When weak news is good news on Wall Street
Suddenly, the flow of economic news is all confused, with weak news becoming good news, at least for US investors on Tuesday.
Read MoreSuddenly, the flow of economic news is all confused, with weak news becoming good news, at least for US investors on Tuesday.
Read MoreIndia's stocks appear to be selling down for a second consecutive day today, following Tuesday’s significant slump in response to the surprising election outcome.
Read MoreTesla's performance in China—its most important market—continues to flag, raising more questions about its performance this quarter and for the rest of 2024.
Read More"Follow the money" is always a good adage in stock market investment. There's nothing like momentum or choice to tell a broader story about what investors and companies are doing with their money. And that applies in exploration for minerals as well as energy commodities.
Read MoreUS stocks closed in the green as the latest jobs data, provided further evidence that the economy is losing momentum and keeping the door open to rate cuts.
Read MoreUS stocks closed in the green as the latest jobs data, provided further evidence that the economy is losing momentum and keeping the door open to rate cuts.
Read MoreIn this episode, Magellan’s Head of Infrastructure, Gerald Stack, and Portfolio Managers Ben McVicar and Ofer Karliner discuss what they look for in attractive assets and their experiences over a combined 60 years of investing in these essential services.
Read MoreOn Tuesday, the Australian Securities Exchange (ASX) witnessed a downturn, predominantly influenced by a notable sell-off in mining and energy sectors, triggered by weakened commodity prices. The S&P/ASX 200 index slid by 0.3%, equivalent to 23.9 points, halting a two-day consecutive upward trend, while the broader All Ordinaries index also experienced a decline of 0.4%, settling at 7994.1 points. Among the eleven sectors on the ASX, nine ended the day in negative territory, with energy and materials sectors bearing the brunt of the losses.
Read MoreA snapshot of the stocks on the move, featuring ABx Group (ASX:ABX), ACDC Metals (ASX:ADC) and Condor Energy (ASX:CND).
Read MoreAus shares began the session with minimal change, leveling off shortly after the market opened. This stagnation was attributed to a decline in commodity prices, which adversely affected mining firms, counterbalancing any positive momentum in the healthcare sector.
Read MoreCyclical stocks and those leveraged to manufacturing activity came under pressure during the trading session following the release of soft manufacturing numbers which raised concerns about the strength of the underlying US economy.
Read MoreWidespread cheating in the huge Japanese car industry has been exposed by a government investigation, with Toyota, Mazda, Hino, Daihatsu, and Honda caught up and named for breaches of various rules and safety tests.
Read MoreThe old "boom, no it's a bust" mentality among iron ore traders emerged Monday when Singapore prices slid 4% or more on nerves about Chinese demand.
Read MoreThere won’t be any confirmation for a year or more, but the South Korean government has suddenly become very, very optimistic that it has identified a potential major oil and gas resource in the East Sea, off the city of Pohang (home to the huge steel group, POSCO).
Read MoreCyclical stocks and those leveraged to manufacturing activity came under pressure during the trading session following the release of soft manufacturing numbers which raised concerns about the strength of the underlying US economy.
Read MoreNever a good sign to show weakness when you claim to be controlling a key commodity market and expect to escape some sort of punishment. But that’s what the OPEC+ group did with its extension of its production caps until well into 2025—down went prices on Monday, thereby making all OPEC members poorer for at least a session.
Read MoreIn more unwelcome news for the lithium wannabees and actual miners and refiners, BYD, the world’s biggest maker of electrified vehicles, is continuing its push away from concentrating on lithium-gobbling battery-only EVs.
Read MoreThe Australian share market began June with strong gains, following a positive trend in US stocks driven by subdued inflation data, prompting confidence in potential future rate cuts by the Federal Reserve.
Read MoreQantas (ASX:QAN), Bonza, and Air New Zealand (ASX:AIZ) will miss out, but their global peers are having a great 2024 if the latest earnings upgrade estimate from IATA, the world airline lobby group, is any guide.
