March 2024

Australia’s gross domestic product expanded by 0.2 per cent in the fourth quarter, missing forecasts, prompting speculation that the Reserve Bank of Australia may consider adjusting interest rates despite maintaining them at 4.35 per cent in recent meetings. Expectations of a gradual economic slowdown in 2023 and 2024, alongside traders anticipating the possibility of a […]

A massive thumbs-down from US investors to the move by lithium and chemical giant Albemarle, to raise up to $US2.01 billion in an issue of securities. The shares slumped more than $17 to their lowest level since November 2020 as investors went right off the proposed issue. Albermarle is looking to raise an initial $US1.65

Manny Anton: Good morning. I’m Manny Anton for Finance News Network and today I’m talking to Arrow Minerals. Arrow has an ASX code of AMD and has a market cap of approximately $40 million. Today we’re talking to the company managing director David Flanagan. David, welcome to the network. David Flanagan: Absolutely great to be here. Manny

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