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Hancock Prospecting sets sights on rare earths

17 Apr 2024 - After spending billions to secure an overpriced position in lithium, Gina Rinehart and her company, Hancock Prospecting, are now setting their sights on rare earths. …

Iron ore prices slide despite stable Chinese steel production

17 Apr 2024 - Despite a fairly solid Chinese crude steel production figure for March, iron ore prices slid 2.3% in Singapore on Tuesday as uncertainty about the real health of the …

Still waiting for signs on inflation

17 Apr 2024 - Fed chair Jay Powell made it clear at a function on Tuesday that the central bank is still waiting for signs that US inflation is on the way down, as it was for most …

Further disarray at Star

17 Apr 2024 - No wonder shares in Star Entertainment Group (ASX:SGR) lost another 14% on Tuesday, following further damning disclosures during the second day of the inquiry into th…

China's first quarter economic performance and property crisis

16 Apr 2024 - China’s gross domestic product grew 5.3% in the first quarter from the same period in 2023, surpassing conservative forecasts of around 4.6% to 5%. However, it was on…

Stocks of the Hour: Dalaroo Metals, Decmil Group, Far Northern Resources

16 Apr 2024 - A snapshot of the stocks on the move, featuring Dalaroo Metals (ASX:DAL), Decmil Group (ASX:DCG) and Far Northern Resources (ASX:FNR).

Far Northern Resources unveils significant discoveries at Empire

16 Apr 2024 - Brisbane-based gold exploration and base metals company, Far Northern Resources (ASX:FNR), debuted on the ASX on Friday and wasted no time in unveiling a noteworthy d…

Iron ore prices continue to rise in spite of increased portside stocks

16 Apr 2024 - Iron ore prices continued rising on Monday despite another (small) rise in portside stocks at China’s top 45 ports last week.

The unraveling of Star Entertainment Group

16 Apr 2024 - At the close on Monday, the near 4% fall in the price of Star Entertainment Group shares ended up being a positive outcome on a day when yet more incredible and highl…

The state of US consumer sentiment and retail sales

16 Apr 2024 - The accuracy of the various surveys of US consumer sentiment, which showed weak levels of confidence, has been cast into considerable doubt by an even stronger retail…

Interest rate plateau: Beating the market in 2024?

16 Apr 2024 - The higher for longer narrative gains traction as US consumer data holds steady and markets hit all time highs. The late cycle AI heated market rally may be cause for…

Tesla faces layoffs and share slump

16 Apr 2024 - Tesla shares slumped on Monday after online news services reported that the EV giant was about to cut its worldwide job numbers by 10%.

Gold Road's Canadian ambitions stir concerns

15 Apr 2024 - Investors delivered a thumbs down to Gold Road Resources (ASX:GOR) after it confirmed ambitions to try to buy a mining company in Canada. The shares fell more than 7%…

Stocks of the Hour: Piedmont Lithium, Findi, Empire Energy Group

15 Apr 2024 - A snapshot of the stocks on the move, featuring Piedmont Lithium (ASX:PLL), Findi (ASX:FND) and Empire Energy Group (ASX:EEG).

Kin Mining and PNX Metals announce merger

15 Apr 2024 - Two months after it was first mooted, Kin Mining (ASX:KIN) and PNX Metals (ASX:PNX) are set to marry in an all-share union of mining's smaller players.

IEA reports growing impact of EV sales on global oil demand

15 Apr 2024 - All the tremors around markets on Friday and the weekend buried the appearance of a major global oil demand estimate of the early impact of the stuttering transition …

Coventry Group seeks $25 million from shareholders

15 Apr 2024 - Industrial parts supplier Coventry Group (ASX:CYG) is set to request $25 million from shareholders to finance a $42.1 million acquisition across the Tasman. The compa…

Fed's Daly says there is no urgency to cut rates

15 Apr 2024 - Federal Reserve Bank of San Francisco President Mary Daly says there is no urgency to adjust interest rates, given a strong labor market, robust consumer spending, an…

China's strong 2024 start halts

15 Apr 2024 - China's strong start to 2024 came to a rapid halt in March, judging by this week’s inflation and trade data.

Oil rebounds despite IEA's trimmed forecast

15 Apr 2024 - Oil rebounded Friday even as the International Energy Agency trimmed its forecast rise in 2024 global oil demand.

Gold prices soar to record highs before retreating

15 Apr 2024 - Gold prices surged over $2,400 an ounce in early trading on Friday, hitting successive, never-before-contemplated highs in the wake of the very dovish statements from…

Reality strikes Wall Street

15 Apr 2024 - Reality struck Wall Street on Friday from various directions, setting up a nasty opening for the ASX this morning. Friday night’s share price futures platform had the…

US quarterly reporting season heats up

15 Apr 2024 - The US March quarter reporting season accelerates this week with three more banks and Netflix down to be the most watched filers.

BP shares surge amidst UAE's acquisition interest

15 Apr 2024 - Shares in the oil major BP surged by 3.4% on Friday following reports that the United Arab Emirates' (UAE) state-owned oil company had recently considered purchasing …

World iron ore prices surge by 15% following recent dip

15 Apr 2024 - Two weeks after experiencing a price slide in late March and early April, world iron ore prices made a remarkable recovery last week, registering a substantial 15% ga…

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