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Iron ore market insights

01 Jul 2024 - Global iron ore prices ended the 2023-24 financial year with a reasonable 11% gain.

Whats the outlook for commodities?

01 Jul 2024 - Gold dominated, reaching a record of $US2,454 an ounce on Comex in May, closing the month, quarter, and half-year at $US2,336.98—an increase of 0.06% for the week, do…

Current developments and future prospects in the global EV market

01 Jul 2024 - This week will see some important data and decisions emerge that will tell us a lot about the health of the global EV market and the strength of the auto transition.

Key events and data releases for early July 2024

01 Jul 2024 - Happy new financial year in Australia, and happy new quarter elsewhere. There is more drama from the French elections on Sunday and the UK polls this Thursday.

Oil prices face uncertainty amid geopolitical tensions

01 Jul 2024 - Oil prices start the new month, quarter, and financial year today on the back foot after a soft end to June.

Narrow gains drive Wall Street's solid first half

01 Jul 2024 - And now there are five, the so-called Magnificent Seven having dropped a couple of amigos on the way to driving Wall Street to a 14% plus gain in the six months to Ju…

US economic growth slows in Q1 2024

27 Jun 2024 - The slowdown in US economic growth in the first months of the year was confirmed overnight Thursday by the third and final estimate of GDP for the March quarter.

ANZ's acquisition of Suncorp's banking arm approved by Federal Treasurer

27 Jun 2024 - Federal Treasurer Jim Chalmers has approved ANZ's (ASX:ANZ) purchase of Suncorp’s (ASX:SUN) banking arm for $4.9 billion.

Ramelius Resources expands stake in Spartan Resources

27 Jun 2024 - Ramelius Resources (ASX:RMS) continues its patient expansion in the WA gold industry, putting a medium-sized boot on smaller rival Spartan Resources.

Australian job vacancy trends in May 2024

27 Jun 2024 - Job vacancy data for May support explanations about the continuing strength of the Australian labour market.

Lynas to invest $25 million in expanding rare earth product line

27 Jun 2024 - Lynas (ASX:LYC) is going to spend around $US25 million adding a new stream of rare earth products to the range produced at its Malaysian operation.

US Federal Reserve stress tests

27 Jun 2024 - The US Federal Reserve has given the country’s biggest banks, including some big regionals and credit card operators, a clean bill of health in its latest stress test…

Southern Cross Media Group declines proposal to acquire regional newspapers from ACM

27 Jun 2024 - Southern Cross Media Group (ASX:SXL) has walked away from the attempt by the unlisted Australian Community Media to rid itself of some of the biggest regional newspap…

Surprise 4% inflation reading sparks uncertainty and rate rise predictions in Australia

27 Jun 2024 - So, what’s the fallout from the surprise 4% annual reading of monthly inflation from the Australian Bureau of Statistics? There was the usual ‘rate rise looms’ knee-j…

Stocks of the Hour: Actinogen Medical, De Grey Mining, Cooper Metals

26 Jun 2024 - A snapshot of the stocks on the move, featuring Actinogen Medical (ASX:ACW), De Grey Mining (ASX:DEG) and Cooper Metals (ASX:CPM).

Struggling Star Entertainment appoints Steve Mccann as CEO

26 Jun 2024 - Star Entertainment (ASX:SGR), the struggling Sydney-based casino group, seems to have a more positive future with the confirmation of a much-tipped CEO, Steve McCann.

Warren Buffett's Berkshire Hathaway reduces stake in Chinese EV giant BYD

26 Jun 2024 - For the second time this month, Warren Buffett’s Berkshire Hathaway has cut its holding in Chinese EV and battery giant BYD.

Tesla Cybertruck faces fourth recall amid disappointing sales

26 Jun 2024 - The Tesla Cybertruck EV costs around $100,000 USD and is a sales sluggard, according to data from the US government.

Volkswagen surprises market with $1 billion stake in Rivian

26 Jun 2024 - Volkswagen has sprung a major surprise by acquiring a $1 billion stake in the struggling U.S. EV maker Rivian, making the German giant the latest major company to par…

Mixed signals from iron ore

26 Jun 2024 - Buried in the production data from China’s National Bureau of Statistics for May were a couple of data points that tell different stories about the health of China’s …

Alkane Resources unveils ambitious five-year plan

25 Jun 2024 - Two weeks after issuing a downgrade, Alkane Resources (ASX:ALK) has followed through on a promise to release a new five-year development plan for its Tomingley gold m…

Pavel Tyka's bid for Coronado Global Resources falters

25 Jun 2024 - Billionaire Czech businessman Pavel Tykac's plan to buy a controlling stake in Australian-US coal miner Coronado Global Resources has collapsed. His family investment…

EZZ Life Science targets US expansion

25 Jun 2024 - EZZ Life Science Holdings (ASX:EZZ) has set its sights on the lucrative US market after securing regulatory clearance from the United States Food and Drug Administrat…

Stocks of the Hour: Helix Resources, TMK Energy, QX Resources

25 Jun 2024 - A snapshot of the stocks on the move, featuring Helix Resources (ASX:HLX), TMK Energy (ASX:TMK) and QX Resources (ASX:QXR).

Collins Foods sees strong 2023-24 performance

25 Jun 2024 - Shares in the fast food chain operator Collins Foods (ASX:CKF) jumped 10% to $10.30 on Tuesday after the company lifted its dividend following a very solid revenue an…

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