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% […]
Hot Stocks: Northern Star Resources, DroneShield, Bellevue Gold Read More »
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
Trump hits Chinese ships with new port fees in bid to revive US shipbuilding Read More »
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
Trump calls for rate cuts, Powell’s termination Read More »
Trump’s tariff-led trade war is pushing the world’s two largest economies toward a new front: a currency war— “one that will be gradual, deliberate, and globally disruptive,” warns the CEO of global financial advisory giant, deVere Group. With US tariffs on Chinese goods now averaging 145%, Beijing is under growing pressure to respond. But with
US and China headed for currency war: warns deVere CEO Read More »
China’s latest export restrictions on rare earth elements threaten to deepen US supply chain vulnerabilities, with the country’s military production capabilities facing particular risk, according to a new report by the Center for Strategic and International Studies (CSIS). On April 4, Beijing announced new controls on the export of seven key rare earth elements
China’s rare earth restrictions threaten US defence Read More »
US markets took a breather on Tuesday, with the major indexes posting slight declines as tariff volatility subsided and investors digested a fresh wave of corporate earnings. The Dow Jones fell 156 points, or 0.38%, to close at 40,369. The S&P 500 edged down 0.17%, while the Nasdaq was virtually flat, down just 0.05%. After
Wall Street eases after two-day rally Read More »
Boeing has suffered a major setback in its largest international market after China reportedly ordered its airlines to halt deliveries of the US planemaker’s jets, escalating trade tensions between Washington and Beijing. The move comes days after China raised retaliatory tariffs on US imports to 125%, following President Donald Trump’s latest round of tariffs
China blocks Boeing jet deliveries Read More »
Citigroup and Bank of America have reported stronger-than-expected first-quarter results, lifting bank shares despite mounting economic uncertainty linked to new tariffs and policy risks. Bank of America shares rose 4.4% and Citigroup gained 3.4% after both lenders beat Wall Street expectations on the back of robust trading activity, resilient consumer spending, and stable credit quality.
Bank shares climb as Citi and Bank of America beat earnings expectations Read More »
The global IPO market is showing strong signs of recovery, with Q4 2024 seeing a substantial increase in activity. According to S&P Global Market Intelligence data, the quarter recorded 382 IPOs, the highest level in over a year, signaling a rebound after a slowdown in 2022 and 2023. The aggregate offering amount for these IPOs
Global IPO Market Shows Signs of Recovery Read More »
The Western Australian Government has partnered with General Dynamics Mission Systems to strengthen the state’s defence industry and bolster its economy. This memorandum of understanding aims to integrate local businesses into the Virginia-class submarine supply chain, enhancing workforce skills and knowledge. The Australian Government’s significant investment of over $10 billion in the Henderson Defence Precinct,
Western Australia Boosts Defence Industry with Partnership Read More »
