May 28, 2023

Ford and Tesla have struck a technology deal that could trigger a major change for US electric vehicles and confer market leader status to Tesla for a while to come. At the end of a big week for Ford as it sold both its current position in the EV transition and its way of getting […]

A big holiday weekend ahead for US markets which, if the debt ceiling impasse is not broken, will lead to a crisis-like situation next week that will test nerves and the sangfroid of investors, politicians, central banks and millions of businesses and others (such as travellers) in America and across the globe. One of those

For most, the first thing that comes to mind when you hear the word ‘helium’ is party balloons and individuals using it to alter their voices for amusement. However, helium also has a more serious side and plays a vital role in several industries. It has the lowest boiling and melting points of all elements,

As Americans prepare to start the summer driving season with the upcoming Memorial Day long weekend, there are more signs of a looming slowdown in US oil and gas production later in the year. Another nine oil and gas rigs were shut down in the US last week, taking the number closed in May so

Let’s start the new week with a couple quick stories we couldn’t fit into our bumper weekend edition, involving Fisher & Paykel Healthcare (ASX:FPH) and Ausgold (ASX:AUC). ………… New Zealand’s Fisher & Paykel Healthcare Corp (ASX:FPH) will reward shareholders with a tiny lift in the final and annual dividends despite reporting a 34% slide in

Stocks jumped on Friday as traders grew hopeful that lawmakers will reach a deal to raise the US debt ceiling, avoiding a potentially catastrophic default. Yesterday, US President Joe Biden and House Speaker Kevin McCarthy reached a tentative deal to raise the federal government’s $3.4 trillion debt ceiling days ahead of a deadline to avert

Will Australian investors charge into the market this morning after news from the White House that it has struck a debt ceiling deal with the Republican Party in the US House of Representatives? The news came yesterday, Sydney time, but any surge based on this story could be aborted before it starts because the agreement

The US debt ceiling crisis will be front of mind this week with the deadline for the US government to run out of money now extended to June 5 from the previous deadline of June 1 and a deal apparently in the works. “We have come to an agreement in principle,” House of Representatives Republican

Despite the tentative debt ceiling deal in the US, there is a lot of argy bargy to come among Republicans in the US House of Representatives that could prove especially fertile ground for gold bulls this week. Default is still an option for financial markets if the agreement is not turned into legislation and passed

Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses developments in investment markets over the past week, economic activity trackers, major global economic events and Australia economic events. Investment markets and key developments over the past week Global share markets fell over the last week as uncertainty about the US debt