$14.3 billion Allkem and Livent merger approved
The $14.3 billion merger between Allkem (ASX:AKE) and Livent has been successfully concluded.
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BHP’s withdrawal hits Havilah Resources
Australian mining giant BHP (ASX:BHP) has decided to pull out of a deal with Havilah Resources (ASX:HAV), dealing a significant blow to the development of the Kalkaroo copper and gold project in northeastern South Australia.
Read MoreBluGlass (ASX:BLG) discusses defence contract win and GaNWorks acquisition
Explore the latest developments with BluGlass CEO Jim Haden as he delves into the company's significant defense contract win and the strategic acquisition of GaNWorks. Discover how these milestones drive BluGlass' position at the forefront of quantum laser innovation in 2024, unlocking new potentials in defense, quantum computing, and beyond.
Read MoreOrica ends 2023 with a bang: Acquires Canadian company for over half a billion dollars
Explosives manufacturer Orica concluded its 2023 on a high note with the acquisition of a Canadian company for more than half a billion dollars.
Read MoreECB joins Fed in preparing for 2024 rate cut amid falling inflation
The European Central Bank (ECB) has joined the US Federal Reserve in preparing for a rate cut in 2024, as euro area inflation slumped to just 2.4% in November, barely above the 2% target. This result was significantly better than the market's forecast of a fall to 2.7%.
Read MoreASX up 0.63% at noon as it nears historic peak
The Australian stock market is steadily approaching a historic peak, mirroring the surge on Wall Street, as investors increasingly prepare for the possibility of the US Federal Reserve commencing interest rate reductions in the upcoming year.
Read MoreStocks of the Hour: First Lithium, Entyr, Bastion Minerals
A snapshot of the stocks on the move, featuring First Lithium (ASX:FL1), Entyr (ASX:ETR) and Bastion Minerals (ASX:BMO).
Read MoreYear-end comeback lifts S&P 500 to brink of record highs on Tuesday
The S&P 500 rose Tuesday, approaching its record high, as the Federal Reserve’s recent dovish shift on rates lifted stocks.
Read MoreCanada confirms all new vehicles sold in 2035 must be electric
Canada has confirmed media reports that it will move ahead with new rules that will compel all new vehicles sold in 2035 to be electric-powered.
Read MoreAdvancements towards Lithium Universe’s lithium carbonate refinery
Lithium Universe (ASX:LU7) has reported advancements in the engineering study being conducted by Hatch for the company's lithium carbonate refinery.
Read MoreLake Resources – Kachi Project DFS
Lake Resources (ASX:LKE; OTC:LLKKF) has announced the results of its definitive feasibility study for Phase One of the Kachi lithium brine project in Argentina.
Read MoreASX closes 0.8% higher as M&A in resources picks up
Australian shares posted solid gains driven by increased merger and acquisition activity in the resources sector and a surge in oil prices due to concerns about supply disruptions in the Red Sea.
Read MoreSQM and Hancock Prospecting team up for Azure bid
SQM and Gina Rinehart’s Hancock Prospecting have collaborated to launch a joint, higher bid for Azure Minerals, surpassing SQM's previous solo effort a couple of months ago.
Read MoreBig battery deals
In the past couple of days, several significant battery deals have been unveiled in New South Wales.
Read MoreRural Funds Group (ASX:RFF) FY23 update
James Powell, General Manager – Investor Relations, Corporate Affairs and Sustainability for Rural Funds Management presents on the FY23 results of the Rural Funds Group (ASX:RFF).
Read MoreStocks of the Hour: Lake Resources, Lithium Universe, Culpeo Minerals, Sunstone Metals
A snapshot of the stocks on the move, featuring Lake Resources (ASX:LKE), Lithium Universe (ASX:LU7), Culpeo Minerals (ASX:CPO) and Sunstone Metals (ASX:STM).
Read MoreASX up 0.45% at noon as oil prices surge by 2%
Oil prices surged 2% due to increased attacks by Iranian-backed Houthi militants on vessels in the Red Sea, causing concerns about potential supply disruptions.
Read MoreStocks continue winning streak as S&P500 nears record high
The S&P 500 rose Monday as the market maintained the momentum seen during its seven-week winning streak.
Read MoreNio gets $2 billion investment from Abu Dhabi government fund
Chinese electric vehicle (EV) manufacturer, Nio, has secured a second investment this year worth billions of dollars from the government wealth fund of Abu Dhabi, resulting in the Gulf state gaining control of approximately 20.1% of the company.
Read MoreFederal government’s quarterly report highlights challenges in the lithium market
Further confirmation that the lithium boom has been well and truly pricked with the Federal Government’s December Resource Quarterly revealing another downgrading in the outlook for the key renewable metal for the next two years.
