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Budget forecasts experience a miss

15 May 2024 - The economic forecasts of the 2023-24 federal budget have already experienced a miss, with March quarter wages growth slowing more sharply than forecast. This was att…

Elementos announces licensing activities for Oropesa Tin Project

15 May 2024 - Elementos (ASX:ELT) has announced the restart of Definitive Feasibility Study and licensing activities for the Oropesa Tin Project after reaching an agreement with th…

Stocks of the Hour: Australian Gold and Copper, Norwest Minerals, Elementos

15 May 2024 - A snapshot of the stocks on the move, featuring Australian Gold and Copper (ASX:AGC), Norwest Minerals (ASX:NWM) and Elementos (ASX:ELT).

Focus on the markets: Trading volumes

15 May 2024 - In the world of share market investing, charts serve as an indispensable tool for decision-making. They provide vital insights into market trends, price movements, an…

CSR reports higher profits from building products business

15 May 2024 - CSR (ASX:CSR) has reported higher profits from its building products business but a loss from aluminum for the year ending March 31, its last results as a listed comp…

BYD delays lithium cathode project in Chile

15 May 2024 - The recession in the global lithium and battery materials markets has finally hit home in China, with BYD, the world’s biggest maker of electrified vehicles, postponi…

Treasurer Jim Chalmers delivers back-to-back surplus budget amidst cost of living concerns

15 May 2024 - Treasurer Jim Chalmers presented his third consecutive budget on Tuesday night, marking a significant milestone with a back-to-back surplus of $9.3 billion – a feat n…

Anglo American shares rise to record close

15 May 2024 - Anglo American shares initially fell but later rose to close higher on Tuesday after the embattled miner laid out its response to BHP’s two spurned takeover offers.

Insights into spending, forecasting, and growth

15 May 2024 - So, the cash will be spent, the surplus run down, and deficits of more than $70 billion in 2024-25 and 225-26, but all this as consumers retreat into their shells.

Rate cuts loom

15 May 2024 - Even though the Fed has made it clear there will be no rate rise until it is really convinced that inflation is falling sustainably, big global investors are ignoring…

Anglo American revamps itself following BHP's second takeover offer

15 May 2024 - Less than a day after rejecting BHP’s (ASX:BHP) second takeover offer, Anglo American says it is starting its so-called Plan B to revamp itself—and do several things …

China's car market slows in April

14 May 2024 - China's car market slowed in April, and had it not been for a reasonable performance by the still-growing new energy vehicle sector, total sales would have looked for…

Stocks of the Hour: Castillo Copper, TechGen Metals, Rincon Resources

14 May 2024 - A snapshot of the stocks on the move, featuring Castillo Copper (ASX:CCZ), TechGen Metals (ASX:TG1) and Rincon Resources (ASX:RCR).

GUD expects underlying earnings to be on track

14 May 2024 - Two days before its investor day on Wednesday, GUD (ASX:GUD) stated that its expected underlying earnings are on track, though its dominant automotive operation will …

BHP makes second attempt to buy Anglo American

14 May 2024 - BHP (ASX:BHP) has made a second attempt to buy Anglo American, offering a revised bid worth 34 billion pounds or $US42.7 billion — and Anglo immediately rejected it f…

Rio Tinto suffers major incident with one of its autonomous iron ore trains

14 May 2024 - In the third incident of its type in 11 months, Rio Tinto (ASX:RIO) has suffered a major incident with one of its autonomous iron ore trains in the Pilbara overnight …

Business conditions back around long-term readings

13 May 2024 - Ahead of Tuesday’s federal budget, the Australian economy eased in April, with business conditions and confidence back around long-term readings, but retail still rem…

ARN Media still pursuing Southern Cross Austereo

13 May 2024 - ARN Media (ASX:A1N) still harbors ambitions for control of Southern Cross Austereo (SCA), even though it lost its partner, private equity group Anchorage Capital, in …

New Chair of Bendigo and Adelaide Bank

13 May 2024 - Bendigo and Adelaide Bank (ASX:BEN) has confirmed the appointment of Vicki Carter as the bank’s permanent chair, three weeks after David Foster stepped aside in the w…

Stocks of the Hour: Anax Metals, Brightstar Resources, Element 25

13 May 2024 - A snapshot of the stocks on the move, featuring Anax Metals (ASX:ANX), Brightstar Resources (ASX:BTR) and Element 25 (ASX:E25).

Ramelius unveils plans for third million-ounce mine

13 May 2024 - Ramelius (ASX:RMS) announced that it will now have a third million-ounce mine project at its Mt Magnet area of interest in WA’s midwestern goldfields.

China's consumer prices rise for a third straight month

13 May 2024 - China's consumer prices rose for a third straight month in April, while producer prices extended their declines, as cost pressures remained mixed across a stuttering …

Eyes on US consumer inflation

13 May 2024 - For all the noise and punditry about Tuesday night’s 2024-25 federal budget, investors will be looking later in the week to see what happened with US consumer inflati…

Anchorage Capital Partners' shock withdrawal

13 May 2024 - Private equity group Anchorage Capital Partners has stunned investors, including ARN, with its shocking decision to drop out of the bid for Southern Cross Austereo. T…

Mixed week on Wall Street

13 May 2024 - A solid finish to the stock markets on Friday, but today will see a more circumspect ASX re-open.

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