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Australian labour market sees robust growth

17 Jul 2024 - More than 50,000 people found work last month, the Australian Bureau of Statistics said on Thursday.

Stocks of the Hour: Miramar Resources, Noronex, Resouro Strategic Metals

18 Jul 2024 - A snapshot of the stocks on the move, featuring Noronex, Resource Strategic Metals, and Miramar Resources.

Global fund manager survey reveals growing optimism for a soft landing

17 Jul 2024 - While global investors are increasingly confident that the global economy is headed for a so-called soft landing, they have lost some of their fears about inflation, …

Wednesday's big tech sell-off

17 Jul 2024 - Wednesday’s big tech sell-off saw the top three most valuable stocks in the US become two if you use the $3 trillion value line as the qualifier.

Fortescue Metals Group to cut 700 jobs

17 Jul 2024 - Andrew "Twiggy" Forrest's Fortescue Metals Group (ASX:FMG) will sack 700 people, scale back its green ambitions, and reintegrate the group into one corporate structur…

BHP's strategy shift

17 Jul 2024 - Has BHP (ASX:BHP) quietly dropped its boycott of investing in coal in Queensland in protest at the Labor Government’s significant increase in coal royalties?

Brazil's Vale regains title from Rio Tinto

17 Jul 2024 - Vale, the big Brazilian iron ore giant, has had a rip-roaring bounce-back in the June quarter. So much so, it has snatched back the title of the world’s biggest produ…

Adidas defies expectations with surging earnings

17 Jul 2024 - For the second time this year, German sportswear maker Adidas has boosted its earnings guidance, continuing to defy analysts who forecast doom and gloom for the compa…

Stocks of the Hour: Andromeda Metals, Nutritional Growth Solutions, Somerset Minerals

17 Jul 2024 - A snapshot of the stocks on the move, featuring Andromeda Metals (ASX:ADN), Nutritional Growth Solutions (ASX:NGS) and Somerset Minerals (ASX:SMM).

BHP achieves record production in iron ore and copper

17 Jul 2024 - The year ending June 30 saw BHP (ASX:BHP) hit new highs in iron ore and copper, ending 2023-24 with record levels of output for both metals.

Synlait Milk faces ongoing challenges despite NZ$130 million loan

17 Jul 2024 - The troubled Kiwi dairy group Synlait Milk (ASX:SM1) may have received a loan from its major Chinese shareholder to pay off its bank debt on Monday to the tune of NZ$…

Small-cap stocks surge amid market rotation

17 Jul 2024 - Small-cap stocks are currently experiencing a significant surge as they have taken the lead from megacap technology shares to drive the bull market, buoyed by hopes t…

Gold and silver surge amidst market volatility

17 Jul 2024 - Gold rose, as did silver, but other commodities fell; oil lost ground, and copper dropped sharply.

US retail sales steady in June

17 Jul 2024 - US retail sales were unchanged in June, surprising many, though the underlying trend remained strong. This could boost economic growth estimates for the second quarte…

IGO announces second round of impairments and dividend update

16 Jul 2024 - Perth-based IGO (ASX:IGO) has revealed a second round of impairments for the year ending in June.

Stocks of the Hour: Stelar Metals, Osteopore, Power Minerals

16 Jul 2024 - A snapshot of the stocks on the move, featuring Stelar Metals (ASX:SLB), Osteopore (ASX:OSX) and Power Minerals (ASX:PNN).

Rio Tinto's busy Tuesday: Production highlights, project updates, and emergency response

16 Jul 2024 - A busy Tuesday for Rio Tinto (ASX:RIO) included the June quarter production and sales report, news on its Simandou iron ore project in Guinea, and a decision to shut …

Powell indicates a cut in rates may come sooner than expected

16 Jul 2024 - Fed chair, Jay Powell has raised the temperature on the rate cut timing, suggesting Monday that a reduction might be closer than previously thought.

Burberry global sales slump 20% over the last quarter

16 Jul 2024 - Shares in luxury goods maker, Burberry plunged 16% on Monday after a disappointing first-quarter performance saw it issue a profit warning, replace its CEO and axe it…

Musk sidetracked by Politics as Tesla market share continues to fall

16 Jul 2024 - There’s Elon Musk, wasting time endorsing Donald Trump while Tesla's share of US electric vehicle sales slowly falls below 50% for the first time in the three months …

Chinese steel production sees modest June decline

15 Jul 2024 - Chinese steelmakers eased production in June, but output was still up by a marginal 0.2% from the same month last year. National Statistics Bureau data showed product…

China's economic challenges

15 Jul 2024 - The Chinese government has once again missed its chance to send a message to consumers, businesses, and especially struggling homeowners that it aims to help them by …

Star faces another embarrassment

15 Jul 2024 - Yet another hard-luck story emerges from the annals of corporate Australia: Star Entertainment Group (ASX:SGR) and its casinos in Sydney, the Gold Coast, and Brisbane…

Rio Tinto and BHP on the takeover trail

15 Jul 2024 - Two media reports over the weekend suggest that Rio Tinto (ASX:RIO) and BHP (ASX:BHP) are still on the takeover trail.

Stocks of the Hour: Liontown Resources, Andromeda Metals, Adisyn

15 Jul 2024 - A snapshot of the stocks on the move, featuring Liontown Resources (ASX:LTR), Andromeda Metals (ASX:ADN) and Adisyn Ltd (ASX:AI1).

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