LA Private

October 18, 2024

Down, down for global inflation & rates, Soft Chinese data, Jobs & RBA, US earnings, Baby bonus?

Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses developments in investment markets over the past week, economic activity trackers, major global economic events and Australian economic events. Investment markets and key developments over the past week Global share markets were mixed over the last week with US shares up as

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Go, Harvey, Go… to court

The Federal Court of Australia has ruled in favour of the Australian Securities and Investments Commission (ASIC), finding that Harvey Norman (ASX:HVN) and Latitude Finance Australia engaged in misleading and deceptive advertising practices. The case stemmed from promotional campaigns that ran from January 2020 to August 2021, which offered interest-free payment plans for Harvey Norman

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Melbana Energy advances Cuban oil projects as export plans take shape

Melbana Energy (ASX:MAY) has reported significant progress in its oil exploration and production activities for the quarter ending 30 September 2024, with the company’s flagship Block 9 project in Cuba moving closer to production. The Block 9 PSC, in which Melbana holds a 30% participating interest and operates, is gearing up for the export of

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Stocks of the Hour: Hillgrove Resources, InhaleRx, Nanoveu

Hillgrove Resources (ASX:HGO) has reported a substantial increase in its Mineral Resource Estimate (MRE) and the establishment of a Maiden Ore Reserve at its wholly owned Kanmantoo Copper Mine in South Australia. This development highlights the project’s significant potential and strengthens the company’s resource portfolio. Shares are trading 7.2 per cent higher at 6.7 cents.

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