Finance News Network

News by Peter Milios

Peter Milios

Peter Milios is a recent graduate from the University of Technology - majoring in Finance and Accounting. Peter is currently working under equity research analyst Di Brookman for Corporate Connect Research.

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Markets up despite dire predictions from the International Monetary Fund: Aus shares 0.2% higher

12 Oct 2022 - Overnight, the International Monetary Fund gave harsh predictions, warning a third of the global economy will be in recession next year. Following on from this, the A…

Almost all sectors in the red, as ASX continues its woes: Aus shares close 0.34% lower

11 Oct 2022 - The ASX kept sliding from lunch time, falling by a total of 0.34 per cent or 22.80 points, to close the day at 6645.00. Banks continued to give their valuations on th…

A bad ending to last week leads to a poor start this week: ASX down 1.4%

10 Oct 2022 - It was a poor start to the week, as all sectors finished in the red, falling by 1.4 per cent or 95 basis points to 6667.80.

A primer on critical minerals & rare earths

10 Oct 2022 - Critical minerals and rare earth elements are essential to the make-up of many current technology devices, including aerospace, satellites, LCD screens and computer m…

ASX moves lower amidst fears of another Fed rate hike: Aus shares 0.6% down at noon

07 Oct 2022 - At noon, S&P/ASX 200 is 0.61 per cent or 41.90 points lower at 6775.60, following a tumultuous day in the US markets, as the Fed signals further moves to crush inflat…

Energy's advancements just enough to lift the ASX: Aus shares close 2.2% higher

06 Oct 2022 - The ASX’s two-day positive run has turned to three days. It finished the day having increased slightly by 0.03 per cent or 1.80 points higher to 6817.50.

Europe shifting supply chain with proposed Raw Materials Act

24 Sep 2022 - Amidst the soaring prices of oil, gas and various metals that are slowly crushing Europe’s economy, European Commission President von der Leyen recently announced the…

More coal required as drought threatens Chinas renewable energy system

17 Sep 2022 - More than 70 days of heatwaves and droughts have spread across half of China, threatening the country’s hydropower energy, damaging the production output, and crippli…

Tensions deepen as U.S. makes move away from Chinese supply chain

10 Sep 2022 - Political events, COVID-19, and a quest for primacy in advanced technologies have seen the United States making recent moves to shift away from China’s supply chain.

Can Spain and Portugal save Europe from its energy crises?

07 Sep 2022 - With energy prices soaring to unchartered territories throughout Europe, the EU is looking for a plan to shift from its reliance on Russian gas – and the answer could…

Ethereum upgrade turning heads in the crypto world

03 Sep 2022 - It has been eight years since Ethereum founder Vitalik Buterin began developing the cryptocurrency software upgrade known as “the merge,” but now, the new project tha…

The tumultuous ride of a Meme stock

31 Aug 2022 - For the average North American, it was once thought to be the place to go if you needed anything for your home. Now, Bed Bath and Beyond (NASDAQ:BBBY) has become a po…

Australia shifting lanes to EV batteries

27 Aug 2022 - Last week, advancements were made regarding the shift toward EV batteries, as Australia held its first ever national EV summit in Canberra.

Qantas slowly losing its once illustrious brand image

24 Aug 2022 - The COVID-19 pandemic completely shattered the airline industry, resulting in revenue losses of 60% worldwide in 2020. However, now entering the recovery stage of the…

Major crypto collapse sees app usage down 80%

14 Jul 2022 - Amid the current hostile market, resulting in a significant crypto bear run, the number of crypto smartphone application downloads within Australia has fallen up to 8…

M&A deal volume opposed across US and Australian landscape

12 Jul 2022 - In the U.S., high inflationary pressures, coupled with rising interest rates resulting in plunging markets, has caused M&A transactions to fall drastically. However, …

Three weeks after funds freeze, Celsius nears its melting point

11 Jul 2022 - "Banks are not your friends" was the slogan printed on Alex Mashinsky’s t-shirt at last year's Web Summit in November, when his company was one of the biggest cryptoc…

EV battery success hindered by lack of fuel efficiency standards

05 Jul 2022 - On the 1st of July, the newly elected Labor Government initiated its first step toward phasing out the internal combustion engine, by introducing its Electric Car Dis…

Red earth awash in red ink as iron ore hits 6-month low

30 Jun 2022 - The price of iron ore has decreased to its lowest point since the first week of December, as concerns regarding an oversupply of the commodity in China create stress …

Queensland's new coal royalty program

28 Jun 2022 - After a decade-long freeze, the Palaszczuk government announced that it would be increasing royalties on the production of coal, sending waves of concern through the …

Australia's position in the global energy crisis

15 Jun 2022 - Over the past 12 months, global energy prices have been soaring rampantly. This has been Influenced largely by the Russia-Ukraine war threatening global supplies. in …

Australia's impact on the U.S. infant milk powder crisis

03 Jun 2022 - The share prices in both Bubs Australia (ASX:BUB) and a2 Milk (ASX:A2M) have been soaring on the back of news that they can provide aid to the current supply shortage…