June 22, 2023

The Nasdaq Composite and the S&P 500 rose Thursday, snapping three-day losing streaks as investors resumed buying tech stocks. The tech-heavy index rallied 0.95 per cent to 13,630.61, while the S&P 500 rose 0.37 per cent to 4,381.89 — both closing near session highs. Meanwhile, the Dow Jones Industrial Average fell 4.81 points, or 0.01 […]

Australian investment banking fees have experienced a significant 50 per cent decline in the first half of this year compared to 2022, with equity capital markets, mergers and acquisitions advisory, and syndicated lending fees all showing notable decreases. Iron ore prices rebounded as investors remain hopeful for China’s stimulus measures, with Singapore iron ore futures

As widely forecasted, Northern Star Resources (ASX:NST) has greenlit the doubling in size of its major asset, the SuperPit gold mine of KGCM near Kalgoorlie, at a cost of $1.5 billion. The company has been examining the pros and cons of the ambitious plan for months, and mining industry rumours had indicated that the decision

Shares in Gold Road Resources (ASX:GOR) fell more than 8 per cent at one stage on Thursday after it downgraded 2022-23 production from the 50 per cent owned Gruyere gold mine in WA. Gold Road owns half the company that operates the mine – the other half is held by Gold Fields of South Africa.

Investment banking activity in Australia has experienced a significant decline in the first half of 2023, with fees dropping by 50 per cent compared to the same period last year. The decrease in investment banking deals reflects the prevailing economic uncertainties and higher costs of debt. According to a preliminary half-year report provided by Refinitiv,

Magnis Energy Technologies Limited (ASX:MNS) Managing Director (US) Hoshi Daruwalla discusses the UN/DOT 38.3 certification awarded to lithium-ion batteries produced at the IM3NY battery plant. Paul Sanger: We’re talking today with Magnis Energy Technologies (ASX:MNS). If you don’t know the company, ASX code “MNS”. Magnis has a market cap of around $180m. Magnis is a

Lake Resources Limited (ASX:LKE) Managing Director David Dickson discusses the company’s two-phase strategy. Paul Sanger: We’re talking today with Lake Resources (ASX:LKE). If you don’t know the company, ASX code “LKE”, market cap of $650m. The company is a clean lithium developer of utilising clean direct lithium extraction technology for the development of sustainable high-purity