Finance News Network

Latest News

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 …

Retail sales fall after Black Friday boost, puzzling analysts

30 Jan 2024 - Now, this will puzzle the Reserve Bank and all those 'rate rise looms' urgents still breathing in the markets and among the commentariat - as expected, retail sales i…

Stocks of the Hour: Loyal Lithium, Riversgold, Australian Rare Earths

30 Jan 2024 - A snapshot of the stocks on the move, featuring Loyal Lithium, Riversgold and Australian Rare Earths.

Ramelius Resources raises 2024 production guidance

30 Jan 2024 - Unlike Gold Road Resources (ASX:GOR), which surprised investors with a cut to its 2024 production guidance, Ramelius Resources (ASX:RMS) has increased its guidance fo…

Albemarle cuts 300+ jobs amid Greenbushes mine cutback and price changes

30 Jan 2024 - A day after IGO (ASX:IGO) revealed a production cutback at the massive Greenbushes lithium mine in southwest WA and introduced a revised pricing structure to lower th…

Pandora's shift to recycled metals

30 Jan 2024 - The decision by Pandora, the world's largest jewelry maker, to stop using mined gold and silver won't significantly affect gold demand. However, it will certainly imp…

Hong Kong court orders liquidation of China Evergrande

29 Jan 2024 - Just as China was attempting to stabilise its fractured property sector, a Hong Kong court has dealt a blow by ordering the troubled developer, China Evergrande, to b…

IGO cuts pricing and output

29 Jan 2024 - IGO (ASX:IGO) has confirmed that the huge Greenbushes lithium mine will cut output because customers have not been buying as much as they did earlier in 2023.

Gold Road Resources faces investor fears

29 Jan 2024 - In January, investors had two unsettling encounters with Gold Road Resources (ASX:GOR).

Stocks of the Hour: Mako Gold, Cobre, icetana

29 Jan 2024 - A snapshot of the stocks on the move, featuring Mako Gold (ASX:MKG), Cobre (ASX:CBE) and icetana (ASX:ICE).

Bapcor faces dividend dilemma

29 Jan 2024 - Automotive parts retailer and wholesaler, Bapcor (ASX:BAP), might struggle to maintain its interim dividend at 10.5 cents a share if its weak update for the half-year…

Woolworths faces statutory loss amid impairments and profit projections

29 Jan 2024 - Retail giant Woolworths is anticipating a statutory loss for the six months ending December. The supermarket group informed the ASX on Monday of impairments totaling …

China suspends lending of restricted shares amid stock market turmoil

29 Jan 2024 - China's securities regulator announces a complete suspension of restricted shares lending effective today (Monday), in response to the recent sharp decline in Chinese…

Wall Street wraps up 12th winning week amid Fed decision

29 Jan 2024 - Wall Street capped off a successful week on Friday, marking its 12th winning week out of the last 13, as investors eagerly anticipated the Federal Reserve's upcoming …

Tech giants and more: Key earnings reports in the upcoming week

29 Jan 2024 - Netflix stunned; Tesla shocked. Now it's Alphabet, Amazon, Apple, Meta, and Microsoft's turn to perform for investors as the US earnings season reaches its climax in …

Fed's influence, earnings reports, and global economic data in focus this week

29 Jan 2024 - Will the Fed and five major quarterly results this week ruin the market tea party in the wake of yet another week of records on Wall Street, in Europe, and Japan?

Unexpected resilience: Strong US economic growth and stable inflation defy 2023 predictions

29 Jan 2024 - A year ago, expectations for the performance of the US economy in 2023 were uniformly negative: a slowdown or recession, a surge in jobless numbers, weak earnings, an…

Commodities show mixed performance amid China's economic efforts

29 Jan 2024 - Oil had a better week, iron ore bounced, copper rose, and coal eased as commodities steadied on hopes that China’s attempts to stop the economic rot would work.

De Grey Mining's strong financial position and Hemi Gold project progress

25 Jan 2024 - De Grey Mining (ASX:DEG) announced it had more than $340 million in cash on hand, positioning it strongly to advance its Tier 1 Hemi gold project in WA’s Pilbara, the…

Fortescue faces pipeline leaks

25 Jan 2024 - Fortescue Metals' (ASX:FMG) troubled Iron Bridge export magnetite iron ore mine in WA's Pilbara continues to cause problems and is nowhere near planned capacity at th…

Stocks of the Hour: EV Resources, Antilles Gold, Respiri

25 Jan 2024 - A snapshot of the stocks on the move, featuring EV Resources (ASX:EVR), Antilles Gold (ASX:AAU, OTCQB:ANTMF) and Respiri (ASX:RSH; OTCQB: RSHUF).

Domino's Pizza shares plummet amidst sales slump in Asia

25 Jan 2024 - Shares in Domino's Pizza plunged by as much as 30% on Thursday morning after the company withdrew its guidance. This decision followed the revelation that sales in As…

Fortescue Metals Group reports 1.4% drop in Q2 iron ore shipments

25 Jan 2024 - Fortescue Metals Group (ASX:FMG) revealed a small 1.4% fall in second-quarter iron ore shipments due to ongoing maintenance activities at some of its key projects in …

Bluebird Gold mine expansion plans based on recent drilling results

25 Jan 2024 - The results of a new round of drilling have prompted Westgold (ASX:WGX) to seriously consider expanding its Bluebird gold mine in the Meekatharra region of WA's north…

Prior Page Next Page