LA Private

October 2023

Newcrest’s countdown: Merger with newmont set for final approval

Newcrest’s (ASX:NCM) time as an independent company is dwindling, with just a few weeks left following an overwhelming shareholder vote in favor of the $A26.2 billion merger with US gold mining giant Newmont. The final vote tally at Friday’s meeting in Melbourne showed that 84% of Newcrest shareholders, representing 92.6% of the register, supported the

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China contraction

China’s foreign trade contracted for yet another month in September, confirming that demand all round remains weak. The decline in exports and imports of 6.2% for the month was smaller than the month before, but nevertheless another reminder of the failure of the economy to continue its post Covid rebound. In US dollar terms, China’s

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David Williams to join INOVIQ board

INOVIQ Limited (ASX: IIQ) has announced the appointment of David Williams as a Non-Executive Director and Chairman Elect, effective from the Annual General Meeting (AGM) scheduled for 29 November 2023. Mr Williams will succeed Dr Geoffrey Cumming, who has served as Chairman since the acquisition of Sienna Cancer Diagnostics in July 2020. Dr Cumming will

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Share bounce – have we seen the bottom?, US Sep inflation & Fed, Israeli war & petrol

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 Australian economic events. Investment markets and key developments over the past week Global share markets rose over the last week as US Fed officials sounded less

Share bounce – have we seen the bottom?, US Sep inflation & Fed, Israeli war & petrol Read More »