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Massive backlog of vessels at Panama Canal as drought causes congestion

14 Aug 2023 - The Panama Canal, which connects the Atlantic Ocean with the Pacific Ocean and divides North and South America, is grappling with an unprecedented traffic jam as the …

The Australian June 30 reporting season gains momentum

14 Aug 2023 - The Australian reporting season for June 30 is picking up steam this week, with over 60 ASX 200 companies set to release their final or interim results.

Commodities brace for second week of scrutiny with Chinese economic data

14 Aug 2023 - Commodities are poised to undergo another round of scrutiny driven by China's economic data, marking a second week of potential challenges. The forthcoming final repo…

Concerns rise for China's economy: Weak trade data and property woes loom large

14 Aug 2023 - China's economic landscape has raised alarms for a second consecutive week, prompted by last week's dismal trade data and confirmation of a slide into deflation.

Allkem's merger and project updates

14 Aug 2023 - On Friday, the highly awaited annual results from the lithium group, Allkem (ASX:AKE), will be released, providing insights into the anticipated merger with Livent.

The commercial real estate crunch

11 Aug 2023 - The crunch in commercial real estate is rippling across American property, banking, and investment sectors.

Reassessing Jaguar Mine: Aeris Resources' mining dilemma

11 Aug 2023 - The Jaguar deposit, discovered in 2002, became an underground operation in 2007 under Jabiru Metals' management. Following various ownership changes, it ended up unde…

Increasing production and promising drilling results at Red 5's King of the Hills mine

11 Aug 2023 - Red 5 (ASX:RED) has reported a fourth consecutive month of increasing production from its King of The Hills mine, located in the Leonora region of WA’s Eastern Goldfi…

De Grey Mining announces new drill results

11 Aug 2023 - De Grey Mining (ASX:DEG) announced that new drill results from the Diucon and Eagle deposits at its major Hemi prospect in WA’s Pilbara have increased the likelihood …

Westgold revives historic Great Fingall mine and adopts sustainable power

11 Aug 2023 - Westgold (ASX:WGX) has finally given the green light to resume mining operations at the iconic Great Fingall mine near Cue in the Western Australian goldfields.

Stocks of the Hour: Allkem, Cosmos Exploration, Nick Scali

11 Aug 2023 - A snapshot of the stocks on the move, featuring Allkem (ASX:AKE), Cosmos Exploration (ASX:C1X) and Nick Scali (ASX:NCK).

Newcrest Mining faces acquisition as annual profits drop by 10.8%

11 Aug 2023 - Newcrest Mining (ASX:NCM), the country's largest gold miner, is poised to be acquired by Newmont in a US$19 billion all-paper deal.

Baby Bunting confronts profit decline, trims dividend amid sales struggle

11 Aug 2023 - Shareholders of Baby Bunting (ASX:BBN) are set to receive a reduced final dividend for the 2022-23 financial year, as the company unveiled a nearly 50% decline in net…

Tapestry's US$8.5 Billion takeover of Versace owner sparks share reactions

11 Aug 2023 - Tapestry, the US-based parent company of lifestyle brands Coach and Kate Spade, is set to acquire the parent company of Versace and Michael Kors, Capri, in a momentou…

Alibaba surprises market with 14% increase in quarterly sales amid economic headwinds

11 Aug 2023 - Chinese e-commerce titan Alibaba has unveiled an unexpected surge of 14 percent in year-on-year quarterly sales, defying recent economic challenges and deflationary p…

Nick Scali reports impressive full-year profit surge of 26.1% amidst improved delivery and expansion

11 Aug 2023 - Furniture retail giant Nick Scali has exceeded market expectations by achieving a remarkable 26.1% increase in net profit for the full fiscal year, reaching a total o…

Surge in European natural gas prices amidst potential Australian supply disruption

10 Aug 2023 - European natural gas prices surged by nearly 40% on Wednesday, driven by concerns over potential disruptions in global liquefied natural gas (LNG) supply from Austral…

Cettire shines in online luxury retail as others struggle to recover

10 Aug 2023 - In a retail landscape where companies like Kogan.com (ASX:KGN) and the online divisions of traditional retailers such as Myer (ASX:MYR) and Kmart are grappling with d…

Downer EDI shareholders face dividend cut amid challenging 2022-23 performance

10 Aug 2023 - Shareholders of Downer EDI (ASX:DOW) received disappointing news on Thursday, a week after management provided a glimpse into the company's disappointing performance …

Anticipation builds for US July CPI report: Expert expectations

10 Aug 2023 - As the US prepares to unveil its Consumer Price Index (CPI) report for July at 10:30 PM on Thursday AEST, economists and analysts are voicing their expectations for t…

Stocks of the Hour: MPower Group, True North Copper, Latin Resources

10 Aug 2023 - A snapshot of the stocks on the move, featuring MPower Group (ASX:MPR), True North Copper (ASX:TNC) and Latin Resources (ASX:LRS).

QBE's resilient performance: Higher dividend amid catastrophe costs surge

10 Aug 2023 - Amid a surge in catastrophe costs during the first half of 2023, insurance titan QBE (ASX:QBE) demonstrated resilience, driven by robust investment returns and a subs…

AGL Energy reports losses due to write-downs, expects strong recovery

10 Aug 2023 - AGL Energy (ASX:AGL), a prominent player in the energy sector, faced a significant financial setback in the fiscal year ending on June 30, largely attributed to the a…

Boral reports solid profitability, withholds dividend under Seven Group Holdings

10 Aug 2023 - In a significant return to profitability for the year ending on June 30, building products conglomerate Boral has decided to withhold dividends, a move that holds no …

China faces deflation

09 Aug 2023 - The world's second biggest economy slid deeper into deflation last month, with no immediate sign of how it can escape this price vice without a massive spending campa…

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