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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Ansell suspends shares ahead of $975 million acquisition of Kimberly-Clark's PPE business

08 Apr 2024 - Medical products and protective wear group, Ansell (ASX:ANN) had its shares suspended on Monday ahead the announcement of its proposed acquisition of the personal pro…

Silver Lake Resources reports increase in gold and copper sales for March quarter

08 Apr 2024 - Silver Lake Resources (ASX:SLR), a prominent player in the gold and copper mining sector, has announced a rise in gold and copper sales for the March quarter. However…

US investors: Confused or fixated on falling interest rates?

08 Apr 2024 - Are US investors confused, or so besotted with the idea of falling interest rates that they ignored the strongest single month's jobs figures for a year, and ended fo…

US economic strength on the rise

08 Apr 2024 - Wednesday's US consumer inflation figures pose a significant test for an economy that appears to have hit bottom at the close of 2023 and is now gaining momentum, des…

Precious metals surge, oil strong, iron ore weakens

08 Apr 2024 - Gold reached a fresh record on Friday, despite the ascent of the US dollar and US treasury yields, buoyed by the American economy adding far more new jobs than expect…

Global economic highlights: Inflation, monetary policy, and corporate earnings

08 Apr 2024 - Inflation in the US and China will dominate headlines this week, alongside the European Central Bank meeting, discussing Europe’s lower-than-expected inflation.

Tesla shifts focus from affordable EVs to 'robotaxis'

08 Apr 2024 - Goodbye, Tesla, and Elon Musk's pioneering work on making EVs mainstream. According to a lengthy Reuters report, the company has dropped its plans to make a smaller a…

ABS - exports at lowest level in four months

05 Apr 2024 - The slide in iron ore prices and export volumes saw Australia’s goods surplus fall to a five-month low in February.

Ramelius Resources: Shining bright in the gold market surge

05 Apr 2024 - Ramelius Resources shines in the gold market surge with record-breaking production and lowered costs, poised for strong financial growth.

Australia's Banking Sector Gets S&P Seal of Approval Post-Hayne Commission

05 Apr 2024 - After the Hayne Royal Commission, S&P upgrades Australia's banking system, citing tougher regulations and improved financial strength, signaling global confidence.

Rio Tinto's annual share buyback battle

05 Apr 2024 - Chinalco of China continues to challenge Rio Tinto's share buyback resolutions, nearing the Australian government's shareholding limit at the miner's London annual me…

China relaxes policy on lending for new energy vehicles

05 Apr 2024 - China has relaxed its policy on lending for personal-use new energy vehicles (NEVs) as part of an effort to stimulate consumption and from Thursday, new buyers will b…

Gold rally finally takes a breather

05 Apr 2024 - Gold fell for the first session in eight, copper nudged higher, oil rose and iron ore fell, again in what you would describe as a 'cliche' trading session - a bit of …

Australians don't want cash

04 Apr 2024 - Australians don’t want cash, judging by the rise in contactless transactions across the country and the slow death of cheques.

Regis Resources' company-defining gold project

04 Apr 2024 - On the face of it, this week’s announcement from Regis Resources (ASX:RRL) that it is cranking up its long-talked-about McPhillamys gold project in central western Ne…

OPEC

04 Apr 2024 - Global production has been reduced by more than 5 million barrels a day since late 2022 when OPEC (really Saudi Arabia) moved to try and protect prices started in ear…

February building approvals: Mixed trends in housing market

04 Apr 2024 - Explore the latest trends in February's building approvals data, revealing a mixed picture in the housing market, with Queensland leading a decline despite rising pri…

Iron ore prices weaken as China reintroduces steel production controls

04 Apr 2024 - China's reintroduction of steel production controls are impacting iron ore prices. This move reflects a weak demand and causes economic concerns.

Suncorp accumulating cash

04 Apr 2024 - Suncorp already has a gross $4.9b pencilled in to come from ANZ for getting approval to sell its bank, and now it is looking for another $300m-plus from the sale of i…

Change of control at Paramount a strong possibility

04 Apr 2024 - Control of Paramount Global, the current owner of the Ten TV Network in Australia, is looking at changing after the company’s shares leapt 15% late in Wednesday’s Wal…

Gold smashes through US$2300 level to set new highs

04 Apr 2024 - Another big session for gold with US futures smashing through the $US2,300 level, spot prices surging and all this happening despite another rise in US bond yields.

Disney prepares for proxy battle with activist shareholder

04 Apr 2024 - How to waste tens of millions of dollars - have a proxy fight over board representation from an aggressive activist shareholder called Nelson Pelz (who is ‘only' wort…

Missed guidance for Tesla's EV deliveries

03 Apr 2024 - American analysts came up well short in their guidance for Tesla’s March quarter EV deliveries with 18 of them missing -- and by a mile -- the actual outcome.

The great Tesla EV fire sale?

03 Apr 2024 - Coming to an X tweet close to you -- the great Tesla EV fire sale with price cuts that change by the hour (or even by the minute, perhaps)?

S&P rejects doom mongering

03 Apr 2024 - So much for all the doom and gloom merchants going on about how the banks and other financial groups would be hurt by the rate rises from the Reserve Bank in its figh…