates were raised.
Read MoreChina's central bank kept its key one-year and five-year loan prime rates unchanged for November on Monday.
Read MoreThe Australian Securities and Investments Commission and the Reserve Bank of Australia (RBA) have welcomed the recent announcement by the Australian Securities Exchange regarding its solution design to replace the Clearing House Electronic Subregister System.
Read MoreArgentina has elected a hard-right populist as president, a move that is likely to set off ripples across global financial markets, especially currencies, with his plans to 'dollarize' his country's economy.
Read MoreOptus is searching for a new CEO following the resignation of Kelly Bayer Rosmarin on Monday morning, after what had been a tumultuous 18 months for the country's second-largest mobile telecoms group.
Read MoreDr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses nine keys to investing.
Read MoreDr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses developments in investment markets over the past week, economic activity trackers, major global economic events and Australian economic events.
Read MoreFuse Minerals, a regional copper exploration company, has cleared a significant hurdle on its path to going public. The corporate regulator has given the green light to Fuse Minerals' IPO, marking a pivotal moment in the company's journey as it prepares for an ASX listing just ahead of the holiday season.
Read MoreIn September, China continued its six-month streak of cutting its holdings of US Treasury debt, according to data from the US Treasury. As America's second-largest foreign creditor, following Japan, China reduced its holdings of US Treasury securities to $778.1 billion, marking a $27.3 billion decrease from the previous month. This September figure represents the lowest level of China's holdings since June 2009 when it held $776.4 billion in US Treasury securities.
Read MoreThis week, we delve into the minutes from meetings held by two central banks earlier this month. Additionally, we keep a close eye on the crucial shareholder meeting for Origin Energy in Australia, where a massive bid from Canada's Brookfield and the US-based EIG hangs in the balance. AustralianSuper's opposition to the $20 billion offer adds an element of suspense to this event, set to take place on Thursday.
Read MoreMetal and iron ore prices performed well last week, even in the face of another round of weak economic data from China.
Read MoreThe Standard & Poor's 500 index rose 2.2% last week, extending its winning streak to a third week as investors were encouraged by better-than-expected October inflation data and stronger-than-expected quarterly results from some retailers.
Read More