Inflation eases, central banks hint at rate cuts
Inflation rates on both sides of the Atlantic continue to cool, setting the stage for interest rate cuts by key central banks later this month.
Read MoreInflation rates on both sides of the Atlantic continue to cool, setting the stage for interest rate cuts by key central banks later this month.
Read MoreThe latest official survey of activity in China's manufacturing sector confirms that August was another sluggish month for the country's economy.
Read MoreUS stocks surged on Friday, with the Dow Jones Industrial Average hitting a new record high as investors closed out a turbulent month on a positive note. Traders were also digesting key inflation data closely monitored by the Federal Reserve.
Read MoreA month ago, markets were caught off guard by the fallout of a Japanese interest rate hike that sent shockwaves through the financial world, triggering a massive unwinding of the yen carry trade.
Read MoreGallium, a critical component in smartphones, radar systems, and numerous other technologies, plays a far more significant role than its modest price might suggest. Despite being sold for just pennies above production costs, many non-Asian producers exited the market in the late 2000s when China ramped up its production capacity.
Read MoreThe U.S. oil industry and Republican leaders are pressuring Kamala Harris to clarify her stance on energy and climate policy as she navigates the delicate balance of appealing to her progressive base without alienating voters in key swing states like Pennsylvania, a major hub for shale production.
Read MoreRate cuts are on the horizon, and it's the moment biotech companies and their investors have been eagerly anticipating.
Read MoreUS stocks surged on Friday, with the Dow Jones Industrial Average hitting a new record high as investors closed out a turbulent month on a positive note. Traders were also digesting key inflation data closely monitored by the Federal Reserve.
Read MoreDavid Breeze – Managing Director & Executive Chairman – BPH Energy Limited (ASX:BPH) is a diversified company holding investments in biotechnology and resources. BPH holds a significant interest (36%) in unlisted oil and gas exploration company Advent Energy.
Read MoreJoe David – Managing Director – Elementos Limited (ASX:ELT) is committed to the safe and environmentally conscious exploration, development, and production of its global tin projects. The company owns two world-class tin projects with large resource bases and significant exploration potential in mining-friendly jurisdictions.
Read MoreDamian Spring – Executive Director & CEO – Santana Minerals Limited (ASX:SMI) discovered the most significant single gold deposit in New Zealand in over four decades at the Bendigo-Ophir project in Central Otago. The company is now focused on developing the project into an environmentally responsible, economically sustainable mining project bringing inter-generational employment and prosperity to the region.
Read MoreDr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses developments in investment markets over the past week, economic activity trackers, major global economic events and Australian economic events.
Read MoreThe final day of the June 30 reporting period revealed a mixed bag of financial results, with some of Australia's major companies, including Harvey Norman, TPG, Ramsay Health Care, and Downer EDI, delivering varied outcomes amidst a challenging economic environment.
Read MoreAustralian shoppers put their wallets and cards on hold in July after boosting spending in May and June during end-of-financial-year specials from desperate retailers.
Read MoreThe Australian retail sector experienced a flat month in July, following a modest 0.5% increase in June.
Read MoreA snapshot of the stocks on the move, featuring Nickel X (ASX:NKL), Australian Oil Company (ASX:AOK) and Advance Metals (ASX:AVM).
Read MoreWinston Sammut, the Director Property of Euree Asset Management, gives his weekly take on the REITs sector.
Read MoreEach week The Last Word will offer a review of the week's events and their impact on the markets.
Read MoreGlobal semiconductor developer BluGlass Limited (ASX:BLG) is set to host Australia’s premier semiconductor industry conference, Semiconductor Australia 2024. In partnership with the Semiconductor Sector Service Bureau and ShareCafe, the one-day event will take place on 24 October in Sydney.
Read MoreFrom the December 2024 half-year, Target will cease to exist as an independent entity in terms of its sales reports within Wesfarmers' public reporting.
Read MoreOn the face of it, BYD, the world's biggest EV maker from China, has reported a solid half-year result for the six months to June, with revenue and earnings up sharply from a year ago.
