Tough times ahead for Mirvac
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The year 2023-24 is turning out to be quite challenging for property developer and investor Mirvac, as the company faced a loss for the period ending on June 30.
Read MoreFeature Articles that included our Weekly Wrap.
The year 2023-24 is turning out to be quite challenging for property developer and investor Mirvac, as the company faced a loss for the period ending on June 30.
Read MoreAustralia is considering the introduction of a "green tariff" targeting imports of steel and cement from nations such as China, India, and Vietnam.
Read MoreAccording to the firm's 13F (fund manager) filing with the US Securities and Exchange Commission after trading ended on Monday, Buffett bought around $4.6 billion worth of shares in the quarter, led by the homebuilders (which some analysts said was somewhat surprising).
Read MoreThe Jaguar deposit, discovered in 2002, became an underground operation in 2007 under Jabiru Metals' management. Following various ownership changes, it ended up under Aeris Resources (ASX:AIS) in July of the previous year.
Read MoreDe Grey Mining (ASX:DEG) announced that new drill results from the Diucon and Eagle deposits at its major Hemi prospect in WA’s Pilbara have increased the likelihood of a larger-than-expected open-pit mining operation.
Read MoreWestgold (ASX:WGX) has finally given the green light to resume mining operations at the iconic Great Fingall mine near Cue in the Western Australian goldfields.
Read MoreRed 5 (ASX:RED) has reported a fourth consecutive month of increasing production from its King of The Hills mine, located in the Leonora region of WA’s Eastern Goldfields.
Read MoreShareholders of Baby Bunting (ASX:BBN) are set to receive a reduced final dividend for the 2022-23 financial year, as the company unveiled a nearly 50% decline in net profit due to vanishing sales growth and pressure on profit margins.
Read MoreTapestry, the US-based parent company of lifestyle brands Coach and Kate Spade, is set to acquire the parent company of Versace and Michael Kors, Capri, in a momentous US$8.5 billion takeover, giving rise to a new global fashion behemoth poised to challenge European fashion giants.
Read MoreEuropean natural gas prices surged by nearly 40% on Wednesday, driven by concerns over potential disruptions in global liquefied natural gas (LNG) supply from Australia.
Read MoreAGL Energy (ASX:AGL), a prominent player in the energy sector, faced a significant financial setback in the fiscal year ending on June 30, largely attributed to the anticipated write-downs on its coal power generating assets.
Read MoreAmid a surge in catastrophe costs during the first half of 2023, insurance titan QBE (ASX:QBE) demonstrated resilience, driven by robust investment returns and a substantial rise in premium income.
Read MoreThe world's second biggest economy slid deeper into deflation last month, with no immediate sign of how it can escape this price vice without a massive spending campaign.
Read MoreIn a troubling sign of the times, the Australian retail landscape is grappling with an ongoing decline as retail sales continue to tumble, signaling the harsh impact of the prevailing cost-of-living crisis on consumer spending patterns.
Read MoreChina's trade performance in July fell short of forecasts, with exports experiencing a steep decline of more than 14%, and imports falling by a significant 12%.
Read MoreNAB's latest business survey not only confirmed continuing resilience but also highlighted an uptick in "inflation-related measures."
Read MoreIn a recent ANZ-Roy Morgan survey, consumer confidence took a hit, declining by 3.4 percentage points to 75 last week.
Read MoreBerkshire Hathaway has experienced a significant surge to a record high in the wake of its Saturday earnings report, which showcased an operating profit for the second quarter surpassing Wall Street's expectations.
Read MoreThe companies that present opportunities and pitfalls in the current real estate sector within Australia.
Read MoreAnother solid quarter for the world's biggest lithium player, Albemarle, but the three months to 30th June did confirm that the company had, like its rivals, been whacked by the slowdown in prices.
Read MoreLiontown Resources (ASX:LTR) has taken a step to boost early revenue from its Kathleen Valley project in WA by reaching an agreement to deliver a direct shipping ore (DSO) product to potential customers.
