February 2024

To register for today’s webinar click here. Global semiconductor developer BluGlass (ASX:BLG) has signed a Memorandum of Understanding (MOU) with leading advanced defence and dual-use photonics company, Applied Energetics (OTCQB: AERG). The two companies will collaborate on next-generation military and commercial applications, leveraging BluGlass’ high performance GaN distributed feedback (DFB) lasers in Applied Energetics’ advanced […]

Australian shares surged 0.5% by 11:30am, driven by gains in mining stocks due to rising commodity prices and a weakening US dollar, with the S&P 500 Index reaching a record high on Wall Street. Gold miners rebounded as gold prices surpassed $2000 per ounce. Economic data from Japan, the UK, and the US over the

Shell, this week, trimmed its 2040 demand estimate— not by much, but lower than the 2021 forecast, suggesting the LNG boom might be over. Shell, bullish on LNG demand and supply, sees demand in 2040 reaching a range of 625-685 million tonnes, down from a previous estimate of just over 700 million tonnes. Despite the

The day before the US January consumer inflation figures forced investors to face up to the reality of higher rates from the Fed for longer, the February survey of global fund managers from Bank of America painted an upbeat outlook from investors. In fact, they were the most upbeat for two years. It’s a pity

The following transcript was AI-generated. Paul Sanger: Good morning and welcome to this week’s edition of Winston’s weekly, covering all Things property. I am Paul Sanger, your host for today. And as always, we’re talking today with Winston Summut, an investment manager at Euree Asset Management. Winston, welcome back. Winston Sammut: Thank you. Paul Sanger: Now, Winston, let’s

QBE Insurance Group (ASX:QBE) announced that its full-year net profit more than doubled, propelled by robust premium growth supported by renewal rate increases, new business expansion, and notably, a surge in investment income from its $US30 billion ‘float.’ The insurer, reporting in US dollars, revealed earnings of $US1.36 billion for the 12 months ending in

US stocks climbed for a second day Thursday, helped by lower Treasury yields, as Wall Street clawed back the steep losses suffered earlier in the week. The benchmark 10-year Treasury slipped 3 basis points to 4.24 per cent. The 2-year Treasury yield fell 2 basis points to 4.56 per cent. Investors have spent the week

The $9.1 billion bid for Altium from Japanese giant Renesas Electronics sent the ASX’s tiny tech sector sharply higher on Thursday. The agreed bid helped push fellow mega-caps WiseTech (up 4.7% – valued at more than $26 billion), Xero (up 5.7% to nearly $18 billion), NEXTDC (up 3.4% to more than $7 billion), and TechnologyOne

In the final quarter of 2023, Britain joined Japan and Germany in recession, marking a downturn for three of the world’s top eight economies. China, the second-largest economy globally, faced deflation and weak growth, exacerbated by a worsening property crisis as it emerged from its week-long Lunar New Year break. Data released in London revealed

Now here’s something requiring a bit of counterintuitive thinking: Did US retail sales really fall as much as reported by the government, or were there factors that added to a bit of weakness after solid rises in the closing months of 2023? US retail sales fell 0.8% in January from December — the biggest monthly