Finance News Network

Latest News

China's manufacturing surveys show mixed results

30 Sep 2024 - The end-of-month activity surveys for Chinese manufacturing produced slightly different outcomes for September.

SQM plans spin-off of foreign lithium assets

30 Sep 2024 - Chile’s Sociedad Química y Minera de Chile (SQM), the world’s second-largest lithium miner after Albemarle, is looking to spin off its foreign lithium and other asset…

Perseus Mining faces new 20% gold sales rule

30 Sep 2024 - In a potential blow for the African-focused gold group Perseus Mining (ASX:PRU), its newly acquired gold mining prospect in Tanzania faces an obstacle from a new rule…

Fonterra announces new strategy and divestments

30 Sep 2024 - It’s back to the Land of the Long White Cow—sorry, Cloud—for the world’s biggest dairy group, Fonterra, which has just revealed a New Zealand-first strategy for the c…

China implements new stimulus measures to help mortgage holders

30 Sep 2024 - China continues to roll out more stimulus measures, with a slew of actions announced at national and local government levels on Sunday evening to help mortgage holder…

Kiwi dairy group Synlait's tough year

30 Sep 2024 - A significant loss for its latest financial year didn’t come as a surprise as Kiwi dairy group Synlait prepares for life after what was nearly a death experience a co…

Stocks of the Hour: Australian Rare Earths, Burley Minerals, Trigg Minerals

30 Sep 2024 - A snapshot of the stocks on the move, featuring Australian Rare Earths (ASX:AR3), Burley Minerals (ASX:BUR) and Trigg Minerals (ASX:TMG).

Chinese stocks surge: Strongest week since 2008 amid $114 billion stimulus

30 Sep 2024 - Chinese equities recorded their strongest week since 2008 after Beijing announced a $114 billion stimulus package aimed at boosting the stock market.

Global oil prices decline amid rising supply concerns

30 Sep 2024 - Global oil prices posted a weekly loss by Friday’s close, as fears of growing oil supplies from Saudi Arabia overshadowed China’s efforts to stimulate its economy.

September wrap-up: Key economic indicators and corporate reports

30 Sep 2024 - The first week of the new month and the new quarter begins tomorrow, bringing new data releases, speculation on interest rates, more challenges for companies like Sta…

Gold and silver prices retreat but end week with gains amid Fed rate cut hopes

30 Sep 2024 - Gold and silver prices retreated on Friday from record highs but still notched weekly gains, fueled by hopes for a second major rate cut from the Fed. This followed i…

Wall Street fumbles amidst global market rally

30 Sep 2024 - US investors largely ignored the roaring comeback in Chinese and other Asian markets on Friday.

Steel sector boost: Iron ore hits $102.85 per tonne

30 Sep 2024 - Iron ore prices hit a two-month high at Friday's close, driven by China's steady rollout of stimulus measures that boosted interest in the steelmaking mineral.

China stimulus sparks ASX surge as BHP reclaims top spot

28 Sep 2024 - The China stimulus surge lifted the ASX on Friday, and many investors are hoping for the rally to continue this week, even though China enters a week-long holiday sta…

A2 Milk halts trading amid potential acquisition

27 Sep 2024 - Kiwi dairy group A2 Milk (ASX:A2M) has moved its shares from a trading pause to a halt, with a "potential acquisition" in its sights.

Stocks of the Hour: 4DMedical, Douugh, Black Canyon

27 Sep 2024 - A snapshot of the stocks on the move, featuring 4DMedical (ASX:4DX), Douugh (ASX:DOU) and Black Canyon (ASX:BCA).

Washington H. Soul Pattinson maintains dividends despite profit decline

27 Sep 2024 - Just as its associate, Brickworks (ASX:BKW), still lifted its final and full-year dividends for 2023-24 despite a significant loss for the year to July, its biggest s…

Job vacancies in Australia: A mixed bag amid economic shifts

27 Sep 2024 - Up-to-date job vacancy figures from the Australian Bureau of Statistics (ABS) are another economic data point likely to frustrate the Reserve Bank in its consideratio…

Oil prices plummet amid Saudi production shift

27 Sep 2024 - Oil dived to a two-week low on Thursday after the Financial Times reported that Saudi Arabia was ready to abandon its $US100-a-barrel price target and increase produc…

Surprise stimulus: China's bold moves to avert economic stagnation

27 Sep 2024 - Has China once again saved the global metal industry, the Australian economy, and the fortunes of people like Chris Ellison of Mineral Resources, along with the saggi…

Star Entertainment's losses mount as regulatory pressures bite

26 Sep 2024 - Struggling casino group, Star Entertainment (ASX:SGR), has taken its losses over the past two years to more than $4 billion, with another substantial deficit revealed…

Stocks of the Hour: QX Resources, Bastion Minerals, Premier1 Lithium

26 Sep 2024 - A snapshot of the stocks on the move, featuring QX Resources (ASX:QXR), Bastion Minerals Ltd (ASX:BMO) and Premier1 Lithium (ASX:PLC).

CSL secures major US contract to bolster bird flu vaccine stockpile

26 Sep 2024 - CSL (ASX:CSL) has announced that it has won a multi-million dollar contract from the US Department of Health and Human Services (HHS) to increase America’s stockpile …

Ongoing merger expenses drive Sigma Healthcare's 67% drop in profit

26 Sep 2024 - Pharmacy wholesaler and retailer Sigma Healthcare (ASX:SIG) says its significant drop in interim earnings is due to ongoing costs associated with the impending merger…

Premier's path to demerger: Can Myer be convinced?

26 Sep 2024 - The chances of Premier's Solomon Lew and his board getting the much-discussed demerger plan for the company back on track depend on whether the board of department st…

Prior Page Next Page