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BHP faces tough decisions amidst falling nickel prices

23 Jan 2024 - The likelihood of BHP (ASX:BHP) being compelled to impair the value of its Nickel West business and potentially consider its closure has increased. This development c…

Stocks of the Hour: Cobre, Hot Chili, Aspen Group

23 Jan 2024 - A snapshot of the stocks on the move, featuring Cobre (ASX:CBE), Hot Chili (ASX:HCH) and Aspen Group (ASX:APZ).

China and Japan maintain monetary status quo

23 Jan 2024 - Once again, the markets told the story on Monday as China and Japan considered monetary policy, with the status quo emerging as the winner.

China's stock markets drop amidst uncertainty over interest rates

23 Jan 2024 - On the day China was expected to lower interest rates, its stock markets plummeted by over 2%, surprising analysts who had not anticipated such a move from the People…

Perseus challenges Silvercorp's takeover of OreCorp with full cash offer

22 Jan 2024 - Cashed-up African gold miner, Perseus (ASX:PRU), has disrupted the already tumultuous takeover bid for OreCorp by Canada's Silvercorp Metals with a full cash offer of…

High grades confirmed at Wind Break

22 Jan 2024 - ABx Group (ASX:ABX) has announced high-grade results emerging from the first drilling campaign at the Wind Break deposit.

Lynas reveals 40% decline in rare earths production

22 Jan 2024 - Lynas (ASX:LYC), a rare earths group, saw its shares under pressure on Monday after revealing a 40% year-on-year decline in rare earths production in the December qua…

Appen shares plummet as Google terminates contract

22 Jan 2024 - On Monday, the tech sector witnessed another dramatic downturn, as shares in Appen (ASX:APX) slumped by 37%, adding to the bloodshed in the market.

Stocks of the Hour: ABx Group, Evolution Energy Minerals, Koba Resources

22 Jan 2024 - A snapshot of the stocks on the move, featuring ABx Group (ASX:ABX), Evolution Energy Minerals (ASX:EV1) and Koba Resources (ASX:KOB).

Liontown Resources faces funding woes

22 Jan 2024 - In another 'bloody Monday' news release, Liontown Resources (ASX:LTR) has joined the project review queue, resulting in the loss of a massive funding package aimed at…

South32 expects 3% lower full-year output

22 Jan 2024 - South32 (ASX:S32) announced on Monday that it expects its full-year group output to be 3% lower than previously forecast.

Historic low in US home sales

22 Jan 2024 - American home sales hit a 30-year low, delivering bad news for News Corp and its 61% owned Australian US property listings REA Group.

Resource cutbacks hit WA's mining sector hard

22 Jan 2024 - The cutbacks in resources continue, especially in Western Australia, with the nickel and lithium sectors bearing the brunt of spending reductions, mine closures, and …

Biden-Harris Administration invests $46 Million to boost EV charging

22 Jan 2024 - In a significant move towards bolstering the United States' electric vehicle (EV) infrastructure and fostering clean energy employment, the Biden-Harris Administratio…

Key economic events and earnings reports to watch this week

22 Jan 2024 - This week in the US, important economic indicators will be released, including December inflation readings and GDP estimates, while Tesla and Netflix earnings reports…

The ASX 200 aims for a modest 26-point gain

22 Jan 2024 - The ASX 200 is set to seek a modest 26-point gain this morning following a strong finish for the SPI futures (early Saturday, Australian time). On Friday, the ASX 200…

Wall Street shakes off year-start blues, surges on year-end Fed pivot

22 Jan 2024 - Wall Street has finally shaken free of the year-start blues to pick up again on the year-end Fed pivot surge, although not with the same conviction as support for tec…

Oil prices dip amidst Middle East tensions

22 Jan 2024 - Oil prices dipped slightly on Friday, despite recording a notable weekly gain due to heightened tensions in the Middle East and a bullish update from the Internationa…

China's 2023 coal imports boost Australian trade account

22 Jan 2024 - In 2023, China provided a substantial $A8 to 10 billion plus a bonus to the Australian trade account, benefiting companies like Whitehaven Coal, BHP, Glencore, Yancoa…

Stocks of the Hour: Mesoblast, Andromeda Metals, Imugene

19 Jan 2024 - A snapshot of the stocks on the move, featuring Mesoblast (ASX:MSB), Andromeda Metals (ASX:ADN) and Imugene (ASX:IMU).

Coal slump hits Whitehaven and Yancoal hard

19 Jan 2024 - The impact of the slump in global thermal coal prices has become evident in the latest quarterly reports from major coal miners and exporters, Whitehaven and Yancoal …

Michael Hill slashes outlets

19 Jan 2024 - New Zealand-based jeweler, Michael Hill, has closed half a dozen outlets and retrenched staff and managers in response to what it calls "challenging conditions," whic…

BHP's South Australia expansion: Promising discoveries at Olympic Dam

19 Jan 2024 - South Australia has quietly emerged as BHP’s (ASX:BHP) future, with the company's December quarter and half-year report hinting at a massive extension of its already …

Tokyo's Nikkei market surges in 2024: Warren Buffett's Berkshire Hathaway benefits

19 Jan 2024 - Since the start of 2024, Tokyo's Nikkei market has seen remarkable action, hitting 35 and achieving new 36-year highs in the first fortnight of trading.

US initial unemployment claims hold undue influence on economic sentiment

19 Jan 2024 - US initial unemployment benefit claims remain a lower-tier economic statistic for the American economy; however, they continue to exert a larger-than-expected influen…

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