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The Dow reaches above 40,000 points for the first time since May

15 Jul 2024 - More gains ahead this week for Wall Street after Friday's record session?

Stocks of the Hour: Immutep, Middle Island Resources, Inca Minerals

12 Jul 2024 - A snapshot of the stocks on the move, featuring Immutep (ASX:IMM), Middle Island Resources (ASX:MDI) and Inca Minerals (ASX:ICG).

US consumers push back against corporate price hikes

12 Jul 2024 - After two years of significant price rises and few apologies, US consumers are starting to get their revenge on corporate America, even as price pressures ease.

BYD's expansion strategy

12 Jul 2024 - Chinese EV giant BYD is in the process of establishing an international network of plants and distribution facilities to circumvent the steep tariffs planned by the U…

S&P 500s 7-day rally ends as traders shift to small-cap stocks

12 Jul 2024 - A multi-day rally for the S&P 500 came to an end after cooler-than-expected inflation data for June pushed traders to bet on more interest rate cuts this year.

Wall Street's mixed reaction to unexpected inflation drop

12 Jul 2024 - Wall Street reacted nervously on Thursday to good news on inflation. The Dow was up, but the S&P 500 and Nasdaq were down for the session.

BHP suspends nickel mining in WA amid global oversupply

12 Jul 2024 - BHP (ASX:BHP) has bitten the bullet and will suspend nickel mining in WA, warning of a full-year loss in its nickel business.

Synlait Milk shares surge 52% after key refinancing approval

11 Jul 2024 - Synlait Milk (ASX:SM1) shares jumped 52% yesterday after shareholders approved the first step of a complicated refinancing of the struggling company’s debt and financ…

Uranium stocks surge following Kazakhstani tax hike

11 Jul 2024 - Uranium stocks are soaring on Thursday following an unexpected hike in uranium extraction taxes in Kazakhstan. This move is anticipated to curb future supply growth f…

The challenges of container shipping in the current global environment

11 Jul 2024 - Container shipping and the web of global transport services linked to it are entering the usual peak season for demand, but this year's scenario planning includes man…

Stocks of the Hour: Augustus Minerals, Clara Resources, Taruga Minerals

11 Jul 2024 - A snapshot of the stocks on the move, featuring Augustus Minerals (ASX:AUG), Clara Resources (ASX:C7A) and Taruga Minerals (ASX:TAR).

Woodside inks new supply deal with Taiwan's CPC

11 Jul 2024 - Shares of Woodside Energy (ASX:WDS) have increased today following the announcement of a significant supply agreement with Taiwan’s CPC Corp, a major player in the pe…

ACCC launches legal action against The Good Guys over misleading promotions

11 Jul 2024 - The competition regulator, the ACCC, has launched Federal Court proceedings against The Good Guys Discount Warehouses (Australia) Pty Ltd for allegedly making false o…

Seven Group Holdings announces post-transaction dividend of 30 cents per share

11 Jul 2024 - The Stokes family's Seven Group Holdings (ASX:SVW) has followed through on a commitment made in April during its takeover of the minorities in Boral, announcing a pos…

BP raises oil and gas demand forecasts

11 Jul 2024 - BP has increased its forecasts for oil and gas demand, signaling a slowdown in the transition to clean energy. In its annual outlook, the oil major highlighted that r…

Tech giants surge to new heights

11 Jul 2024 - In the value chain race, Apple remained on top, with its value rising nearly 1.9% to a massive $US3.57 trillion, around $US100 billion ahead of Microsoft, whose value…

Mixed messages in China's June inflation data

10 Jul 2024 - The June inflation data from China presented mixed messages on Wednesday, as economic activity and the government’s ongoing support measures failed to gain real tract…

China's inflation numbers fall short of expectations

10 Jul 2024 - China’s consumer price inflation rose by 0.2% in June from a year ago, missing expectations, while producer prices fell in line with forecasts, data from the National…

Reserve Bank of New Zealand hints at possible rate cut

10 Jul 2024 - The Reserve Bank of New Zealand has left its cash rate on hold at 5.50% but again hinted that a rate cut could be coming.

Stocks of the Hour: Infini Resources, Mako Gold, Elementos

10 Jul 2024 - A snapshot of the stocks on the move, featuring Infini Resources (ASX:I88), Mako Gold (ASX:MKG) and Elementos (ASX:ELT).

Booktopia faces bidding war as deadline nears

10 Jul 2024 - Booktopia (ASX:BKG), once a shining star on the ASX, now finds itself at the center of a fierce bidding war as potential buyers vie to rescue the beleaguered book ret…

Short sellers pocket $10 billion in profits despite S&P 500 surge

10 Jul 2024 - During the second quarter of this year, short sellers capitalized on their strategy of betting against stocks, amassing a substantial $10 billion in paper profits des…

Chile's government expects to surpass project target amid strong private sector interest

10 Jul 2024 - The Salar de Atacama in Chile contains some of the world's highest known concentrations of lithium and potassium.

Powell hints at possible rate cut amid cooling inflation

10 Jul 2024 - While Fed Chair Jay Powell wouldn't get drawn into any discussions about the potential timing of any rate cut in the first of two appearances before the US Congress o…

China's NEV sales surge amidst decline in internal combustion market

10 Jul 2024 - China's rising sales of so-called New Energy Vehicles (NEVs) can’t make up for the continuing weakness in sales of conventionally powered (or ICE, internal combustion…

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