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Westgold Resources approaches record revenues

05 Jul 2024 - As Westgold Resources (ASX:WGX) heads towards its $1.3 billion merger with Karora Resources later this year, it is also approaching record revenues of over $700 milli…

Tesla and BYD: The global BEV production and sales race heats up

05 Jul 2024 - Even though Tesla has again managed to remain ahead of BYD in the global battery-powered EV (BEV) production and sales race, analysts say it's only a matter of time b…

Stocks of the Hour: Clinuvel Pharmaceuticals, Mt Malcolm Mines, Auric Mining

05 Jul 2024 - A snapshot of the stocks on the move, featuring Clinuvel Pharmaceuticals (ASX:CUV), Mt Malcolm Mines (ASX:M2M) and Auric Mining (ASX:AWJ).

Coal market disruptions spark rally in ASX mining stocks

05 Jul 2024 - In the past week, disruptions at two significant coal mines have fuelled concerns about a shortage of supply just as demand for the commodity surges, triggering a ral…

US employment report anticipated to show hiring slowdown

05 Jul 2024 - The upcoming US employment report is projected to reveal a significant slowdown in hiring for June, coupled with a tapering off in wage growth.

Oil prices steady near two-month high

05 Jul 2024 - Oil prices remained stable near a two-month high, as conflicting market signals emerged, with weaker demand in Asia balancing out a significant drop in US crude stock…

Lagarde stresses data-driven approach for future ECB rate decisions

05 Jul 2024 - The European Central Bank needs to see more robust evidence that inflation is steadily moving towards the 2 percent target before contemplating additional interest ra…

EU imposes provisional duties on Chinese electric vehicle imports

05 Jul 2024 - The European Union will start imposing provisional countervailing duties on imports of electric vehicles (EVs) from China today, July 5, while negotiations with China…

Stocks of the Hour: Arafura Rare Earths, Superior Resources, Aeris Resources

04 Jul 2024 - A snapshot of the stocks on the move, featuring Arafura Rare Earths (ASX:ARU), Superior Resources (ASX:SPQ) and Aeris Resources (ASX:AIS).

Santos faces takeover rumours

04 Jul 2024 - Recent rumours swirling around Santos (ASX:STO) suggest a potential takeover bid by Middle Eastern giants Saudi Aramco and Abu Dhabi National Oil Co. However, market …

Australia's migration cutbacks

04 Jul 2024 - Australia’s plan to halve the number of net migrants entering the country may not be enough to curb still-rising inflation, economists say.

ACCC raises concerns over Lendlease's $1.3 billion sale to Stockland and Supalai

04 Jul 2024 - Lendlease's (ASX:LLC) $1.3 billion "get out of jail" sale of its master-planned retirement villages to a joint venture between Stockland and Supalai is in trouble wit…

Alkane Resources meets 2023-24 guidance for Tomingley Gold Mine

04 Jul 2024 - Alkane Resources (ASX:ALK) has confirmed that its Tomingley Gold Mine in central western NSW met its reduced guidance estimate for the 2023-24 financial year after a …

Conservative party faces record-breaking defeat in historic UK election

04 Jul 2024 - Final opinion polls have confirmed Britain’s Conservative Party government is on course for a record-breaking defeat after all but conceding defeat a day before the e…

Fortescue-backed hydrogen aviation start-up universal hydrogen shuts down

03 Jul 2024 - Universal Hydrogen, a start-up focused on hydrogen-powered aviation and backed by Fortescue, has shut down after depleting nearly $150 million in investor funds. Desp…

Virgin Australia adjusts travel agency bonuses amid industry-wide cost-cutting

03 Jul 2024 - Virgin Australia is restructuring its volume bonuses for travel agencies as part of a broader strategy to tighten costs within the airline industry. Despite the belt-…

Oil prices hover near two-month high

03 Jul 2024 - Oil prices held firm near their highest levels in two months, driven by indications of a major reduction in US crude inventories.

Shoppers continue to seek discounts

03 Jul 2024 - Under pressure, Australian shoppers have again demonstrated their savvy by chasing discounts in May, just as they did last November.

Stocks of the Hour: Waratah Minerals, AML3D, Sayona Mining

03 Jul 2024 - A snapshot of the stocks on the move, featuring Waratah Minerals (ASX:WTM), AML3D (ASX:AL3) and Sayona Mining (ASX:SYA; OTCQB:SYAXF).

Ramelius stalks Spartan

03 Jul 2024 - Cashed-up Ramelius Resources (ASX:RMS) continues to raise eyebrows in the market as it stalks Spartan Resources, a smaller WA gold mining rival.

Tesla shares surge despite mixed sales performance

03 Jul 2024 - Shares in Tesla rose 10% on Tuesday after it revealed a quarterly sales performance that wasn’t as bad as analysts and others had forecast.

Surprise increase in job vacancies signals strength in US labor market

03 Jul 2024 - New figures released on Tuesday have further confounded views about the health of the US economy and labor market, which appear to be stronger than expected, with an …

Zeekr sets new records in China's EV market

02 Jul 2024 - Chinese electric vehicle manufacturer Zeekr, a subsidiary of Geely, reported a record-breaking month in June, delivering 20,106 vehicles.

ANZ sanctioned for charging fees to deceased estates

02 Jul 2024 - They never learn, do our big banks? Even though they drove the market’s modest gains in 2023-34, keeping it from a rotten, negative performance, one—the ANZ—did so wi…

Liontown secures strategic partnership to deliver long-term funding

02 Jul 2024 - At one stage in 2023, Liontown Resources (ASX:LTR) announced it had secured a $A1.13 billion funding package to bring its Kathleen Valley spodumene mine in Western Au…

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