Australian employment increased by 55,000 in October, with a slight uptick in the unemployment rate to 3.7%. This is significant because it impacts the Reserve Bank’s efforts to control inflation, and the bank has adjusted its unemployment rate forecast to 3.8% by December, following a recent interest rate hike to 4.35%. At noon, the S&P/ASX […]
ASX down 0.21% at noon with a slight uptick in the unemployment rate Read More »
To register for Friday’s webinar click here. Galan Lithium (ASX:GLN) has signed a binding term sheet with a Glencore subsidiary for potential lithium chloride concentrate offtake and financing of $70-$100 million, endorsing their low-risk development strategy to become Argentina’s next lithium producer. Discussions for the larger Phase 2 HMW development are open and well advanced.
Stocks of the Hour: Galan Lithium, Vulcan Energy Resources, ABx, Bryah Resources Read More »
16 Nov 2023 – A snapshot of the stocks on the move, featuring Galan Lithium (ASX:GLN), Vulcan Energy Resources (ASX:VUL), ABx (ASX:ABX) and Bryah Resources (ASX:BYH).
Stocks of the Hour: Galan Lithium, Vulcan Energy Resources, ABx, Bryah Resources Read More »
GrainCorp (ASX:GNC), Eastern Australia’s major grain and oilseeds group, has disclosed higher revenue but significantly lower earnings for the fiscal year ending in September. The company indicated that the upcoming 2023-24 financial year is likely to follow a similar pattern. The company announced on Thursday that it had transformed a 4.6% increase in revenue for
GrainCorp’s 2022-23 revenue up, earnings down, similar trends expected in 2023-24 Read More »
Linius Technologies Limited (ASX:LNU) CEO and Executive Director James Brennan discusses the company’s quarterly performance and its technology for rendering video files as flexible as other forms of data. Paul Sanger: I’m Paul Sanger for the Finance News Network, and today I’m talking with Linius Technologies (ASX:LNU). They have a market cap of around $10m.
Automatic sports highlights from historical content Read More »
16 Nov 2023 – Linius Technologies Limited (ASX:LNU) CEO and Executive Director James Brennan discusses the company’s quarterly performance and its technology for rendering video files as flexible as other forms of data.
Automatic sports highlights from historical content Read More »
Despite China’s crude steel output falling for the fourth consecutive month in October, iron ore futures prices hit new 17-month highs on the SGX in Singapore on Wednesday. The price for the December contract rose above $US130 a tonne, the highest since the June-July period of 2022, on Wednesday. It later ended just under $US130
China’s steel output declines, iron ore futures soar Read More »
Stocks climbed on Wednesday, building on the strong rally from the previous session, on the back of more encouraging inflation data. The S&P 500 advanced 0.16 per cent, closing at 4,502.88, while the Nasdaq Composite inched higher by 0.07 per cent and ended at 14,103.84. The Dow Jones Industrial Average added 163.51 points, or 0.47
October’s PPI falls to its biggest monthly drop since April 2020 Read More »
The 0.1% drop in US retail sales for October has reinforced market belief that interest rates have halted their ascent, with the next move likely being a downward one—possibly in May. Thanks to lower petrol prices, the decline in sales masked another robust month of sales and surpassed economists’ expectations, who had predicted a 0.3%
US retail sales dip by 0.1% in October fuels expectations of lower interest rates Read More »
16 Nov 2023 – Stocks climbed on Wednesday, building on the strong rally from the previous session, on the back of more encouraging inflation data.
October’s PPI falls to its biggest monthly drop since April 2020 Read More »
