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China's stock market in crisis amidst property slump and IMF's housing alert

05 Feb 2024 - A week before the start of China's Lunar New Year break on February 10, the country's stock market has experienced its worst performance in five years. Despite govern…

Australian earnings season begins with property companies leading the way

05 Feb 2024 - The Australian December half and full-year earnings season kicks off this week with several ASX 200 stocks set to reveal their figures. Property groups are leading th…

Fed unlikely to cut rates soon after strong January jobs report

05 Feb 2024 - No rate cut is anticipated from the US Federal Reserve following the robust January jobs report and substantial revisions to December's figures.

Stocks of the Hour: Chariot Corporation, WA1 Resources, Carnaby Resources

02 Feb 2024 - A snapshot of the stocks on the move, featuring Chariot Corporation (ASX:CC9), WA1 Resources (ASX: WA1) and Carnaby Resources (ASX:CNB).

Gold's record year

02 Feb 2024 - In 2023, gold had a remarkable year with its price soaring above $2,000 per ounce and remaining at that level throughout the closing weeks of the year and into the fi…

Chariot Corporation announces promising maiden drill program results

02 Feb 2024 - Chariot Corporation (ASX:CC9) announced today the promising results of its maiden drill program at the Black Mountain Project in Wyoming, USA.

Tech giants' Q4 earnings highlights

02 Feb 2024 - Tech giants Meta, Amazon, and Apple reported their quarterly earnings after hours on Thursday, offering insights into the performance of some of the world's most infl…

Rio Tinto dominates iron ore market in 2023 despite Vale's Q4 surge

02 Feb 2024 - Brazilian iron ore miner and exporter, Vale, may have regained the title of the world's top producer of the key steelmaking material in the 4th quarter of 2023. Howev…

Geely takes over ailing Polestar, darkening EV material prospects

02 Feb 2024 - The outlook has further worsened for lithium, nickel, and other materials linked to electric vehicle manufacturing with the news of a significant move by Chinese car …

Elon Musk aims to secure $56 billion remuneration as Tesla considers Texas relocation

02 Feb 2024 - Elon Musk is determined to secure his $56 billion in remuneration, recently denied by a Delaware Chancery Court decision, the favored court for numerous American busi…

China overtakes Japan as world's largest auto exporter

01 Feb 2024 - China secured its position as the world's largest automobile exporter in 2023, surpassing Japan for the first time, driven by robust overseas sales of electric vehicl…

Stocks of the Hour: Singular Health Group, Mako Gold, Red Metal

01 Feb 2024 - A snapshot of the stocks on the move, featuring Singular Health Group (ASX:SHG), Mako Gold (ASX:MKG) and Red Metal (ASX:RDM).

Metcash halts trading amid Superior Food Group acquisition talks

01 Feb 2024 - Metcash has requested the suspension of its shares until Monday, confirming Thursday morning media reports that it is exploring the acquisition of the food services o…

China's Evergrande: A Black Hole for Foreign Creditors

01 Feb 2024 - Welcome to the newish black hole in China. Usually, it's occupied by someone arrested for corruption or some other breach of security laws, which are all pervasive.

Fed holds high interest rates amid calls for cuts

01 Feb 2024 - The US Federal Reserve has opted to leave interest rates at a 23-year high, disregarding market expectations for a potential pathway to rate cuts.

China's factory sector contracts in January

31 Jan 2024 - In January, China's factory sector continued to contract, underscoring the persistent challenges faced by the world's second-largest economy.

Dec quarter inflation lower than expected, raising hopes for rate cut

31 Jan 2024 - The quarterly CPI of 4.1% was under the forecast of 4.3%, but well ahead of the monthly figure for December of 3.4%.

Stocks of the Hour: Sunstone Metals, Select Harvests, True North Copper

31 Jan 2024 - A snapshot of the stocks on the move, featuring Sunstone Metals (ASX:STM), Select Harvests (ASX:SHV) and True North Copper (ASX:TNC).

Perth-based IGO faces massive losses due to nickel and lithium price slump

31 Jan 2024 - Perth-based IGO (ASX:IGO) is grappling with severe damage inflicted on its businesses by plummeting nickel and lithium prices, as well as mining challenges at its acq…

Nickel wars: Indonesia's dominance sparks global miner struggles

31 Jan 2024 - Indonesia, the world's largest nickel producer, is making waves in the global nickel market, flooding it with an abundance of low-cost supplies. This surge in nickel …

Elon Musk's $56 billion Tesla compensation package voided by judge

31 Jan 2024 - The chances of Elon Musk getting billions of dollars in shares to gain control of Tesla have suffered a significant setback. A judge in Delaware voided his extravagan…

Saudi Arabia keeps oil production stable amid changing energy landscape

31 Jan 2024 - When will the budget crack, and will all that silly spending on golf, soccer, and tennis be cut?

BYD shares due to profit forecast amid intense price war

31 Jan 2024 - Shares of China's biggest electric vehicle maker, BYD, fell more than 4% on Tuesday after its 2023 profit forecast indicated that it might face financial challenges s…

Hong Kong confidence shaken as Evergrande's liquidation sparks market turmoil

31 Jan 2024 - Not so confident now in Hong Kong. After resisting the negative impact of Monday's news that China Evergrande had been put into liquidation with a rise of 0.8%, reali…

Toyota sets new sales record

30 Jan 2024 - In 2023, Toyota Group achieved a historic sales record, boosted by its subsidiaries Hino Motors and Daihatsu Motor, as well as a surge in sales from its luxury Lexus …

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