Finance News Network

Latest News

Update on BHP's offer for Anglo American

29 May 2024 - BHP Group (ASX:BHP) disclosed a revised proposal for merging with Anglo American plc (Anglo American), and in response, the Board of Anglo American extended the offer…

Fonterra's resilience amidst global retreat

29 May 2024 - Fonterra (ASX:FSF), the huge New Zealand-based dairy giant, might be on the retreat globally with a string of asset sales, but as far as the immediate outlook is conc…

IMF turns bullish on China's economic outlook

29 May 2024 - The International Monetary Fund has turned a bit bullish on China’s economic outlook.

Australian inflation, housing, and consumer trends

29 May 2024 - The widespread autumnal rains in March and April across much of Eastern Australia helped bump inflation up for the second successive month in April.

Stocks of the Hour: Desoto Resources, OD6 Metals, Cleo Diagnostics

29 May 2024 - A snapshot of the stocks on the move, featuring Desoto Resources (ASX:DES), OD6 Metals (ASX:OD6) and Cleo Diagnostics (ASX:COV).

Fisher & Paykel Healthcare reports improved financials

29 May 2024 - A slightly higher dividend was announced for its 2023-24 financial year, along with expectations for a slightly better result in 2024-25, by New Zealand-based Fisher …

Powering Australia's AI revolution

29 May 2024 - Australia finds itself at a pivotal juncture where the burgeoning demands of AI intersect with the nation's energy infrastructure. Data centres, often referred to as …

Algeciras and Tangier struggle amidst global shipping disruptions

29 May 2024 - Upon entering the port of Algeciras at Spain's southernmost tip, the facility's busyness is unmistakable. Nearly all cranes at the port’s two container terminals are …

Countdown to BHP-Anglo merger

29 May 2024 - BHP (ASX:BHP) and Anglo American have yet to agree on terms for their £39bn mining megamerger, raising the stakes as the deadline for negotiations looms on Wednesday.

ACM makes second attempt to strike deal with SXL

28 May 2024 - Struggling rural print and digital media group Australian Community Media has made a second attempt in six months to interest struggling radio and regional TV group S…

Australian retail sales edge up in April amid consumer caution

28 May 2024 - Australian retail sales edged higher in April as consumers remained cautious in the face of high borrowing costs, rising rents, and other expenses, alongside confirma…

Stocks of the Hour: Papyrus Australia, Falcon Metals, Marquee Resources

28 May 2024 - A snapshot of the stocks on the move, featuring Papyrus Australia (ASX:PPY), Falcon Metals (ASX:FAL) and Marquee Resources (ASX:MQR).

Two driving forces will continue to push higher long-term real interest rate: Franklin Templeton

28 May 2024 - According to Franklin Templeton Fixed Income CIO Sonal Desai rising investment and persistently loose US fiscal policy are simultaneously pushing in the direction of …

Chinese property developers: Bailouts and connections

28 May 2024 - In China, especially in property, it's always been a case of who you know and whether there is powerful government or Communist Party influence.

Peter Warren Automotive issues earnings warnings

28 May 2024 - Peter Warren Automotive Holdings (ASX:PWR) has joined its larger rival, Eagers, in issuing an earnings warning as new car sales slow and profit margins contract.

Star Combo Pharma secures TGA approval for Gummy manufacturing

28 May 2024 - Star Combo Pharma (ASX:S66) has attained a notable achievement with the issuance of a manufacturing license by the Therapeutic Goods Administration (TGA) for the prod…

ECB signals potential interest rate cut next week

27 May 2024 - The European Central Bank has given its strongest sign yet that it will cut interest rates next week. In an interview with the Financial Times, ECB chief economist Ph…

Santana Minerals looks to fast-track Bendigo-Ophir gold project

27 May 2024 - Santana Minerals (ASX:SMI) CEO Damian Spring presents the Bendigo-Ophir gold project to the Environment Select Committee in NZ, highlighting its potential to signific…

Revival for central western NSW mines

27 May 2024 - The old Elura mine, now named Endeavour, a silver, lead, and zinc mine in central western NSW, is about to receive a new lease on life. Nearby, the Cobar copper mine …

Stocks of the Hour: DY6 Metals, Armada Metals, Hydrix

27 May 2024 - A snapshot of the stocks on the move, featuring DY6 Metals (ASX:DY6), Armada Metals (ASX:AMM) and Hydrix (ASX:HYD).

Lendlease's strategic shift amidst financial challenges

27 May 2024 - Lendlease (ASX:LLC) is taking a financial hit to extricate itself from low yields and loss-making overseas investments in construction, building, and other developmen…

The race for renewable fleet dominance in the Pilbara

27 May 2024 - Now for the Pilbara battle of the trucks: BHP (ASX:BHP) and Rio Tinto (ASX:RIO) are commencing joint trials on battery-electric trucks, while smaller rival Fortescue …

China's property market: Rescue plans & debt dilemmas

27 May 2024 - How quickly that "property rescue" move from the Chinese government was forgotten—announced Friday, May 17, dead by Friday, May 24, if last week's falls on Chinese an…

Key events and indicators driving economic sentiment this week

27 May 2024 - The big deal this week might be US inflation data and economic growth at the end of the week. Before then, though, there’s the Wednesday evening deadline in London fo…

Time for oil to step back into the spotlight

27 May 2024 - Time for oil to step back into the spotlight as prices ease, and the OPEC+ group’s next meeting this coming weekend has again raised the now-familiar question: 'will …

Prior Page Next Page