Yancoal Australia faces 25% revenue drop
Despite solid production and sales performance for the six months ending in June, Yancoal Australia (ASX:YAL) is facing a 25% revenue decline due to weaker global prices.
Read MoreDespite solid production and sales performance for the six months ending in June, Yancoal Australia (ASX:YAL) is facing a 25% revenue decline due to weaker global prices.
Read MoreNetflix has again surprised doubters by revealing better-than-expected numbers for its second quarter.
Read MoreEvolution Mining (ASX:EVN) is poised for a stellar year, despite missing its gold production guidance.
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Read MoreMore than 50,000 people found work last month, the Australian Bureau of Statistics said on Thursday.
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Read MoreKeynote Address – Michael Knox – 18 July 2024 – 1:25pm
Read MoreA snapshot of the stocks on the move, featuring Noronex, Resource Strategic Metals, and Miramar Resources.
Read MoreASX Update | Giri Tenneti – 18 July 2024 – 8:55am
Read MoreThe S&P 500 and Nasdaq Composite fell on Wednesday as investors shifted away from high-flying technology stocks towards more rate-sensitive sectors.
Read MoreWednesday’s big tech sell-off saw the top three most valuable stocks in the US become two if you use the $3 trillion value line as the qualifier.
Read MoreWhile global investors are increasingly confident that the global economy is headed for a so-called soft landing, they have lost some of their fears about inflation, according to the July Bank of America Global Fund Manager Survey, released on Wednesday.
Read MoreAndrew "Twiggy" Forrest's Fortescue Metals Group (ASX:FMG) will sack 700 people, scale back its green ambitions, and reintegrate the group into one corporate structure.
Read MoreHas BHP (ASX:BHP) quietly dropped its boycott of investing in coal in Queensland in protest at the Labor Government’s significant increase in coal royalties?
Read MoreVale, the big Brazilian iron ore giant, has had a rip-roaring bounce-back in the June quarter. So much so, it has snatched back the title of the world’s biggest producer from Rio Tinto.
Read MoreFor the second time this year, German sportswear maker Adidas has boosted its earnings guidance, continuing to defy analysts who forecast doom and gloom for the company after it cut ties with rapper Kanye West in late 2022 over anti-Semitic remarks he had made.
Read MoreOn Wednesday, the Australian sharemarket surged to a new intraday high, driven by a strong performance in interest rate-sensitive sectors such as technology and real estate.
Read MoreDr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses Australian shares.
Read MoreKeynote Address | Rob Murdoch – 17 July 2024 – 2:30pm
Read MoreOpening Address | Panel Discussion | Morgans – 17 July – 11:35am
Read MoreThe rotation into industrials, financials and smaller companies pushes the Dow Jones to new highs as the rally continues to broaden into underperforming sectors.
Read MoreOn Tuesday, the Australian sharemarket ended a three-day winning streak by dropping slightly below the significant 8000-point mark achieved in the previous session. The S&P/ASX 200, a key benchmark, closed down 18.3 points or 0.2 per cent at 7999.3 points. This decline occurred despite gains seen on Wall Street, as investors in the US remained cautious about the potential for a third interest rate cut by the Federal Reserve.
Read MoreA busy Tuesday for Rio Tinto (ASX:RIO) included the June quarter production and sales report, news on its Simandou iron ore project in Guinea, and a decision to shut down a mine in Canada threatened by bushfires.
Read MoreA snapshot of the stocks on the move, featuring Stelar Metals (ASX:SLB), Osteopore (ASX:OSX) and Power Minerals (ASX:PNN).
Read MoreMarkets continued their move upwards with the Dow Jones hitting a new record following the assassination attempt on former President Donald Trump, as investors took the view that the weekend’s political events will lead to big gains for the Republican Presidential candidate and the GOP at the polls in November.
Read MoreFed chair, Jay Powell has raised the temperature on the rate cut timing, suggesting Monday that a reduction might be closer than previously thought.
Read MoreShares in luxury goods maker, Burberry plunged 16% on Monday after a disappointing first-quarter performance saw it issue a profit warning, replace its CEO and axe its dividend.
Read MoreThere’s Elon Musk, wasting time endorsing Donald Trump while Tesla's share of US electric vehicle sales slowly falls below 50% for the first time in the three months to June.
Read MoreMarkets continued their move upwards with the Dow Jones hitting a new record following the assassination attempt on former President Donald Trump, as investors took the view that the weekend’s political events will lead to big gains for the Republican Presidential candidate and the GOP at the polls in November.
Read MoreShares are rising amid a broad rally. Iron ore prices are advancing. However, China's growth is weakening more than expected as the outlook darkens. Investors are rushing to safe havens after the assassination attempt on the former US president.
Read MoreChinese steelmakers eased production in June, but output was still up by a marginal 0.2% from the same month last year. National Statistics Bureau data showed production dipped to 91.61 million metric tonnes of crude steel last month, compared to 92.86 million tonnes in May.
Read MoreThe Chinese government has once again missed its chance to send a message to consumers, businesses, and especially struggling homeowners that it aims to help them by cutting official interest rates.
Read MoreYet another hard-luck story emerges from the annals of corporate Australia: Star Entertainment Group (ASX:SGR) and its casinos in Sydney, the Gold Coast, and Brisbane.
Read MoreTwo media reports over the weekend suggest that Rio Tinto (ASX:RIO) and BHP (ASX:BHP) are still on the takeover trail.
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