Job losses, Megaport, Pinnacle, Origin, GQG
Fund Manager Chris Pedersen discusses Megaport, Pinnacle Investment Management Group, Origin Energy and GQG Partners.
Read MoreFund Manager Chris Pedersen discusses Megaport, Pinnacle Investment Management Group, Origin Energy and GQG Partners.
Read MoreOn Wednesday, Australian shares rebounded, with the S&P/ASX 200 closing 0.5% higher at 7615 and the All Ordinaries also rising by the same percentage.
Read MoreA snapshot of the stocks on the move, featuring Sunshine Metals (ASX:SHN), Noble Helium (ASX:NHE) and Grand Gulf Energy (ASX:GGE).
Read MoreAustralian shares, particularly miners, are rebounding today, with the S&P/ASX 200 is 0.63 per cent higher at 7,629.60, retracing losses from the past two days.
Read MoreDespite the gloom in retailing, catering to aspirational and wannabe consumer groups is still paying off handsomely for Melbourne-based luxury goods website Cettire, which reported its best half-year performance ever.
Read MoreA day after losing 7.5% of its market value, Piedmont Lithium announced a 27% reduction in its workforce as it grapples with the challenges in the lithium industry.
Read MoreThe National Australia Bank (ASX:NAB) has selected Andrew Irvine to succeed the current CEO, Ross McEwan. The bank announced on Wednesday morning that Andrew Irvine will assume the role of Group Chief Executive Officer and Managing Director, starting from April 2nd this year. Mr. Irvine has been serving as the NAB's Group Executive in charge of Business and Private Banking since 2020.
Read MoreThe Dow Jones Industrial Average climbed on Tuesday as Wall Street assessed the latest batch of corporate earnings and the timeline for rates cuts from the Federal Reserve.
Read MoreThe December quarter retail sales data from the Australian Bureau of Statistics, released on Tuesday, sheds light on why investors warmly received the results and updates from Myer and Nick Scali, the Sydney-based furniture chain.
Read MoreThe Dow Jones Industrial Average climbed on Tuesday as Wall Street assessed the latest batch of corporate earnings and the timeline for rates cuts from the Federal Reserve.
Read MoreToyota Motor Co has joined its fossil fuel peers – Shell, Exxon Mobil, and Chevron – in demonstrating the lucrative opportunities still available in the oil industry.
Read MoreThe Australian sharemarket declined as the Reserve Bank of Australia (RBA) left the cash rate unchanged and hinted at potential interest rate hikes due to high inflation, leading to a decrease in bond futures' expectations for rate cuts.
Read MoreThe Reserve Bank left its cash rate unchanged at 4.35% after its first meeting of the year on Tuesday. Nevertheless, it hinted at the possibility of rate hikes to control inflation, although it also suggested that further rate increases might not be necessary, depending on inflation and economic indicators.
Read MoreAltech Batteries (ASX:ATC) reveals prototype, poised for final tests and government backing.
Read MoreDe Grey Mining (ASX:DEG) has entered into an exclusive option deal with Kalamazoo Resources to potentially acquire the Ashburton gold project in WA's Pilbara.
Read MoreAustralian shares declined as a response to Wall Street losses and rising bond yields following Federal Reserve Chairman Jerome Powell's statements that a rate cut is not imminent and expectations for multiple cuts through 2024 were too high.
Read MoreA snapshot of the stocks on the move, featuring Janison Education Group (ASX:JAN), Titan Minerals (ASX:TTM) and Recce Pharmaceuticals (ASX:RCE).
Read MoreDespite a 20% slide in earnings for the six months to December, furniture retailer Nick Scali (ASX:NCK) has maintained its interim dividend at 35 cents a share.
Read MoreStocks fell Monday as Treasury yields spiked higher on concerns that the Federal Reserve may not cut rates as much as expected. Lacklustre results from McDonald’s also dampened investor sentiment.
Read MoreFed Chair Jay Powell effectively conveyed his message during his 60 Minutes interview on Sunday night, as reflected in the subsequent market movements.
