November 22, 2023

Inflation data from the United States has reinforced the belief in a Goldilocks-style soft landing for the economy in the coming year. Despite this, there are compelling reasons to keep an eye on the precious metal as a viable investment option. While historically, gold has shone in times of economic turbulence, certain factors in 2024 […]

Paul Sanger: I’m Paul Sanger for the Finance News Network. And today, I’m talking with WT Financial Group (ASX:WTL) and they have a market cap of 29 million. Over the past two years, WT Financial Group Limited has established itself amongst the very largest financial advisor networks in Australia. Its wealth management, retirement planning, and personal

Tower, the New Zealand-based insurer, will not pay a final dividend due to the substantial costs incurred from storms, floods, and cyclones in early 2023. On Thursday, the company disclosed a loss of NZ$1.2 million for the year, a significant decline from the NZ$18.9 million profit recorded the previous year. The company’s underlying result, which

Stocks rose Wednesday after yields briefly fell to their lowest level in two months, and the November market rally broadened into the Thanksgiving holiday. The Dow Jones Industrial Average gained about 184.74 points, or 0.53 per cent, to 35,273.03. The S&P 500 climbed 0.41 per cent to 4,556.62. The Nasdaq Composite advanced 0.46 per cent

In a recent development, Citi analysts have upgraded their short-term iron ore price forecast to a staggering US$140 per tonne, citing China’s anticipated fiscal stimulus measures. The upgraded outlook reflects growing expectations of a substantial and earlier-than-expected stimulus push from China’s government, propelling iron ore prices to levels not seen since June 2022. China’s dwindling

Global oil prices steadied in early Asian trading on Thursday after slumping earlier in the session due to the surprise news that an OPEC+ meeting had been postponed by four days to the following week. The meeting, originally scheduled for this Sunday, was widely expected to result in an extension of Saudi Arabia and Russia’s

In a surprise announcement late Tuesday, Warren Buffett’s company, Berkshire Hathaway, revealed it has received a letter detailing what appears to be his successor and the trustees of his huge fortune, valued at more than $118 billion (more than $180 billion AUD). It was a letter that doesn’t appear to have been sent by the

Ahead of the start of the real “Black Friday” sales season in the US, the third-quarter reports from some of America’s major retailers have been less than stellar, indicating the need for a significant end-of-year push. With consumers cutting discretionary spending globally, retailers of all sizes are facing inconsistent demand and sales, with electronics, white