September 16, 2024

Yet another after-market close announcement from Star Entertainment (ASX:SGR) surfaced on Monday evening, with media reports indicating that the company is set to be bailed out by its lenders under a five-point plan. This plan is designed to give the gaming group’s new CEO, Steve McCann, the chance to turn around its performance without selling […]

Yet another massive rough diamond has been found in an increasingly rich mine in Botswana by the Canadian firm Lucara Diamonds. The news came from the company via an announcement late Sunday night that it had discovered an “extraordinary” 1,094-carat rough diamond from its Karowe Mine in Botswana. Lucara said this stone bears strong similarities

The S&P 500 inched higher overnight as investors awaited the Federal Reserve’s highly anticipated policy meeting, where central bankers are expected to lower interest rates for the first time since 2020. Meanwhile, the Dow Jones Industrial Average climbed to a new all-time high. The S&P 500 gained 0.13 per cent, closing at 5,633.09. The 30-stock

Quantum Brilliance CEO Mark Luo discusses how his company is pioneering quantum computing with synthetic diamonds, offering a miniaturised and energy-efficient alternative. He highlights the company’s rapid growth since its spin-out from the Australian National University, its unique approach to quantum technology and the enormous commercial potential of quantum at the edge. Abbey Phillipps: I’m

The Australian sharemarket briefly touched a new record high on Monday, mirroring a surge in US stocks. Banks and gold stocks led the gains, while energy and health sectors lagged.At the closing bell, the S&P/ASX 200 was 0.27 per cent higher at 8,121.60, driven by optimism about a potential interest rate cut by the Federal

As world gold prices hit new highs, Westgold Resources (ASX:WGX) has revealed a significant rise in forecast production and a drop in costs. Much of the improvement will come from the $1.2 billion takeover of Karora, including its Beta Hunt Underground Mine and the Higginsville Gold Operations, which feature the Higginsville Open Pit mines and

China’s new home prices fell at the fastest pace in more than nine years in August, official data showed over the weekend, as central government measures continue to fall short of providing stability for the collapsing property sector. If anything, August saw China’s imploding property market continue to drag the economy deeper into a black

From an all-time high earlier this month to the longest fall in 15 years, Berkshire Hathaway and Warren Buffett have experienced the highs and lows of stock market life over the past 12 days. In fact, Berkshire Hathaway shares haven’t faced a losing streak like this in a decade and a half. The non-voting B

Immutep (ASX:IMM) has reported that eftilagimod alpha (efti) combined with MSD’s KEYTRUDA® shows high efficacy and a favourable safety profile for treating head and neck cancer. The TACTI-003 trial revealed a 31.0% overall response rate in patients with high PD-L1 expression, highlighting efti’s potential to improve treatment outcomes without added toxicity. Shares are trading 12.5

At 11:35am, the S&P/ASX 200 is 0.37 per cent higher at 8,130.20, buoyed by a rally on Wall Street driven by gains in tech and gold stocks. US stocks surged on Friday amid expectations that the US Federal Reserve will lower interest rates this week, with markets anticipating a possible 50 basis point cut. On