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Stocks of the Hour: Mako Gold, Labyrinth Resources, Perpetual Resources

13 Sep 2024 - A snapshot of the stocks on the move, featuring Mako Gold (ASX:MKG), Labyrinth Resources (ASX:LRL) and Perpetual Resources (ASX:PEC).

Silver soars 4.5% as gold reaches new heights

13 Sep 2024 - Believe it or not but gold futures are within $US15 of topping the $US2,600 mark as prices lurched upwards on Thursday.

ECB delivers another rate cut as economic growth slows

13 Sep 2024 - A second rate cut in Europe and one next week for the US - the pace of central bank policy easings is accelerating.

Nine CEO resigns amid workplace allegations

12 Sep 2024 - For the second time in five years, Nine Entertainment (ASX:NEC) has lost its CEO with the taint of non-financial issues hanging over the company.

China drives EV growth, Europe struggles

12 Sep 2024 - August was a good month for global electric vehicle sales, except in Europe.

Brickworks faces tough times ahead

12 Sep 2024 - Thursday, we learned about impairment losses from Brickworks and its 43% shareholder, Washington H Soul Pattinson, related to their brick-making and masonry businesse…

Stocks of the Hour: Locksley Resources, MTM Critical Metals, Battery Age Minerals

12 Sep 2024 - A snapshot of the stocks on the move, featuring Locksley Resources (ASX:LKY), MTM Critical Metals (ASX:MTM) and Battery Age Minerals Ltd (ASX:BM8).

Record-breaking ETF inflows continue amid market volatility

12 Sep 2024 - Global inflows into exchange-traded funds (ETFs) are on track to hit record highs this year, with investors continuing to pour money into the market despite volatilit…

Uranium mining stocks surge as Putin hints at export restrictions

12 Sep 2024 - Uranium mining and processing stocks, along with an exchange-traded fund, surged on Wednesday following a Reuters report that Russian President Vladimir Putin suggest…

CATL halts lithium production

12 Sep 2024 - CATL’s decision to suspend lithium production in Jiangxi has sent shares of major lithium producers soaring, following a prolonged price slump caused by overcapacity …

Star Entertainment secures $150 million lifeline amid financial struggles

12 Sep 2024 - Lenders to Star Entertainment (ASX:SGR) have reportedly offered an additional $150 million to help the struggling casino group survive a cash crunch caused by cost bl…

NextDC faces market volatility after $550 million equity issue

12 Sep 2024 - NextDC (ASX:NXT) was caught in a rush by investors eager to participate in its surprise $550 million equity issue to major shareholders on Tuesday night. However, by …

Chinese car sales decline despite surge in EV demand

12 Sep 2024 - The Chinese car industry is still struggling, even though sales of EVs remain solid, and giants like BYD have upgraded their 2024 sales and production estimates.

VW scraps labour deals amid plant closure plans

12 Sep 2024 - Volkswagen (VW) is preparing for a massive conflict with its unions after scrapping a series of agreements on Tuesday, less than a week after the company revealed it …

Newmont sells Telfer Mine and Havieron stake to Greatland

12 Sep 2024 - Twiggy Forrest’s privately-owned Wyloo Metals group will get its first taste of a major producing mine and high-quality prospect in Greatland Gold’s anticipated acqui…

Rightmove rejects REA Group's 5.6 billion offer

12 Sep 2024 - Rightmove, the UK property listings group, has rejected REA Group’s (ASX:REA) £5.6 billion ($A11.02 billion) cash and share offer.

Stocks of the Hour: DroneShield, Genetic Technologies, Cauldron Energy

11 Sep 2024 - A snapshot of the stocks on the move, featuring DroneShield Ltd (ASX:DRO), Genetic Technologies (ASX:GTG) and Cauldron Energy (ASX:CXU).

August gold ETF inflows hit record as markets wobble

11 Sep 2024 - In the midst of a volatile yen crisis, a global carry trade sell-off, and anticipation surrounding the Jackson Hole symposium, global physically-backed gold ETFs cont…

Newmont's first major asset sale

11 Sep 2024 - Newmont Mining (ASX:NEM) has taken a significant step in its strategy to divest non-core assets by agreeing to sell its Telfer mine and a 70% stake in the nearby Havi…

AngloGold's bid signals new wave of gold sector mergers

11 Sep 2024 - The much-anticipated wave of gold sector consolidation is finally gathering momentum. While some notable deals, such as Newmont’s $19 billion bid for Newcrest last ye…

Federal Reserve scales back capital requirements for major banks

11 Sep 2024 - The Federal Reserve has significantly scaled back its proposed increase in capital requirements for the largest U.S. banks following pushback from the banking industr…

APRA to phase out high-yield bank hybrids to ensure financial stability

11 Sep 2024 - Australian investors will no longer be able to invest in high-yielding, bank-issued hybrids after the key financial regulator, APRA, ruled that they posed a risk to t…

Brent crude drops as OPEC and EIA lower 2024 demand forecasts

11 Sep 2024 - Global oil prices slumped to multi-year lows on Tuesday in the wake of a cut by OPEC in its forecasts for this year and next, coupled with weak data from China.

MinRes slashes jobs and cuts costs amid $1.1 billion asset sale

11 Sep 2024 - Heavily indebted Mineral Resources (ASX:MIN) is slashing worker numbers and conditions at its WA mines and businesses as it receives FIRB approval to sell a 49% stake…

EU court orders Apple to pay 13 billion euros in back taxes to Ireland

11 Sep 2024 - Ouch! Hours after launching its new iPhone 16 and watch, along with other products, Apple has been hit by a shock court ruling in Europe, forcing it to pay €13 billio…