19 Sep 2023 – Afternoon update: S&P/ASX 200 dips 0.35% as Energy shines, Pilbara Minerals struggles
Afternoon update: S&P/ASX 200 dips 0.35% as Energy shines, Pilbara Minerals struggles Read More »
Investors are feeling nervous in anticipation of the upcoming US Federal Reserve policy meeting, where it is anticipated that the Fed will reiterate its commitment to maintaining low interest rates for an extended period. Adding to this unease is the revelation from the Reserve Bank’s September meeting minutes that it had contemplated raising interest rates.
ASX down at 0.53% at noon: Investors anticipating upcoming Fed meeting Read More »
19 Sep 2023 – A snapshot of the stocks on the move, featuring BluGlass (ASX:BLG), Codrus Minerals (ASX:CDR) and Kula Gold (ASX:KGD).
Stocks of the Hour: BluGlass, Codrus Minerals, Kula Gold Read More »
BluGlass (ASX:BLG) has received a custom laser order from a repeat customer. The customer is a leading USA-based research laboratory, who will use BluGlass’ lasers within high-powered scientific applications. In response, BluGlass CEO Jim Haden said, “We are very encouraged to receive this order from an existing laser project customer, as we develop our track-record
Stocks of the Hour: BluGlass, Codrus Minerals, Kula Gold Read More »
Global oil prices experienced a significant surge on Monday, briefly flirting with the $95 per barrel mark, as the market grapples with anticipation of a supply deficit. This supply crunch is primarily attributed to extended production cuts by major oil-producing nations, Saudi Arabia and Russia, outweighing concerns about global demand. Brent crude futures saw an
Oil prices surge amidst tight supply outlook Read More »
Investment markets and key developments over the past week Global share markets were mixed over the last week. US shares initially rose as economic data provided confidence that the Fed won’t have to raise rates again but fell on Friday on concerns about an auto workers strike amidst various options expiries which can magnify volatility leaving
Market update: US inflation, Australia’s population increase & surging petrol prices Read More »
A decade ago, amid the turmoil of the Greek economy and society following the departure of the inept Socialist government in 2009, there was widespread anticipation of a catastrophic crash. Economists and analysts from various corners of the world forewarned of doom not only for Greece but also for the euro, the EU, and the
From Greek crisis to credit upgrade: a decade of resilience Read More »
Silver Lake Resources (ASX:SLR) made a bold move by securing an 11% stake in Red 5, at an approximate cost of $70 million. This decision, however, triggered nervous investors who witnessed a $75 million reduction in the company’s share market value. On Monday afternoon, Silver Lake unveiled its strategic acquisition, causing its shares to plummet
Silver Lake Resources acquires stake in Red 5 Read More »
Gold miner Newmont Corp has taken a significant step toward acquiring Newcrest (ASX:NCM) with its A$26 billion all-paper takeover offer, as Australia’s Foreign Investment Review Board (FIRB) has approved the deal. This marks the second crucial approval from Australian regulators in a month, following the green light from the ACCC in August. Japan’s Fair Trade
Newmont’s $26 billion takeover of Newcrest clears Australian regulatory hurdles Read More »
19 Sep 2023 – US stocks have closed near the flat line Monday as investors geared up for the Federal Reserve’s meeting scheduled for later in the week.
US stocks mostly flat: Global mining M&A set to reach highest level in decade Read More »
