At 11:35am, the S&P/ASX 200 is 0.79 per cent higher at 8,062.60. The SPI futures are pointing to a rise of 61 points. Best and worst performers All sectors are in the black. The best-performing sector is Information Technology, up 1.61 per cent. The sector with the fewest gains is Energy, up 0.34 per cent. […]
Aus shares 0.8% higher at noon Read More »
The troubled Kiwi dairy group Synlait Milk (ASX:SM1) may have received a loan from its major Chinese shareholder to pay off its bank debt on Monday to the tune of NZ$130 million, but it is still in a precarious position, as evidenced by its withdrawal of already weak 2024 guidance on Wednesday. The previously announced
Synlait Milk faces ongoing challenges despite NZ$130 million loan Read More »
The year ending June 30 saw BHP (ASX:BHP) hit new highs in iron ore and copper, ending 2023-24 with record levels of output for both metals. BHP’s production and sales report for June came just a week after it revealed the expected decision to close its entire WA Nickel business amid a stagnant market. It
BHP achieves record production in iron ore and copper Read More »