Read MoreGlobal markets sold off Wednesday in the first full session of trading in the wake of the historic downgrade of America’s AAA rating by Fitch.
Read MoreThe report, titled "Critical Materials Assessment 2023," is an updated analysis of previous Critical Materials Strategy reports published by the DOE in 2010, 2011, and 2019. It identifies the materials critical to the continued deployment of clean energy technologies and evaluates potential supply risks associated with them.
Read MoreGlobal gold demand, excluding over-the-counter (OTC) trading, experienced a slight decline of 2% in the first half of 2023, ending on 30th June.
Read MoreBreaking news from the Reserve Bank as they decide to keep the cash rate unchanged at 4.1% for the second consecutive month. The recent dip in inflation during the June quarter influenced the central bank's decision to hold off on any rate hikes.
Read MoreThe Dow Jones Industrial Average finally ran out of steam on Thursday as investors took their profits, ending 13 straight days of gains.
Read MoreLiontown Resources' (ASX:LTR) Kathleen Valley Lithium Project is well on track for its first production by mid-2024, as the company achieved significant milestones during the June quarter.
Read MoreJPMorgan Chase is positioning itself in anticipation of an impending US recession, foreseeing a surge in gold prices to surpass $2000 an ounce by the end of this year.
Read MoreTerraCom Limited (ASX:TER), a leading global coal mining company, has released its quarterly activities report for the three months ended 30 June 2023, showcasing robust production and financial performance despite facing market headwinds.
Read MoreTamboran Resources (ASX:TBN), a leading gas exploration company based in Australia, has released its fourth-quarter activities report for the period ending on June 30, 2023.
Read MoreWhilst the prevalence of Artificial intelligence has boosted the US tech sector, Australian tech stock valuations have largely been dampened amid rising interest rates, macroeconomic uncertainties and geopolitical tensions.
Read MoreAustralian consumer inflation showed signs of slowing in the three months to June, with an annual rate of 6.0%, down from 7.0% in the previous March quarter. Despite this decrease, concerns remain at the Reserve Bank about the persistent rise in costs across the economy.
Read MoreWhen it comes to cancer diagnostics, the ‘tried and trusted’ methods are often not the best ones, but merely the techniques clinicians are familiar with. For the ASX-listed INOVIQ (ASX:IIQ), the field is ripe for disruption and the company is wasting no time progressing its precision diagnostics based on two separate platform technologies – SubB2M and EXO-NET.
Read MoreTalon Energy Ltd. (ASX:TPD) recently announced a significant milestone in its Gurvantes XXXV Coal Seam Gas (CSG) Project in the South Gobi Basin of Mongolia.
Read MoreAustralia's Minister for Climate Change and Energy, Chris Bowen, has reaffirmed that nuclear energy will not be part of the country's energy mix, citing the abundance of renewable energy sources as the primary reason for the decision.
Read MoreTrigg Minerals (ASX:TMG), an Australian potash explorer, has released its Quarterly Activities Report for the period ending 30 June 2023, highlighting significant developments in its Lake Throssell Sulphate of Potash Project in Western Australia and corporate restructuring measures.
Read MoreIn the rugged Idaho wilderness, at an elevation of approximately 8,000 feet, an ambitious cobalt mine, decades in the making, reveals the hurdles America's clean-energy ambitions confront in a market dominated by China.
Read More21 Jul 2023 – The recent disclosure by Tesla's CEO, Elon Musk, regarding potential further price cuts triggered a near 10% nosedive in the company's shares to $US262.90.
Read More20 Jul 2023 – Australia's largest landlords have recently downgraded the values of their office block portfolios, but investors are seeking deeper discounts amid a significant gap between public and private valuations.
Read More20 Jul 2023 – Dragonfly Biosciences Limited, a prominent UK-based producer of cannabidiol supplements and lotions, is making strides towards its IPO on the ASX next month.
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