Rio Buys More Ivanhoe
Rio Tinto has moved to cement its control of Ivanhoe Mines of Canada and the huge Oyu Tolgoi copper and gold project in Mongolia.
Read MoreRio Tinto has moved to cement its control of Ivanhoe Mines of Canada and the huge Oyu Tolgoi copper and gold project in Mongolia.
Read MoreMixed news on the housing front yesterday with Reserve Bank figures showing lending for May was solid, but new home sales fell sharply.
Read MoreWith renewed worries about the Chinese economy, here’s some news that will add to those concerns.
Read MoreMining service provider, Ausenco Ltd, says it will take a $6.8 million after-tax, non-cash impairment charge in its half year accounts, following a review of its energy business.
Read MoreGambling group, Tatts Group Ltd, has revealed $165 million in write-downs and impairment charges on assets in Britain and NSW to be taken in the June 30, 2010 annual result and accounts.
Read MoreShares in Brisbane-based mining testing group, Campbell Brothers, jumped sharply yesterday after the group revealed a solid profit forecast for the 2010-11 financial year.
Read MoreA tale of two companies on the nose, it seems with the market: Downer EDI and Macquarie Group.
Read MoreMore signs yesterday that Japan’s economy is not growing as strongly as previously thought.
Read MoreIgnore anything you may read or hear about new policies, breakthroughs or agreements emanating from the Group of 20 nations in Canada.
Read MoreGindalbie Metals Ltd says its flagship Karara iron ore project in Western Australia’s midwest region (near Geraldton) will generate about $1 billion in annual export revenues, and that will help it start looking off shore, and at other minerals to diversify from its dependence on iron ore..
Read MoreGood bye Wattyl, hello Valspar.
Read MorePhoton Group likes to describe itself as "Australia’s largest marketing and communications group"; yesterday it confirmed in an update on its trading performance and capital structure, that it is one of the weakest companies on the ASX, with debts significantly outweighing its $191 million market value, and over $160 million in deferred payments still owing.
Read MoreMixed economic news from Japan yesterday.
Read MoreA big week for markets here and offshore, and for investors large and small.
Read MoreLast week the US Federal Reserve surprised with a post meeting statement that weakened its previously confident stance about the strength of the US economic recovery.
Read MoreOil prices rose more than 3% on Friday, but it had nothing to do with the normal ebb and flow of the markets and daily and weekly trading strategies.
Read MoreWorries about bank regulation, the global economy, US economic growth and BP saw markets finish mostly lower on Friday.
Read MoreWorld stocks, as measured by the MSCI, are down more than 7% since January, leaving many investors wondering where growth will come in the next six months.
Read MoreMacquarie Group shares were hammered yesterday after it revealed that the increased volatility in financial markets since April has had an unquantified impact on its business.
Read MoreAnother hint that Japan’s strong export driven recovery may be losing steam, and with it, the surging growth in Australia’s export earnings.
Read MoreGood news from New Zealand as the economy grew for a 4th straight quarter in the three months to March, thanks mostly to the strength of the economic recovery in Asia and Australia
Read MoreUS Congressional leaders (mostly Democrats from the Senate and the House of Representatives) are working towards completing a new financial regulatory set up for the US that will see one big winner, the US Federal Reserve.
Read MoreRising oil supplies will mostly offset higher demand expected over the next five years, the International Energy Agency said on Wednesday in its latest medium term outlook.
Read MoreThe US Federal Reserve had no reason to lift interest rates from their current record low of 0% to 0.25%.
Read MoreThe discount in the share price of Seven Group Holdings continues to widen.
Read MoreA look at the Suncorp-Metway share price graph will tell us that the financial group is going nowhere as investors wait to see evidence that the new CEO, Patrick Snowball, can boost returns from a mix of business that has already disappointed.
Read MoreThere is life after Babcock & Brown, just look at Alinta Energy (AKA Babcock & Brown Power)
Read MorePerpetual CEO, David Deverall, did the right thing by his employer yesterday in signalling his decision to stand down next March.
Read MoreSurging iron ore and coal export revenues are expected to push the value of Australia’s commodity exports to a record $202.5 billion in the 2010-11 financial year.
Read MoreRural services company Elders has downgraded earnings guidance and now expects a full year loss because of low prices for farm supplies, subdued real estate activity and the collapse of management investment schemes in the timber and forestry sector.
Read MoreLeighton Holdings CEO, Wal King, seems to going all out to make the market aware that the company is on track to make its guidance.
Read MoreShares in Sundance Resources remained suspended again yesterday after confirmation that the company’s board and a number of advisers had died in a plane crash in West Africa.
Read MoreChina has decided to take the heat out of the exchange rate brawl with the US by again making its Yuan exchange rate more flexible.
Read MoreAnother up week, the second in a row for most stockmarkets around the world.
Read MoreChina’s decision to end its currency peg could have its biggest impact in the commodity markets.
Read MoreTelstra has signed an $11 billion deal with the Federal Government’s National Broadband Network Co (NBN Co) that will set in train an Australia wide high speed broadband internet link.
Read MoreAmerica is where the action is this week with the Fed holding a two-day meeting.
Read MoreSome indicators of global growth are showing a loss of momentum, fuelling talk of a double dip back into recession.
Read MoreBig global investors are getting gloomier, according to the monthly BofA Merrill Lynch Survey of Fund Managers for June.
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