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Unpredictable business inventories and their impact on GDP growth

04 Mar 2024 - Business inventories wield considerable influence over GDP growth, often introducing unpredictability into economic forecasts.

Home building dips to 11-year low

04 Mar 2024 - Home building has begun 2024 weakly. According to January approvals figures from the ABS released on Monday, they dropped to their lowest monthly level in 11 years.

Foreign bids surge for Australian companies

04 Mar 2024 - Foreign bids for Australian companies continue to surge, with significant offers on the table. Saint-Gobain has bid $4.3 billion for CSR, while Japan's Renesas propos…

Stocks of the Hour: Lake Resources N.L, Genex Power, St Barbara

04 Mar 2024 - A snapshot of the stocks on the move, featuring Lake Resources N.L. (ASX:LKE; OTC:LLKKF), Genex Power Limited (ASX:GNX) and St Barbara (ASX:SBM).

China's tightening security laws

04 Mar 2024 - China's National Congress this week will consider a new law that will make it next to impossible for economists, journalists, analysts, or researchers, let alone fore…

Saudi Arabia extends production cap until June

04 Mar 2024 - As expected, Saudi Arabia will try to maintain upward pressure on oil prices by extending its production cap until the end of June. The Saudi government’s news agency…

Australia's economic outlook: February wrap-up and March projections

04 Mar 2024 - Back to the economy this week in Australia, after being absorbed in February by the December reporting season here and in the US, especially the rise in AI-related st…

Key events in global markets this week: Focus on US jobs report

04 Mar 2024 - While the December quarter national accounts and GDP numbers will dominate local markets this week, even that important data will take a backward seat to the February…

Three US companies surpass $2 trillion market value mark

04 Mar 2024 - Three prominent US companies have recently surpassed the remarkable milestone of a $2 trillion market value each. This achievement underscores their significant influ…

Iron ore prices drop amid concerns over Chinese economy and annual congress meeting

04 Mar 2024 - Iron ore prices slid to four-month lows in Asian markets on Friday, setting up another weak start for the sector Monday morning and warning that the weak state of act…

New lease of life for Arizona Copper Mine project

04 Mar 2024 - Quietly, an American appeals court has given a new lease of life to the chances of a new copper mine in Arizona, promoted by Rio Tinto and BHP for years. However, the…

Stocks of the Hour: Chariot Corporation, Hexagon Energy Materials, European Lithium

01 Mar 2024 - A snapshot of the stocks on the move, featuring Chariot Corporation (ASX:CC9), Hexagon Energy Materials (ASX:HXG) and European Lithium (ASX:EUR, FRA:PF8, OTC:EULIF).

Will BlueScope muscle in on South32's deal?

01 Mar 2024 - The steelmaker is the major customer for the high-quality coking coal from the mine, and under its current contract, it has a first right of refusal should the mine b…

Chile's SQM can't escape slide in lithium prices

01 Mar 2024 - Chile's SQM, the world's second-largest lithium producer, couldn't escape the impact of the 80%-plus slide in world prices for the metal over 2023.

Private sector investment soars to eight-year highs

01 Mar 2024 - Investment by the private sector is now at eight-year highs, with projections indicating further acceleration in the 2024-25 financial year starting July 1.

Retail sales rebound despite seasonal shifts

01 Mar 2024 - Recent updates from retailers suggest a rebound in retail sales in January, following a significant fall in December. The dip in December was attributed to shoppers' …

Trump faces financial pressure amid legal challenges

01 Mar 2024 - Former President Donald Trump finds himself in a precarious financial position as he confronts mounting legal challenges. The latest setback stems from a New York fra…

US inflation at 2.4% in January raises expectations for Fed rate cuts

01 Mar 2024 - US inflation fell to 2.4% in the year to January, according to the measure most closely watched by the Federal Reserve.

Stocks of the Hour: Ardea Resources, Thor Energy, Helix Resources

29 Feb 2024 - A snapshot of the stocks on the move, featuring Ardea Resources (ASX:ARL), Thor Energy (ASX:THR) and Helix Resources (ASX:HLX).

Ramsay Healthcare: Once-off windfall, but challenges persist

29 Feb 2024 - In the interim results of Ramsay Healthcare (ASX:RHC), while the sale of its Asian private hospitals joint venture provided a substantial one-off profit, the broader …

Mosaic Brands sees turnaround

29 Feb 2024 - Underperforming women’s wear retailer Mosaic Brands (ASX:MOZ) regards the six months to December as a 'turning point' for the embattled group.

South32 agrees to $US1.65 billion sale of Illawarra Metallurgical coal mine

29 Feb 2024 - South32 (ASX:S32) has agreed to sell its Illawarra Metallurgical Coal mine and processing plant, located south of Sydney, to Indonesian and Australian buyers for up t…

Harvey Norman's profit slumps

29 Feb 2024 - A slide in sales and profits was always on the cards after the retailer provided updates in recent months about the sales performance in what was a tough six months t…

Chinese property giants face liquidation threat

29 Feb 2024 - First, it was Evergrande, broke in 2021 and ordered liquidated in early 2024 with well over $US300 billion in debt. On Wednesday, it was the turn of its big rival, Co…

Reserve Bank of NZ holds steady at 5.5% OCR amid inflation concerns

29 Feb 2024 - As expected, the Reserve Bank of NZ has kept its official cash rate steady at 5.5%, showing little indication of imminent easing.

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