LA Private

Author name: Joanna Dimitrakopoulos

Rebound in banks lift the S&P500: EV sector gets a boost by EU’s plans

Stocks rose Wednesday as investors hoped congressional leaders and President Joe Biden could come to a deal on the US debt ceiling and avoid a catastrophic default. At the conclusion of a meeting between the president and congressional leaders Tuesday, House Speaker Kevin McCarthy said that a “better process” is now in place for further

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Stocks of the Hour: Latin Res, European Metals, Golden Mile Res, Immutep

Latin Resources (ASX:LRS) announced that drilling confirms that their Colina deposit has lithium pegmatites extending over 2KM. VP of Operations, Tony Greenaway commented: “We will now move some rigs to start testing to expand the deposit through systematic step-out to the southwest.” Shares are trading flat at 19 cents. European Metals (ASX & AIM:EMH, OTCQX:

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ASX up 0.59% as economy experiences loss of jobs

According to the Australian Bureau of Statistics, the economy experienced a loss of 4,300 jobs in the previous month, which was contrary to economists’ predictions of gaining 25,000 positions. Moreover, the jobless rate unexpectedly increased to 3.7 per cent, failing to meet the forecast of remaining steady at 3.5 per cent. Additionally, the participation rate

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Fifty times more valuable than LNG: Searching for helium in Tanzania

Noble Helium Limited (ASX:NHE) Co-Founder and CEO Justyn Wood discusses the demand for and pricing of helium, the geology of the company’s project in Tanzania, plans for helium transport and outlook. Tim McGowen: We’re talking today with Noble Helium (ASX:NHE), market cap of around $50m. We have with us Justyn Wood, who is the CEO

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Biden and McCarthy set to continue talks regarding the US debt ceiling

Stocks dipped Tuesday as Wall Street also turned its attention to a meeting between congressional leaders and President Joe Biden on the US debt ceiling. On Monday, Treasury Secretary Janet Yellen reaffirmed that the US faced the possibility of default as early as June 1, the so-called X date, if a deal isn’t reached between

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Commercial property returns under threat

Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses commercial property. Key pointsAustralian unlisted commercial property returns have been very strong over the last two decades thanks largely to the “search for attractive yields” by investors.With the back up in bond yields, this driver is reversing leaving retail and particularly office

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