New Zealand maintains strong policy stance
New 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 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 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 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 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.
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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 MoreThe vast desert expanse of Western Australia, once renowned for its gold, nickel, and iron ore deposits, has now become the epicenter of a fierce competition among miners vying for control of lithium, a crucial raw material in the global shift towards greener energy.
Read MoreGlobal commodities giant Louis Dreyfus (LDC) is looking to acquire Namoi Cotton (ASX:NAM) with a non-binding all-cash offer of 51 cents per share, representing a substantial 41% premium over Monday's closing price of 36 cents.
Read MoreThe Dow Jones Industrial Average fell on Monday, as traders took a breather after the major averages posted a four-week winning streak.
Read MoreThe price of gold surged to a six-month high on Monday, driven by growing investor confidence that the US Federal Reserve has concluded its series of interest rate hikes and a weakening US dollar.
Read MoreThe Dow Jones Industrial Average fell on Monday, as traders took a breather after the major averages posted a four-week winning streak.
Read MorePerseus Mining has utilised a portion of its US$600 million (over A$900 million) cash reserve to acquire a significant stake in OreCorp, a competing African mining company.
Read MoreRailroads provide a basic, but critical role for any developed society – they facilitate the
connection between producers and consumers of essential goods and support a large section
of the economy. The North American rail industry represents one of the world’s oldest and
largest collections of transport infrastructure.
While we tend to think of toll roads as a recent phenomenon, they have been around for
thousands of years. Toll roads today are a popular way for cash-strapped governments
to raise money and improve the quality of, and reduce the congestion on road networks.
Given the huge capital costs (toll roads often cost billions of dollars to build), for most
investors the listed market is the only way to gain access to these assets.
The Australian sharemarket experienced a decline on Monday due to a sell-off in commodity stocks, primarily driven by a drop in the value of iron ore.
Read MorePerth-based IGO (ASX:IGO) has cleared incoming CEO Ivan Vella after he was summarily fired by his former employer, Rio Tinto, over a confidentiality breach.
Read MoreQBE (ASX:QBE) looks set to meet or exceed its 2022 net profit, thanks to a remarkable turnaround in investment returns during the year ending in December.
Read MoreBy next Sunday, it will be clear whether Canada's Brookfield and EIG of the US have a chance of gaining approval at Origin Energy's adjourned shareholders' meeting on Monday, December 4.
Read MoreDr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses the Australian dollar.
Read MoreEnlitic CEO Michael Sistenich discusses the company's AI solutions for healthcare data management as the company gears up for its December IPO.
Read MoreThe Australian sharemarket experienced a noon decline with the S&P/ASX 200 index slipping 0.15% due to losses in commodity stocks, particularly in the materials sector, driven by lower iron ore prices, leading to drops in BHP, Fortescue Metals, and Rio Tinto.
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