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Wall Street faces nervy week with dual sentiment test

11 Dec 2023 - It's going to be a nervy half-week ahead for Wall Street, with a rare twin sentiment tester to contend with: a monthly consumer inflation report and then a Fed meetin…

Commodity market update: Iron ore surges, thermal coal gains momentum

11 Dec 2023 - While gold slid, and oil again notched up a losing week, iron ore continued its charge higher, and thermal coal prices had their strongest week in months - both of wh…

Gold predictions for 2024

11 Dec 2023 - Last Monday, despite reaching all-time highs in Asian markets, gold prices finished the week down more than 3.3%, closing at approximately $2,004 an ounce for the Com…

Weekly market wrap: December 4th to December 7th

08 Dec 2023 - In a week filled with notable developments and market fluctuations, the Australian Securities Exchange (ASX) and global financial markets experienced significant shif…

Stocks of the Hour: Lincoln Minerals, OncoSil Medical, Avira Resources

08 Dec 2023 - A snapshot of the stocks on the move, featuring Lincoln Minerals (ASX:LML), OncoSil Medical (ASX:OSL) and Avira Resources (ASX:AVW).

Rio Tinto's 2023 mining advancements and green commitments

08 Dec 2023 - It has been a bustling end to 2023 for Rio Tinto (ASX:RIO). A new iron ore mine in the Pilbara, confirmation of progress on a significant iron ore mine in Guinea, and…

Electric vehicle bubble deflates as valuations plunge - what's next for the EV industry?

08 Dec 2023 - The electric vehicle (EV) industry, once riding high on optimism and sky-high valuations, has hit a roadblock as investors and car manufacturers reevaluate their stra…

China's weak trade figures raise economic concerns

08 Dec 2023 - China's latest set of weak trade figures on Thursday has heightened concerns about the strength of economic activity and the potential for further slowdown in 2024. H…

Global oil prices fall for sixth consecutive session

08 Dec 2023 - Global oil prices fell for a sixth straight session on Thursday, with the declines amounting to just a few cents. Some traders now believe that the selling pressure h…

China's November trade report reveals economic struggles

07 Dec 2023 - A weak trade report for November, especially concerning imports, confirms the ongoing challenges in the country's economy almost a year after hopes of a post-Covid ec…

Stocks of the Hour: Tamboran Resources, Invictus Energy, Blaze Minerals, Elixir Energy

07 Dec 2023 - A snapshot of the stocks on the move, featuring Tamboran Resources (ASX:TBN), Invictus Energy (ASX:IVZ), Blaze Minerals (ASX:BLZ) and Elixir Energy (ASX:EXR).

Fonterra raises earnings forecast amidst global price surge

07 Dec 2023 - Fonterra (ASX:FSF), the world's largest producer and exporter of dairy products, has increased its earnings forecast and expected payments to New Zealand farmer custo…

Perpetual rejects Soul Pattinson's offer

07 Dec 2023 - Perpetual (ASX:PPT) has rejected Washington H. Soul Pattinson's (ASX:SOL) all-paper offer, which includes no cash.

Government spending and defense support amid slower Australian growth

06 Dec 2023 - Increased government spending on energy and childcare rebates, investment, and defense spending kept the Australian economy afloat in the three months to September, e…

Chemist Warehouse to take over Sigma Healthcare in backdoor listing

06 Dec 2023 - Sigma Healthcare is expected to announce a major transaction today, which will result in a backdoor listing by the privately-owned pharmacy giant, Chemist Warehouse, …

Evolution Mining shares fall 14% on Northparkes purchase funding

06 Dec 2023 - Shares in Evolution Mining (ASX:EVN) plummeted by 14% on Wednesday after trading resumed following a halt. The halt was to facilitate the company's efforts to raise $…

Stocks of the Hour: Latin Resources, Lanthanein Resources, Noble Helium

06 Dec 2023 - A snapshot of the stocks on the move, featuring Latin Resources (ASX:LRS), Lanthanein Resources (ASX:LNR) and Noble Helium (ASX:NHE).

Rio Tinto sets $6.2 billion price for Simandou iron ore deposit in Guinea

06 Dec 2023 - Rio Tinto (ASX:RIO) has placed a $6.2 billion price tag on its share of developing the Simandou iron ore deposit in the African country of Guinea.

Apple's market value surpasses $3 trillion mark

06 Dec 2023 - Apple's market value surged past $3 trillion for the first time in four months on Tuesday as Apple shares gained 2% to reach $193.42. Despite reducing its shares thro…

Moody's downgrades China's sovereign credit outlook to negative

06 Dec 2023 - Moody’s Investors Service has downgraded its outlook on China’s sovereign credit rating to negative.

Australian Q3 GDP forecast faces weakening as current account deficit rises

06 Dec 2023 - The chances of today's Australian third-quarter GDP coming in weaker than forecast rose on Tuesday, with the country seeing a near $8 billion plunge in its current ac…

Worried Russia watches as global oil prices slide further

06 Dec 2023 - Global oil prices continued to decline on Tuesday, causing more concern for Russia. US crude prices reached their lowest levels since mid-year, hovering at around $72…

RBA leaves cash rate at 4.35%

05 Dec 2023 - The Reserve Bank of Australia has announced its decision to keep the cash rate unchanged at 4.35 per cent in its final policy meeting for the year.

Stocks of the Hour: Atlas Pearls, Adavale Resources, Horizon Minerals

05 Dec 2023 - A snapshot of the stocks on the move, featuring Atlas Pearls, Adavale Resources and Horizon Minerals.

Rio Tinto to invest over half a billion dollars in Pilbara iron ore mine

05 Dec 2023 - Rio Tinto has announced plans to spend over half a billion dollars on exploration and other activities for its upcoming anchor iron ore mine in the Pilbara region, en…

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