Finance News Network

Latest News

Mineral Resources tackles debt with asset sales and cost cuts

17 Sep 2024 - It seems it’s sell, sell, sell for Mineral Resources (ASX:MIN) and its high-profile boss, Chris Ellison, as the company looks for ways to slash an embarrassingly high…

Lucara Diamonds unveils 1,094-carat gem from Botswana's Karowe mine

17 Sep 2024 - Yet another massive rough diamond has been found in an increasingly rich mine in Botswana by the Canadian firm Lucara Diamonds.

Star Entertainment secures lender bailout to avoid casino sales

17 Sep 2024 - Yet another after-market close announcement from Star Entertainment (ASX:SGR) surfaced on Monday evening, with media reports indicating that the company is set to be …

Berkshire Hathaway faces longest decline in 15 years

16 Sep 2024 - From an all-time high earlier this month to the longest fall in 15 years, Berkshire Hathaway and Warren Buffett have experienced the highs and lows of stock market li…

China's home prices plunge at fastest rate in nine years amid economic struggles

16 Sep 2024 - China's new home prices fell at the fastest pace in more than nine years in August, official data showed over the weekend, as central government measures continue to …

Westgold Resources sees boost in production and lower costs

16 Sep 2024 - As world gold prices hit new highs, Westgold Resources (ASX:WGX) has revealed a significant rise in forecast production and a drop in costs.

Stocks of the Hour: Immutep, Lepidico, Mithril Silver and Gold

16 Sep 2024 - A snapshot of the stocks on the move, featuring Immutep (ASX:IMM), Lepidico (ASX:LPD) and Mithril Silver and Gold (ASX:MTH).

Anglo American's coal portfolio sale

16 Sep 2024 - The impending sale of Anglo American's Australian coal portfolio is poised to be one of the most significant transactions of the year, offering a crucial barometer fo…

Investors anticipate Federal Reserve's first rate cut in over four years

16 Sep 2024 - Investors have significantly raised their expectations for a half-percentage-point interest rate cut by the Federal Reserve next week, as the central bank prepares to…

Oil prices plunge amid weakening global demand

16 Sep 2024 - Oil prices have dropped sharply from their year-long trading range as investors grow increasingly concerned about weakening demand from the world’s largest economies.…

Star Entertainment faces possible Sydney casino licence revocation and massive fine

16 Sep 2024 - There are things that the struggling casino group, Star Entertainment (ASX:SGR), can’t afford financially (having lost any moral claims), and one of those is losing i…

US equities rise ahead of Federal Reserve's key decision

16 Sep 2024 - US equity indexes closed higher on Friday as markets looked ahead to the Federal Reserve's latest monetary policy decision, due this week. The Dow and the Nasdaq both…

ASX set for modest morning rise as investors await Fed decision

16 Sep 2024 - The ASX is expected to see a modest rise this morning, as local investors are aware that no one will pay much attention to what happens here until the Fed announces i…

Iron ore faces pressure amid Chinas steel output slump

16 Sep 2024 - Iron ore prices are expected to come under more pressure today after a surprise slump in China's crude steel output in August.

August data reveals slowdown in Chinese retail sales

16 Sep 2024 - There are more signs of the Chinese economy’s growing stagnation, with another round of sluggish data for August.

Gold and silver rally as US dollar falls

16 Sep 2024 - Gold prices soared to new all-time highs on Friday as the US dollar weakened in the lead-up to this week’s anticipated rate cuts.

Hurricane Francines impact on oil prices

16 Sep 2024 - Oil’s Hurricane Francine price blip won’t last past Monday, despite what energy market hopefuls might wish for.

Central bank showdown: Key rate decisions from the Fed, BoE, BoJ, and PBoC

16 Sep 2024 - After the European Central Bank opted for a 0.25% rate cut last week, this week brings four major central bank interest rate decisions from the Fed, the Bank of Engla…

Stocks of the Hour: Mako Gold, Labyrinth Resources, Perpetual Resources

13 Sep 2024 - A snapshot of the stocks on the move, featuring Mako Gold (ASX:MKG), Labyrinth Resources (ASX:LRL) and Perpetual Resources (ASX:PEC).

Silver soars 4.5% as gold reaches new heights

13 Sep 2024 - Believe it or not but gold futures are within $US15 of topping the $US2,600 mark as prices lurched upwards on Thursday.

ECB delivers another rate cut as economic growth slows

13 Sep 2024 - A second rate cut in Europe and one next week for the US - the pace of central bank policy easings is accelerating.

Nine CEO resigns amid workplace allegations

12 Sep 2024 - For the second time in five years, Nine Entertainment (ASX:NEC) has lost its CEO with the taint of non-financial issues hanging over the company.

China drives EV growth, Europe struggles

12 Sep 2024 - August was a good month for global electric vehicle sales, except in Europe.

Brickworks faces tough times ahead

12 Sep 2024 - Thursday, we learned about impairment losses from Brickworks and its 43% shareholder, Washington H Soul Pattinson, related to their brick-making and masonry businesse…

Stocks of the Hour: Locksley Resources, MTM Critical Metals, Battery Age Minerals

12 Sep 2024 - A snapshot of the stocks on the move, featuring Locksley Resources (ASX:LKY), MTM Critical Metals (ASX:MTM) and Battery Age Minerals Ltd (ASX:BM8).

Prior Page Next Page