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No rate cut, but no increase

19 Mar 2024 - No rate cut from the RBA on Tuesday and no increase as well -- the cash rate remains at 4.35 per cent for as long as the central bank thinks it is needed to cool infl…

Magmatic to use funds to restart exploration at Wellington North

19 Mar 2024 - A day after the placement and substantial shareholding notice showing a 19.9 per cent stake emerged from Fortescue (ASX:FMG), Magmatic Resources (ASX:MAG) has given t…

New Hope hurt by decline in coal prices

19 Mar 2024 - As forecast, after a mixed first half production and pricing report, coal miner New Hope Corporation (ASX:NHC) suffered a 62.4 per cent drop in its first-half profit,…

Stokes' bid for Boral hits road bump

19 Mar 2024 - Kerry Stokes’ Seven Group Holdings (ASX:SVW), hoping for an easy mop-up bid for the rest of Boral (ASX:BLD), has hit heavy going with the target company telling share…

KMD Brands takes a dive

19 Mar 2024 - Kiwi-based sportswear retailer KMD Brands (ASX:KMD) has confirmed the weak guidance issued a month ago for a slump in sales and a big loss for the half year to the en…

Stocks of the Hour: Cyclopharm, lonic Rare Earths, Metals Acquisition

19 Mar 2024 - A snapshot of the stocks on the move, featuring Cyclopharm (ASX:CYC), lonic Rare Earths (ASX:IXR) and Metals Acquisition (ASX:MAC).

Chinese Authorities begin property crackdown with Evergrande Management accused of fraud

19 Mar 2024 - China's property crackdown has started with reports on Monday night that the government has accused broken giant, Evergrande of what amounts to an US$80 billion fraud…

Bond yields edge higher as traders see less chance of rate cuts

19 Mar 2024 - US Treasury bond yields rose on Monday afternoon as bets for a June rate from the Fed dipped below 50%.

Stronger than expected Chinese Industrial Production & Retail Sales surprise

19 Mar 2024 - If anything, China’s economy struggled to maintain momentum in January-February, despite a return to consumer price inflation (not deflation), stronger imports and ex…

Strong Chinese Industrial Production pushes iron ore back above $100 per tonne

19 Mar 2024 - A slightly better than expected performance by China’s steel industry in January and February and more positive data on industrial production for the same period, saw…

China exceeds growth expectations

18 Mar 2024 - China's economic performance in the initial months of the year has surpassed expectations, as indicated by recent data released by the National Bureau of Statistics.

Iron ore rebounds above US$100 a tonne

18 Mar 2024 - Iron ore prices exhibited a volatile swing, hovering close to $US100 a tonne, against the backdrop of imminent data from China that could potentially unveil further f…

Robust indicators from China, oil prices climb

18 Mar 2024 - Oil prices experienced an uptick following a notable weekly surge, fueled by a combination of robust macro-economic indicators from China and heightened geopolitical …

DOE allocates $750M to advance 'clean' hydrogen technology

18 Feb 2024 - The Department of Energy (DOE) has unveiled a significant investment of $750 million in research and development aimed at bolstering "clean" hydrogen technology. This…

Core Lithium's cloudy future

18 Mar 2024 - It was a sorry set of half-year figures from Core Lithium (ASX:CXO) last week, confirming that the company’s future remains very clouded.

Rainfall affects Regis Resources, Capricorn Metals, and Gold Road

18 Mar 2024 - Regis Resources (ASX:RRL), along with Capricorn Metals and Gold Road, has revealed setbacks to planned production due to last week’s record rainfall in parts of the W…

MinRes acquires plant for lithium processing

18 Mar 2024 - Perth-based Mineral Resources (ASX:MIN) will spend up to $15 million buying Poseidon Nickel's Lake Johnston nickel concentrator plant and mining rights, using it as t…

Stocks of the Hour: dorsaVi, Celsius Resources, Metarock Group

18 Mar 2024 - A snapshot of the stocks on the move, featuring dorsaVi (ASX:DVL), Celsius Resources (ASX:CLA) and Metarock Group (ASX:MYE).

Mixed commodity performance

18 Mar 2024 - Gold trailed behind as oil surged and iron ore declined sharply, while copper saw an increase. Nickel and zinc also had a noteworthy week.

Mixed start for ASX trading amid central bank meeting anticipation

18 Mar 2024 - A negative start for trading on the ASX today (Monday) after a small dip in the futures market on Friday, which came on top of a ‘red’ session earlier in the day and …

Inflation fears hit Wall Street ahead of Fed meeting

18 Mar 2024 - The S&P 500 fell on Friday, marking its second-straight weekly loss, as weak technology stocks, inflation concerns, higher interest rates, and the upcoming Fed meetin…

Critical central bank meets highlight significant week ahead

18 Mar 2024 - This week is poised to be one of the most significant for central bank meetings in years. The Reserve Bank, the US Federal Reserve, the Bank of Japan, and the Bank of…

Diverging metal markets

18 Mar 2024 - Late last week, conflicting price movements were observed in two key industrial metals, with China serving as the common link. Copper surged to multi-month highs whil…

US real estate industry undergoes 'Big Bang' transformation

18 Mar 2024 - In a move with global ramifications, the massive US home buying and selling industry has just experienced a seismic shift akin to the deregulatory explosions in finan…

Insights into China's lithium and renewable markets

15 Mar 2024 - For all you data-driven souls with investments in lithium and other renewables, here's intriguing data on China's lithium production and processing sectors.

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