Australian stocks pulled back from their highest levels in ten months, echoing a pause in the upward momentum seen on Wall Street. Notably, the technology and consumer discretionary sectors experienced the most significant declines. The S&P/ASX 200 index retreated by 0.5%, or 33.8 points, to reach 7504.1, following a 0.7% increase in the preceding session. […]
ASX pulls back from highest level in 10 months Read More »
It appears to be a case of desperation taking over the infirm, and it’s a contender for the “dud deal of 2024” if it materializes. Struggling Paramount, the owner of the Ten Network in Australia, has engaged in talks with the unstable Warner Brothers Discovery (WBD) regarding a potential merger. Paramount Global CEO, Bob Bakish,
2024 concerns rise over Paramount-Warner Brothers Discovery merger Read More »
Immutep (ASX:IMM; NASDAQ:IMMP) announces constructive feedback has been received from the Paul-Ehrlich-Institut (PEI), a German regulatory authority and part of the Committee for Medicinal Products for Human Use (CHMP), regarding the planned TACTI-004 Phase III trial of efti for first line treatment of metastatic non-small cell lung cancer. The PEI acknowledged the good safety profile
Stocks of the Hour: Immutep, Metalicity, GWR Group Read More »
At noon, the S&P/ASX 200 is 0.33 per cent lower at 7,512.80, tracking a sudden decline occurred on Wall Street, with traders cashing in on their gains following a significant surge in stock prices that had driven the major indices to all-time highs. In the final hour of trading before the Christmas break, U.S. stocks shifted
ASX down 0.33% at noon following Wall Street’s poor performance Read More »
Peter Milios: I am Peter Milios from the Finance News Network and today we’re talking with Laramide Resources (ASX:LAM). Laramide is dedicated to exploring and developing top tier uranium assets in Australia and the Western United States. We welcome Laramide Resources’ Non-Executive Chair John G Booth from his home in London. John, welcome to the network.
As 2023 comes to a close, disinflation appears to be the rule, but not in China, where deflation persists, defying expectations as cost pressures continue to surprise. The contrast with the beginning of the year is striking. For instance, consider US consumer prices, which surged at an annual rate of 6.5% in January and 6.4%
Disinflation trends in 2023: A global overview with focus on China’s deflation Read More »
