March 5, 2024

The sharp fall of the Hong Kong stock market reflects the reception of China’s 2024 economic agenda by markets following its presentation on the opening day of the country’s National People’s Congress. The Hang Seng Index ended down 2.6%, while MSCI’s broadest index of Asia-Pacific shares outside Japan dropped 0.4%. Despite supportive words for the […]

Whatever mysterious negatives spooked equity markets—especially Wall Street—on Tuesday slipped by gold. While major Wall Street indexes saw their biggest one-day falls for weeks, gold bounced to a new record high. Factors floating around the markets on Tuesday were the weak policy announcements from China, more worries about Gaza, speculation over a Federal Reserve interest

A sales deal between a hearing assistance company and a maker of loud percussion instruments may seem incongruous, but to the ASX-listed Audeara (ASX:AUA) the transaction sends out all the right notes – loud and clear. Audeara is best known for its headphones that adjust the volume and other levels to the wearer’s individual profile,

US stocks fell for a second session Tuesday, as steep declines in major tech names such as Apple dragged the broader market further from the record highs recently reached. The Nasdaq Composite pulled back by 1.65 per cent to 15,939.59 as technology stocks felt the brunt of the market’s drop. The Dow Jones Industrial Average lost

Australian shares experienced a slight decline on Tuesday, marking the second consecutive session of losses, although gains in healthcare and gold stocks partially offset broader market declines. The S&P/ASX 200 dipped by 0.2%, settling at 7724.2, following a recent record high. While healthcare stocks surged after government approvals, lithium explorers faced challenges due to Albermarle’s

Shareholders in Azure Minerals (ASX:AZS), excluding SQM of Chile and Hancock Prospecting of Perth, will vote to approve the $3.70 per share offer from the duo. With lithium company stocks in a deep depression, the offer price is likely more than double the current control level. SQM launched the bid in October at around $3.50

Chariot Corporation Limited (ASX:CC9) Managing Director Shanthar Pathmanathan discusses reasons behind the company’s expansion of its Black Mountain holding.  Peter Milios: I’m Peter Milios from the Finance News Network and today, I’m talking with Chariot Corporation (ASX:CC9). Their ASX ticket code is “CC9” and they have a market cap of around $45m. Chariot Corporation is

For yet another year, China has issued what amounts to a wish list of economic targets for the economy in 2024. The most laughable of these targets is a 3% goal for Consumer Price Inflation (CPI) for the year. In January, China saw consumer prices fall by an annual 0.8%, the most significant decline in

For yet another year, China has issued what amounts to a wish list of economic targets for the economy in 2024. The most laughable of the targets is a 3% goal for Consumer Price Inflation (CPI) for this year. This target seems ambitious considering the country experienced consumer price deflation in January, following an average

Dynamic Metals (ASX:DYM) has announced that it has entered into a binding term sheet for a farm-in and joint venture HoldCo, a wholly-owned subsidiary of Mineral Resources Limited. Dynamic Metals will sell 40% of all lithium mineral rights held on the Widgiemooltha tenement package for $5M cash consideration. Shares are trading 59.38 per cent higher