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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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ASX closes 0.38% higher: Energy stocks outperform as oil prices lift

12 Jul 2023 - At the closing bell, the S&P/ASX 200 was 0.38 per cent higher at 7,135.70.

KMD Brands warns of consumer spending slowdown

12 Jul 2023 - Sports and outdoor goods retailer KMD Brands (ASX:KMD) has issued a warning about a slowdown in consumer spending, aligning with similar concerns expressed by other A…

Afternoon Update: RBA says further tightening is possible

12 Jul 2023 - The Reserve Bank of New Zealand has maintained interest rates at 5.5 per cent for the second consecutive meeting, citing the need to control inflation and support emp…

ASX up 0.46% at noon as RBNZ keeps rates unchanged

12 Jul 2023 - The Reserve Bank of New Zealand has decided to keep interest rates unchanged at 5.50 percent, aligning with expectations from analysts. This decision reflects the cen…

Rio Tinto expands lithium exploration efforts in Western Australian outback

12 Jul 2023 - Rio Tinto, the Anglo-Australian mining major, is intensifying its search for hard rock lithium in the Western Australian outback by extending an exploration partnersh…

Investment in critical metals rises as supply chain concerns grow

12 Jul 2023 - Growing concerns over supply chain vulnerabilities and the need for critical metals and minerals have fuelled increased investment in these resources. Policymakers, i…

Buffett bets big: LNG takes the spotlight in Berkshire's energy portfolio

12 Jul 2023 - Warren Buffett isn't concerned about the future of gas, particularly LNG. This week, the billionaire investor delved further into the energy sector as Berkshire Hatha…

Western Green Energy Hub secures major deal with Korea Electric Power Corporation

12 Jul 2023 - The Western Green Energy Hub, an ambitious energy infrastructure project in Western Australia, has signed a significant deal with Korea Electric Power Corporation, So…

Australia faces $1.5 trillion challenge to achieve 2050 green targets

12 Jul 2023 - Australia faces the monumental task of securing $1.5 trillion by the end of the decade to meet its ambitious 2050 green targets, requiring an effort on par with Europ…

Major US indexes rise as investors await CPI and PPI reports

12 Jul 2023 - Major US indexes rose Tuesday, a day after the major averages snapped a three-session decline, as traders await the June consumer price index report set for release o…

Alkane Resources' Tomingley gold mine shows strong growth and exploration success

11 Jul 2023 - Alkane Resources’s (ASX:ALK) Tomingley gold mine is looking stronger by the day or so it seems in July. Not only did it meet guidance for record gold production for t…

ASX closes 1.5 per cent higher ahead of US CPI data

11 Jul 2023 - At the closing bell, the S&P/ASX 200 was 1.5 per cent higher at 7,108.90, experiencing a strong rebound ahead of US CPI data, boosted by offshore gains and hints of i…

Megaport shares soar after upgraded guidance

11 Jul 2023 - Shares of Megaport (ASX:MP1) are soaring after the company announced an upgrade to its EBITDA guidance for FY23.

Thames Water secures $1.45 billion investment to avert nationalisation

11 Jul 2023 - Thames Water investors have agreed to inject £750 million ($1.45 billion) into the company. However, the UK's largest water utility cautioned that it would require ad…

All sectors higher: ASX up 0.97% at noon

11 Jul 2023 - Australia's share market is on track to break a four-day losing streak, with the S&P/ASX 200 index rising 0.97 per cent higher to 7,071.90 at noon. All sectors are ex…

Threads: The fastest-growing app in history with over 100 million users in just five days

11 Jul 2023 - Meta's new Threads platform, a direct competitor to Twitter, has achieved a remarkable milestone by attracting more than 100 million users in less than five days sinc…

Weekly Australian Interest Rate Review - 3 July to 7 July 2023

11 Jul 2023 - The release of the US Federal Reserve's minutes from the Federal Open Market Committee (FOMC) meeting drew significant attention during the week.

Andrew "Twiggy" Forrest establishes battery hub in US

11 Jul 2023 - Mining tycoon Andrew Forrest is making strides in establishing a battery manufacturing hub in the United States, aligning with Fortescue Future Industries' strategic …

Major US indexes rise as investors await key inflation data

11 Jul 2023 - The Dow Jones Industrial Average rose Monday as Wall Street tried to recover from a losing week. The positive reversal came as investors prepared for a slate of infla…

ASX closes 0.54 per cent lower as Chinas inflation data falls to zero

10 Jul 2023 - The ASX declined further as weak consumer inflation data from China contributed to ongoing losses, with the benchmark S&P/ASX 200 index falling 0.54 per cent at 7,004…

China's inflation rate falls to zero

10 Jul 2023 - China's consumer inflation rate remained at zero in June, while factory-gate prices fell further, raising concerns about deflation in the economy.

Charter Hall Retail REIT sells Brickworks Marketplace for $85m

10 Jul 2023 - The sale marks a milestone in the partnership between Charter Hall and Telstra Super, which has generated a 12% equity internal rate of return since inception.

Dreamworld owner Ardent Leisure thrills with 70% jump in full-year revenue

10 Jul 2023 - Ardent Leisure Group Limited (ASX: ALG) has provided a preliminary unaudited trading update for the financial year ending on 27 June 2023, highlighting the continued …

ASX up 0.11% at noon as the price of oil stablises

10 Jul 2023 - Oil stabilises as Saudi Arabia and Russia commit to supply cuts, while the market faces challenges from China's economic slowdown, central banks' tightening policies,…

Stocks close lower amid investor concerns of imminent Fed rate hikes

10 Jul 2023 - Stocks fell on Friday, and finished lower for the week, as Wall Street struggled to shake off fears that the Federal Reserve may start hiking rates again later this m…