Read MoreAffirm Holdings (AFRM) shares soared after the buy now, pay later (BNPL) fintech company reported better-than-expected fiscal fourth-quarter results and issued strong guidance after the bell on Wednesday. The company posted a 48% year-over-year revenue increase, reaching $659 million for the quarter. Additionally, Affirm significantly reduced its net loss to $45 million, or 14 cents per share, compared to $206 million, or 69 cents per share, in the same period last year. Both revenue and earnings figures exceeded analyst expectations, according to Visible Alpha. The company’s Gross Merchandise Volume (GMV), representing the total value of transactions on the Affirm platform, also rose 32% to $7.2 billion.
Read MoreAfter-hours trading can often be a volatile time in the US stock market, as companies release their earnings reports and investors react to the results. The most recent session was no exception, with several major companies making significant moves following their earnings announcements.
Read MoreFederal Reserve officials will get a fresh look at their preferred inflation gauge on Friday, a data point that could influence the September rate decision, even as their focus appears to be shifting elsewhere.
Read MoreThe Dow Jones Industrial Average climbed to a record high overnight, as Wall Street attempted to recover from a steep sell-off earlier this month.
Read MoreThe Dow Jones Industrial Average climbed to a record high overnight, as Wall Street attempted to recover from a steep sell-off earlier this month.
Read MoreDespite continuing high interest rates, the US economy was stronger than previously expected, with the second estimate of June quarter economic growth being upgraded to a robust 3% from 2.8% a month ago.
Read MoreThursday saw Warren Buffett’s Berkshire Hathaway finally end a trading session with a market value of one trillion dollars.
Read MoreTrump Media shares continue to track Donald Trump's downward move in opinion polls – which is making him poorer by the day as they hit a succession of new lows this week.
Read MoreOn Thursday, the sharemarket experienced its steepest decline in three weeks, driven by a weak lead from Wall Street and a sharp drop in Nvidia's stock, which fell nearly 9% due to disappointing guidance. The S&P/ASX 200 Index fell 0.3% to 8045.1, moving away from its recent record of 8148.7, with the All Ordinaries also down 0.3%.
Read MorePerth-based miner IGO (ASX:IGO) seems to have escaped another round of punishment from investors sceptical about its nickel and lithium operations.
Read MoreThe slides in June 30 profits for both Qantas (ASX:QAN) and Air NZ (ASX:AIZ) signal that the two airlines are preparing for an anticipated slowdown in revenue and earnings for 2024-25.
Read MoreGlobal miner South32 (ASX:S32) reported a 60% fall in underlying earnings for the 2023-24 financial year, but it tempered the impact of this significant drop with a new $US200 million share buyback following the sale of its Illawarra Metallurgical Coal business.
Read MoreThe wheels well and truly fell off the finances of luxury online retailer Cettire (ASX:CTT), and investors once again punished the former high-flyer with another market pounding on Thursday.
Read MoreNick Chaplin, Director and Portfolio Manager at Seed Funds Management, discusses the implications of the drop in bank term deposit rates with Chris Gosselin, CEO of Australian Fund Monitors.
Read MoreMineral Resources (ASX:MIN) shares were justifiably sold down on Thursday after the company quietly released its 2023-24 results late in the evening, revealing the shocking news that it was dropping its final dividend.
Read MoreCorella Resources Limited (ASX:CR9) CEO Jess Maddren provides an overview of the business, discussing novel steps for high-purity alumina flowsheeting.
Read MoreBega Cheese (ASX:BGA) has increased its dividend for the year ending June, following a rise in sales, profits, and a reduction in debt. This positive outcome comes despite the ongoing challenges faced by many companies over the past year.
Read MoreA snapshot of the stocks on the move, featuring Battery Age Minerals (ASX:BM8), HyTerra (ASX:HYT) and Vection Technologies (ASX:VR1, OTC:VCTNY).
Read MoreAt 11:40am, the S&P/ASX 200 is 0.61 per cent lower at 8,022.20, mirroring a weak performance on Wall Street and a sharp decline in Nvidia's stock.
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