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Lithium boom falters: Chilling 2023 prospects after Albemarle's Q3 disappointment

02 Nov 2023 - Australian lithium companies and investors face grim tidings as Albemarle, the world's largest lithium group and a major presence in Australia's lithium industry, rep…

Citi predicts iron ore price rally could reach $US130 per tonne by year-end

02 Nov 2023 - Iron ore prices have surged to their highest levels in over five weeks, and analysts at Citi suggest that the rally could continue, potentially pushing the steel-maki…

Panama Canal shipping cutbacks amidst drought threaten global trade

02 Nov 2023 - Panama City, Panama - The Panama Canal, a vital artery for global trade, is set to face significant cutbacks in the number of ships allowed to cross its historic wate…

Amcor delivers earnings surprise amidst challenging market conditions

02 Nov 2023 - Judging by the positive market reaction, global packaging giant Amcor (ASX:AMC) delivered a bit of an upside surprise in its latest results, released on Wednesday, wi…

Australian building approvals drop in September, but house prices continue to rise

02 Nov 2023 - The volatile building approvals data from the Australian Bureau of Statistics worked its now-familiar magic in September, revealing a fall of nearly 5%, partly revers…

Macquarie Group's 'Millionaire's Factory' suffers amid mass layoffs

02 Nov 2023 - Judging by the flood of news late Wednesday about mass sackings across Macquarie Group (ASX:MQG), the investment bank's interim results on Friday must be very grim.

BHP believes in China's economy amidst property sector woes

02 Nov 2023 - Believers like BHP in China's economy, and the stimulus it brings to countries like Australia, remain steadfast even as the country's property sector groans under bad…

Federal Reserve keeps rates steady amid uncertain economic outlook

02 Nov 2023 - As expected, the Federal Reserve in the US held its key Federal Funds Rate at a 22-year high on Wednesday, with no rate rise in sight.

Toyota's strong commitment to electric vehicles sets it apart from GM and Ford

02 Nov 2023 - Unlike its US rivals such as GM and Ford, Toyota believes in the necessity of transitioning to electric vehicles. Ford and GM have begun hedging their bets on the EV …

Stocks of the Hour: NOVONIX, Wildcat Resources, Ioneer

01 Nov 2023 - A snapshot of the stocks on the move, featuring NOVONIX (ASX:NVX), Wildcat Resources (ASX:WC8) and Ioneer (ASX:INR).

Central Banks revive gold appetite, September quarter falls short of 2022 peak

01 Nov 2023 - According to the latest data from the World Gold Council (WGC), central banks, led by China, reduced their gold purchases in the three months to September but appear …

BHP approves $23.5 billion investment for Jansen Potash Project in Canada

01 Nov 2023 - BHP (ASX:BHP) has increased the value of its massive Jansen potash project to over $23.5 billion, with the approval of Stage 2 in Saskatchewan, Canada. This stage wil…

Mixed results for markets and commodities in October

01 Nov 2023 - In October, some markets experienced positive gains, but the story was quite different for key commodities, including major ones. Oil and copper faced harsh realities…

IFS spotlights mining's ESG evolution

31 Oct 2023 - IFS will lead a panel discussion at the International Mining and Resources Conference, focusing on harnessing cutting-edge technology to transform mining operations a…

China and US highlight critical minerals collaboration with Australia is key to future

31 Oct 2023 - Australia has an opportunity to contribute to the growing demand for critical minerals by strengthening global supply chains and increasing collaboration at a strateg…

Treasury Wine Estates announces $1.6 billion deal to acquire Daou Estates

31 Oct 2023 - With the resolution of Chinese wine tariffs on the horizon in the coming weeks, Treasury Wine Estates is making a significant move in the US alcohol sector. The compa…

Uncertainty looms over $18.7 billion Canadian-US bid for Origin Energy

31 Oct 2023 - The $18.7 billion Canadian-US bid for Origin Energy appears to be in jeopardy and may require a higher offer price, as Origin's largest shareholder, AustralianSuper, …

China's economy slows unexpectedly in October

31 Oct 2023 - The pace of activity across China's vast economy unexpectedly slowed last month. Manufacturing slid into contraction, services produced an unexpectedly low result, an…

Aussies' rekindled love for chicken amid soaring red meat prices

31 Oct 2023 - Australians appear to have rekindled their taste for chicken, possibly due to the prolonged high prices of red meat, as consumers face mounting living expenses. As pe…

Stocks of the Hour: Chimeric Therapeutics, Power Minerals, James Bay Minerals

31 Oct 2023 - A snapshot of the stocks on the move, featuring Chimeric Therapeutics (ASX:CHM), Power Minerals (ASX:PNN) and James Bay Minerals (ASX:JBY).

HSBC reports 235% surge in Q3 earnings despite Chinese property write-downs

31 Oct 2023 - A week ago, Standard Chartered Bank revealed a slide in quarterly earnings due to write-downs in the value of its Chinese property and banking investments, amounting …

Analysing the September sales surge

30 Oct 2023 - Some analysts considered the unexpected 0.9% increase in Australian retail sales in September as an example of a 'hot' statistic, indicating that consumers had reawak…

Stocks of the Hour: Tamboran Resources, TG Metals, Tietto Minerals

30 Oct 2023 - A snapshot of the stocks on the move, featuring Tamboran Resources (ASX:TBN), TG Metals (ASX:TG6) and Tietto Minerals (ASX:TIE).

Buffett's moves raise questions

30 Oct 2023 - After a four-month hiatus, Berkshire Hathaway has re-entered the market by acquiring over 4 million shares of Occidental Petroleum in the past week.

US Fed holds steady

30 Oct 2023 - Even though the economy is booming and job growth continues, inflation is slowing, leading the US Federal Reserve to refrain from raising interest rates this week.

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