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China’s new home prices fell at the fastest pace in more than nine years in August, official data showed over the weekend, as central government measures continue to fall short of providing stability for the collapsing property sector. If anything, August saw China’s imploding property market continue to drag the economy deeper into a black […]

From an all-time high earlier this month to the longest fall in 15 years, Berkshire Hathaway and Warren Buffett have experienced the highs and lows of stock market life over the past 12 days. In fact, Berkshire Hathaway shares haven’t faced a losing streak like this in a decade and a half. The non-voting B

Immutep (ASX:IMM) has reported that eftilagimod alpha (efti) combined with MSD’s KEYTRUDA® shows high efficacy and a favourable safety profile for treating head and neck cancer. The TACTI-003 trial revealed a 31.0% overall response rate in patients with high PD-L1 expression, highlighting efti’s potential to improve treatment outcomes without added toxicity. Shares are trading 12.5

At 11:35am, the S&P/ASX 200 is 0.37 per cent higher at 8,130.20, buoyed by a rally on Wall Street driven by gains in tech and gold stocks. US stocks surged on Friday amid expectations that the US Federal Reserve will lower interest rates this week, with markets anticipating a possible 50 basis point cut. On

Investors have significantly raised their expectations for a half-percentage-point interest rate cut by the Federal Reserve next week, as the central bank prepares to reduce borrowing costs for the first time in over four years. Currently, swaps market traders are pricing in a 49% chance that the Fed will opt for a larger cut to

Iron ore prices are expected to come under more pressure today after a surprise slump in China’s crude steel output in August. Data from the National Bureau of Statistics, released on Saturday, showed that crude steel output fell by 6.1% to 77.92 million tonnes in August, down from July’s 82.94 million tonnes. This marks the

US equity indexes closed higher on Friday as markets looked ahead to the Federal Reserve’s latest monetary policy decision, due this week. The Dow and the Nasdaq both rose 0.7%, reaching 41,393.8 and 17,684, respectively, while the S&P 500 gained 0.5%, closing at 5,626. For the week, the Nasdaq jumped nearly 6%, the S&P 500

There are things that the struggling casino group, Star Entertainment (ASX:SGR), can’t afford financially (having lost any moral claims), and one of those is losing its Sydney casino licence or facing a hefty fine. But that’s exactly what it was threatened with on Friday, as the NSW gambling regulator warned of cancelling its Sydney casino

Oil prices have dropped sharply from their year-long trading range as investors grow increasingly concerned about weakening demand from the world’s largest economies. Brent crude, which had been fluctuating between $73 and $92 since last October, fell to $68.68 on Tuesday—the lowest since December 2021. The decline follows a report showing that China’s oil imports

US stocks surged on Friday, with the S&P 500 and Nasdaq Composite securing their strongest week of 2024, buoyed by anticipation for an upcoming Federal Reserve rate cut. The S&P 500 climbed 0.54 per cent to close at 5,626.02, nearing its July all-time high. The tech-heavy Nasdaq Composite added 0.65 per cent, reaching 17,683.98. Both