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GUD expects underlying earnings to be on track

14 May 2024 - Two days before its investor day on Wednesday, GUD (ASX:GUD) stated that its expected underlying earnings are on track, though its dominant automotive operation will …

BHP makes second attempt to buy Anglo American

14 May 2024 - BHP (ASX:BHP) has made a second attempt to buy Anglo American, offering a revised bid worth 34 billion pounds or $US42.7 billion — and Anglo immediately rejected it f…

Rio Tinto suffers major incident with one of its autonomous iron ore trains

14 May 2024 - In the third incident of its type in 11 months, Rio Tinto (ASX:RIO) has suffered a major incident with one of its autonomous iron ore trains in the Pilbara overnight …

Business conditions back around long-term readings

13 May 2024 - Ahead of Tuesday’s federal budget, the Australian economy eased in April, with business conditions and confidence back around long-term readings, but retail still rem…

ARN Media still pursuing Southern Cross Austereo

13 May 2024 - ARN Media (ASX:A1N) still harbors ambitions for control of Southern Cross Austereo (SCA), even though it lost its partner, private equity group Anchorage Capital, in …

New Chair of Bendigo and Adelaide Bank

13 May 2024 - Bendigo and Adelaide Bank (ASX:BEN) has confirmed the appointment of Vicki Carter as the bank’s permanent chair, three weeks after David Foster stepped aside in the w…

Stocks of the Hour: Anax Metals, Brightstar Resources, Element 25

13 May 2024 - A snapshot of the stocks on the move, featuring Anax Metals (ASX:ANX), Brightstar Resources (ASX:BTR) and Element 25 (ASX:E25).

Ramelius unveils plans for third million-ounce mine

13 May 2024 - Ramelius (ASX:RMS) announced that it will now have a third million-ounce mine project at its Mt Magnet area of interest in WA’s midwestern goldfields.

China's consumer prices rise for a third straight month

13 May 2024 - China's consumer prices rose for a third straight month in April, while producer prices extended their declines, as cost pressures remained mixed across a stuttering …

Eyes on US consumer inflation

13 May 2024 - For all the noise and punditry about Tuesday night’s 2024-25 federal budget, investors will be looking later in the week to see what happened with US consumer inflati…

Anchorage Capital Partners' shock withdrawal

13 May 2024 - Private equity group Anchorage Capital Partners has stunned investors, including ARN, with its shocking decision to drop out of the bid for Southern Cross Austereo. T…

Mixed week on Wall Street

13 May 2024 - A solid finish to the stock markets on Friday, but today will see a more circumspect ASX re-open.

Last days of US march quarterly reporting season

10 May 2024 - A test this week marks the last days of the US March quarterly reporting season. Only a handful of S&P 500 companies might be reporting, but a couple are going to be …

Gold prices rise for their strongest week in six

13 May 2024 - Gold prices rose on Friday for their strongest week in six, as bets of an interest rate cut from the Federal Reserve again moved into the center stage.

Fall in operating rig numbers

13 May 2024 - The weakness in US oil drilling continued last week with another fall in operating oil rig numbers.

Diary

13 May 2024 - The 2024-25 budget will be the billing focus for Australian markets for part of this week, at least, though wages data on Wednesday and the April jobs report could ve…

Stocks of the Hour: State Gas, Kingsgate, Gladiator Resources

10 May 2024 - A snapshot of the stocks on the move, featuring State Gas (ASX:GAS), Kingsgate (ASX:KCN) and Gladiator Resources (ASX:GLA).

Understanding Australian attitudes towards gold investment

10 May 2024 - Australians just don’t seem to like gold as an investment—or rather, they don’t seem to like investing in the metal like investors in India, China, the US, and many o…

QBE anticipates strong first half performance

10 May 2024 - Major insurer QBE (ASX:QBE) is poised for a solid first half result when it reports in August, judging by its March quarter trading update on Friday.

De Grey Mining raises funds for Hemi Gold Project

10 May 2024 - De Grey Mining (ASX:DEG) has successfully raised most of the more than $600 million it sought earlier this week to fund its share of the cost of the $1 billion plus H…

BP explores low-carbon acquisitions amid oil industry M&A surge

10 May 2024 - In the current landscape of the oil industry, mergers and acquisitions have emerged as a predominant theme. Notable players such as Exxon Mobil, Chevron, Diamondback …

Meeka readying for gold development

10 May 2024 - Meeka Metals (ASX:MEK) is aiming to be ready to push the button on it’s the development of its Murchison gold project in Western Australia by mid-year.

China's import surge

10 May 2024 - Amid China’s unexpected 8% surge in imports, iron ore shipments into the country stood out with a stronger-than-expected outcome, while oil and coal imports were also…

Central bank updates

10 May 2024 - As we approach the end of the week, what’s the score from central bank meetings this week?

China's economy shows signs of life

09 May 2024 - China’s economy showed a few more signs of life in April, with imports jumping more than forecast and exports back in the black for the first time in three months.

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