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Stocks of the Hour: Peppermint Innovation, Great Boulder Resources, Infini Resources

25 Sep 2024 - A snapshot of the stocks on the move, featuring Peppermint Innovation Ltd (ASX:PIL), Great Boulder Resources (ASX:GBR) and Infini Resources (ASX:I88).

Premier Investments pivots from demerger plans to Myer deal

25 Sep 2024 - Now it's down to talks with Myer (ASX:MYR) as Solomon Lew’s Premier Investments goes cold on its demerger idea of spinning off its successful Smiggle and Peter Alexan…

Macquarie Bank fined $5 million for market manipulation failures

25 Sep 2024 - A major embarrassment for Macquarie Group (ASX:MQG) and its Macquarie Bank came from a significant reprimand by markets regulator, ASIC.

Gold prices near record highs amid geopolitical tensions and Fed rate cuts

25 Sep 2024 - New records for gold were set for a second day this week, with prices getting awfully close to the $US2,700 level for the most active December contract.

ASX banks slide as RBA holds rates steady

24 Sep 2024 - So, which was the more logical reaction from ASX investors yesterday?

China's monetary manoeuvering

24 Sep 2024 - China has given countries like Australia a lot to ponder with its latest monetary policy easing.

Beston Global collapse: Administrators investigate sudden downfall

24 Sep 2024 - Administrators have begun probing why the South Australian dairy group, Beston Global Food Company (ASX:BFC), went bust this week.

Cettire shares skyrocket

24 Sep 2024 - An auditor’s tick was worth hundreds of millions of dollars on Tuesday to shareholders in Cettire (ASX:CTT), the controversial online luxury goods operator.

RBA leaves rates unchanged at 4.35%

24 Sep 2024 - The Reserve Bank left rates on hold for another month and maintained its anti-inflation stance at its latest meeting on Monday and Tuesday.

Stocks of the Hour: Element 25, American Rare Earths, Stelar Metals

24 Sep 2024 - A snapshot of the stocks on the move, featuring Element 25 (ASX:E25), American Rare Earths (ASX:ARR) and Stelar Metals (ASX:SLB).

South32 secures US government grant for manganese project

24 Sep 2024 - Mining giant South32 (ASX:S32) has become another Australian company to receive a renewable industry grant from the US Government.

REA's misunderstanding of takeover dynamics

24 Sep 2024 - Somehow, News Corp’s 61% subsidiary, REA Group (ASX:REA), doesn’t quite understand that takeover targets are under no obligation to engage with an indicative bidder. …

China's central bank introduces minor rate cut amid economic slowdown

24 Sep 2024 - China's central bank has implemented yet another minor market rate cut that will have no significant impact on the economy's sluggish growth.

Fletcher Building's $NZ700 million capital raising

24 Sep 2024 - Recent stock market bids and deals seem to have made it easier for troubled Kiwi building products giant, Fletcher Building (ASX:FBU), to convince big investors to co…

Coles and Woolworths shares plunge amid ACCC misleading pricing allegations

24 Sep 2024 - Coles (ASX:COL) and Woolworths (ASX:WOW) shares fell by more than 3% yesterday following the ACCC's bombshell announcement of legal action against the supermarket gia…

UniCredit escalates pursuit of Commerzbank with increased stake

24 Sep 2024 - How very un-European! Italy’s UniCredit banking group has been stalking Germany’s second-largest bank, Commerzbank, and getting nowhere, with Germany Inc. starting to…

Stocks of the Hour: Amplia Therapeutics, Wellard, Anax Metals

23 Sep 2024 - A snapshot of the stocks on the move, featuring Amplia Therapeutics (ASX:ATX), Wellard (ASX:WLD) and Anax Metals (ASX:ANX).

ACCC takes action against Woolworths and Coles over misleading pricing claims

23 Sep 2024 - For months now, major retail chains Woolworths (ASX:WOW) and Coles (ASX:COL), along with business groups, media, and analysts, have denied any allegations of price go…

Fletcher Building seeks NZ$700 million to boost financial stability

23 Sep 2024 - Trans-Tasman building products giant Fletcher Building (ASX:FBU) has confirmed weekend reports that it is looking to raise NZ$700 million (A$641 million) to reduce de…

Rightmove rejects REA Group's sweetened takeover bid

23 Sep 2024 - UK property listings and services company Rightmove has said "no" for a second time to a new non-binding offer from News Corp’s REA Group.

Wall Street's mixed signals: Gains for Dow amid economic concerns

23 Sep 2024 - A dirty finish for Wall Street on Friday saw a gain for the day for the Dow and a record, but small blobs of red ink for the S&P 500 and Nasdaq as more investors took…

Chinese economic woes shake global auto industry

23 Sep 2024 - Bad news about the health of the Chinese economy continues to rattle global car companies, especially Germany’s biggest—VW, BMW, and Mercedes.

Fed stands alone: Major rate cut highlights divergence from global banks

23 Sep 2024 - So, how did the big week for central banks go? Well, China didn’t cut, Japan sat it out, but with a rate rise looming, the Bank of England was steady — leaving the Fe…

Gold hits new record amid Fed rate cut

23 Sep 2024 - Another record for gold was set on Friday, with no sign of second thoughts about the benefits of the Fed’s significant rate cut among its supporters, unlike in equiti…

Oil prices rebound amid Fed rate cuts and geopolitical tensions

23 Sep 2024 - Oil prices rebounded last week, not just because the Federal Reserve cut rates, but also due to a combination of a reduction in supply, a tropical storm along parts o…

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