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Stocks of the Hour: Pearl Gull Iron, Tempus Resources, South Harz Potash

14 Jun 2024 - A snapshot of the stocks on the move, featuring Pearl Gull Iron (ASX:PLG), Tempus Resources (ASX:TMR) and South Harz Potash (ASX:SHP).

Chinese NEV sales rebound despite impending EU tariffs

14 Jun 2024 - Ahead of Wednesday's news that the European Commission will impose varying tariff levels on imports of Chinese battery-powered cars, the latest industry figures show …

IEA warns of impending global oil glut

14 Jun 2024 - A stark warning from the International Energy Agency (IEA) indicates that the surge in oil production in the US will lead to a significant glut in global markets much…

Apple reclaims top spot as most valuable company globally

14 Jun 2024 - Apple has finally regained the top position as the most valuable company globally.

The Fed's rate cute dilemma

14 Jun 2024 - As clever economists, analysts, and others try to determine when the one rate cut by the US Federal Reserve will occur this year, they should keep in mind that we are…

Musks $56 billion pay package approved by shareholders

14 Jun 2024 - Tesla shareholders approved CEO Elon Musk’s substantial share pay package, but it will still be decided by a court in Delaware, even though shareholders also voted to…

Sigma Healthcare shares drop amid ACCC concerns

14 Jun 2024 - Sigma Healthcare (ASX:SIG) shares fell more than 9% at one stage on Thursday after its proposed $8.8 billion merger with the massive Chemist Warehouse encountered pot…

US dollar surge sends precious metals lower

14 Jun 2024 - Gold, copper and sliver fell Thursday after the US dollar bounced higher. Oil was also easier but iron ore rose.

Chilwa named 2023 ASX IPO of the Year

14 Jun 2024 - Sequoia Financial Group (ASX:SEQ) has confirmed that Sequoia Corporate Finance (SCF) a 100% owned subsidiary of Sequoia acted as sole lead manager to the Initial Publ…

Strong May jobs data

13 Jun 2024 - There were no signs of weakness in the May jobs data, with nearly 40,000 new jobs, a small fall in unemployment, a drop in the jobless rate, and continuing high level…

Stocks of the Hour: Pacific Nickel Mines, Elementos, Perpetual Resources

13 Jun 2024 - A snapshot of the stocks on the move, featuring Pacific Nickel Mines (ASX:PNM), Elementos (ASX:ELT) and Perpetual Resources (ASX:PEC).

ACCC raises competition concerns over Sigma Healthcare and Chemists Warehouse merger

13 Jun 2024 - The competition regulator, the ACCC, has raised questions about the planned $8.8 billion backward merger between Sigma Healthcare and Chemists Warehouse, citing ‘comp…

EU imposes varied tariffs on Chinese EV imports

13 Jun 2024 - As widely expected, the European Union will impose significant tariffs on imports of Chinese battery-powered EVs. However, the tariffs will not be uniform and will va…

Apple surpasses Microsoft as world's most valuable company

13 Jun 2024 - The great Apple charge continued Wednesday, with the company’s market value topping Microsoft’s for a while during trading, regaining the mantle as the world’s most v…

Fed maintains rates amid surprising inflation data

13 Jun 2024 - In an action-packed day, US inflation in May cooled slightly. The US Federal Reserve then held rates steady at its meeting but reduced the number of rate cuts it proj…

Magmatic Resources and Fortescue Metals announce joint venture

12 Jun 2024 - In March, Magmatic Resources (ASX:MAG) announced a joint venture with Fortescue (ASX:FMG) for the Myall copper-gold prospect in central western NSW.

Cost pressures diverge in China and Japan

12 Jun 2024 - Ahead of the US inflation data and the Fed interest rate decision tonight and early tomorrow respectively, cost pressures continue to show different outcomes in two o…

Stocks of the Hour: Reach Resources, Nico Resources, Global Lithium Resources, INOVIQ

14 Jun 2024 - A snapshot of the stocks on the move, featuring Reach Resources (ASX:RR1), Nico Resources (ASX:NC1), Global Lithium Resources (ASX:GL1) and INOVIQ (ASX:IIQ).

Evolution Mining faces production challenges

12 Jun 2024 - For the second quarter in a row, wet weather and seismic problems have cut Evolution Mining’s (ASX:EVN) gold output.

Copper boomlet deflates amid rising inventories

12 Jun 2024 - The boomlet in copper was again deflated on Tuesday, with London Metal Exchange prices and Comex futures prices in New York touching their lowest levels in seven week…

Apple's AI leap

12 Jun 2024 - Apple has made fools of all those investors, analysts, and others who had been chiding it (and stronger) for falling behind in AI - its big launch Monday was "underwh…

Bain's Bid and Bapcor's share saga

12 Jun 2024 - Interesting how the Bapcor (ASX:BAP) share didn’t get near the $5.40 trailed by Bain and Co in one of those airy-fairy non-binding indicative, perhaps-we-might-make-a…

French Giant Saint-Gobain set to absorb CSR

12 Jun 2024 - CSR is set to be absorbed by the French giant Saint-Gobain after the Foreign Investment Review Board okayed the $4.3 billion offer for the local building products gro…

Stocks of the Hour: Bapcor, Summit Minerals, DY6 Metals

11 Jun 2024 - A snapshot of the stocks on the move, featuring Bapcor (ASX:BAP), Summit Minerals (ASX:SUM) and DY6 Metals (ASX:DY6).

Alkane Resources faces gold production setback

11 Jun 2024 - Alkane Resources (ASX:ALK) surprised on Tuesday with a downgrade of its 2023-24 gold production and cost estimates for its Tomingley mine, even though the shares fail…

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