Finance News Network

News by Glenn Dyer

Glenn Dyer

Glenn Dyer has been a finance journalist and TV producer for more than 40 years. He has worked at Maxwell Newton Publications, Queensland Newspapers, AAP, The Australian Financial Review, The Nine Network and Crikey.

Prior Page Next Page

Nevada project already bearing fruit for Ioneer

02 Aug 2022 - Shares in Ioneer (ASX:INR) firmed a little Monday on the news that the company had struck a lithium supply deal from its Nevada project in the US with the joint batte…

Aussie Broadband drops out of favour

02 Aug 2022 - From market darling in 2021 to market pariah so far in 2021 – a familiar experience for tech stocks these days as Aussie Broadband (ASX:ABB) grapples with the vagarie…

Oz property decline continues as rate rises bite

02 Aug 2022 - The slide in Australia house prices accelerated last month in the wake of more bad publicity than you can poke a stick at and four rate rises in a row from the Reserv…

Economics wrap: At a rate of knots

01 Aug 2022 - Australian interest rates will rise for a fourth month in a row when the Reserve Bank again lifts the cash rate at its August meeting tomorrow.

Commodities corner: Taking ones lumps

01 Aug 2022 - Unlike equities, up to last week commodities had spent much of July on the slide, replicating the June quarter.

Diary: Why the long face?

01 Aug 2022 - A quieter week ahead compared after what we saw and heard last week – just a little quieter though with a rate rise in Australia, another expected in India, the US jo…

Monday market minutes: Bulls hitting back

01 Aug 2022 - Global markets start a new month of trading with July’s performance the best for a month since late 2020.

Discretionary spending the first domino for US retail

31 Jul 2022 - One small update on Wednesday from Best Buy told us a lot about the health of US retailing in the US -- it is weakening and the problems are not just confined to the …

Lacklustre gold market in need of a spark

31 Jul 2022 - Gold prices continue to drift -- down another $US40-50 an ounce since the end of the June quarter when they dropped $US147 an ounce or more than 6%, according to Come…

Fortescue's $6 billion revenue hole

31 Jul 2022 - What Twiggy Forrest’s Fortescue Metals Group didn’t tell you in its June quarter and 2021-22 production report on Thursday was the $US6 billion hole in its annual rev…

Another busy week in the local mining space

31 Jul 2022 - Even for the ever-dynamic local mining sector, the week just ended was a particularly busy one. Here’s the latest from Sandfire, St Barbara, Regis, Perseus, Galena an…

Iron ore, LNG put on their rally caps

29 Jul 2022 - Heading into the end of July, the prices of two major Australian exports – LNG and iron ore have seen a very sharp recovery this week.

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.

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.

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…

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…