April 2024

To register for Friday’s webinar click here. e-Commerce company RooLife Group Ltd (ASX:RLG) has executed a binding term sheet agreement with China-based e-commerce and supply chain business, Fujian Jushi Supply Chain Management Co., for it to market and sell RLG’s portfolio of products and other requested products which it orders from RLG. Shares are trading […]

The S&P/ASX 200 was trading 0.5 per cent higher as midday approached driven by Gold and interest rate sensitive sectors such as IT and Property. The SPI futures are pointing to a rise of 39 points. Both the Gold and IT sectors were trading up close to 1.5 per cent and A-Reits were up 1

Suncorp is accumulating cash. It already has a gross $4.9b pencilled in to come from ANZ for getting approval to sell its bank to the Melbourne-based giant, and now it is looking for another $300m-plus from the sale of its New Zealand life business. Suncorp said on Thursday that it plans to sell its New

Continuous-contract gold futures rose by 1.3 per cent on Wednesday, reaching as high as US$2,312.50 per troy ounce, setting a new all-time high. This is its seventh consecutive day of gains. Over the past five days, gold has climbed by 4.3 per cent, defying declines in both stock and bond markets, where indices like the

How to waste tens of millions of dollars – have a proxy fight over board representation from an aggressive activist shareholder called Nelson Pelz (who is ‘only’ worth around $US1.7 billion) and the veteran Disney chair and CEO, Bob Iger, who is in his second time at the top of the company Hollywood calls ‘The

Another big session for gold with US futures smashing through the $US2,300 level, spot prices surging and all this happening despite another rise in US bond yields. Federal Reserve Chair Jerome Powell added his bit by playing a familiar tune – that the US central bank will wait for clearer signs of lower inflation before

Control of Paramount Global, the current owner of the Ten TV Network in Australia, is looking at changing after the company’s shares leapt 15% late in Wednesday’s Wall Street trading session. While they came off 2.2% in after hours trading, the market story is that US media investment house, Skydance’s founder, David Ellison is talking

US markets traded in positive territory for most of the day encouraged by comments from Fed Chair Jerome Powell that suggested that recent negative data does not materially change the overall picture from his perspective, and the Fed’s guidance on rates remains unchanged at this stage. The S&P 500 closed near flat up 0.11 per

Coming to an X tweet close to you — the great Tesla EV fire sale with price cuts that change by the hour (or even by the minute, perhaps)? Anything to clear what is an embarrassing parking lot or two of unsold/undelivered vehicles because of an absence of buyers. The great Tesla clean-out sale with

American analysts came up well short in their guidance for Tesla’s March quarter EV deliveries with 18 of them missing — and by a mile — the actual outcome. It was a huge miss as Tesla shocked investors and analysts alike with its March delivery quarter update. Elon Musk’s electric-vehicle said it delivered about 386,810