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.

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Unexpected rise in US inflation challenges Federal Reserve's rate strategy

13 Mar 2024 - US inflation unexpectedly rose to 3.2% last month, which will likely make the US Federal Reserve reluctant to change its approach to rate cuts this year.

Business conditions show improvement

12 Mar 2024 - Business conditions improved slightly in February, yet confidence dipped, according to the latest NAB survey on the Australian economy.

Ramelius Resources unveils 10-year mining plan

12 Mar 2024 - Ramelius Resources (ASX:RMS) recently unveiled a comprehensive 10-year mining plan for its flagship Mt Magnet operation in Western Australia.

Wet weather challenges persist for WA miners

12 Mar 2024 - The latest victim of nature's fury is Capricorn Metals' (ASX:CMM) Karlawinda gold mine, nestled in the heart of the Pilbara.

China's copper crisis

12 Mar 2024 - China's 18 top copper processors are convening tomorrow to address the burgeoning crisis in copper concentrate supplies, marking a pivotal moment for the world's larg…

Lake Resources pursues swift $20 Million

12 Mar 2024 - Lake Resources (ASX:LKE) is seeking a rapid $20 million infusion just a week after announcing a second round of cost reductions to safeguard its prized Kachi lithium …

Pilbara revives spodumene auctions

12 Mar 2024 - Pilbara Minerals (ASX:PLS) is poised to reinvigorate the market for spodumene concentrate as it gears up to resume its auctions early next week. The move comes as the…

Iron ore plunge sends shockwaves through markets

12 Mar 2024 - Monday marked a significant reversal for major banks following Friday’s surge, but the real concern for the local market emerged with a nearly 7% plummet in iron ore …

Iron ore prices plummet

11 Mar 2024 - Iron ore prices have taken a nosedive, plummeting nearly 5 per cent and inching towards the $US110 a tonne threshold, as China's demand disappoints, leaving the marke…

China's tough love stance on property sector crisis

11 Mar 2024 - In yet another display of stern resolve, the Chinese government is doubling down on its stance towards the beleaguered property sector, signaling a no-nonsense approa…

Japan's stock market dips amid economic growth data evaluation

11 Mar 2024 - Japan's stock market sold off steeply on Monday as investors assessed better economic growth data and concluded that it could see the end of the current super easy mo…

Crisis deepens for Panoramic Resources

11 Mar 2024 - The prospects for Panoramic Resources (ASX:PAN) and its beleaguered Savannah nickel, copper, gold mine have taken a significant hit with the recent appointment of rec…

China's iron ore imports surge

11 Mar 2024 - China may have boosted iron ore imports to over 209 million tonnes for the first two months of this year. However, recent data confirms that weak demand from steel mi…

China's Lunar New Year boosts consumer prices

11 Mar 2024 - China can attribute the better-than-forecast seasonal rise in consumer price inflation in February to the Lunar New Year break. However, the holiday break, known for …

Gold soars despite investor exodus from metal-backed ETFs

11 Mar 2024 - Despite gold hitting a series of record highs last week, the precious metal is doing it without the support of most investors, as the outflow of metal from metal-back…

Market sentiment shifts as Wall Street records worst weekly loss since October

11 Mar 2024 - Well, I guess it pays to have a bit of perspective in markets at times when the momentum is all go, go, go and record-breaky. After what was a 'goldilocks' US jobs re…

Mixed signals in oil markets

11 Mar 2024 - Oil prices stalled last week, despite a weaker US dollar and lower bonds rates and lot’s of bullish chat about rising demand.

US Fed eyes inflation fight

11 Mar 2024 - This week, the focus of US markets shifts back to inflation, with investors anticipating potential rate cuts sooner rather than later. Last week, Wall Street saw a te…

Ramelius Resources eyes takeover target

08 Mar 2024 - Ramelius Resources (ASX:RMS) appears to embrace the adage "a takeover a year keeps the wolves at bay," as evidenced by its latest development.

FMG Resources makes move into NSW copper-gold

08 Mar 2024 - Twiggy Forrest's FMG Resources has made a significant move into the highly prospective copper-gold region of central western NSW with a placement and funding deal.

Banks navigate economic challenges

08 Mar 2024 - Numerous financial commentators, both within and outside the markets, persist in warning about potential risks to Australia's banks from bad debts, particularly conce…

China's commodity appetite

08 Mar 2024 - Once again, China's appetite for major commodities clashes with the uneven health of the country's massive manufacturing sector.

ASX fined over compliance breaches

07 Mar 2024 - It’s a poor state of affairs when a key market player in Australia - the ASX - cops a fine from the key market regulator - ASIC - for breaches of its own rules.

Virgin Money UK to be acquired by Nationwide Building Society

08 Mar 2024 - Britain’s Nationwide Building Society has reached a "preliminary" agreement to buy Virgin Money UK PLC for £2.9 billion ($A5.57 billion) in a deal that would create t…

Europe poised for mid-year rate cut as Fed eyes inflation data

08 Mar 2024 - In a dynamic week of financial maneuvering, Europe appears to be positioning itself for a mid-year rate cut, while across the Atlantic, all eyes are on the United Sta…