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Austal (ASX:ASB), a global shipbuilding company, announced that its subsidiary, Austal USA, has been awarded a significant contract worth US$91,535,551 (AU$143.4 million) for the construction of three Landing Craft Utility (LCU) 1700 class craft for the United States Navy. This contract, which includes options for the manufacture of an additional nine vessels and associated support […]

Lithium Plus Minerals (ASX:LPM) announced an exceptional 127m mineralised pegmatite intersection at the Lei Prospect at their Lithium Project. In response, Executive Chairman, Dr Bin Guo, commented: “It represents one of the largest reported mineralised intersections recorded to date from the Bynoe pegmatite field, with visual inspection showing large spodumene crystals of consistent distribution throughout

In July, Australia’s trade surplus decreased to $8 billion, down from $11.3 billion in June. This figure fell short of expectations, as analysts had predicted a surplus of $10 billion. The decline in the surplus can be attributed to a 2% drop in exports, primarily driven by a decrease in non-monetary gold exports, while imports

Bubs Australia (ASX:BUB), a leading infant formula and baby food company, has announced the commencement of a nationwide clinical trial in the United States. This initiative marks a significant milestone in the company’s dedication to serving North American families. Bubs’ Growth Monitoring Study (GMS) clinical trial is designed to evaluate the growth, tolerance, and safety

Stocks sold off Wednesday, continuing the sluggish start to September, as concerns mounted that the Federal Reserve may not be done hiking interest rates. The Dow Jones Industrial Average sank 198.78 points, or 0.57 per cent, to end at 34,443.19. The S&P 500 dropped 0.7 per cent to finish at 4,465.48, while the Nasdaq Composite

Winston Sammut, an investment manager for Euree Asset Management, discusses trends across property, valuations, risks of devaluation, M&A activity, and opportunities moving forward. Paul Sanger: We’re talking today with Winston Sammut, an investment manager at Euree Asset Management. Winston has over 40 years investment experience, including 20 years in the listed property industry. Winston was

At the closing bell, the S&P/ASX 200 was 0.78 per cent lower at 7,257.10. The price of iron ore has been steadily increasing, with recent futures pricing in Singapore pushing it past $115 per tonne. Today, iron ore futures for October contracts have risen by 1.1%, reaching $116.20 per tonne. This upward trend follows a

Typically, corporate fixed-interest fund raisings don’t make headlines, but when it’s BHP (ASX:BHP), the world’s largest mining company and a major player in financial markets, a substantial $US4.7 billion debt issuance demands close attention. BHP’s significant fundraising through a US bond issue occurred amid decidedly “non-normal” times. Interest rates have surged due to central banks’

In the span of just six weeks, Macquarie Group (ASX:MQG), the largest investment bank in the country, has experienced its second downgrade. The bank’s shares plummeted more than 3% following the recent update. Macquarie Group’s asset management division revised its short-term outlook, anticipating that returns from potential asset sales would extend into the latter half