US stocks surge to new heights as economic data fuels optimism
US stocks climbed overnight, with the S&P 500 reaching a new record following the release of encouraging U.S. economic data.
Read MoreUS stocks climbed overnight, with the S&P 500 reaching a new record following the release of encouraging U.S. economic data.
Read MoreUp-to-date job vacancy figures from the Australian Bureau of Statistics (ABS) are another economic data point likely to frustrate the Reserve Bank in its considerations of inflation, demand, employment, and interest rates.
Read MoreOil dived to a two-week low on Thursday after the Financial Times reported that Saudi Arabia was ready to abandon its $US100-a-barrel price target and increase production in a bid to reclaim market share.
Read MoreHas China once again saved the global metal industry, the Australian economy, and the fortunes of people like Chris Ellison of Mineral Resources, along with the sagging renewables sector, especially lithium?
Read MoreUS stocks climbed overnight, with the S&P 500 reaching a new record following the release of encouraging U.S. economic data.
Read MoreQX Resources Limited (ASX:QXR) Managing Director Steve Promnitz discusses the company's renegotiation of the option agreement for the Liberty Lithium Brine Project, which now allows for opportunities in two additional lithium projects in Nevada and Utah. He highlights the strategic importance of being positioned in the US lithium market amid growing demand for battery minerals.
Read MoreA snapshot of the stocks on the move, featuring QX Resources (ASX:QXR), Bastion Minerals Ltd (ASX:BMO) and Premier1 Lithium (ASX:PLC).
Read MoreAt 11:45am, the S&P/ASX 200 is 0.56% higher at 8,172 driven by a broad rally across all the sectors, led by consumer discretionary stocks.
Read MoreHaley Devine, the Director of Wealth Management for MaxCap Group, discusses why investors should consider adding an investment in commercial real estate debt to their portfolios.
Read MoreCSL (ASX:CSL) has announced that it has won a multi-million dollar contract from the US Department of Health and Human Services (HHS) to increase America’s stockpile of bird flu vaccines.
Read MorePharmacy wholesaler and retailer Sigma Healthcare (ASX:SIG) says its significant drop in interim earnings is due to ongoing costs associated with the impending merger with retail chain Chemist Warehouse.
Read MoreThe chances of Premier's Solomon Lew and his board getting the much-discussed demerger plan for the company back on track depend on whether the board of department store chain Myer can be convinced to do a deal on a group of retail brands that are, frankly, a little under the weather.
Read MoreThe Dow Jones Industrial Average and S&P 500 both slipped on Wednesday, retreating from their recent record highs.
Read MoreThe Federal government’s approval for the extension of three NSW coal mines will ensure around 1,800 jobs are maintained for decades to come.
Read MoreA long moan from News Corp, or was it REA (ASX:REA), late Wednesday about the iniquities of UK property listings group, Rightmove, telling REA (and News) to go away for the third time.
Read MoreThe Dow Jones Industrial Average and S&P 500 both slipped on Wednesday, retreating from their recent record highs.
Read MoreEmbattled casino group Star Entertainment (ASX:SGR) has secured a crucial debt package, providing the company with a much-needed lifeline.
Read MoreThe number of companies going public in Australia has hit its lowest point since the global financial crisis 15 years ago, with a Mexican fast-food chain standing out as the largest listing in a market once dominated by new mining and energy stocks.
Read MoreChinese markets have reacted positively, albeit briefly, to Beijing’s "unprecedented" measures aimed at stabilizing capital markets and boosting investor sentiment. However, the bigger question remains whether these initiatives will be enough to reignite the faltering real economy.
Read MoreFund Manager Chris Pedersen discusses GQG Partners, Magellan Financial Group and Coles Group.
Read MoreThe S&P 500 set a new record on Tuesday, overcoming a lacklustre consumer confidence report, buoyed by a significant rise in Nvidia shares.
Read MoreDr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses the RBA meeting.
Read MoreChina has given countries like Australia a lot to ponder with its latest monetary policy easing.
Read MoreAdministrators have begun probing why the South Australian dairy group, Beston Global Food Company (ASX:BFC), went bust this week.
Read MoreAn auditor’s tick was worth hundreds of millions of dollars on Tuesday to shareholders in Cettire (ASX:CTT), the controversial online luxury goods operator.
Read MoreThe Reserve Bank left rates on hold for another month and maintained its anti-inflation stance at its latest meeting on Monday and Tuesday.
Read MoreA snapshot of the stocks on the move, featuring Element 25 (ASX:E25), American Rare Earths (ASX:ARR) and Stelar Metals (ASX:SLB).
Read MoreAustralian shares opened modestly higher, tracking a positive finish in New York as investors assessed comments from several US policymakers regarding the interest rate outlook. At 11:45am, the S&P/ASX 200 is 0.14 per cent lower at 8,141.40, driven by gains in the materials and energy sectors.
Read MoreSomehow, News Corp’s 61% subsidiary, REA Group (ASX:REA), doesn’t quite understand that takeover targets are under no obligation to engage with an indicative bidder. They can simply close the door, hang up the phone, or ignore emails if they don’t wish to engage.
Read MoreRob Hattersley, Group Head of Capital at MaxCap Group, provides an overview of the company, discussing the funding gap in the Australian credit market, managing risk, the tailwinds for commercial real estate debt, and opportunities within the residential and logistics property markets.
Read MoreMining giant South32 (ASX:S32) has become another Australian company to receive a renewable industry grant from the US Government.
Read MoreThe S&P 500 reached a new all-time closing high on Monday, extending last week's momentum following the Federal Reserve's recent interest rate cut.
Read MoreChina's central bank has implemented yet another minor market rate cut that will have no significant impact on the economy's sluggish growth.
Read MoreThe S&P 500 reached a new all-time closing high on Monday, extending last week’s momentum following the Federal Reserve’s recent interest rate cut.
Read MoreRecent stock market bids and deals seem to have made it easier for troubled Kiwi building products giant, Fletcher Building (ASX:FBU), to convince big investors to contribute to the $NZ700 million capital raising, which had the feel of an emergency round to help the company survive.
Read MoreColes (ASX:COL) and Woolworths (ASX:WOW) shares fell by more than 3% yesterday following the ACCC's bombshell announcement of legal action against the supermarket giants, alleging they misled customers through their discount offers.
Read MoreHow very un-European! Italy’s UniCredit banking group has been stalking Germany’s second-largest bank, Commerzbank, and getting nowhere, with Germany Inc. starting to circle the wagons—led by the country’s biggest bank, Deutsche Bank.
Read MoreImmutep Limited (ASX:IMM) CEO and Executive Director Marc Voigt discusses the company's latest results in head and neck cancer.
Read MoreThe Australian sharemarket experienced a decline from record highs, primarily due to investor concerns regarding the Reserve Bank's potential delay in interest rate cuts, expected to remain steady at 4.35 per cent for the seventh consecutive meeting. At 11:40am, the S&P/ASX 200 is 0.68 per cent lower at 8,153.90.
Read MoreA snapshot of the stocks on the move, featuring Amplia Therapeutics (ASX:ATX), Wellard (ASX:WLD) and Anax Metals (ASX:ANX).
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