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Lithium Power International in talks with Codelco

12 Oct 2023 - On September 28, Lithium Power International (ASX:LPI) confirmed in a statement to the ASX that it had been in discussions with Chilean state-owned copper giant, Code…

China's new energy vehicle sales soar, boosting demand for battery metals

12 Oct 2023 - Thanks to ongoing subsidies, China's new energy vehicle (NEV) sales reached another record high in September, surpassing the previous month's peak.

Liontown Resources shares fall as Hancock Prospecting increases stake to 19.9%

12 Oct 2023 - Shares in Liontown Resources slumped late yesterday after it became known that Gina Rinehart’s Hancock Prospecting had increased its stake to 19.9% and retreated from…

Heated audience at CSL's AGM

11 Oct 2023 - CSL's (ASX:CSL) Annual General Meeting in Melbourne on Wednesday turned into a heated discussion regarding executive pay and a declining share price, casting a shadow…

Birkenstock successfully launches IPO at $US46 per share

11 Oct 2023 - German footwear giant Birkenstock and its private equity owner, L Catterton, have successfully completed their IPO, pricing shares at $US46 each, firmly positioning t…

Stocks of the Hour: Talon Energy, Besra Gold, King River Resources

11 Oct 2023 - A snapshot of the stocks on the move, featuring Talon Energy (ASX:TPD), Besra Gold (ASX:BEZ) and King River Resources (ASX:KRR).

Bank of Queensland's year: Challenges, earnings, and outlook

11 Oct 2023 - In the realm of profit announcements, cash earnings typically reign supreme for most banks, though Westpac has reverted to using statutory earnings.

Small caps extend streak, beat S&P 500 for 5th Day

11 Oct 2023 - Small-cap stocks extended their winning streak for the fifth consecutive day on Tuesday, with the Russell 2000 index surging 1.14%, outpacing the S&P 500, which gaine…

Oil prices slide amidst Middle East tensions

11 Oct 2023 - Oil prices experienced a significant decline of more than $1 a barrel on Tuesday, extending a downward trend that began earlier in the day.

Qantas Chair Richard Goyder to depart amidst board renewal

11 Oct 2023 - Qantas (ASX:QAN) Chair Richard Goyder is set to respond to persistent calls for his departure from the board, with his exit planned for just over a year from now.

IMF Outlook: China and EU's vulnerability in global economy for 2024

11 Oct 2023 - According to the latest World Economic Outlook (WEO) from the International Monetary Fund (IMF), China and the EU are identified as the weak points in the global econ…

Hancock Prospecting nears 19.9% stake in Liontown Resources

11 Oct 2023 - Gina Rinehart's Hancock Prospecting has inched closer to acquiring a 19.9% stake in Liontown Resources (ASX:LTR), pending a potential bid from US lithium giant Albema…

Iron ore and coking coal prices drop in Asia amid China's return

11 Oct 2023 - Iron ore and coking coal futures slid to six-week lows in Asia on Tuesday as China returned to business after the eight-day holiday last week, and traders concluded t…

Phase two drilling at Minyari Dome gold-copper project

10 Oct 2023 - Antipa Minerals (ASX:AZY) has commenced phase two drilling at its Minyari Dome gold-copper project in Western Australia's increasingly prospective Paterson province.

Aussie economy resilient

10 Oct 2023 - In September, the Australian economy exhibited increased resilience, with the quarter ending despite signs of weakening price and labor cost pressures, as reported in…

Stocks of the Hour: Atlantic Lithium, Raiden Resources, Paradigm Biopharmaceuticals

10 Oct 2023 - A snapshot of the stocks on the move, featuring Atlantic Lithium (ASX:A11), Raiden Resources (ASX:RDN) and Paradigm Biopharmaceuticals (ASX:PAR).

ACCC clears $18.7 billion Brookfield & MidOcean bid for Origin Energy

10 Oct 2023 - The ACCC announced on Tuesday morning that it has granted conditional clearance to the $18.7 billion bid for Origin Energy (ASX:ORG) by Brookfield and MidOcean.

OPEC's optimistic outlook for oil and its implications

10 Oct 2023 - Of course, OPEC would be bullish on the outlook for oil (and, to a lesser extent, gas) - they have no other way of surviving. If they weren't bullish about future dem…

Newmont's $29 billion takeover of Newcrest: A game-changing deal

09 Oct 2023 - Newmont's $A29 billion all-paper takeover of Newcrest (ASX:NCM) has proven to be a far more significant deal than initially anticipated.

Peace breaks out on Myer's board with key leadership changes

09 Oct 2023 - A statement to the ASX on Monday revealed major changes to the board, including a new chairperson and two board nominees for the annual general meeting (AGM) on Novem…

Fortescue Metals and Genex partner in 25-year solar power agreement

09 Oct 2023 - Fortescue Metals (ASX:FMG) and Sydney-based renewable energy supplier Genex have entered into a 25-year solar power purchase agreement (PPA).

Bank of England averts mini banking crisis with Metro Bank bailout

09 Oct 2023 - The Bank of England appears to have successfully averted a potential mini banking crisis by arranging a bailout for Metro Bank in Britain.

Stocks of the Hour: Radiopharm Theranostics, Talon Energy, Azure Minerals

09 Oct 2023 - A snapshot of the stocks on the move, featuring Radiopharm Theranostics (ASX:RAD), Talon Energy (ASX:TPD) and Azure Minerals (ASX:AZS).

Strong jobs data and mixed sentiments in US markets

09 Oct 2023 - After Friday's surprisingly strong jobs data for September, another test for US market sentiment and momentum awaits this week with the release of September's consume…

Chinese economy in focus: Key data and global events this week

09 Oct 2023 - The health of the Chinese economy is back in the spotlight this week as the country emerges from its week-long holiday break.

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