Recession worries with soft US data, Global rate cutting cycle gathers pace, ABS should ditch the Monthly CPI, RBA to hold Investment markets and key developments over the past week Risk off with shares down again, bond yields down, commodity prices down and the $A down. Shares got a boost mid-week from firming expectations for […]
The crackdown on foreign investment into China by the Communist Party, led by President Xi Jinping, continues to “pay off” with yet another unwanted record set over the first half of 2024. The government announced this week that foreign direct investment (FDI) into China plunged 29.1% year-on-year to CNY 498.91 billion during January-June 2024 (around
China’s foreign investment falls sharply Read More »
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Winston’s Weekly: Bond markets rally in anticipation of September rate cuts in the USA Read More »
BYD’s push away from battery-powered electric vehicles (or BEVs) continued in July as it sold more plug-in hybrid electric vehicles (PHEVs). This is becoming a global trend, but it is more prevalent with BYD because it offers the largest range of plug-in hybrid vehicles with chargeable batteries, compared to the more traditional hybrids preferred by
BYD’s plug-in push Read More »
The size of De Grey Mining’s (ASX:DEG) already impressive Hemi gold discovery in the WA Pilbara looks certain to be lifted later this year as the company assesses and incorporates more good drilling data. In a statement to the ASX on Monday, De Grey said it “is preparing an updated Hemi mineral resource estimate (MRE)
De Grey’s Hemi gold discovery expands Read More »
To register for today’s webinar click here. Venture Minerals (ASX:VMS) has announced the commencement of a new drilling program targeting high-grade mineralisation at the Company’s flagship Jupiter rare earth discovery. The new program follows the recent modelling of significant zones of high-grade mineralisation in both the northern and central zones of the large-scale system. Shares
Stocks of the Hour: Venture Minerals, Boab Metals, Gold Mountain Read More »
Australian shares plummeted on Friday, mirroring a sharp decline on Wall Street driven by concerns over the Federal Reserve’s monetary policy stance. At 11.40am, the S&P/ASX 200 is 1.94 per cent lower at 7,956.90, with all sectors experiencing losses, led by technology and real estate. Despite the downturn, the index is still on track for
ASX down 1.94% near noon: All sectors in red Read More »
The rapid ascent and subsequent plunge of the lithium market has sent shockwaves through Australia’s resource-dependent economy. Once hailed as a golden opportunity, the sector is now grappling with the harsh realities of a market in freefall. At the epicenter of this downturn is US-based lithium giant Albemarle, whose decision to curtail its Australian operations
Australia’s resource boom faces cold shower Read More »
Amid the flood of tech company earnings reports on Thursday, one stood out, not for a surge in earnings or revenue, but for what its radical restructuring suggests about the future of the sector. The once market headliner and leading chipmaker, Intel Corp, will suspend dividends, cut $US billion in costs, and sack 15,000 staff
Intel’s desperate gamble Read More »
