Credit Rise Sets Up Rate Rise
The odds have firmed for an interest rate rise next week for the first time this year and there's an increasing chance that there could be another rise by the end of the year.
Read MoreThe odds have firmed for an interest rate rise next week for the first time this year and there's an increasing chance that there could be another rise by the end of the year.
Read MoreThe planning delays and government shuffling over expanding the coal handling infrastructure in the Hunter Valley and at the port of Newcastle, has had a big impact on the earnings of Coal & Allied Ltd, in the June half.
Read MoreBack in March, in a little-noticed interview on margin enhancement and growth, the retiring CFO and deputy CEO of Leighton Holdings, Dieter Adamsas, had this to say about expansion and growth, especially of new contracts:
Read MoreThe slide in the Aussie and New Zealand dollars slowed yesterday as the local stockmarket stood against the trend from New York and finished higher, and Asian markets bounced back in the afternoon.
Read MoreThe problems rolling across the US housing industry and associated financial markets show no sign of ending their snaring of new victims.
Read MoreReal estate developer, Australand Property Group, has reported a 34 per cent lift in first half profit, following strong performances in its commercial and industrial and investment property arms.
Read MoreEven though zinc miner and processor, Zinifex, is looking at another record profit in the year to June, the shares are under a bit of pressure.
Read MoreNow here's something that hasn't really filtered through to the market: world uranium prices have fallen for the first time in more than four years.
Read MoreCrunch went the Aussie dollar as it shed over 3USc in trading late last week, especially Friday night when the losses more than doubled.
Read MoreLike it or not, when the bear growls, the bulls will hibernate.
Read MoreThe market is expecting the Reserve Bank board to lift interest rates at its August meeting because there is now a belief that prices will continue rising into 2008.
Read MoreThe sell-off continues in world markets. Shares, commodities, corporate bonds (except for Government bonds) are all down, with the huge US Treasury market rallying as investors continued to seek a safe haven.
Read MoreLihir Gold, now basically hedgeless and riding the ups and downs of the world gold price, says it's on its way to setting a yearly production record of more than 800,000 ounces of gold produced after a very solid first half and second quarter.
Read MoreThe rising value of the Australian dollar has bitten into the sales revenues (and presumably earnings) of Santos Ltd, the country's third biggest oil and gas group.
Read MoreDon't be surprised if the Australian dollar hits 90 USc in the next two weeks as market bulls and bears battle it out over whether an interest rate rise will happen at the Reserve Bank board meeting in 12 days time.
Read MoreThe surging Australian dollar (or is it the plunging US dollar) has bitten another mining company.
Read MoreAs expected, Australian Foundation Investment Company produced a strong result in the year to June with after tax net operating profit rising by almost 25 per cent to $224.4 million from 2006's $179.6 million.
Read MoreOnce again, the US bond market is signalling the real direction for the US economy and US investors.
Read MoreBHP Billiton is on track to produce its biggest ever annual profit after reporting its strongest ever quarterly and annual production report.
Read MoreThe market liked the news from Newcrest (NCM) yesterday of record gold production in the fourth quarter and the year to June.
Read MoreNo matter how you look at the production figures released by BHP Billiton yesterday, they paint a picture of a company going full steam ahead, and looking to do better.
Read MoreBuilding products and services group, Alesco Corporation, is set make its biggest diversification yet, with the $250 million purchase of Total Eden McCracken's water management business from the AMP and a group of investors and management.
Read MoreChina is flexing its financial muscles in western deals.
Read MoreWell, there's real chance that tomorrow's June quarter Consumer Price Index might produce an unwelcome surprise, just as the March quarter surprised on the downside.
Read MoreCould this be the crack in the current boom in metal prices, or could it spur prices to higher levels?
Read MoreLike its stablemates, Mirrabooka and Djerriwarrah Investments, Amcil has had a great year in the 2007 financial year to June 30.
Read MoreAnother week and another strong performance for the Australian dollar and Australian stocks, with world metal prices up on Friday.
Read MoreCopper rose to a two-month high in New York on renewed speculation that demand will climb in China, the world's largest consumer of the metal.
Read MoreForget the big boy private equity deals and refocus on the good, old fashioned value hunting and opportunism now showing up in the property sector.
Read MoreIn news that won't be greeted warmly in the boardrooms of home building companies, non-residential constructors or among home renters, a leading forecaster says there will be a further decline in activity over the year.
Read MoreBy the end of the day yesterday, some of the early enthusiasm for Macquarie Bank shares had been extinguished.
Read MoreUnlike 2006 and its surprises, 2007 seems to be a much smoother year for the country's second ranking oil and gas group, Woodside Petroleum.
Read MoreWhen does an economy reach the overheating stage?
Read MoreThere's a Federal election looming: later, rather than sooner, judging by the poor polls for the Howard Government.
Read MoreSantos is not letting grass grow near any of its plans. The company is a hive of activity, no doubt stimulated by the impending completion of the review of the 15 per cent ownership cap by the South Australian Government.
Read MoreYesterday, the Australian dollar was trading around 18-year highs for the second time so far this week, and you can imagine the pain and horror many mining companies feel as they watch the currency appreciate.
Read MoreThe huge takeover made by Rio Tinto for Alcan re-rated several takeover candidates among Australia's major miners, with the likes of Zinifex and Oxiana being top of the table in the eyes of many analysts, either merging or as separate targets.
Read MoreRio Tinto is probably looking at higher earnings after revealing that iron ore production rose to record levels to meet strong demand from steelmakers, especially in China.
Read MoreAnother strong day for the Australian and New Zealand dollars (see below for a report on the Kiwi), but for differing reasons.
Read MoreSantos continues to clean itself up as the South Australian Government ruminates about whether to lift the 15 per cent shareholding cap on the company.
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