Read MoreStocks fell Monday as Treasury yields spiked higher on concerns that the Federal Reserve may not cut rates as much as expected. Lacklustre results from McDonald’s also dampened investor sentiment.
Read MoreChariot Corporation (ASX:CC9) Managing Director Shanthar Pathmanathan and Geological Consultant Dr Edward Max Baker discuss the significance of the company's latest drill results.
Read MoreShares declined broadly, particularly impacting miners and energy sectors, as investors took profits following a recent record high.
Read MoreRare earth prices, which experienced a sharp decline in 2023, are expected to make a strong comeback later this year, driven by growing demand from the electric vehicle and wind power industries, coupled with a potential reduction in production quotas by China, the leading producer of rare earths.
Read MoreFederal Reserve Chair Jay Powell has once again cautioned investors not to expect a rate cut from the central bank in March and emphasised the prudence the Fed will exercise in reducing the key federal Funds Rate over time.
Read MoreBarring any attempts to outbid, the merger will result in a miner with an annual output of approximately 445,000 ounces. The agreement entails Red 5 offering 3.434 Red 5 shares for every Silver Lake share, valuing the deal at $2.2 billion.
Read MoreIt must have been 'Bargain Monday' at Metcash (ASX:MTS), with the country's third-ranking listed retail group revealing a three-for-the-price-of-one deal. They announced three purchases in food and hardware, along with a $300 million placement to big shareholders.
Read MoreA snapshot of the stocks on the move, featuring Dotz Nano (ASX:DTZ), Bioxyne (ASX:BXN), Castle Minerals (ASX:CDT) and Linius Technologies (ASX:LNU).
Read MoreThe Australian dollar fell below the US65¢ mark, reaching US64.87¢, its lowest level since late November.
Read MoreDespite an 8.5% slide in net profit, Argo Investments (ASX:ARG) is holding its interim dividend at 16.5 cents a share. The Adelaide-based listed investment company (LIC) informed the ASX on Monday that the lower result stemmed from a decline in distributions from some of its major investments. It revealed it had sold out of its holdings in Insurance Australia Group and Liontown and accepted bids for Estia Health and Invocare.
Read MoreAustralian rare earth miner Lynas (ASX:LYC) has confirmed media reports that it has had confidential discussions with US-based rival MP Materials Corp regarding a potential transaction.
Read MoreThe S&P 500 notched a fresh record high on Friday as quarterly results from technology companies including Facebook-parent Meta topped expectations and the January jobs report came in much better than expected.
Read MoreLast Friday's surge in new US jobs went largely unnoticed by stock investors, but it caught the attention of those in the commodities market, particularly due to the jump in US bond yields and the strengthening of the US dollar.
Read MoreThe Reserve Bank is stepping into the spotlight this week, and investors and the general public can expect more than the usual level of noise from Tuesday afternoon onwards.
Read MoreThe S&P 500 notched a fresh record high on Friday as quarterly results from technology companies including Facebook-parent Meta topped expectations and the January jobs report came in much better than expected.
Read MoreThe Australian December half and full-year earnings season kicks off this week with several ASX 200 stocks set to reveal their figures. Property groups are leading the way, likely setting an unwanted tone of impairments and losses.
Read MoreA week before the start of China's Lunar New Year break on February 10, the country's stock market has experienced its worst performance in five years. Despite government support discussions for the market, property companies' concerns overshadowed the market due to the Hong Kong court's decision to order the liquidation of China Evergrande, the country's second-largest developer with $US328 billion in debt.
Read MoreLast week, we witnessed more record-breaking moments in the US and Australian markets, while China faced an unwelcome five-year low, deepening its economic challenges.
Read MoreNo rate cut is anticipated from the US Federal Reserve following the robust January jobs report and substantial revisions to December's figures.
Read MoreDr Michael Winlo – Managing Director & CEO – Emyria (ASX:EMD) accelerates drug development by bringing together patients, clinicians, researchers and medical innovators.
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