November 8, 2023

The Australian sharemarket is higher at noon, influenced by mixed factors including flat performance on Wall Street and weaker-than-expected Chinese data impacting commodity prices.  At noon, the S&P/ASX 200 is 0.23 per cent higher at 6,992.90. The SPI futures are pointing to a rise of 11 points. Best and worst performers The best-performing sector is […]

In October, China’s major commodity import data confirmed the uneven growth across its economy, even as the International Monetary Fund (IMF) upgraded its forecast for Chinese GDP growth to 5.4% for the year, up from the previous 5% estimate. The IMF attributed this improvement to recent measures to stimulate demand and support the property sector,

James Hardie (ASX:JHX),  the world’s largest fiber cement maker, reported a modest 2% increase in second-quarter earnings, reaching an all-time high, as it focused on conserving cash flows for the upcoming year through higher prices and cost reductions. The company announced its intention to buy back shares worth $US250 million, expected to be completed within

Here’s another market factoid for our inflation hawks in the Reserve Bank and Governor Michell Bullock to ponder and ignore as they shelter from the storm of criticism after Tuesday’s rate rise. After musing very loudly in October about the potential damage unpredictable price rises for oil and petrol could do to inflation and expectations

Hatch Managing Director of Australia and Asia Jan Kwak discusses key commodities, geographical opportunities, innovation, applying the circular economic model to mining, and the process of producing feasibility studies. Paul Sanger: I’m Paul Sanger for the Finance News Network, and I’m at the IMARC Conference today and I’m talking with Hatch MD Jan Kwak. For