May 17, 2023

At the closing bell, the S&P/ASX 200 was 0.49 per cent lower at 7,199.20. The ASX experienced a second consecutive day of decline, with major banks and mining companies leading the falls across most sectors. This decline is often observed in one of the historically weaker months of the year. The index ended the day […]

Noble Helium Limited (ASX:NHE) Co-Founder and CEO Justyn Wood discusses the demand for and pricing of helium, the geology of the company’s project in Tanzania, plans for helium transport and outlook. Tim McGowen: We’re talking today with Noble Helium (ASX:NHE), market cap of around $50m. We have with us Justyn Wood, who is the CEO

At noon, the S&P/ASX 200 is 0.51 per cent lower at 7,198.10, after initially dropping as much as 1 per cent at the opening. Meanwhile, in Wall Street trading, the S&P 500 closed 0.6 per cent lower, the Nasdaq Composite index, which focuses on technology stocks, experienced a 0.2 per cent decline, and the Dow

Magnis Energy Technologies (ASX:MNS; OTCQX: MNSEF; FSE:U1P) has announced that their lithium ion cell manufacturer iM3NY has entered into a JV Agreement with OSM. iM3NY CEO commented: “This partnership is strategically important for the electrification of the automotive industry in India and the Middle East.” Shares are trading 4.76 per cent lower at 20 cents

QX Resources Limited (ASX:QXR) Managing Director Steve Promnitz discusses the company’s letter of intent with Liberty Lithium, the advantages of the project, the difference between brine and hard rock lithium, and the timeline ahead. Paul Sanger: We are talking today with QX Resources (ASX:QXR). QXR has a market cap of $32m. We’re talking with their

Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses commercial property. Key pointsAustralian unlisted commercial property returns have been very strong over the last two decades thanks largely to the “search for attractive yields” by investors.With the back up in bond yields, this driver is reversing leaving retail and particularly office

Stocks dipped Tuesday as Wall Street also turned its attention to a meeting between congressional leaders and President Joe Biden on the US debt ceiling. On Monday, Treasury Secretary Janet Yellen reaffirmed that the US faced the possibility of default as early as June 1, the so-called X date, if a deal isn’t reached between

The trade data for April told the story, the inflation data for the same month, confirmed the story and now China’s final data dump for the month covering retail sales, investment (especially in property) and factory output have put beyond any doubt that China’s economy remains in a very low gear. The data showed a