April 18, 2025

CZR Resources Ltd (ASX:CZR) has unanimously recommended that its shareholders approve a binding offer from the Robe River Joint Venture (RRJV) to acquire CZR’s interest in the Robe Mesa Iron Ore Project tenements for A$75 million in cash. The RRJV comprises North Mining Limited (a wholly-owned subsidiary of Rio Tinto Limited), Robe River Mining Co […]

The European Central Bank (ECB) has cut interest rates by 25 basis points, lowering its benchmark deposit rate to 2.25%, amid what it described as “exceptional uncertainty” stemming from escalating global trade tensions—chiefly those triggered by U.S. President Donald Trump’s tariff policies.   It marks the ECB’s seventh rate cut since mid-2023 and comes as

U.S. President Donald Trump has intensified his public campaign against Federal Reserve Chair Jerome Powell, demanding lower interest rates and declaring Powell’s “termination cannot come fast enough” in a Truth Social post on Thursday. The post marks Trump’s most explicit call to date for Powell’s removal and raises fresh questions over the future independence of

UnitedHealth Group shares plunged over 20% on Thursday—the company’s worst single-day performance since 1998—after it slashed its annual profit forecast and revealed unexpectedly high medical costs in its Medicare Advantage business. The results have sent ripples across the broader health insurance sector, prompting concerns about rising costs and the outlook for rival insurers. The insurer,

Taiwan Semiconductor Manufacturing Company (NYSE:TSM), the world’s largest contract chipmaker, has beaten Wall Street expectations for the first quarter of 2025, driven by surging demand for AI-related chips and continued strength in its 3nm and 5nm process technologies. However, the company warned of potential headwinds from global trade tensions and tariffs.   Q1 earnings and

Wall Street closed out a shortened trading week with a split finish, as investors continued to digest the impact of US tariff policy and corporate earnings surprises. The S&P 500 inched up 0.13% to close at 5,282.70, managing a modest gain despite a choppy session. Meanwhile, the Nasdaq Composite dipped 0.13%, ending at 16,286.45. The

By Dr Shane Oliver, Chief Economics and Head of Investment Strategy at AMP.   Investment markets and key developments   Share markets were mixed over the last week with uncertainty remaining high around the impact of Trump’s tariffs but no big new negative announcements. For the holiday shortened week though US shares fell 1.5% with

The European Central Bank has delivered its seventh interest rate cut in a year and there are two more to come in 2025, predicts the CEO of one of the world’s largest independent financial advisory and asset allocation organizations.   But this isn’t a one-way road. As fiscal stimulus builds momentum across the eurozone, deVere Group’s Nigel

A look at some of the companies making the news this week. On 16 April 2025, De Grey Mining (ASX:DEG) announced that its shareholders had overwhelmingly approved the proposed acquisition of the company by Northern Star Resources (ASX:NST) via a court-approved scheme of arrangement. The vote saw 99.64% of shares cast in favour and 89.68%

The Trump administration has unveiled a sweeping plan to impose phased fees on Chinese-built and Chinese-owned ships docking at US ports, marking a bold escalation in trade and industrial policy aimed at revitalising America’s long-declined commercial shipbuilding sector.   The new port fees—initially proposed during the Biden administration but finalised under Trump—follow a year-long investigation