Hot Ore Market Comes Steel-Reinforced
The boom in iron ore prices continues and South Korean steelmaker Posco on Monday provided a good explanation as to why – business is going very well indeed.
Read MoreThe boom in iron ore prices continues and South Korean steelmaker Posco on Monday provided a good explanation as to why – business is going very well indeed.
Read MoreWestpac’s interim profit next week will take a $582 million hit from provisions, write-downs and a range of other “notable items”, the bank told the ASX in a Monday announcement.
Read MoreCovid has brought a second chance to listed real estate agent McGrath Ltd, with the company telling the ASX it is on track for a significant boost to full year earnings.
Read MoreNIB Holdings has reinstated profit guidance for the first time since pandemic lockdowns began as the health insurance sector continues to escape the big slide of 2020.
Read MoreSigma Healthcare shares took the loss of CEO Mark Hooper surprisingly well yesterday, given the surprise nature of the announcement and the lack of any real explanation.
Read MoreEvery large company was once a small company. The hard part is to identify those small companies that will grow to be large ones. Cameron McCormack from VanEck Investments has some insights how to do so.
Read MoreThe ASX 200 has slipped 0.2% or 15 points on what was a quiet start to the last week of April. Materials were the best performing sector with Fortescue Metals (FMG) a standout. Consumer stocks underperformed as the majority of sectors closed lower.
Read MoreThe Aussie market is struggling for direction early on Monday as the ASX 200 trades mostly flat. Gains for resources & financials are being offset by declines for the majority of the market. Nib Holdings (NHF) shares have jumped on earnings guidance.
Read MoreLast week it was AGL revealing the shock departure of its CEO. Today, Sigma Healthcare made the surprise announcement that CEO Mark Hooper will go after more than 10 years in the role.
Read MoreASX200 down 9 points (0.1%) to 7051. Crown (+0.1%); another potential suitor has joined the race with Apoolo Global Management now showing interest.
Read MoreThe Dow Jones index closed up by 228 points or 0.7%. The S&P 500 index gained 1.1% and the Nasdaq index added 198 points or 1.4%. For the week, the Dow Jones index fell 0.5%, the S&P 500 index lost 0.1% and the Nasdaq index dipped 0.3%.
Read MorePresenter – Sachin Goklaney – Chief Commercial Officer – PayGroup aims to provide multi-national and workforce management companies a single view of their workforce and meet their regulatory requirements across the Asia Pacific Region.
Read MorePresenter – Eric Streitberg – Executive Chairman – Buru Energy Limited is an oil and gas exploration and production company solely focused on exploring and developing the petroleum resources of the Canning Basin, in the southwest of the Kimberley region of in north-western Western Australia.
Read MorePresenter – Tim Hart – Chief Executive Officer and Managing Director – Fremont Petroleum Corporation is an Oil & Gas Production and Development company. The company aims to build shareholder value by creating a profitable, efficient, environmentally sensitive, international energy company through real economic resource development.
Read MoreOz Minerals is moving to boost growth projects at some of its mines as it seeks to take advantage of strong prices for key commodities.
Read MoreThe worsening Covid problem in and around Perth will see investors move onto a cautious footing when trading resumes on the ASX later this morning.
Read MoreAustralian inflation dominates local events this week with a big quarterly rise from the December quarter but a modest annual increase forecast.
Read MoreCopper starred in commodity markets last week as a weaker US dollar added to continuing demand and improving market fundamentals.
Read MoreThe health of the US economy takes centre stage this week with March quarter growth figures released, a meeting of the Fed, and then consumer spending and inflation data out on Friday.
Read MoreUS March quarter earnings data hits peak week with dozens of S&P 500 companies to report led by a handful of giants that will determine the overall quality of the season.
Read MoreThere’s less than a month to go to the Federal Budget but what’s the betting that the parties involved have thought really hard about what might be needed in future years to drive growth?
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 all is in one handy location. You’re welcome.
Read MoreEnergy major Royal Dutch Shell continues to flesh out its transformation process first revealed in February by setting out plans to cut its oil and gas production by around 5% a year.
Read MoreFor all the talk about how BHP, Rio Tinto and Fortescue are doing well in the current iron ore price boom, the clear winner is the recovering Brazilian giant Vale.
Read MoreIn his weekly Insights column, AMP Capital’s Dr Shane Oliver goes deep into the resurgent Australian property market and why he believes the good times may soon be at an end.
Read MoreThe Australian sharemarket edged higher on Friday, however fell short of extending its winning streak to a fifth consecutive week. Retail stocks were among the hardest hit.
Read MoreThe outlook for Coronado Global Resources has been stymied by a weak March quarter featuring poor price realisation and higher costs.
Read MoreShares in e-commerce firm Kogan.com were crunched on Friday as it joined the growing number of companies reporting weak or weakening sales and earnings figures for the March quarter.
Read MoreThe Australian sharemarket is down slightly at lunch, keeping the market on track to end a four-week winning streak as most sectors pullback from a choppy start.
Read MoreAMP shares bounced in early trading on Friday after investors took heart that the mooted deal with US investor group, Ares had finally fallen over.
Read MoreCredit Suisse has been forced to raise more than $US2 billion in new capital to strengthen its balance sheet after warning of more losses from the Archegos and Greensill debacles.
Read MoreThere was mixed economic data and renewed concern the pandemic was worsening. Investor sentiment was also dampened after Reuters reported that US President Joe Biden will propose raising the marginal income tax rate to 39.6% from 37%.
Read MoreShares in global logistic giant Brambles traded higher yesterday after a strong third quarter update saw it on track to meet full-year guidance.
Read MoreA single proposed accounting rule change by the US Securities and Exchange Commission will make sure that SPACs are no longer so easily derived.
Read MoreIn past hot markets, rising interest rates reduced affordability, which slowed or even reversed home price trends. Could this time be different?
Read MoreThe rise in oil and LNG prices helped Woodside and Santos improve revenues for the March quarter and the outlook for both remains buoyant under the current conditions.
Read MoreShares in online retail and art marketplace Redbubble slumped more than 22% after the company reported a number of “key misses” in a third-quarter trading update.
Read MoreA major policy proposal from APRA will see insurers and superannuation funds elevate the impact of climate change to rank alongside credit risk, underwriting risk and liquidity risk.
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