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Tesla maintains EV lead despite sales dip

04 Oct 2024 - Even though its quarterly car sales fell short of expectations, Tesla managed to maintain its lead as the leading producer of pure electric vehicles powered by batter…

Westpac sells auto finance unit to Resimac

04 Oct 2024 - Westpac announced on Thursday that it will sell the remainder of its auto finance business to Australian non-bank lender Resimac, completing the bank's divestment of …

September car sales down 12.4%

04 Oct 2024 - The new car market experienced a crunch in September, with sales slumping 12.4% to 97,020 units compared to the same month in 2023, and down around 1% from August.

Stocks of the Hour: Chariot Corp, Island Pharmaceuticals, Golden Mile Resources

03 Oct 2024 - A snapshot of the stocks on the move, featuring Chariot Corporation (ASX:CC9), Island Pharmaceuticals Ltd (ASX:ILA) and Golden Mile Resources (ASX:G88).

Tesla's deliveries fall short of forecasts, shares dip

03 Oct 2024 - Tesla may have delivered 462,890 EVs in the three months leading up to last Sunday, but this fell short of forecasts, causing shares to drop by 6% at one point on Wed…

Investors turn to derivatives amid election uncertainty

03 Oct 2024 - Investors are increasingly turning to complex derivatives trades to capitalize on the uncertainty surrounding the upcoming U.S. presidential election, speculating on …

Hang Seng index rallies 6.2% as property sector soars

03 Oct 2024 - The Hong Kong share market surged to a 20-month high on Wednesday as the rally ignited by last week’s stimulus measures from Beijing continued to lift Chinese stocks.…

Middle East conflict raises concerns over oil exports

03 Oct 2024 - Oil prices rose on Wednesday following Iran's missile attack on Israel but later pulled back as traders assessed the potential impact of the escalating conflict on gl…

BHP's nickel drop: Could Nico Resources rise to the occasion?

02 Oct 2024 - The recent announcement by BHP to temporarily suspend operations at its Nickel West facilities has raised concerns and speculations within the mining industry about t…

CEO musical chairs

02 Oct 2024 - There’s been CEO changes revealed at two mid-tier ASX companies, with a surprising common factor.

More cuts on the cards for the ECB

02 Oct 2024 - The slipping pace of activity across the EU has already seen the European Central Bank cut rates twice this year. Now more cuts are on the cards after the flash infla…

Leadership shuffle at CBA and JB Hi-Fi

02 Oct 2024 - Two top ASX companies have revealed significant changes in their senior leadership -- both of which set up candidates for the top job down the track.

Juice-ing up the market: A new blend of food giants

02 Oct 2024 - A new substantial listed Australian food group will be created from a complex deal involving SPC, The Original Juice Co (ASX:OJC) and the local powdered milk operatio…

Stocks of the Hour: BPM Minerals, archTIS, Askari Metals

02 Oct 2024 - A snapshot of the stocks on the move, featuring BPM Minerals (ASX:BPM), archTIS (ASX:AR9) and Askari Metals (ASX:AS2).

Oil dependence: A risky future for Saudi Arabia

02 Oct 2024 - Saudi Arabia (and Russia for the moment) would be enjoying the hikes in world oil prices due to the deepening crisis between Israel, Lebanon, and the Palestinians. Ho…

Middle East tensions drive up oil prices

02 Oct 2024 - Oil prices surged on Tuesday following Iran's missile attack on Israel, raising concerns that the Middle East could be heading toward a full-scale regional conflict t…

CME launches spodumene futures

02 Oct 2024 - CME Group has launched contracts tracking the price of spodumene, a key raw material for lithium batteries, heightening its competition with the London Metal Exchange…

Iron Ore prices surge amid Chinese stimulus

02 Oct 2024 - Mining executives have long anticipated an energy transition "supercycle" that would reshape the industry, moving away from China’s strong demand for raw materials to…

The right move: REA's withdrawal boosts shares

01 Oct 2024 - Shares in REA Group (ASX:REA) jumped more than 4% yesterday, taking the recovery in the past week to nearly 9% as investors realised the Murdoch-controlled real estat…

LDC weaves its way to Namoi control

01 Oct 2024 - An exciting day saw the meandering battle for control of Namoi Cotton, the country’s top cotton producer, end with a win to French group Louis Dreyfus Company.

Retail therapy: Surprise sales surge

01 Oct 2024 - Now this is a bit of a surprise -- Australian retail sales jumped sharply in August, but shoppers are supposed to have been put to sleep by high interest rates and pr…

Will Sigma's proposal cure competition woes?

01 Oct 2024 - Shares in Sigma Healthcare (ASX:SIG) jumped more than 25% yesterday after the ACCC invited submissions. This was in relation to the pharmacy wholesaler's proposed cou…

Stitching together a strategy: Mosaic's shake-up

01 Oct 2024 - Struggling women’s fashion retailer Mosaic Brands (ASX:MOZ) is hacking into its business to try and stay alive.

The rollercoaster of Australian building approvals

01 Oct 2024 - The volatile building approvals data from the Australian Bureau of Statistics has again delivered -- instead of a large rise, as we had in July, we got a big fall in …

Stocks of the Hour: Altech Batteries, Golden Mile Resources, NickelSearch

01 Oct 2024 - A snapshot of the stocks on the move, featuring Altech Batteries (ASX:ATC), Golden Mile Resources (ASX:G88) and NickelSearch (ASX:NIS).

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