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Woolies announces sale of over half its holdings in Endeavour Group

01 May 2024 - Ahead of its third-quarter sales update on Thursday, Woolworths (ASX:WOW) has sprung a surprise by revealing the sale of more than half of its retained holding in the…

Will European Central Bank be first major central to cut rates?

01 May 2024 - The chances rose Tuesday that the European Central Bank will be the first major central bank to cut interest rates, as early as June. This comes after euro area infla…

Amazon results much better than expected

01 May 2024 - Business media got all excited about the quarterly results from Amazon, which were much better than expected. However, the outlook was weaker than expected for anothe…

April market recap

01 May 2024 - For markets, April was like a famous quote from Charles Dickens' A Tale of Two Cities - "it was the best of times, it was the worst of times" - starting with promise,…

HSBC reports significant updates

01 May 2024 - A newsy Tuesday for the global banking giant HSBC Holdings: it lost a CEO, who is retiring; revealed a dip in earnings for the three months to March 31; announced ano…

Turmoil at Bapcor as CEO quits

30 Apr 2024 - In an ominous sign, shares in the auto products group Bapcor (ASX:BAP) were halted on Tuesday ahead of a trading update, which is expected to outline sliding sales an…

Coles reports solid results

30 Apr 2024 - The March quarter saw a solid performance by Coles Group (ASX:COL), the country’s number 2 supermarket chain behind Woolworths.

IGO takes profit hit

30 Apr 2024 - Unlike lithium rivals such as Pilbara Minerals and Core Lithium, as well as Albemarle and SQM, Perth-based IGO (ASX:IGO) has not only survived another significant hit…

Australian retail sales falls 0.4% in March

30 Apr 2024 - Australian retail sales growth vanished when Taylor Swift flew out of Australia at the end of her seven-concert, two-week tour in February. March data from the Austra…

China's economy expands in April

30 Apr 2024 - As suspected by foreign economists, activity across the Chinese economy expanded in April, though at a slower rate than seen in March's rebound.

Stocks of the Hour: Sihayo Gold, Argent Minerals, Oceana Lithium

30 Apr 2024 - A snapshot of the stocks on the move, featuring Sihayo Gold (ASX:SIH), Argent Minerals (ASX:ARD) and Oceana Lithium (ASX:OCN).

Gold defies expectations

30 Apr 2024 - In the realm of investments, gold has long held a mystique, often viewed as a hedge against economic uncertainty. Despite the modern financial landscape, characterize…

Origin Energy's stake in Octopus Energy

30 Apr 2024 - Origin Energy’s (ASX:ORG) best investment isn’t in Australia – it's the 23% stake in Britain's Octopus Energy, which is going from strength to strength. In fact, Octo…

Boeing raises $10 billion in new debt amid financial challenges

30 Apr 2024 - Less than a week after revealing a near $US4 billion cash burn in the first three months of this year, embattled plane maker Boeing is raising $US10 billion in new de…

Financial pressures lead to closure of Ravensthorpe nickel mine

30 Apr 2024 - Growing financial pressures from the loss of its huge Panamanian copper mine have led Canada’s First Quantum Minerals to decide to close its Ravensthorpe nickel mine …

BYD's strong Q1 amidst China EV price war

30 Apr 2024 - Chinese EV maker BYD posted higher profit in the three months to March despite the intensifying price war in China and a surge in investment in new technologies. The …

Analysing the impact of weak business earnings on Australian banks

29 Apr 2024 - Will weak business earnings curb the results of the National Australia Bank (ASX:NAB) this week by adding to the existing pressure on its key measure, the net interes…

Stocks of the Hour: Lanthanein Resources, Orange Minerals, Aspire Mining

29 Apr 2024 - A snapshot of the stocks on the move, featuring Lanthanein Resources (ASX:LNR), Orange Minerals (ASX:OMX) and Aspire Mining (ASX:AKM).

Little Green Pharma continues to shine in a paddock of pot stock weeds

29 Apr 2024 - The uptake of medicinal cannabis products in Australia continues to boom, but most providers of the herbaceous material are not reaping the benefits because of oversu…

TPG Telecom to pay Optus for regional mobile infrastructure

29 Apr 2024 - TPG Telecom (ASX:TPG) will pay Optus about $1.17 billion to use its rival's mobile infrastructure in regional Australia, turning to the Singapore Telecommunications-o…

Star Entertainment shuffles leadership

29 Apr 2024 - Embattled casino owner Star Entertainment (ASX:SGR) has again shuffled the deck chairs at the very top of the company, with under-fire executive chair David Foster ex…

US economy booming

29 Apr 2024 - Last week, JPMorgan Chase CEO Jamie Dimon said the American economy was booming and consumer spending continued to be resilient.

Another solid week for copper

29 Apr 2024 - Another week of solid gains for copper, with prices rising to two-year highs on Friday.

Diary

29 Apr 2024 - A Fed meeting, the April jobs data for the US, some more major profits led by Amazon and Apple, two major bank results in Australia, worldwide surveys of economic act…

Another big week for earnings

29 Apr 2024 - Another big week ahead of us for US earnings (and for Australia, with two big banks on the list to reveal their profits and dividends).

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