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Stocks of the Hour: Schrole Group, Alderan Resources, Prospect Resources

17 Jun 2024 - A snapshot of the stocks on the move, featuring Schrole Group (ASX:SCL), Alderan Resources (ASX:AL8) and Prospect Resources (ASX:PSC).

Bapcor secures bank support amidst losses and takeover talks

17 Jun 2024 - Embattled car parts retailer and distributor, Bapcor (ASX:BAP), has won significant support from its bankers as it prepares to announce a significant loss for the yea…

Financing growth in Infratil's data centres

17 Jun 2024 - New Zealand infrastructure investor Infratil (ASX:IFT) announced on Monday that it is seeking more than NZ$1 billion to finance the rapid growth in its data centre bu…

Serbia considers reversal on Rio Tinto's $US2.55 billion Jadar mine approval

17 Jun 2024 - Out of the blue, the Serbian government is reported to be ready to reverse itself and approve the nearly $US2.55 billion Jadar lithium/borate mine of Rio Tinto.

Russia's OPEC+ quota excess goes unpunished amid global oil dynamics

17 Jun 2024 - Russia has been caught overproducing its OPEC+ quota, but no one seems to be upset.

Oil market dynamics

17 Jun 2024 - Oil prices might have bounced back last week from the post-OPEC+ meeting sell-off the week before, but market fundamentals continue to tell another story.

Market turbulence ahead of Reserve Bank's rate meeting

17 Jun 2024 - Heading into the Reserve Bank’s rate meeting this week, the ASX will not be in a confident mood.

Gold, silver, and copper navigate market uncertainties amid political and economic shifts

17 Jun 2024 - How many legs does gold have left in its current rally? What about silver? And can copper staunch the losses as more metal than the market can handle ends up in LME a…

Key economic events to watch this week

17 Jun 2024 - More action from central banks is expected this week, with the Bank of England, Norway’s central bank, and the Reserve Bank of Australia all holding rate-setting meet…

Stocks of the Hour: Pearl Gull Iron, Tempus Resources, South Harz Potash

14 Jun 2024 - A snapshot of the stocks on the move, featuring Pearl Gull Iron (ASX:PLG), Tempus Resources (ASX:TMR) and South Harz Potash (ASX:SHP).

Chinese NEV sales rebound despite impending EU tariffs

14 Jun 2024 - Ahead of Wednesday's news that the European Commission will impose varying tariff levels on imports of Chinese battery-powered cars, the latest industry figures show …

IEA warns of impending global oil glut

14 Jun 2024 - A stark warning from the International Energy Agency (IEA) indicates that the surge in oil production in the US will lead to a significant glut in global markets much…

Apple reclaims top spot as most valuable company globally

14 Jun 2024 - Apple has finally regained the top position as the most valuable company globally.

The Fed's rate cute dilemma

14 Jun 2024 - As clever economists, analysts, and others try to determine when the one rate cut by the US Federal Reserve will occur this year, they should keep in mind that we are…

Musks $56 billion pay package approved by shareholders

14 Jun 2024 - Tesla shareholders approved CEO Elon Musk’s substantial share pay package, but it will still be decided by a court in Delaware, even though shareholders also voted to…

Sigma Healthcare shares drop amid ACCC concerns

14 Jun 2024 - Sigma Healthcare (ASX:SIG) shares fell more than 9% at one stage on Thursday after its proposed $8.8 billion merger with the massive Chemist Warehouse encountered pot…

US dollar surge sends precious metals lower

14 Jun 2024 - Gold, copper and sliver fell Thursday after the US dollar bounced higher. Oil was also easier but iron ore rose.

Chilwa named 2023 ASX IPO of the Year

14 Jun 2024 - Sequoia Financial Group (ASX:SEQ) has confirmed that Sequoia Corporate Finance (SCF) a 100% owned subsidiary of Sequoia acted as sole lead manager to the Initial Publ…

Strong May jobs data

13 Jun 2024 - There were no signs of weakness in the May jobs data, with nearly 40,000 new jobs, a small fall in unemployment, a drop in the jobless rate, and continuing high level…

Stocks of the Hour: Pacific Nickel Mines, Elementos, Perpetual Resources

13 Jun 2024 - A snapshot of the stocks on the move, featuring Pacific Nickel Mines (ASX:PNM), Elementos (ASX:ELT) and Perpetual Resources (ASX:PEC).

ACCC raises competition concerns over Sigma Healthcare and Chemists Warehouse merger

13 Jun 2024 - The competition regulator, the ACCC, has raised questions about the planned $8.8 billion backward merger between Sigma Healthcare and Chemists Warehouse, citing ‘comp…

EU imposes varied tariffs on Chinese EV imports

13 Jun 2024 - As widely expected, the European Union will impose significant tariffs on imports of Chinese battery-powered EVs. However, the tariffs will not be uniform and will va…

Apple surpasses Microsoft as world's most valuable company

13 Jun 2024 - The great Apple charge continued Wednesday, with the company’s market value topping Microsoft’s for a while during trading, regaining the mantle as the world’s most v…

Fed maintains rates amid surprising inflation data

13 Jun 2024 - In an action-packed day, US inflation in May cooled slightly. The US Federal Reserve then held rates steady at its meeting but reduced the number of rate cuts it proj…

Magmatic Resources and Fortescue Metals announce joint venture

12 Jun 2024 - In March, Magmatic Resources (ASX:MAG) announced a joint venture with Fortescue (ASX:FMG) for the Myall copper-gold prospect in central western NSW.

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