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Oil prices hover near two-month high

03 Jul 2024 - Oil prices held firm near their highest levels in two months, driven by indications of a major reduction in US crude inventories.

Shoppers continue to seek discounts

03 Jul 2024 - Under pressure, Australian shoppers have again demonstrated their savvy by chasing discounts in May, just as they did last November.

Stocks of the Hour: Waratah Minerals, AML3D, Sayona Mining

03 Jul 2024 - A snapshot of the stocks on the move, featuring Waratah Minerals (ASX:WTM), AML3D (ASX:AL3) and Sayona Mining (ASX:SYA; OTCQB:SYAXF).

Ramelius stalks Spartan

03 Jul 2024 - Cashed-up Ramelius Resources (ASX:RMS) continues to raise eyebrows in the market as it stalks Spartan Resources, a smaller WA gold mining rival.

Tesla shares surge despite mixed sales performance

03 Jul 2024 - Shares in Tesla rose 10% on Tuesday after it revealed a quarterly sales performance that wasn’t as bad as analysts and others had forecast.

Surprise increase in job vacancies signals strength in US labor market

03 Jul 2024 - New figures released on Tuesday have further confounded views about the health of the US economy and labor market, which appear to be stronger than expected, with an …

Zeekr sets new records in China's EV market

02 Jul 2024 - Chinese electric vehicle manufacturer Zeekr, a subsidiary of Geely, reported a record-breaking month in June, delivering 20,106 vehicles.

ANZ sanctioned for charging fees to deceased estates

02 Jul 2024 - They never learn, do our big banks? Even though they drove the market’s modest gains in 2023-34, keeping it from a rotten, negative performance, one—the ANZ—did so wi…

Liontown secures strategic partnership to deliver long-term funding

02 Jul 2024 - At one stage in 2023, Liontown Resources (ASX:LTR) announced it had secured a $A1.13 billion funding package to bring its Kathleen Valley spodumene mine in Western Au…

Liontown Resources halts trading amid funding rumours

02 Jul 2024 - Troubled lithium wannabe Liontown Resources (ASX:LTR) had trading in its shares halted Tuesday as rumors spread that it’s facing further funding pressures for its alm…

Stocks of the Hour: TMK Energy, Critical Resources, Pivotal Metals

02 Jul 2024 - A snapshot of the stocks on the move, featuring TMK Energy (ASX:TMK), Critical Resources (ASX:CRR) and Pivotal Metals (ASX:PVT).

CEO steps down from Bendigo and Adelaide Bank

02 Jul 2024 - In a surprise announcement, Bendigo and Adelaide Bank (ASX:BEN) has announced that CEO Marnie Baker is stepping down after 35 years with the bank, the last six as CEO…

BYD reports record sales

02 Jul 2024 - BYD, the world's biggest maker of electrified vehicles, has revealed record sales for June and the second quarter. However, this growth occurred at a slowing pace, su…

Anglo American shares fall amid Grosvenor mine fire

02 Jul 2024 - Shares in Anglo American ended down 2.4% in London after news broke that it had suspended production at the Grosvenor premium coking coal mine in central Queensland d…

US corporate profits surge to near three-year high

01 Jul 2024 - US corporate profits are set to achieve their fastest growth rate in nearly three years, providing a substantial lift to the stock market as it approaches record leve…

Ban on heavy fuel oil takes effect in Arctic waters

01 Jul 2024 - In a pivotal move for environmental conservation, a ban on Heavy Fuel Oil (HFO) has been implemented in Arctic waters, aiming to mitigate its profound ecological impa…

Nvidia stock surges more than 150% in the first six months of 2024

01 Jul 2024 - Nvidia has emerged as a standout performer in the financial markets during the first half of 2024, with its stock soaring by an impressive 150%. This surge has notabl…

Inflation concerns loom over Australia's economic forecast

01 Jul 2024 - Higher-than-expected inflation will take at least 12 months to approach the Reserve Bank of Australia’s (RBA) target, raising doubts about Treasurer Jim Chalmers’ opt…

Australia's resource export earnings forecast to fall further

01 Jul 2024 - Australia's export earnings from natural resources dropped by roughly 10% over 2023-24 and are forecast to fall further in the coming year, according to the June quar…

China tightens rare earth regulations amid rising global competition

01 Jul 2024 - Are the growing number of rare earth projects in Australia and elsewhere starting to force China onto the back foot?

Wall Street banks announce higher dividends and buybacks after stress test

01 Jul 2024 - America’s eight banking giants revealed their capital management plans late Friday after the US Federal Reserve had cleared them in the latest stress test of the heal…

Stocks of the Hour: Wellard, Infini Resources, Argent Minerals

01 Jul 2024 - A snapshot of the stocks on the move, featuring Wellard (ASX:WLD), Infini Resources (ASX:I88) and Argent Minerals (ASX:ARD).

Anglo American shuts down Queensland mine after underground fire

01 Jul 2024 - Anglo American has closed an underground coal mine in central Queensland after a fire broke out over the weekend.

Warren Buffett's evolving estate plans

01 Jul 2024 - In a weekend media interview, Warren Buffett revealed a substantial change to his planning for his $US128 billion-plus estate, confirming that his three children will…

Market outlook for 2024-25

01 Jul 2024 - A significant 35-point drop is anticipated on the first day of ASX trading in the 2024-25 financial year, likely to become a frequent occurrence in the months ahead a…

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