Tech Majors Lead Market Lower
Tech stocks have been the powerhouse of the rebound in Wall Street shares since the depths of the pandemic – on Monday they headed towards correction territory as Nasdaq slumped more than 2%.
Read MoreTech stocks have been the powerhouse of the rebound in Wall Street shares since the depths of the pandemic – on Monday they headed towards correction territory as Nasdaq slumped more than 2%.
Read MoreMonetary policy in Australia and New Zealand will head in radically diametric directions this week as the two countries’ Reserve Banks look set to provide very different decisions and post-meeting statements.
Read MoreThe partial holiday Monday saw the ASX rebound from Friday’s 2% near panic selloff to close 1.3% higher and, for that, investors can thank the old faithful – the big four banks, led by the CBA.
Read MoreWhile the central bank meetings in Australia and New Zealand will be big deals locally, Friday’s US unemployment data will be the dominant event this week and a key input into when the Fed starts tapering.
Read MoreThe Chinese government has blinked and has organised a partial bailout of stricken property giant, China Evergrande with mainland media reporting a looming $US5 billion asset sale.
Read MoreNick Scali has gone deeper into couches and lounges with the purchase of rival retailer Plush, while Boral has offloaded its North American building products and timber division as well its Australian timber business.
Read MoreIn this video, John Hall from T. Rowe Price looks at the three drivers of innovation in the biotech industry that are creating investment opportunities that will help shape the future of medicine.
Read MoreFord and Mercedes Benz have provided further details about their planned spending spree on battery and new car plants in yet another sign of the enormous pent-up demand for key renewable materials.
Read MoreWith housing affordability in Australia worse than ever, AMP’s Dr Shane Oliver looks at the sector and some potential measures that might be taken to remedy a situation that is no longer cyclical, but chronic.
Read MoreWe understand you are busy and may not have been left with enough time to keep up with the quality content we’ve been bringing you throughout the week. So here it is in one handy location. You’re welcome.
Read MoreFounded by a former Tesla chief technology officer, Redwood Materials is leading the way in the recovery and recycling of precious metals used in EV batteries – and it is time Australia followed their lead.
Read MoreIt’s been a rough start to the new month and quarter, with the ASX 200 sliding by 2.3% at midday. All sectors are declining heavily, led by financials.
Read MoreFutures suggest a sizeable deficit for the ASX 200 when trade commences this morning – the expected move lower for local shares at the opening bell comes after US & European markets generally gave up early gains to finish the session in the red.
Read MoreSeptember proved once again to be the most miserable of months for investors, with little way of avoiding significant damage across most markets.
Read MoreIs there a bit more underlying strength in the economy than it seems and is that going to be sustained, or will it end up being a temporary blip and run out of puff in 2022?
Read MoreThe Federal Government doesn’t believe the iron ore price slide will impact export revenues, boosting its 2021-22 earnings forecasts from the mining and energy sector to a record $349 billion.
Read MoreMFS Investment Management explains how its research teams assess key factors to understand 5G implications through a long-term view in support of investment decisions.
Read MoreMarkets are most afraid of a Fed mistake, but T. Rowe Price’s David Eiswert believes we are increasingly leaning toward a “goldilocks” scenario where inflation fades and economic growth stabilises.
Read MoreThe Chinese economy remains almost impossible to get a bead on after the release of the monthly surveys – this time for September – of manufacturing and service sector activity.
Read MoreMaybe it’s true what they’ve been saying all along – Australia really is the “Lucky Country”. If what’s currently happening in our resource sector is anything to go by, it is hard to argue otherwise.
Read MoreThe Australian sharemarket surged by 1.9% on Thursday, bouncing back from two heavy falls with its best advance of the year.
Read MoreThe Australian sharemarket is lifting by 1.3% on the final day of the month and quarter despite an unconvincing move higher for the S&P500 overnight.
Read MoreASX200 up 61 points (0.8%) to 7258. Zip Co (+2.6%); has signed an agreement with Microsoft to integrate Zip technology into the shopping experiences within Microsoft Edge.
Read MoreGeorge Karafotias – CEO – Wellnex Life is focused on developing next generation health and wellness solutions.
Read MoreJoel Riddle – Managing Director and CEO – Tamboran Resources is a next Generation E&P Company with a Vision of Supporting the Net Zero CO2 Energy Transition.
Read MoreCompetition regulator the ACCC has given the greenlight for Wesfarmers’ hardware chain Bunnings to acquire national tile retailer Beaumont Tiles.
Read MoreGold fell to the lowest in six months on Wednesday and sliver slid to a year low as the US dollar continued to rise on expectations of a sooner than expected boost to key interest rates.
Read MoreThe recent rise in long term interest rates moderated overnight, in the process allowing stocks to consolidate after the volatility of recent days. The Dow rose 0.3%. The S&P 500 rose by 0.2%. But the Nasdaq fell 0.2%.
Read MoreTwo of the world’s major gold miners have agreed to merge in a deal that will create a global major heavily weighted to Canada but with a sprinkling of interests elsewhere, including Victoria.
Read MoreWith a $US47.5 million interest payment due yesterday, debt-ladened Chinese property developer Evergrande surprised markets with the news that it would sell a stake in a Chinese bank for $US1.5 billion.
Read MorePortfolio Manager for the DNR Capital Australian Emerging Companies Fund, Sam Twidale discusses the importance of looking past the short term noise in the market and focussing on the long term.
Read MorePaul Ehrlichman and Grace Su from ClearBridge believe the current uncertainty and risks in China should be viewed in the context of the significant long-term investment opportunities in the region.
Read MoreThe iron ore casualty list is mounting as Mount Gibson Iron now looks set to join Venture Minerals and GWR in being forced to shut iron ore mines because of the slide in prices over the past three months.
Read MoreCorporate Connect analyst Lawrence Grech has today released an updated analysis of TerraCom Limited, in which he has upgraded the target price from $A0.24 to $A0.31 and placed an NPV on the company at $A0.37.
Read MoreThe Australian sharemarket is sliding by ~1.6% following heavy falls across American stocks as rising rates, surging energy prices and inflation concerns rattle markets.
Read MoreUS stocks were dealt with sternly by sellers overnight as long term interest rates continued to trend higher. The Dow Jones index fell by 569 points or 1.6% after earlier being down 615 points.
Read MoreA horror night saw Wall Street down 2% and more, European shares down a half of a per cent to more than 2%, the Aussie market off 1.5% with more to come today, oil, gold, copper and iron ore all lower.
Read MoreThe Australian economy is heading for a contraction of 4% in the September quarter, perhaps more, after retail sales, a key barometer of household spending fell for a third consecutive month in August.
Read MoreNow that more than 18 months have passed since COVID-19 started sweeping the world, First Sentier’s Stephen Hayes has a good understanding of how it has affected real estate investments.
Read MorePathology group Australian Clinical Labs has, like its bigger rival Sonic, enjoyed a very good Covid lockdown testing boom, with the recently-listed company already upgrading its prospectus forecasts.
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