LA Private

May 10, 2024

Shares up, Is China in a new bull mkt?, RBA less hawkish, BoE near cut, Sweden cuts, Budget preview

Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses developments in investment markets over the past week, economic activity trackers, major global economic events and Australian economic events. Investment markets and key developments over the past week Global shares rose again over the last week, helped by ongoing confidence that major […]

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Empire Energy Group’s path to Beetaloo production and beyond

Manny Anton: I’m Manny Anton for the Finance News Network, and today we are talking with Empire Energy Group, chief executive officer, Alex Underwood. Empire Energy Group is a Sydney-based Australian oil and gas company, holding a hundred percent owned and operated assets in the Northern Territory’s exciting and developing Beetaloo Basin. Empire is now

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Stocks of the Hour: State Gas, Kingsgate, Gladiator Resources

To register for today’s webinar click here. State Gas (ASX:GAS) has been awarded $5.5 million of exploration grant funding through the Queensland Government’s Frontier Gas Exploration Program. The Grant will be used to further delineate gas resources and reserves within the Company’s Rolleston West coal seam gas project, through drilling of two new vertical wells.

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ASX up 0.5% near noon following expectations of rate cuts in US

On Friday, Australian shares opened higher, mirroring a positive trend on Wall Street fueled by reinforced expectations of interest rate cuts in the US. The S&P/ASX 200 increased by 0.4%, reaching 7749.2 points, with the All Ords also rising by the same percentage. Among the 11 sectors, eight showed gains, with communications and energy leading,

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