In a dynamic week of financial maneuvering, Europe appears to be positioning itself for a mid-year rate cut, while across the Atlantic, all eyes are on the United States Federal Reserve and its evaluation of inflation data. Despite this anticipation, Chair Jay Powell has reiterated the Fed’s cautious approach, emphasizing the need for more comprehensive […]
Europe poised for mid-year rate cut as Fed eyes inflation data Read More »
The ASX has incurred a substantial fine from ASIC, the primary market regulator, for violations of its own regulations. ASIC revealed Thursday morning that ASX Ltd has paid a A$1.1-million fine after a compliance investigation revealed what appears to be a software problem leading to multiple breaches of disclosure rules over a period of more
ASX fined over compliance breaches Read More »
Stocks rose Thursday, pushing the S&P 500 and Nasdaq Composite back to record highs, as hope over easing inflation and gains in tech aided Wall Street’s midweek bounce. The broad S&P 500 advanced 1.03% to 5,157.36, while the tech-heavy Nasdaq Composite climbed 1.51% to 16,273.38. Both notched all-time highs during the session, while the S&P
S&P 500 and Nasdaq hit record highs on tech gains and inflation optimism Read More »
China’s foreign trade witnessed a solid improvement in January and February, with both exports and imports showing stronger growth than anticipated compared to the same period in 2023. Exports surged by 7.1% from the weak figures of the first two months of 2023, while imports rose by 3.5%, surpassing market forecasts. However, it’s crucial to
China’s foreign trade surges in early 2024 Read More »
Paul Sanger: Hello, I’m Paul Sanger for the Finance News Network, and today we’re discussing Dotz Nano. Dotz Nano, trading under the ASX code DTZ with a market capitalization of approximately $85 billion, is a nanotechnology firm pioneering innovative climate and industrial nanotechnologies. The company’s primary focus lies in developing revolutionary carbon dioxide management technologies,
Driving carbon neutrality: Dotz Nano’s breakthrough in CO2 Management Read More »
On Thursday, Commonwealth Bank shares surged to a record high of $119.37, alongside National Australia Bank and Westpac reaching notable highs, propelling the S&P/ASX 200 index to a second consecutive day of gains, reaching 7763.7 points, with financials climbing by 0.6 percent while the resources sector dipped by 0.92 percent due to major companies going
ASX adds 0.4%: Industrials is best performer Read More »
To register for Friday’s webinar click here. Dotz Nano (ASX:DTZ, OTC:DTZNY), a leading developer of innovative climate and industrial nanotechnologies, today announced the completion of a bench-scale demonstration unit for its carbon capture technology, Dotz Earth. Validation testing and process simulation results of Dotz’s proprietary nano-porous carbon sorbent demonstrated enhanced properties compared with commercial carbon-based
Stocks of the Hour: Dotz Nano, Immuron, Avecho Biotechnology Read More »
Australian shares rose by 0.2% in early trading, buoyed by the tech sector’s gains following a positive trend on Wall Street, sparked by US Fed Chair Jerome Powell’s indication of an expected pivot to rate cuts in 2024. However, market gains were limited as shares in key players like BHP, Rio Tinto, South32, and Woodside
Southern Cross Media Group (ASX:SXL) has informed its potential bidders – radio rival ARN and private equity firm Anchorage Capital – to come back with a higher offer. In a statement to the ASX on Thursday morning, Southern Cross (SXL) indicated that changed circumstances in the radio market have undermined the value of the proposed
Southern Cross Media Group rejects initial bids Read More »
Curious about how BHP (ASX:BHP) and Newmont/Newcrest will react to the news that London-based, Ecuador-focused SolGold has garnered a new ally in the form of the country’s government and a $US2.3 billion investment? BHP owns 10.36% of SolGold, while Newmont acquired 10.31% when it took control of Newcrest, and clients of Sydney brokerage firm Bell
SolGold’s $US2.3 billion investment Read More »
