July 2023

Many investors entered the second-quarter earnings season expecting the worst for regional banks. But that didn’t materialise in the results released this week—at least not for the bigger players. Many banks, including KeyCorp, Western Alliance Bancorp, and Zions Bancorp, posted sharp profit declines. But their deposits were stable or higher compared with the first quarter, […]

In the ongoing economic battle between Russia and the West, Moscow has managed to breach the Western-imposed price cap on its most prized crude oil, signalling a significant victory for the Kremlin. The price cap, introduced last December by the U.S. and its allies as part of a pressure campaign against Russia following its invasion

Magnis Energy Technologies Limited (ASX:MNS) Managing Director (US) Hoshi Daruwalla and Technical Advisory Committee members Dr Michael Osborne and Wade Guindy discuss progress, focusing on the company’s lithium-ion battery manufacturing plant, iM3NY. Paul Sanger: We’re talking today with Magnis Energy Technologies (ASX:MNS). If you don’t know the company, the ASX code is “MNS”, and it

Moderna is setting its sights on a groundbreaking “superjab” that could protect against the most prevalent respiratory viruses, including Covid-19, influenza (flu), and respiratory syncytial virus (RSV). As the Covid-19 pandemic gradually subsides, Moderna is repositioning its business strategy to address the ongoing threat of respiratory illnesses. While Covid-19 thrust Moderna and its mRNA vaccine

The rising trend of remote work is reshaping the landscape of Australian office spaces, as corporates grapple with the question of how much real estate they truly need in a work-from-home world. This paradigm shift is contributing to a surge in office vacancies, leaving landlords under increasing pressure. Recent research from real estate firm JLL

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 shares were mixed over the last week with US and Japanese shares up,

Simon Eley – Executive Director – M3 Mining (ASX:M3M) is a mining exploration company with a strategic focus on unlocking copper and gold deposits in a West Australian premier mining jurisdiction.

Adrian Floate – Managing & Executive Director – Spenda (ASX:SPX) is a B2B fintech player offering a suite of software applications, payment and lending solutions and integration services.

Duncan Chessell – CEO – Copper Search (ASX:CUS) is targeting world-class copper-gold deposits within the Gawler Craton in South Australia.

At noon, the S&P/ASX 200 is 0.37 per cent lower at 7,298. There was a sell-off in the technology sector triggered by disappointing earnings results on Wall Street. The local technology sector tumbled 2.9%, with Xero (ASX:XRO) falling 3.7% to $122.47 and Megaport (ASX:MP1) declining 2.9% to $9.66. Additionally, the tech-heavy Nasdaq index sank 2.05%