June 2024

Markets drifted sideways as investors remained on the sidelines ahead of the crucial May non-farm payrolls numbers due out Friday US time. The S&P 500 just tipped into the red closing down 0.02 per cent. The Nasdaq also finished just in the red down 0.09 per cent and the Dow Jones was the only one […]

Companies discussed include: JB Hi-Fi Limited (ASX:JBH)Judo Capital Holdings Limited (ASX:JDO)Ramsey Health Care Limited (ASX:RHC)

Shareholders in the Trans-Tasman casino group SkyCity Entertainment (ASX:SKC) will bear the costs of the slowdown in business and gambling at its casinos in Auckland and Adelaide by missing out on three dividend payments over the next 18 months. This news, along with an earnings downgrade and gloomy forecasts, caused shares to plummet more than

Australian shares rose on Thursday following a record-breaking session on Wall Street, fuelled by Canada’s central bank lowering its cash rate by 25 basis points to 4.75 per cent. Investor attention turned to the European Central Bank, with anticipation of a potential 25 basis points rate cut from 4 per cent to 3.75 per cent

Manny Anton: Hello, I’m Manny Anton for the Finance News Network, and today I’m talking with Hazer Group. Hazer Group is trading under the ASX code HZR and has a market capitalization of approximately 108 million. Hazer is a pioneering technology development company undertaking the commercialization of the Hazer process, a lower emission hydrogen and

The long term regular and reliable returns from the infrastructure sector present an overwhelming opportunity. Infrastructure investing may initially seem intimidating to investors due to the substantial capital expenditures that companies require upfront. However, the long term regular and reliable returns from the infrastructure sector have the potential to grow your wealth over time with

Australian-Singaporean regenerative medicine company Osteopore Limited (ASX:OSX), a global leader in 3D-printed biomimetic and bioresorbable implants; has announced exciting progress made by it’s $18.7m clinical-industrial partnership with the National Dental Centre Singapore (NDCS) and the Agency for Science, Technology and Research (A*STAR). Shares are trading 51.85 per cent higher at 8.2 cents. Ausgold Limited (ASX:AUC)

Australian shares opened 0.6% higher as US tech gains and the Bank of Canada’s rate cut bolstered hopes for global rate reductions. The Bank of Canada cut its cash rate to 4.75%, expressing confidence in inflation returning to 2%. Wall Street’s AI-driven momentum extended to the ASX, boosting the local tech sector by 1.7%, while

Mineral Resources (ASX:MIN) has finally sold a minority stake in its WA iron ore haul road for a significant $A1.3 billion. The Perth-based miner revealed the sale late Wednesday evening and stated that it expects to receive around $1.2 million after costs, which will be used to reduce the company’s very large debt burden of

The March quarter national accounts didn’t tell us anything we didn’t already know – the economy is struggling. The 0.1% rise in growth in the quarter was very underwhelming, and the 1.1% annual rate indicated stagnation. In short, the National Accounts were ugly and gave a confusing picture of what has happened in the economy.