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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Jobs strength adds to rates pressure

17 Jun 2022 - The labour market didn’t get the memo about growing fears of a slowdown because of rising interest rates, rising costs, especially for petrol, weakening consumer spen…

Rio talking up prospects of new Pilbara ore mine

16 Jun 2022 - Rio Tinto is nearly halfway through its 2022 financial year and the major iron ore exporter has left its key production forecasts for the year unchanged, along with i…

NAB grows cautious but still sees soft landing

16 Jun 2022 - The National Australia Bank has gone a bit gloomier, cutting its economic growth forecast and raising its inflation estimates for 2022 and 2023 while altering its thi…

Workers to get raise, but not in real terms

16 Jun 2022 - Australia’s lowest-paid workers will get a 5.2% pay rise but they, like millions of other employees, will still fall behind the soaring cost of living.

Pick and mix for Chinese May eco data

16 Jun 2022 - China’s economic activity didn’t go backwards as it did in Covid-hit April, neither did it soar, it was more a case of a not very convincing middle ground.

Crypto crisis deepens and spreads

15 Jun 2022 - The crypto world continues to be rattled by the spillover of those big falls of Friday, the weekend and Monday, with the decision by Celsius Network to suspend withdr…

Now comes the true test for consumer confidence

15 Jun 2022 - Concerns about rising inflation and slowing demand dented business confidence in May but the National Australia Bank says conditions and forward orders both remained …

Havieron and on and on for Newcrest

15 Jun 2022 - The Havieron JV between Newcrest Mining and London-listed Greatland Gold continues to grow, with the gold/copper resource extending over at least 1 kilometre of conti…

Heat on crypto as Celsius halts withdrawals

14 Jun 2022 - Has Monday been crypto’s own Black Monday to mark a clean out in the fortunes of the nascent sector?

A double dose of cosmetic surgery, market style

14 Jun 2022 - Friday saw two major global brands’ futures exposed by separate statements.

Diary: Working for the man

14 Jun 2022 - While markets will focus this week on central banks in the US, Britain and Japan as well US retail sales, attention here will be on the May jobs data and a couple of …

Commodities Corner: The most vicious of circles

14 Jun 2022 - Commodity prices are still being held hostage by the Fed and interest rates, with matters not helped at all by the sharp rise in US consumer prices in May.

Market Minutes: Dotting and plotting

14 Jun 2022 - What a week we had last week and what a week lies ahead – we know all about the former with another surge in US inflation – the coming few days is all about the two-d…

Devil's in the details for Chinese trade data

14 Jun 2022 - The fragility in the Chinese economy wasn’t to be found in the trade data for May – it was exuberantly strong with the second highest surplus on record as exports soa…

TSX wins race to the pole with battery metals index

14 Jun 2022 - Here’s another example of an opportunity lost by Australian financial regulators, led by the ASX.

BYD continues to outpace Tesla in China

14 Jun 2022 - Elon Musk’s Tesla might have seen a sharp improvement in production of electric vehicles (or New Energy Vehicles, as China classifies them, or NEVs) from its huge Sha…

Market losing sight of the big picture with Aussie banks

14 Jun 2022 - Bank stocks have taken a pounding in the past week – collectively the big four are down more than 10% (a correction) on fears of rising bad debts – and for now the ma…

Rollercoaster ride continues for Chinese economy

10 Jun 2022 - China’s May trade performance was better than forecast, but the data suggests an unbalanced level of activity in the economy thanks to Covid with signs high commodity…

Still a few chips to fall for Crown bid to pass

10 Jun 2022 - The fate of the $8.9 billion US private equity bid for troubled Crown Resorts now rests in the hands of WA regulators after the Victorian and NSW regulators approved …

As the World Bank turns

08 Jun 2022 - Blame Russia’s invasion of Ukraine for the gloomy change in the tone of the latest forecast for the global economy from the World Bank which has slashed its growth fo…

More woes for Target another shock for retailers

08 Jun 2022 - Even though the news was a shock, this time round there was no 29% plunge in the value of shares of giant US retailer Target as we saw in May with a weak first quarte…

Sasanof done and dusted for WA energy juniors

08 Jun 2022 - It was a ‘duster’ – that’s what American oil people call a dry hole.

Gunfight at the Twittersphere corral

07 Jun 2022 - Cue the lawyers’ picnic as Elon Musk continues to try and find room to escape his high-priced bid for Twitter.

Public service wage rise on the cards for NSW

07 Jun 2022 - The NSW government looks like it has cleared the way for public service wages to rise by up to 3% in the next two years, and perhaps a bit more, after a surprise anno…

Opinions divided on RBA's next move

07 Jun 2022 - Surprisingly, given the number of previous forecasts for a rise of 0.40%, the consensus for today’s rise in the Reserve Bank’s cash rate now seems to have shifted to …