January 2024

Australian shares are down 0.55 per cent by mid afternoon following a weak Wall Street performance and lower-than-expected November inflation. Mining stocks, especially iron ore giants, dropped 1.4 per cent, while uranium stocks rose due to US interest in domestic supply. Bitcoin also fell by 3.5 per cent following a false SEC tweet. The November […]

Gladiator Resources (ASX:GLA) has announced that their South West Corner trench assay results confirm the potential for very high grades for uranium. The next step is to drill-test the layers using core drilling in Q2 2024. Shares are trading 24 per cent higher at 4 cents. Kali Metals (ASX: KM1) has announced that preliminary exploration

In November, inflation in Australia decreased to 4.3%, which was lower than the expected 4.4%, marking a crucial economic data point that will influence the Reserve Bank’s upcoming monetary policy decision in February. Despite some predictions of another rate hike, market expectations in Australia favour a rate cut in August, while globally, traders are increasingly

Saudi Arabia and Russia’s worst nightmares have just worsened: the US is now projected to become an even bigger producer and exporter of oil and gas over the next two years. The OPEC+ group, led by the Saudis, recently abandoned their production cuts of 2.2 million barrels a day as global oil prices failed to

Sometimes, you wonder if bodies like the World Bank are in touch with reality. There it was on Tuesday, in its first report on prospects for global growth this year and next, moaning about weak levels of growth and lost opportunities over the past five years. According to the World Bank, the global economy is

The S&P 500 trimmed an earlier decline Tuesday, boosted by tech shares, as Wall Street looked to regain its footing after a tough start to 2024. The broad market index closed lower by 0.15 per cent to end at 4,756.50. At its lows of the day, the benchmark had dropped 0.7 per cent. The Dow

Despite two major earthquakes, typhoons, floods, and storms in New Zealand, the United States, and Europe, 2023 turned out to be a relatively ‘good’ year for the world’s insurers, with losses and costs not too far from 2022. However, the industry could not escape the growing impact of climate change and global warming, with a