Finance News Network

Latest News

Judge puts Musk on the clock for Twitter bid

08 Oct 2022 - So now we have a deadline for Elon Musk to put up or shut up in his tortuous $US44 billion bid for Twitter.

Bowsers at thirty paces for US, Saudis on OPEC+ cut

08 Oct 2022 - Oil prices are up around $US9 a barrel since the idea of a big production cut by the OPEC+ group emerged last Friday with confirmation of earlier Reuters reports that…

Green for go across the lithium universe

08 Oct 2022 - The revisions to previous forecasts in the September Resources and Energy Quarterly this week from the Federal Department of Industry told the story about the gatheri…

Stocks of the Hour: Tamboran Resources, Kula Gold

07 Oct 2022 - A snapshot of the stocks on the move featuring Tamboran Resources (ASX:TBN) and Kula Gold (ASX:KGD).

Downgrade for Appen as ad revenues shrink

07 Oct 2022 - With its big clients like Facebook and Google seeing revenues slide as online advertising slows, another downgrade for artificial intelligence data services company A…

Cooler heads prevail in Ranger brouhaha

07 Oct 2022 - Rio Tinto (ASX:RIO) has welcomed the news from Energy Resources of Australia (ASX:ERA) that it will renew its independent board committee as the two companies move to…

Ore habits hard to break for Vale

07 Oct 2022 - Brazilian mining company Vale has made the curious decision to sell part of its big copper and nickel business – which represents enormous future growth potential, ra…

Market all fired up over coal stocks

07 Oct 2022 - Wishful thinking by Australian investors yesterday with more record highs for local coal miners like Whitehaven and New Hope as punters sought to buy to grab extra pr…

Stocks of the Hour: Riversgold, Mount Ridley Mines, Lake Resources

06 Oct 2022 - A snapshot of the stocks on the move featuring Riversgold (ASX:RGL), Mount Ridley Mines (ASX:MRD) and Lake Resources (ASX:LKE).

No let-up on rate rises from RBNZ

06 Oct 2022 - Unlike the Reserve Bank of Australia which halved its rate rise to 0.25% on Tuesday from August’s 0.50%, the Reserve Bank of New Zealand has continued to hammer the c…

US jobs market showing first signs of frostbite

06 Oct 2022 - The US labour market has shown the first clear sign of the impact of the Federal Reserve’s aggressive rate rises to slow growth and inflation with a huge one million …

Tesla making bigger dent in local car sales

06 Oct 2022 - For the second month in a row, sales of electric vehicles (EVs), mostly Tesla – have had a noticeable impact on car sales figures in Australia.

ASIC paying plenty of interest to Harvey Norman

06 Oct 2022 - Corporate regulator ASIC has launched legal action against Latitude Finance Australia and major consumer goods retailer Harvey Norman (ASX:HVN) over the promotion of …

De Grey goes to market for Mallina upgrade funding

06 Oct 2022 - De Grey Mining (ASX:DEG) is looking for $150 million in a new round of fund raising to further the development of its rich Mallina gold project in WA which will becom…

Stocks of the Hour: Latin Resources, American Rare Earths, Demetallica

05 Oct 2022 - A snapshot of the stocks on the move featuring Latin Resources (ASX:LRS), American Rare Earths (ASX:ARR) and Demetallica (ASX:DRM).

Tightened policy taking toll on property market

05 Oct 2022 - The Australian housing sector is feeling some of the pressure from five successive rate rises from the Reserve Bank (six, if you include yesterday’s).

Best Quarter in Four Years for Netflix Shares

05 Oct 2022 - Go figure. Believe it or not but after being sold off heavily in the June quarter because growth in its subscriber numbers had vanished, Netflix shares have just had …

RBA hedges its bets with smaller rate rise

05 Oct 2022 - Some saw the Reserve Bank’s decision to lift the cash rate by 0.25% as a ‘surprise’ – they shouldn’t because a rise of that size or even 0.40% was always on the cards…

Oz trade riding the coattails of lithium and friends

05 Oct 2022 - The green minerals boom is transforming Australia’s export performance faster than many analysts had forecast.

Stocks of the Hour: ImpediMed, Eastern Resources, Volt Resources

04 Oct 2022 - A snapshot of the stocks on the move featuring ImpediMed (ASX:IPD), Eastern Resources (ASX:EFE) and Volt Resources (ASX:VRC).

Tesla set for record quarter despite production miss

04 Oct 2022 - Tesla is looking at solid third quarter earnings despite the electric vehicle giant missing its own forecast for deliveries of its iconic vehicles in the three months…

Commodities corner: A crude reckoning

04 Oct 2022 - Oil pricing returns to the agenda for commodities this week, though the events in the financial markets in Britain will still grab centre stage, especially with the C…

Diary: Home is where the heart is

04 Oct 2022 - So will the Reserve Bank blink at its October meeting today and either trim its planned half a per cent rate rise to 0.25%, or even sit and hold at the current rate o…

Tuesday trading tidbits: Airbags deployed

04 Oct 2022 - No matter what filter, yardstick or obscure factoid analysts can dredge up to try and gild the lily, global markets and Wall Street in particular had a very rough Sep…

For China, what you Xi is what you get

01 Oct 2022 - There’s just over two weeks to when President Xi Jinping becomes the ruler of China for a third five-year period and the most powerful man in the country since Chairm…

Prior Page Next Page