April 2024

Santos (ASX:STO) saw a 7% drop in its oil and natural gas production in the first quarter of its 2024 financial year after its operations were disrupted by heavy rain and planned maintenance. Santos told the ASX on Thursday that production of 21.8 million barrels of oil equivalent (MBOE) in the three months to March […]

Over the last decade, Mondelez, one of the world’s largest snacking companies, has evolved and strengthened its economic moat, reaccelerated growth and increased the reliability of its earnings algorithm. Although Mondelez itself is a young company, following the split from Kraft Foods in 2012, it stands on the shoulders of a portfolio of iconic, century-old

[00:00:40] Arvid, last year the focus was all about interest rate rises. This year people have been talking about rate cuts. Can you give us your view on how you think this might impact portfolios? Economic cycles have unfolded more slowly than initially anticipated, with both inflation slowdowns and consumer resilience defying earlier expectations. Amidst

[00:00:37] The ASX has had another strong quarter up 5%. What are your key takeaways from the February reporting season? The ASX has shown remarkable resilience over the past quarter, reflecting a positive shift in market sentiment compared to a year ago. With the recent reporting season, there’s evidence contradicting the doomsday scenarios previously priced into

Yeehaw! Big global investors are at their most confident since January 2022, according to the latest monthly survey from Bank of America. Yet, judging by the changing sentiment on Wall Street, this ebullience may be misplaced. The survey showed that investors jettisoned bonds in favor of buying shares and commodity investments at near unprecedented rates,

US markets ended in the red for the fourth trading day in a row as big tech names weighed heavily on markets. The S&P 500 closed down 0.58 per cent, the tech heavy Nasdaq slid 1.15 per cent and the Dow Jones closed 0.12 per cent lower. Nvidia led the tech sell-off, closing down nearly

For yet another quarter, the world’s second-biggest gold miner has missed forecasts and forecasted an inflation-topping jump in costs for both gold and copper. Barrick was unable to beat production estimates in 2023 when production totaled 4.054 million ounces – down from 2022’s 4.141 million and a long way short of 2019’s most recent peak

Despite cutting its interim dividend and reporting a slump in earnings and surge in costs, shares in the Bank of Queensland (ASX:BOQ) still managed a solid 5.1% gain on the day in the wake of the release of its half-year report. The shares ended at $6.10 after touching a high of $6.28, as investors seemed

The second Star inquiry in Sydney has gone from bad to worse, to what the heck, after it was halted on Wednesday, Day 3 of the first week of the new probe. The reason, it seems, is the company producing a host of documents on its former chief financial officer, Christina Katsibouba, who testified on

Major commodity prices slumped Wednesday across the board — all except for copper and iron ore — as the realities of US monetary policy hit home. Traders and analysts had a few hours overnight to consider the implications of comments Tuesday from Fed Chair Jay Powell about US interest rates, and finally worked out that