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Gonneville proving to be one almighty find for Chalice

18 Jul 2022 - Thanks to more drilling in the past seven months, Gonneville – the world’s biggest nickel sulphide discovery this century – has grown in size, along with the amount o…

Full electric press continues for Volkswagen

18 Jul 2022 - More details of VW’s EV-battery ambitions emerged this week with the company starting work on its own gigafactory in Germany – the first of up to half a dozen similar…

Ore numbers hold for now but cliff beckons for Rio

18 Jul 2022 - Rio Tinto is maintaining full year guidance for its iron ore production and exports after a solid June quarter performance but it is facing a sharp fall in earnings f…

Stocks of the Hour: Rio Tinto, Michael Hill, WiseTech

15 Jul 2022 - A snapshot of the stocks on the move featuring, Rio Tinto (ASX:RIO), Michael Hill (ASX:MHJ), and WiseTech (ASX:WTC).

Will weak commodity prices cool hot producer prices?

15 Jul 2022 - The US dollar jumped to a fresh 20-year high as investors bought into the greenback in a flight to safety. Consumer inflation is accelerating faster than producer inf…

Tough June quarter for the Morgans

15 Jul 2022 - As expected, big US banks JPMorgan Chase and Morgan Stanley delivered on weaker second quarter earnings on weak dealmaking revenues, higher loan loss reserves and oth…

Aurizon Rail One deal still on track after ACCC tick

15 Jul 2022 - The ACCC says it will not oppose the proposed $2.35 billion purchase of One Rail by ASX-listed rail giant Aurizon after accepting a court-enforceable undertaking from…

Jobs data seals the deal for more rate hikes

15 Jul 2022 - Yesterday’s very strong June labour force data has made a rate increase certain when the Reserve Bank meets on August 2. It is now just a debate about the size – half…

Triple treat Thursday for Telstra

15 Jul 2022 - Thursday turned out to be a bit of a winning day for Telstra – in fact it got a three from three result.

Stocks of the Hour: Galan Lithium, Pilbara Minerals, Select Harvests, Data#3

14 Jul 2022 - A snapshot of the stocks on the move featuring, Galan Lithium (ASX:GAL), Pilbara Minerals (ASX:PLS), Select Harvests (ASX:SHV), and Data#3 (ASX:DTL).

Major crypto collapse sees app usage down 80%

14 Jul 2022 - Amid the current hostile market, resulting in a significant crypto bear run, the number of crypto smartphone application downloads within Australia has fallen up to 8…

Concerns mount as Bega blues continue

14 Jul 2022 - Since it provided a surprisingly weak trading update on April 20, shares in Bega Cheese have fallen 30% to Wednesday’s close of $3.55 because of fears it can’t recove…

US banks the canaries in the earnings coal mine

14 Jul 2022 - Second quarter profits at America's biggest banks are expected to fall sharply from a year earlier when they start reporting over the next few days.

Dearth of imports leads to record Chinese surplus

14 Jul 2022 - The continuing impact of Covid infections and lockdowns helped China report a record trade surplus of close to $US100 billion in June as exports did better but import…

Rolling rate rises continue for NZ, South Korea

14 Jul 2022 - Big rate rises Wednesday from two leading Asian central banks in South Korea and New Zealand.

Construction activity falls for 3rd quarter, June labour force figures ahead

13 Jul 2022 - Construction activity in Australia has tumbled for a 3rd straight quarter, according to the ABS. According to the HIA, the boom in building activity was linked to the…

Stocks of the Hour: KMD Brands, BNK Banking, Qantas, Regional Express

13 Jul 2022 - A snapshot of the stocks on the move featuring, KMD Brands (ASX:KMD), BNK Banking (ASX:BBC), Qantas Airways (ASX:QAN), and Regional Express (ASX:REX).

ANZ Bank (ASX:ANZ) confirms MYOB talks with KKR

13 Jul 2022 - Rumours around ANZ Bank (ASX:ANZ) being in talks with Kohlberg Kravis Roberts & Co (KKR) about a potential acquisition of MYOB were confirmed today.

Buy the rumour, sell the news, Gold hangs on, USD climbs, Bear market deepens, US CPI print looms

13 Jul 2022 - The size and scope of the message coming from the treasuries market keeps getting stronger. Overnight, the US 2-year and 10-year yield inverted for a 5th straight da…

Bump in earnings for Viva despite bowser wowser

13 Jul 2022 - The high petrol and diesel prices seem to be having a mixed impact on Viva Energy, the refiner and Shell brand retailer in Australia.

Turnaround continues as Eagers beavers away

13 Jul 2022 - Sometimes it’s hard to work out the thinking of Australian investors. Yesterday the country’s biggest car dealer Eagers Automotive revealed a further upgrade for its …

Three Arrows founders shoot through

13 Jul 2022 - The co-founders of failed crypto hedge fund Three Arrows Capital (3AC) appear to be on the run from creditors, according to court documents filed in New York late las…

BNPL: From hip and sizzle to Zip and Sezzle

13 Jul 2022 - The Buy Now Pay later mess got messier Tuesday when the ZIP – Sezzle merger fell apart and the market realised the Commonwealth Bank’s stake in European giant Klarna,…

Stocks of the Hour: Envirosuite, Stealth Global, Firefinch

12 Jul 2022 - A snapshot of the stocks on the move featuring, Envirosuite (ASX:EVS), Stealth Global (ASX:SGI), Firefinch (ASX:FFX)

Sezzle (ASX:SZL) and Zip Co (ASX:ZIP) abandon merger deal

12 Jul 2022 - Sezzle (ASX:SZL) and Zip Co (ASX:ZIP) have mutually agreed to abandon the deal to merge, effective immediately after signing it in February this year.

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