Oil falls, OPEC+ disagrees on production levels
Global oil prices plummeted after the OPEC+ group failed to reach a consensus on production levels for some members.
Read MoreGlobal oil prices plummeted after the OPEC+ group failed to reach a consensus on production levels for some members.
Read MoreThe world is awash with news that a drug designed to treat type 2 diabetes has also been approved to help achieve weight loss. Glucagon-like peptide 1 — or GLP 1 — is considered by some as a wonder drug and a new weapon in the public health battle against obesity. But what are the wider implications for the investment world?
Read MoreOne of Warren Buffett’s key energy plays is taking the famed investor deeper into fossil fuels, if US media reports are any guide.
Read MoreIt seems most market participants are now expecting and pricing an interest rate environment that is ‘"higher for longer". If this is the case, what will it mean for real estate?
Read MoreOn Thursday, the Australian stock market made significant progress, driven by strong increases in cyclical stocks. This surge was fueled by a continued decline in bond yields, which raised expectations of imminent interest rate cuts, a possibility that was not previously anticipated.
Read MoreA snapshot of the stocks on the move, featuring Australian Pacific Coal (ASX:AQC), Augustus Minerals (ASX:AUG) and Battery Age Minerals (ASX:BM8).
Read MoreIn the ongoing Origin Energy (ASX:ORG) takeover saga, the company's board has rejected the third offer from suitors Brookfield of Canada and US investor EIG. This rejection appears to have put an end to the prolonged takeover battle.
Read MoreBond yields in the US continue to drop, leading to increased speculation that interest rate cuts may happen sooner than anticipated.
Read MoreAustralian Pacific Coal (ASX:AQC) and its joint venture partner Tetra Resources have successfully secured a significant funding package to revive the Dartbrook Mine.
Read MoreEarly Friday, Sydney time, Elon Musk's biggest punt in years is due to be rolled out: the final version of Tesla's Cybertruck. This vehicle could either further boost his reputation and that of his carmaker or blow it apart if it's a dud.
Read MoreThis report evaluates recent lithium M&A activities and provides a closer examination of lithium development projects. The primary focus is on new projects that RFC Ambrian believes have the potential to become targets for future industry consolidation, either through outright takeovers or third-party entities taking substantial interests in these projects.
Read MoreFindi (ASX:FND) has announced robust financial results for the first half of 2024 (1H24), showcasing impressive revenue and earnings growth. Findi Limited Chairman, Nicholas Smedley, expressed optimism about the company's performance, highlighting significant progress in their strategic endeavors, particularly in India.
Read MoreDespite stronger-than-forecast third-quarter growth, US investors are now more upbeat about the chances of a rate cut after a key briefing document for the Federal Reserve's December meeting showed a slowing in the pace of activity in parts of the economy and a further slipping in cost pressures.
Read MoreThe S&P 500 and the Dow Jones Industrial Average ended Wednesday near the flat line, but the major averages remain on track for their biggest monthly gain in 2023.
Read MoreOn Wednesday, US stocks are trading higher, keeping the major averages on course for their most significant monthly growth in 2023.
Read MoreNew Zealand may have changed governments, but the country's Reserve Bank hasn't altered its monetary policy stance, keeping the official cash rate steady at 5.5% on Wednesday.
Read MoreInflationary pressures eased slightly in October, as many economists had forecast, following a poor result in September and data for the September quarter. However, the improvement is not a cause for great excitement and will not lead the Reserve Bank to change its stance on the risks of "sticky" inflation, heightened expectations, and potential interest rate hikes.
Read MoreAustralian shares rose on Wednesday, primarily driven by gains in interest rate-sensitive stocks, responding to signs of progress in the Reserve Bank's efforts to combat inflation.
Read MoreSigns of a small pickup in sales boosted Harvey Norman (ASX:HVN) shares by 3% on the ASX Wednesday morning as the consumer electronics and white goods group held its annual meeting for 2022-23.
Read MoreInvestors are finding compelling opportunities in an unexpected corner: small-cap value shares.
Read MoreFund Manager Chris Pedersen discusses markets leading up to the new year, Brambles, Wesfarmers and ASX.
Read MoreLet’s start with a quick recap of the most recent reporting season.
Click here to visit the Quay Global Investors website.
https://www.quaygi.com/
Online homewares retailer Temple and Webster (ASX:TPW) has announced a robust beginning to the new financial year, with sales surging, especially during the four-day Black Friday-Cyber Monday period over the weekend.
Read MoreA snapshot of the stocks on the move, featuring Euro Manganese, Elementos, White Cliff Minerals.
Read MoreAustralia's Consumer Price Index (CPI) grew by 4.9 percent in annual terms in October, falling short of analysts' consensus of 5.2 percent.
Read MoreNew Zealand-based Fisher & Paykel Healthcare Corporation has increased its interim dividend from 17.5 NZ cents to 18 NZ cents for the six months ending September 30, following a robust performance with a 16% rise in revenue and a 12% increase in after-tax earnings.
Read MoreClean energy stocks are mired in their most severe downturn in years, triggering a multi-billion-dollar erosion of the sector's value and casting a shadow over America's environmental objectives.
Read MoreCharlie Munger, Berkshire Hathaway's deputy chair and longtime Warren Buffett confidant, has passed away at the age of 99.
Read MoreThe global copper market faces uncertainty as doubts arise about the reliability of output from two major Latin American mines in Panama and Peru.
Read MoreStocks rose Tuesday, resuming their November rally, as comments from a Federal Reserve official raised hope that the central bank may not need to raise interest rates further.
Read MoreEquinox Resources Limited (ASX:EQN) CEO Zac Komur discusses the company's move to apply for a large rare earths tenement in Brazil, and the attractions of the jurisdiction.
Read MoreGold continued its upward trend, reaching new six-month highs, and some analysts are now forecasting that the precious metal could soon set a new all-time high if the current momentum persists.
Read MoreShares rebounded on Tuesday due to gains in real estate and gold, while the Australian dollar reached a four-month high amid expectations of prolonged high borrowing costs compared to other developed nations.
Read MoreIn a surprising turn of events, Australian retail turnover fell by 0.2% in October, contrary to the forecasted 0.2% rise.
Read MoreShareholders in fast-food group Collins Foods (ASX:CKF) will receive an increase of half a cent in their interim dividend, bringing it to 12.5 cents per share.
Read MoreEquinox Resources (ASX:EQN), a leading diversified global resources company, has announced its latest strategic move in Brazil's rare earths sector.
Read MoreRetail sales in October declined by 0.2% compared to September, falling short of the expected 0.1% increase, indicating that rising borrowing costs and elevated inflation are impacting consumers' spending.
Read MoreA snapshot of the stocks on the move, featuring Namoi Cotton (ASX:NAM), Imugene (ASX:IMU) and Beston Global Food (ASX:BFC).
Read More