Read MoreDealmaking in the US oil and gas sector has soared to nearly $200 billion over the past year as major producers race to acquire rivals and expand their scale, reshaping the national energy landscape.
Read MoreAustralia’s lowest-paid workers will receive an inflation-matching pay rise of 3.75% this year, down from 5.75% last year. The rise equates to $33.10 a week after the Fair Work Commission's decision was announced on Monday.
Read MoreCristian Moreno, CEO of Torque Metals (ASX:TOR), discusses the New Dawn Lithium project, the Paris Gold Project and Torque's strategies and future plans.
Read MoreHiremii (ASX:HMI) Managing Director & CEO Andrew Hornby presents at the Beijing Two Zones Investment Promotion Webinar (Australia Roadshow), May 2024.
Read MoreHazer Group (ASX:HZR) CEO & Managing Director Glenn Corrie presents at the Beijing Two Zones Investment Promotion Webinar (Australia Roadshow), May 2024.
Read MoreEZZ Life Science Holdings (ASX:EZZ) Chair Glenn Cross presents at the Beijing Two Zones Investment Promotion Webinar (Australia Roadshow), May 2024.
Read MoreFinexia Financial Group (ASX:FNX) CEO & Director Patrick Bell presents at the Beijing Two Zones Investment Promotion Webinar (Australia Roadshow), May 2024.
Read MoreINOVIQ (ASX:IIQ) CEO Dr Leearne Hinch presents at the Beijing Two Zones Investment Promotion Webinar (Australia Roadshow), May 2024.
Read MoreStar Combo Pharma (ASX:S66) CEO Su Zhang presents at the Beijing Two Zones Investment Promotion Webinar (Australia Roadshow), May 2024.
Read MoreDotz Nano (ASX:DTZ) Chairman Bernie Brookes presents at the Beijing Two Zones Investment Promotion Webinar (Australia Roadshow), May 2024.
Read MoreStruggling Fletcher Building (ASX:FBU) obviously foresees current struggles persisting for the next 18 months to two years, judging by Monday’s announcement that its financiers have agreed to reset the company’s banking agreements through the end of next year.
Read MoreAnother struggling Kiwi-listed company is Synlait (ASX:SM1); its market position has deteriorated with weaker sales, high costs, and a major falling out with its major customer, A2 Milk.
Read MoreThe Chinese group Yuxiao Fund, along with four associates having ties to major Chinese conglomerates, will be compelled to reduce their shareholdings in Northern Minerals, a strategic rare earths miner, as the federal government deemed the acquisition contrary to "our national interest."
Read MoreThe Australian sharemarket has risen in June, continuing its recovery from recent sell-offs, with a 0.82 per cent rise at 11:30am following modest gains on Wall Street. This follows a 1 per cent jump on Friday, driven by traders unwinding earlier sell-offs prompted by concerns over inflation and potential Reserve Bank interest rate hikes.
Read MoreA snapshot of the stocks on the move, featuring Immutep (ASX:IMM), INOVIQ (ASX:IIQ) and Eastern Metals (ASX:EMS).
Read MoreChris Gosselin interviews Dan Nicolaides on how Digital Asset Funds Management uses crypto market volatility for stable returns and risk management.
Read MoreGuzman y Gomez (GYG), the renowned fast-food chain, has revealed its plans to debut on the Australian Securities Exchange (ASX) in June, marking a significant milestone in the company's journey.
Read MoreInvestors would do well to take advantage of annual market volatility in June and buy on the dip, according to Emanuel Datt, chief investment officer of Datt Capital.
Read MoreOPEC+ may have agreed on Sunday to extend a voluntary production cut of 2.2 million barrels of crude oil a day deep into next year, but that is an acknowledgment that the output restrictions have failed to support prices at a level its members want.
Read MoreThe headlines from American retailing for the first quarter of 2024 told a very mixed picture – lots of cold, some hot, and little in between for many chains.
Read MoreThe Dow Jones jumped as investors breathed a sigh of relief as key inflation readings released on Friday came in mostly as expected with no negative surprises.
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