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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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Extending the lives of patients with brain cancer

25 Oct 2023 - Chimeric Therapeutics Limited (ASX:CHM) CEO and Managing Director Jennifer Chow discusses efficacy results for the company's glioblastoma therapy.

Chevron and ExxonMobil strike big deals amid peak demand predictions

25 Oct 2023 - In a bold move that underscores their commitment to the future of fossil fuels, the two largest American oil companies, Chevron and ExxonMobil, have embarked on a rac…

ASX closes 0.19% higher as Energy stocks get a boost from rising oil prices

24 Oct 2023 - Energy stocks benefited from the rise in oil prices, with West Texas Intermediate trading around $86 per barrel. The avoidance of a Gaza invasion by Tel Aviv temporar…

Afternoon update: ASX up 0.16%, Energy leads sectors

24 Oct 2023 - The S&P/ASX 200 is trading 0.16 per cent higher at 6,855.1.

Graphite stocks surge

24 Oct 2023 - Australian graphite stocks have experienced a significant surge after China's recent announcement of export controls on one of the crucial battery minerals essential …

ASX currently up 0.22%: Energy is best performing sector

24 Oct 2023 - The spotlight is on RBA Chief Michele Bullock's speech scheduled for 7pm AEDT at the Global Markets Conference hosted by CBA in Sydney.

S&P500 falls lower: Chevron acquires Hess Corporation

24 Oct 2023 - The Nasdaq Composite ticked higher on Monday as Treasury yields retreated from their highs and traders looked ahead to the release of corporate earnings from tech ind…

ASX closes 0.82% lower to its lowest point in a year

23 Oct 2023 - Australian shares closed at their lowest level in a year on Monday, following a trend set by a weaker Wall Street. This decline was driven by concerns about an escala…

ASX down 0.76% at noon following Wall Street's poor performance

23 Oct 2023 - At noon, the S&P/ASX 200 is 0.76 per cent lower at 6,848.40. This drop was in line with Wall Street's performance, driven by concerns about potential interest rate hi…

US stocks fall as US 10-year Treasury yields pass 5%

23 Oct 2023 - Stocks retreated Friday as a surge in the 10-year Treasury yield prompted broader concerns about the state of the economy. The yield on the benchmark 10-year Treasury…

ASX down 1.11% at noon: Chinese investors dump US bonds

20 Oct 2023 - In August, Chinese investors recorded their highest selling activity of US bonds and stocks in four years, amounting to $21.2 billion, with a focus on treasuries and …

US stocks slide following comments from Fed Chair Jay Powell

20 Oct 2023 - Stocks slid on Thursday as Wall Street parsed commentary from Federal Reserve Chair Jerome Powell while monitoring a key milestone for a closely followed bond yield.

ASX closes 1.36% lower to its worst day in 4 weeks

19 Oct 2023 - Australia's benchmark index had its worst one-day performance in four weeks on Thursday. This decline was attributed to rising tensions in the Middle East and an unex…

Afternoon update: ASX drops 1.69% as labour market remains tight

19 Oct 2023 - The ASX has experienced a significant drop of 1.69 per cent to 6,958.20.

ASX down 1.35% in anticipation of labour market figures

19 Oct 2023 - The big four Australian banks are projecting various outcomes for the labor market: Commonwealth Bank (CBA) expects a 25,000 job gain with a higher unemployment rate …

US stocks slip as Treasury yields hit levels not seen since 2007

19 Oct 2023 - Stocks dropped Wednesday as earnings season gained steam and Treasury yields climbed to multiyear highs.

ASX closes 0.3% higher as China's GDP grows

18 Oct 2023 - The Australian sharemarket increased in value on Wednesday, as China's gross domestic product (GDP) for July-September grew by 4.9% compared to the previous year.

Afternoon update: ASX up 0.16% following China's Q3 economic performance

18 Oct 2023 - The S&P/ASX 200 is trading 0.16 per cent higher at 7,067.40.

ASX up 0.13% as oil prices surge

18 Oct 2023 - Oil prices surged by up to 1.7% in early Asian trading following a deadly explosion at a Gaza hospital, heightening tensions in the Middle East ahead of US President …

US Department of Commerce aims to restrict sales of AI chips

18 Oct 2023 - Nvidia has found itself in the crosshairs of expanded U.S. export controls on artificial intelligence (AI) semiconductor chips destined for China. This move by U.S. r…

Ozempic shorts challenge ASX blue-chips

18 Oct 2023 - Ozempic, the miracle drug initially designed to combat diabetes but now renowned for its effectiveness as a weight-loss treatment, is sending shockwaves through the A…

S&P500 closes near flatline; Bond yields lift; US DOC plans to restrict chips

18 Oct 2023 - The S&P 500 closed near the flat line on Tuesday as investors analysed the latest bond yield moves and corporate earnings season gained steam.

Surge in Tech stocks help lift the ASX 0.41% at close

17 Oct 2023 - The ASX overcame a two-session losing streak thanks to a surge in technology-related stocks, despite some surprisingly cautious remarks from the Reserve Bank of Austr…

Afternoon update: ASX currently 0.58% higher as investors digest RBA comments

17 Oct 2023 - The S&P/ASX 200 is currently trading 0.58 per cent higher at 7,067.1.

ASX up 1.05% as RBA releases its latest minutes

17 Oct 2023 - The Reserve Bank of Australia recently released its latest minutes regarding the cash rate decision. During the meeting, members contemplated increasing the cash rate…