Analysis of Aristocrat Leisure, Commonwealth Bank of Australia, QBE Insurance
Fund Manager Chris Pedersen discusses Aristocrat Leisure, Commonwealth Bank of Australia and QBE Insurance Group.
Read MoreFund Manager Chris Pedersen discusses Aristocrat Leisure, Commonwealth Bank of Australia and QBE Insurance Group.
Read MoreWage growth in Australia decelerated to 0.8% in the first quarter, falling short of analysts' expectations of 0.9%.
Read MoreA snapshot of the stocks on the move, featuring Australian Gold and Copper (ASX:AGC), Norwest Minerals (ASX:NWM) and Elementos (ASX:ELT).
Read MoreDr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses the 2024-25 Budget.
Read MoreCSR (ASX:CSR) has reported higher profits from its building products business but a loss from aluminum for the year ending March 31, its last results as a listed company. The company is being taken over by Saint-Gobain, the large global building products group based in France, for $US4.32 billion.
Read MoreThe recession in the global lithium and battery materials markets has finally hit home in China, with BYD, the world’s biggest maker of electrified vehicles, postponing a key project slated for Chile.
Read MoreTreasurer Jim Chalmers presented his third consecutive budget on Tuesday night, marking a significant milestone with a back-to-back surplus of $9.3 billion – a feat not seen in almost two decades.
Read MoreAnglo American shares initially fell but later rose to close higher on Tuesday after the embattled miner laid out its response to BHP’s two spurned takeover offers.
Read MoreSo, the cash will be spent, the surplus run down, and deficits of more than $70 billion in 2024-25 and 225-26, but all this as consumers retreat into their shells.
Read MoreEven though the Fed has made it clear there will be no rate rise until it is really convinced that inflation is falling sustainably, big global investors are ignoring that and are off in their own world of 'Rate Cuts Loom.'
Read MoreLess than a day after rejecting BHP’s (ASX:BHP) second takeover offer, Anglo American says it is starting its so-called Plan B to revamp itself—and do several things that BHP wanted, such as getting rid of some assets.
Read MoreBig Tech led the move up as investors chose to look past a higher April PPI number and ahead to the CPI print due tomorrow US time.
Read MoreBig Tech led the move up as investors chose to look past a higher April PPI number and ahead to the CPI print due tomorrow US time.
Read MoreChina's car market slowed in April, and had it not been for a reasonable performance by the still-growing new energy vehicle sector, total sales would have looked forlorn. However, while sales of new energy vehicles (NEVs) did fall in April, the sector’s share of total vehicle sales jumped to a record high, as sales of conventionally powered ICE (Internal Combustion Engine) vehicles slid faster than sales of NEVs.
Read MoreAustralian shares declined on Tuesday as investors awaited details from the federal budget and awaited key inflation data from the US.
Read MoreA snapshot of the stocks on the move, featuring Castillo Copper (ASX:CCZ), TechGen Metals (ASX:TG1) and Rincon Resources (ASX:RCR).
Read MoreAustralian shares opened slightly lower as investors awaited the federal budget and US inflation data, mirroring subdued Wall Street performance. At 11:30am, the S&P/ASX 200 is 0.27 per cent lower at 7,729.20.
Read MoreTwo days before its investor day on Wednesday, GUD (ASX:GUD) stated that its expected underlying earnings are on track, though its dominant automotive operation will fall a little short due to weakness across the Tasman and in some parts of the sector in Australia.
Read MoreInvestors remained cautious ahead of the release of producer price data late Tuesday and consumer price data late Wednesday. Both data points are seen as critical to the outlook for US interest rates.
Read MoreIn the third incident of its type in 11 months, Rio Tinto (ASX:RIO) has suffered a major incident with one of its autonomous iron ore trains in the Pilbara overnight Monday.
Read MoreBHP (ASX:BHP) has made a second attempt to buy Anglo American, offering a revised bid worth 34 billion pounds or $US42.7 billion — and Anglo immediately rejected it for a second time.
Read MoreInvestors remained cautious ahead of the release of producer price data late Tuesday and consumer price data late Wednesday. Both data points are seen as critical to the outlook for US interest rates.
Read MoreOn Monday, the sharemarket closed with minimal change as gains in consumer stocks counterbalanced losses in energy, setting a cautious tone ahead of the federal budget that could influence the Reserve Bank's stance on maintaining high interest rates amidst inflation concerns.
Read MoreAhead of Tuesday’s federal budget, the Australian economy eased in April, with business conditions and confidence back around long-term readings, but retail still remains very weak.
Read MoreBendigo and Adelaide Bank (ASX:BEN) has confirmed the appointment of Vicki Carter as the bank’s permanent chair, three weeks after David Foster stepped aside in the wake of his decision to stand down as chair of embattled casino owner Star Entertainment.
Read MoreARN Media (ASX:A1N) still harbors ambitions for control of Southern Cross Austereo (SCA), even though it lost its partner, private equity group Anchorage Capital, in its bid.
Read MoreRamelius (ASX:RMS) announced that it will now have a third million-ounce mine project at its Mt Magnet area of interest in WA’s midwestern goldfields.
Read MoreThe Australian sharemarket edged downwards, primarily driven by losses in financials, anticipating a federal budget presentation by Treasurer Jim Chalmers from the Labor government, expected to offer cost-of-living relief to households amidst a focus on maintaining high interest rates by the Reserve Bank in the fight against inflation, alongside a projected consecutive surplus.
Read MoreA snapshot of the stocks on the move, featuring Anax Metals (ASX:ANX), Brightstar Resources (ASX:BTR) and Element 25 (ASX:E25).
Read MoreLithium Universe's CEO Alex Hanly unveils the company's strides in 2024 towards North American lithium independence.
Read MorePrivate equity group Anchorage Capital Partners has stunned investors, including ARN, with its shocking decision to drop out of the bid for Southern Cross Austereo. This move will likely kill the $250 million offer.
Read MoreA solid finish to the stock markets on Friday, but today will see a more circumspect ASX re-open.
Read MoreChina's consumer prices rose for a third straight month in April, while producer prices extended their declines, as cost pressures remained mixed across a stuttering economy.
Read MoreFor all the noise and punditry about Tuesday night’s 2024-25 federal budget, investors will be looking later in the week to see what happened with US consumer inflation in April.
Read MoreA test this week marks the last days of the US March quarterly reporting season. Only a handful of S&P 500 companies might be reporting, but a couple are going to be pretty influential, especially in the consumer sectors, with mighty Walmart and Home Depot, America’s biggest DIY group, both reporting on Thursday.
Read MoreGold prices rose on Friday for their strongest week in six, as bets of an interest rate cut from the Federal Reserve again moved into the center stage.
Read MoreThe weakness in US oil drilling continued last week with another fall in operating oil rig numbers.
Read MoreUS consumer sentiment data released on Friday kept a lid on consumer enthusiasm as the data suggested inflation remains a key concern for consumers.
Read MoreUS consumer sentiment data released on Friday kept a lid on consumer enthusiasm as the data suggested inflation remains a key concern for consumers.
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