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Chinese Government blinks, eyes property bailout

29 Jul 2022 - A flurry of excitement Thursday afternoon as the government of President Xi Jinping finally broke and let slip plans for a $US144 billion bailout (yuan 1 trillion) of…

Amazon, Apple jump in late trade

29 Jul 2022 - Shares in Amazon and Apple jumped in afterhours trading after investors concluded that, unlike Meta and Alphabet, both tech giants had done as well as could be expect…

Glencore finally tips out Yancoal (ASX:YAL) stake

29 Jul 2022 - Global commodities giant and Australia’s biggest thermal coal miner Glencore has finally managed to exit its small stake in the Chinese-controlled Yancoal Australia (…

Macquarie (ASX:MQG) Turns Volatility into Profitability

29 Jul 2022 - Macquarie Group (ASX:MQG) CEO Shemara Wikramanayake has revealed a rise in first quarter profits for the investment bank, buoyed by the global volatility in commoditi…

Fortescue (ASX:FMG) pinning its hopes on ore turnaround

29 Jul 2022 - Fortescue Metals Group (ASX:FMG) wants to ship 3 million more tonnes of iron ore in 2022-23 into a market that most analysts reckon will be oversupplied.

Reality biting at last for local retail sector

29 Jul 2022 - Clear signs of a slowdown in growth appeared in retail sales for the month of June data from the Australian Bureau of Statistics yesterday.

Stocks of the Hour: Laybuy Holdings, Euro Manganese, ELMO Software

28 Jul 2022 - A snapshot of the stocks on the move featuring Laybuy Holdings (ASX:LBY), Euro Manganese (ASX:EMN) and ELMO Software (ASX:ELO).

Wall Street approves of Fed aggression

28 Jul 2022 - Wall Street share prices took off after the US Federal Reserve raised its key interest rate by 0.75% for the second meeting in a row.

Demystifying Bitcoin, Blockchain and digital assets

28 Jul 2022 - Investors know that cryptocurrencies have been falling heavily. Bitcoin alone is down almost 70% from its peak, and this crypto correction has triggered all sorts of …

IGOing (ASX:IGO) along very nicely

28 Jul 2022 - Miner and resource investor IGO (ASX:IGO) finished the year to June with a wet sail, with good news all round – higher revenue, higher underlying earnings, the Wester…

Record CPI figure comes almost as a relief

28 Jul 2022 - Annual CPI inflation hit its highest ever annual rate of 6.1% in the June quarter and while a record, it was less than many in the markets had forecast.

Rio (ASX:RIO) sets poor tone for resource major earnings

28 Jul 2022 - Rio Tinto (ASX:RIO) has kicked off June 30 reporting for the world’s resource majors that will probably mark the peak period for the sector as prices ease, demand wea…

Biosecurity threats infecting Australian agriculture

28 Jul 2022 - Recently, Australian agriculture has been challenged by global bio-security threats. Four weeks ago, Australia was introduced to the varroa destructor mite. This mite…

Stocks of the Hour: Cobre, Silver Lake Resources, BetMakers Technology Group

27 Jul 2022 - A snapshot of the stocks on the move featuring Cobre (ASX:CBE), Silver Lake Resources (ASX:SLR) and BetMakers Technology Group (ASX:BET).

IMF gets a right bout of the blues

27 Jul 2022 - The global economic outlook has become “gloomy and more uncertain”, according to the latest forecasts from the International Monetary Fund (IMF), with inflation, Covi…

Origin's tentacles get a top-up

27 Jul 2022 - Origin Energy(ASX:ORG) has invested another $163 million to maintain its 20% stake in Octopus Energy, the fastest growing energy provider in the UK.

Bond Street Bites: APRA, WOW, MYR

27 Jul 2022 - Two notable retirements in the Australian business world yesterday with the nation’s most senior banking regulator, Wayne Byres stepping down as chair of the Australi…

Answers forthcoming for Wiluna collapse

27 Jul 2022 - Investors in Wiluna Mining (ASX:WMC) hope to start getting answers next Monday as to why their company suddenly collapsed late last week and went into administration.

Newmont hoses down Oz/African expectations

27 Jul 2022 - Newmont (ASX:NEM), the world’s biggest gold miner has warned of delays and cost increases at its expansion projects in Australia and Africa, blaming current market co…

Stocks of the Hour: Andromeda Metals, Myer, Vulcan Energy

26 Jul 2022 - A snapshot of the stocks on the move featuring Andromeda Metals (ASX:ADN), Myer Holdings (ASX:MYR) and Vulcan Energy Resources (ASX:VUL).

Late Walmart downgrade sets the street on edge

26 Jul 2022 - Walmart (NYSE:WMT) sent tremors through Wall Street and global retailing with a surprise after hours trading downgrade for the three months to June and for the rest o…

Babylon Pump & Power eyes lucrative rental sector

26 Jul 2022 - When Michael Shelby and some colleagues formed mining services minnow Babylon Pump & Power (ASX:BPP) in 2017, all he had was a good reputation in the sector spanning …

Mining Morsels: OZL, S32

26 Jul 2022 - Updates Monday from major miners OZ Minerals and South32 told a similar story – the fourth quarter saw disruptions caused by Covid, the Russian invasion of Ukraine, r…

Flight Centre forecast gets a slight upgrade

26 Jul 2022 - Travel agency Fight Centre (ASX:FLT) has narrowed its forecast loss for the year to June in a trading update issued Monday, a month or so it before it reveals its ful…

No luck of the Irish for EML Payments

26 Jul 2022 - Shares in EML Payments (ASX:EML) crashed more than 20% for the second time in a couple of weeks on Monday on more bad news from Ireland.

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