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Bank of England averts mini banking crisis with Metro Bank bailout

09 Oct 2023 - The Bank of England appears to have successfully averted a potential mini banking crisis by arranging a bailout for Metro Bank in Britain.

Stocks of the Hour: Radiopharm Theranostics, Talon Energy, Azure Minerals

09 Oct 2023 - A snapshot of the stocks on the move, featuring Radiopharm Theranostics (ASX:RAD), Talon Energy (ASX:TPD) and Azure Minerals (ASX:AZS).

Strong jobs data and mixed sentiments in US markets

09 Oct 2023 - After Friday's surprisingly strong jobs data for September, another test for US market sentiment and momentum awaits this week with the release of September's consume…

Chinese economy in focus: Key data and global events this week

09 Oct 2023 - The health of the Chinese economy is back in the spotlight this week as the country emerges from its week-long holiday break.

American Q3 earnings season preview: Banks and beyond

09 Oct 2023 - America's third-quarter earnings season kicks off this week, and by week's end, there should be more than a hint of what to expect in six weeks when reporting wraps u…

Investor sentiment surges despite strong US jobs report and rising bond yields

09 Oct 2023 - The perverseness of investors was once again underscored on Friday by their positive reaction to the much stronger US jobs report for September, a rise in bond yields…

Global oil prices surge amidst middle east tensions

09 Oct 2023 - Global oil prices are expected to rise on Monday morning following a shocking attack by the Hamas terrorist group in southern Israel.

Australia placed to ride out lithium downturn

10 Oct 2023 - So how is Australia placed as lithium prices show no sign of halting their 2023 slide?

Bloom gone off copper

10 Oct 2023 - Everyone thinks that copper will boom in years to come - and yet its price has spent most of 2023 slowing sagging.

Stocks of the Hour: Haranga Resources, Green Technology Metals, Talga Group

06 Oct 2023 - A snapshot of the stocks on the move, featuring Haranga Resources (ASX:HAR), Green Technology Metals (ASX:GT1) and Talga Group Ltd (ASX:TLG).

Metro Bank low on funds

06 Oct 2023 - The Financial Times reported Thursday that Metro bank needs at least 600 million pounds in new capital to survive.

Good early progress at Gwalia

05 Oct 2023 - Genesis Minerals (ASX:GMD) acquired the Leonora assets, primarily the Gwalia mine, from St Barbara in July after a months-long takeover process. The contribution for …

Solid FY24 start for Westgold Resources

05 Oct 2023 - Westgold Resources (ASX:WGX) reported a strong start to the 2023-24 financial year, with production data for the three months ending in September.

Stocks of the Hour: Vintage Energy, Rumble Resources, QX Resources, Dimerix, BluGlass

05 Oct 2023 - A snapshot of the stocks on the move, featuring Vintage Energy (ASX:VEN), Rumble Resources (ASX:RTR), QX Resources (ASX:QXR), Dimerix (ASX:DXB) and BluGlass (ASX:BLG)…

Exxon Mobil expects massive profit boost amidst soaring oil prices

05 Oct 2023 - In a filing with the US Securities and Exchange Commission ahead of its third-quarter report later this month, Exxon Mobil has signaled that oil companies, large and …

Newcrest shareholders to receive $1.58 per share in Newmont takeover

05 Oct 2023 - Shareholders in Newcrest Mining (ASX:NCM) will receive a fully franked special dividend of US$1.10 ($A1.58) per share as part of the takeover deal with Newmont.

Global lithium prices decline despite strong battery-powered vehicle sales

05 Oct 2023 - Despite ongoing record sales of battery-powered vehicles in China, the US, and Europe, lithium prices continue to slide globally due to falling prices and excess supp…

Oil prices dive on OPEC decision, dollar fluctuations, and inventory surprise

05 Oct 2023 - Despite a slight dip in the value of the US dollar, an OPEC vote to maintain its production cap, and an unusually bullish increase in US commercial oil stocks, global…

Fate of US markets rests on Moody's

04 Oct 2023 - It's not an overstatement to say that the fate of US financial markets, especially bonds and equities, lies squarely in the hands of credit rating group Moody's, whic…

RBNZ holds steady amid turmoil

04 Oct 2023 - Amid the turmoil on Wednesday, with a weakening Aussie dollar, a strong greenback, and weak gold, the Reserve Bank of NZ's decision to keep its official cash rate at …

Stocks of the Hour: Noxopharm, Redstone Resources, Lake Resources

04 Oct 2023 - A snapshot of the stocks on the move, featuring Noxopharm (ASX:NOX), Redstone Resources (ASX:RDS) and Lake Resources (ASX:LKE).

US electric vehicle to soar past 1.4 million units

04 Oct 2023 - US electric vehicle sales are poised to hit a record-breaking 1.4 million units or more by December, following a remarkable surge in the first three quarters of 2023.

September sell-off generates US$50 billion for short sellers

04 Oct 2023 - Short sellers who had bet against megacap technology stocks emerged as winners in September as a selloff in the sector unfolded.

Fortescue invests in green hydrogen unicorn

04 Oct 2023 - Twiggy Forrest's Fortescue has confirmed its involvement as one of the lead investors in the US start-up Electric Hydrogen's Series C funding round.

US 10-year bond yields reach 16-year high at 4.80%

04 Oct 2023 - On Tuesday, US 10-year bond yields surged to 4.80%, marking a new 16-year high. Investors, both large and small, were gripped by worry over rising interest rates, inc…

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