Something to gladden the hearts of gold bugs: the major players in the market for the past two years—central banks—are not going to abandon the metal anytime soon, even if the People’s Bank of China made headlines by stopping purchases in May when prices soared to all-time highs. A survey released by the World Gold […]
Central banks continue gold purchases Read More »
The Coalition has unveiled an ambitious plan to construct seven nuclear power plants across Australia, aiming to have them operational between 2035 and 2037 if they win the next federal election. The proposal, announced by Opposition Leader Peter Dutton, targets former coal sites across five states, envisioning a government-owned nuclear future. Proposed Sites and TimelinesThe
Coalition proposes seven nuclear power plants by 2037 Read More »
According to the June survey of big global investment managers by Bank of America, it’s a bull market, and it’s going to run and run. The survey shows that major global investors are likely to keep pumping money into record-hitting stock markets. Bank of America said that the bullish view stood out in the latest
Global investors bullish on stock markets Read More »
To register for Friday’s webinar click here. HeraMED (ASX:HMD) has reached a record number of accumulated mums on its innovative HeraCARE platform. As at 15 June 2024, the number of accumulated mums on the HeraCARE platform reached 3,533 registered mums, representing sequential growth of 12% or 365 users since 31 March 2023. Shares are trading
Stocks of the Hour: HeraMED, Chariot Corporation, QX Resources Read More »
Australian shares saw modest declines despite gains in energy stocks, with the overall index experiencing a slight downturn. Meanwhile, the S&P 500 reached another record high, boosted by Nvidia’s substantial 3.5% increase, which propelled it to become the world’s most valuable publicly traded company with a market cap of $US3.4 trillion. However, other tech giants
ASX down 0.09% near noon: S&P 500 hits another record Read More »
Like in Australia, high interest rates are slowly strangling consumer spending, with May’s retail sales being the latest example. Data released on Tuesday showed that retail sales were weaker than expected in May, but slightly stronger than the very weak April performance. When car sales are stripped out, the growth vanished. The US Commerce Department
High interest rates impact consumer spending Read More »
QBE (ASX:QBE) says it will be able to manage its decision to exit the so-called middle insurance market in North America, a move that could cost it around half a billion dollars a year in gross written premiums. The company states that this move will allow it to focus more closely on three other areas:
QBE plans strategic exit from North America’s middle insurance market Read More »
Manny Anton: I’m Manny Anton for the Finance News Network, and today we’re talking with Elementos Limited. Elementos, trading under the ASX:ELT, with a market capitalization of approximately 25 million, is committed to the safe and environmentally-conscious exploration, development, and production of its high-grade tin projects. Elementos owns two world-class tin projects with large mineral
Elementos’ (ASX:ELT) unexpected high-grade mineral find in Tasmania Read More »