Read MoreNippon Steel to acquire US Steel for $14.9 billion cash in cross-pacific deal
US Steel, America's iconic steelmaker, is set to be acquired by the Japanese giant, Nippon Steel, for $14.9 billion in cash (more than $A22 billion) in a deal that will be welcomed on both sides of the Pacific.
Read MoreAdbri faces $2.1 billion takeover bid amid Kwinana project woes
The huge cost overruns on its Kwinana project in WA have exposed Adelaide-based cement giant Adbri (ASX:ABC) to a mop-up offer from the controlling Barro family and CRH of Ireland.
Read MoreAustralian export earnings face continued slowdown
The forecast for a slowdown in Australia's export earnings from resources and energy looks set to continue over the next year to 18 months, but perhaps not at a pace as deep as seen a few months ago.
Read MoreChina’s property sector continues to slide amidst government efforts
Buried in last week’s data drop from China’s National Bureau of Statistics was the usual monthly update from the black hole of the country’s economy: property.
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WA mining project faces 25% cost surge
Cost pressures persist in Western Australia's mining and construction sector, as one of Australia's government-funded renewable minerals processing projects experiences a 25% increase in expenses.
Read MoreAfternoon update: ASX 200 drops 0.32% amid Real Estate sector losses
By mid-afternoon, the ASX 200 was down 0.32 per cent. This decline was primarily driven by losses in the real estate sector, particularly Charter Hall (ASX:CHC) and Dexus (ASX:DXS), which lost 1.6 per cent and 1.7 per cent, respectively.
Read MoreKiss and make-up: Azure Minerals and major investors near resolution
Azure Minerals and its four significant investors, who have spent the majority of the past month in a wary standoff, are finally making amends this week.
Read MoreSanta Rally, Central banks pivot, RBA to follow with June rate cuts, Mixed Chinese data, Migration
Dr 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 MoreStocks of the Hour: Tamboran Resources, Adbri, Cauldron Energy
A snapshot of the stocks on the move, featuring Tamboran Resources (ASX:TBN), Adbri (ASX:ABC) and Cauldron Energy (ASX:CXU).
Read MoreCostco online shoppers snatch up over $100 million in gold
Online American shoppers are finding what they think are bargains at Costco, America's big-box retail discount club: gold. The retail warehousing giant says customers snapped up more than $100 million of the precious metal in the quarter ending November 26.
Read MoreASX down 0.03% at noon as oil prices experience first weekly gain since October
Oil prices increased after experiencing their first weekly gain since late October due to major shipping lines suspending transit through the Red Sea, which highlighted the potential risk to the crucial artery for global crude trade.
Read MoreChina’s gold reserves soar as global uncertainty drives prices over $2,000
China isn't frightened by high or weak gold prices, as its buying this year has once again confirmed.
Read More5th time lucky: MUFG’s bid to acquire troubled link administration holdings
Japanese financial services company Mitsubishi UFJ Financial Group (MUFG) is making its fifth attempt to take over the troubled Link Administration Holdings, this time through its subsidiary, The Trust Bank.
Read MoreRecord-breaking Friday: Dow Jones and Nasdaq-100 soar to new heights
The Dow Jones Industrial Average closed higher Friday after a whipsaw session, where it marked a fresh intraday record, and the tech-heavy Nasdaq-100 set a record close.
Read MoreOil prices dip on Friday, up slightly for the week
Oil prices settled lower on Friday but rose slightly for the week due to a weaker dollar and an improved 2024 demand outlook after weeks of losses.
Read MoreInvestors brace for Fed rate cut impact as Santa’s arrival nears
As the world eagerly anticipates Santa Claus' arrival in just one week, investors are already feeling the effects of a significant financial event: the recent rate cut decision by the Federal Reserve. This move is set to dominate headlines not only this week but also as we transition into early 2024, amid the post-holiday hangovers and renewed commitment to New Year diets.
Read MoreASX200 uncertainty: US Fed officials’ statements cast doubt
Last week's sharp rise in the ASX200 looks set to be short-circuited today after the share price futures market dropped 74 points on Friday night.
Read MoreWinston’s Weekly: US Federal Reserve’s policy impact on Australian property sector
Winston Sammut, the Director Property of Euree Asset Management, gives his weekly take on the REITs sector.
Read MoreASX up 0.84% at noon: Dow reaches a new record high overnight
Overnight, the Dow Jones Index reached a new record high, closing at 37,248 points with a 0.4% gain, while the Nasdaq Index increased by 0.2%, and the Russell 2000 small-cap index continued its recent rally, surging by 2.6%.
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