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Reserve Bank of New Zealand hints at possible rate cut

10 Jul 2024 - The Reserve Bank of New Zealand has left its cash rate on hold at 5.50% but again hinted that a rate cut could be coming.

Stocks of the Hour: Infini Resources, Mako Gold, Elementos

10 Jul 2024 - A snapshot of the stocks on the move, featuring Infini Resources (ASX:I88), Mako Gold (ASX:MKG) and Elementos (ASX:ELT).

Booktopia faces bidding war as deadline nears

10 Jul 2024 - Booktopia (ASX:BKG), once a shining star on the ASX, now finds itself at the center of a fierce bidding war as potential buyers vie to rescue the beleaguered book ret…

Short sellers pocket $10 billion in profits despite S&P 500 surge

10 Jul 2024 - During the second quarter of this year, short sellers capitalized on their strategy of betting against stocks, amassing a substantial $10 billion in paper profits des…

Chile's government expects to surpass project target amid strong private sector interest

10 Jul 2024 - The Salar de Atacama in Chile contains some of the world's highest known concentrations of lithium and potassium.

Powell hints at possible rate cut amid cooling inflation

10 Jul 2024 - While Fed Chair Jay Powell wouldn't get drawn into any discussions about the potential timing of any rate cut in the first of two appearances before the US Congress o…

China's NEV sales surge amidst decline in internal combustion market

10 Jul 2024 - China's rising sales of so-called New Energy Vehicles (NEVs) can’t make up for the continuing weakness in sales of conventionally powered (or ICE, internal combustion…

Nico Resources Initiation Report: An option on booming global nickel-cobalt demand

09 Jul 2024 - Nico Resources (ASX:NC1) is wholly focused on its Wingellina Nickel-Cobalt Project (Wingellina or the Project). Wingellina is a fully owned, development-ready, large-…

Spartan Resources boosts Dalgaranga gold prospects

09 Jul 2024 - Spartan Resources (ASX:SPR) has confirmed why larger rival Ramelius has it in its sights.

Stocks of the Hour: Killi Resources, Solis Minerals, Future Battery Minerals

09 Jul 2024 - A snapshot of the stocks on the move, featuring Killi Resources (ASX:KLI), Solis Minerals (ASX:SLM) and Future Battery Minerals (ASX:FBM).

NAB survey reveals mixed signals

09 Jul 2024 - Now, this will confuse economists, analysts, and the members of the Reserve Bank second-guessers in the business media. According to the latest National Australia Ban…

Bapcor announces new leadership, rejects Bain Capital's buyout offer

09 Jul 2024 - Car parts retailer and distributor Bapcor (ASX:BAP) had a busy Tuesday, announcing a new CEO and Executive Chair, and rejecting the tentative $5.40 a share approach f…

Apple reclaims top spot as world's most valuable company

09 Jul 2024 - Apple shares continued their recent bounce on Monday, reclaiming the top spot as the world’s most valuable company.

Canada tightens rules to protect domestic mining industry

09 Jul 2024 - Canada has again tightened rules, making it even harder to take over the country’s remaining big miners.

Ramelius prepares to move on Spartan

08 Jul 2024 - Updates continue to emerge from Ramelius Resources (ASX:RMS) as it prepares for a move on the now partly owned Spartan Resources.

Shares in Rex Minerals surge more than 60%

08 Jul 2024 - Shares in Rex Minerals surged more than 60% after it revealed it had found its ideal partner in the shape of its major shareholder, Indonesian-owned MACH Metals Austr…

Stocks of the Hour: Rex Minerals, Gold Mountain, FBR

08 Jul 2024 - A snapshot of the stocks on the move, featuring Rex Minerals (ASX:RXM), Gold Mountain (ASX:GMN) and FBR Limited (ASX:FBR).

High-stakes dairy drama

08 Jul 2024 - A high-stakes game of dairy "Russian Roulette" is unfolding across the Tasman between struggling Synlait and its once-close buddy and customer (and shareholder), a2 M…

China stays on sidelines as gold prices ease

08 Jul 2024 - For the second month in a row, high world prices kept China out of the world gold market in June. This news will disappoint all those bulls who expected the country t…

Global economic highlights and market insights for the week ahead

08 Jul 2024 - US inflation returns to center stage this week, as do US second-quarter earnings, while the June and June quarter economic reports from China start appearing.

Mixed reactions to economic data and political shifts

08 Jul 2024 - The ASX is looking at a hesitant start to trading today for the second week of the new financial year, despite a rise in most global markets on Friday due to a dip in…

Coal market reactions and Glencore's Canadian acquisition

08 Jul 2024 - Coal industry traders ended the week moving away from coking coal, despite the enthusiasm on the ASX for coal stocks following the huge fire at Anglo America's Grosve…

US crude prices dip from seven-week high

08 Jul 2024 - US crude prices eased off a seven-week high at Friday’s close, despite robust summer demand.

Gold prices surge amid weak jobs report

08 Jul 2024 - Gold prices jumped on Friday as the US dollar and US bond yields fell in the wake of the weakest jobs report in several months.

Iron ore prices slip from three-month highs

08 Jul 2024 - Iron ore prices slipped late last week from three-month highs on Thursday but still finished the first week of the new financial year with a small gain.

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