Australian shares are trading lower near noon as traders assess the risks of escalating tensions in the Middle East. At near noon, the S&P/ASX 200 is 0.08 per cent lower at 8,191.30. This follows a largely unchanged close in yesterday’s session, where a significant rally in energy stocks—driven by heightened fears of a broader conflict […]
ASX down 0.08% near noon Read More »
To register for Friday’s webinar click here. Chariot Corporation Limited (ASX:CC9) has revised its strategy for the Black Mountain lithium project in Wyoming, shifting from pursuing a large-scale resource to testing the viability of a smaller-scale pilot mine. The goal is to supply spodumene concentrate to lithium hydroxide refineries currently under construction in the southwestern
Stocks of the Hour: Chariot Corp, Island Pharmaceuticals, Golden Mile Resources Read More »
The major indexes wrapped up Wednesday just above the flatline, as rising tensions in the Middle East put pressure on the markets. The S&P 500 edged up 0.01 per cent to finish at 5,709.54, while the Nasdaq Composite rose 0.08 per cent to close at 17,925.12. The Dow Jones Industrial Average added 39.55 points, or
Wall St posts minor gains amid Middle East tensions Read More »
Oil prices rose on Wednesday following Iran’s missile attack on Israel but later pulled back as traders assessed the potential impact of the escalating conflict on global energy supplies. Brent crude, the international benchmark, initially surged to $76.14 before retreating to $73.84, ultimately closing slightly higher. Meanwhile, U.S. benchmark West Texas Intermediate edged up 0.4%
Middle East conflict raises concerns over oil exports Read More »
The Hong Kong share market surged to a 20-month high on Wednesday as the rally ignited by last week’s stimulus measures from Beijing continued to lift Chinese stocks. Can this momentum sustain big gains today and tomorrow? The closure of mainland Chinese markets for the Golden Week holiday has facilitated foreign buying in the Hong
Hang Seng index rallies 6.2% as property sector soars Read More »
Investors are increasingly turning to complex derivatives trades to capitalize on the uncertainty surrounding the upcoming U.S. presidential election, speculating on stock market movements regardless of the outcome. With fewer than 30 trading days left, the race remains extremely close, raising concerns about a repeat of the contested results from 2020. Many investors are now
Investors turn to derivatives amid election uncertainty Read More »
Tesla may have delivered 462,890 EVs in the three months leading up to last Sunday, but this fell short of forecasts, causing shares to drop by 6% at one point on Wednesday. By the close of trading, the shares were down 3.5%, as analysts noted that the company now faces the prospect of its first
Teslas deliveries fall short of forecasts, shares dip Read More »
A new substantial listed Australian food group will be created from a complex deal involving SPC, The Original Juice Co (ASX:OJC) and the local powdered milk operations of a Singapore-based group. In an announcement on Wednesday, The Original Juice Co (OJC) said it will acquire SPC Global and the powdered milk business owned by Nature
Juice-ing up the market: A new blend of food giants Read More »
Two top ASX companies have revealed significant changes in their senior leadership — both of which set up candidates for the top job down the track. The Commonwealth Bank (ASX:CBA) and JB Hi-Fi (ASX:JBH) both named new senior executives just under the CEO position. The CBA said its changes were made ahead of impending retirements
Leadership shuffle at CBA and JB Hi-Fi Read More »
The slipping pace of activity across the EU has already seen the European Central Bank cut rates twice this year. Now more cuts are on the cards after the flash inflation figure for September came in under the 2% target. The 1.8% annual reading was due to slipping activity and price pressures in Germany, Spain
More cuts on the cards for the ECB Read More »
