Company News /
by Glenn Dyer -
2 years ago
23 Sep 2024 - Trans-Tasman building products giant Fletcher Building (ASX:FBU) has confirmed weekend reports that it is looking to raise NZ$700 million (A$641 million) to reduce de…
Company News /
by Glenn Dyer -
2 years ago
23 Sep 2024 - UK property listings and services company Rightmove has said "no" for a second time to a new non-binding offer from News Corp’s REA Group.
Company News /
by Glenn Dyer -
2 years ago
23 Sep 2024 - A dirty finish for Wall Street on Friday saw a gain for the day for the Dow and a record, but small blobs of red ink for the S&P 500 and Nasdaq as more investors took…
Company News /
by Glenn Dyer -
2 years ago
23 Sep 2024 - Bad news about the health of the Chinese economy continues to rattle global car companies, especially Germany’s biggest—VW, BMW, and Mercedes.
Company News /
by Glenn Dyer -
2 years ago
23 Sep 2024 - So, how did the big week for central banks go? Well, China didn’t cut, Japan sat it out, but with a rate rise looming, the Bank of England was steady — leaving the Fe…
Company News /
by Glenn Dyer -
2 years ago
23 Sep 2024 - Another record for gold was set on Friday, with no sign of second thoughts about the benefits of the Fed’s significant rate cut among its supporters, unlike in equiti…
Company News /
by Glenn Dyer -
2 years ago
23 Sep 2024 - Oil prices rebounded last week, not just because the Federal Reserve cut rates, but also due to a combination of a reduction in supply, a tropical storm along parts o…
Company News /
by Glenn Dyer -
2 years ago
20 Sep 2024 - Myer (ASX:MYR) has met its lowered guidance for the 2023-24 financial year as it battled through challenging market conditions and the fallout from high interest rate…
Company News /
by Glenn Dyer -
2 years ago
20 Sep 2024 - As expected, the Bank of England held rates steady at 5% during its meeting on Thursday, despite some enthusiastic traders attempting to promote the idea of a rate cu…
Company News /
by Glenn Dyer -
2 years ago
19 Sep 2024 - Shareholders in Suncorp (ASX:SUN) will soon vote on a massive multi-million dollar pre-Christmas present—the sale of their bank to ANZ for $4.9 billion. However, the …
Company News /
by Glenn Dyer -
2 years ago
19 Sep 2024 - Shares in metals recycler Sims (ASX:SGM) jumped more than 10% at one point on Thursday, despite the company revealing a mixed trading update.
Company News /
by Glenn Dyer -
2 years ago
19 Sep 2024 - Bad news usually triggers a sell-off by nervous investors, and when it's delivered in the wake of an attention-grabbing half-percent rate cut by the world’s most impo…
Company News /
by Glenn Dyer -
2 years ago
19 Sep 2024 - A milestone on Thursday passed almost unnoticed – Australia’s population topped 27 million for the first time in the year leading up to March 31.
Company News /
by Glenn Dyer -
2 years ago
19 Sep 2024 - New Zealand's economy staggered slightly backward in the three months to June due to weak export growth, the timing of tobacco imports, and weak activity in much of t…
Company News /
by Glenn Dyer -
2 years ago
19 Sep 2024 - The US Federal Reserve took its rate-cutting lead from a cooling American jobs market, but on Thursday, there was no such guidance for the still inflation-nervous Res…
Company News /
by Glenn Dyer -
2 years ago
19 Sep 2024 - Equities jumped, then sagged, as did gold, as the seismometer of economic uncertainty played it safe following the Fed’s surprise half-per-cent cut in its Federal Fun…
Company News /
by Glenn Dyer -
2 years ago
19 Sep 2024 - The boosters got what they wanted from the Fed — a half a per cent rate cut straight up — and they could get another half a per cent by the end of 2024. However, this…
Company News /
by Glenn Dyer -
2 years ago
18 Sep 2024 - Global major Barrick Gold has revealed ambitious plans to boost gold output by 30% by the end of the decade, along with a significant (if belated) increase in its cop…
Company News /
by Glenn Dyer -
2 years ago
18 Sep 2024 - Being the world’s largest and fastest-growing market, it's natural that the daily news flow from China dominates globally. However, the news that Mercedes has abandon…
Company News /
by Glenn Dyer -
2 years ago
18 Sep 2024 - Ahead of tomorrow’s rate cut from the US Federal Reserve, global investors are excited about the first reduction in four years.
Company News /
by Glenn Dyer -
2 years ago
17 Sep 2024 - A near halving in earnings for New Hope Group (ASX:NHC) has led the coal exporter to slash its final and full-year dividends, reflecting a slump in global prices for …
