LA Private

March 7, 2024

Europe poised for mid-year rate cut as Fed eyes inflation data

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 […]

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ASX fined over compliance breaches

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

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S&P 500 and Nasdaq hit record highs on tech gains and inflation optimism

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

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Driving carbon neutrality: Dotz Nano’s breakthrough in CO2 Management

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,

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Stocks of the Hour: Dotz Nano, Immuron, Avecho Biotechnology

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

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ASX up 0.26% near noon: Fed Chair Jerome Powell’s indication of an expected pivot to rate cuts

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

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SolGold’s $US2.3 billion investment

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

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