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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).

Altech unveils sodium-chloride battery prototype

01 Oct 2024 - Altech Batteries (ASX:ATC) has unveiled a prototype of its CERENERGY 60 kWh battery, which operates efficiently without lithium or other rare materials. The prototype…

China's markets surge, Japan's Nikkei tumbles

01 Oct 2024 - Contrasting performances were seen in Asia’s two major stock markets: China and Japan.

Iron Ore prices surge after China's stimulus

01 Oct 2024 - Another massive surge in iron ore prices occurred on Monday, bringing the total gain since China began announcing stimulus measures last Tuesday to over 20%.

Rightmove rejects REA's fourth offer

01 Oct 2024 - The Rupert Murdoch-backed REA Group has been forced to abandon its attempt to take over the UK website Rightmove after its fourth offer was rejected on Monday.

Stellantis and Aston Martin face profit downgrades

01 Oct 2024 - Profit pressures continue in the global car industry, with the French-Italian-US group Stellantis and Aston Martin both joining the growing chorus of earnings downgra…

China's manufacturing surveys show mixed results

30 Sep 2024 - The end-of-month activity surveys for Chinese manufacturing produced slightly different outcomes for September.

SQM plans spin-off of foreign lithium assets

30 Sep 2024 - Chile’s Sociedad Química y Minera de Chile (SQM), the world’s second-largest lithium miner after Albemarle, is looking to spin off its foreign lithium and other asset…

Perseus Mining faces new 20% gold sales rule

30 Sep 2024 - In a potential blow for the African-focused gold group Perseus Mining (ASX:PRU), its newly acquired gold mining prospect in Tanzania faces an obstacle from a new rule…

Fonterra announces new strategy and divestments

30 Sep 2024 - It’s back to the Land of the Long White Cow—sorry, Cloud—for the world’s biggest dairy group, Fonterra, which has just revealed a New Zealand-first strategy for the c…

China implements new stimulus measures to help mortgage holders

30 Sep 2024 - China continues to roll out more stimulus measures, with a slew of actions announced at national and local government levels on Sunday evening to help mortgage holder…

Kiwi dairy group Synlait's tough year

30 Sep 2024 - A significant loss for its latest financial year didn’t come as a surprise as Kiwi dairy group Synlait prepares for life after what was nearly a death experience a co…

Stocks of the Hour: Australian Rare Earths, Burley Minerals, Trigg Minerals

30 Sep 2024 - A snapshot of the stocks on the move, featuring Australian Rare Earths (ASX:AR3), Burley Minerals (ASX:BUR) and Trigg Minerals (ASX:TMG).

Chinese stocks surge: Strongest week since 2008 amid $114 billion stimulus

30 Sep 2024 - Chinese equities recorded their strongest week since 2008 after Beijing announced a $114 billion stimulus package aimed at boosting the stock market.

Global oil prices decline amid rising supply concerns

30 Sep 2024 - Global oil prices posted a weekly loss by Friday’s close, as fears of growing oil supplies from Saudi Arabia overshadowed China’s efforts to stimulate its economy.

September wrap-up: Key economic indicators and corporate reports

30 Sep 2024 - The first week of the new month and the new quarter begins tomorrow, bringing new data releases, speculation on interest rates, more challenges for companies like Sta…

Gold and silver prices retreat but end week with gains amid Fed rate cut hopes

30 Sep 2024 - Gold and silver prices retreated on Friday from record highs but still notched weekly gains, fueled by hopes for a second major rate cut from the Fed. This followed i…

Wall Street fumbles amidst global market rally

30 Sep 2024 - US investors largely ignored the roaring comeback in Chinese and other Asian markets on Friday.

Steel sector boost: Iron ore hits $102.85 per tonne

30 Sep 2024 - Iron ore prices hit a two-month high at Friday's close, driven by China's steady rollout of stimulus measures that boosted interest in the steelmaking mineral.

China stimulus sparks ASX surge as BHP reclaims top spot

28 Sep 2024 - The China stimulus surge lifted the ASX on Friday, and many investors are hoping for the rally to continue this week, even though China enters a week-long holiday sta…

A2 Milk halts trading amid potential acquisition

27 Sep 2024 - Kiwi dairy group A2 Milk (ASX:A2M) has moved its shares from a trading pause to a halt, with a "potential acquisition" in its sights.

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