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Raiden Resources (ASX:RDN) has entered into a transaction to acquire an 80 per cent interest in the Welcome Exploration tenements. These are located in the Pilbara region of WA. Dusko Ljubojevic, MD of Raiden, commented: “With credit to Raiden’s management team, the company has managed to secure prospective ground immediately adjacent to one of the […]

The Dow Jones Industrial Average rose on Tuesday for the first time in seven days as Wall Street readied for the end of the first half and investors piled back into tech stocks. Overall, the 30-stock index climbed 212.03 points, or 0.63 per cent, to end at 33,926.74. The S&P 500 advanced 1.15 per cent

Australian billionaire businesswoman Gina Rinehart, through Hancock Agriculture (ASX:HAN), has seized the opportunity presented by the recently signed Australia-UK free trade deal to enter the British beef market. Rinehart introduced her premium beef products, including the renowned wagyu product called 2GR, from Hancock Agriculture and three new high-quality meats from S. Kidman farms (ASX:KID). Emphasising

Bitcoin Cash (BCH), one of the early offshoots of the original digital currency, has experienced a significant surge in value, more than doubling in the past week. The rally was sparked by the launch of a new cryptocurrency exchange, EDX Markets, backed by prominent firms such as Citadel Securities, Fidelity Digital Assets, and Charles Schwab

Cost of living pressures have not dampened the travel industry, according to Qantas (ASX: QAN), as the airline reassures investors that its earnings remain unaffected by rising household bills and higher interest rates. Qantas has reported that its domestic capacity has returned to pre-pandemic levels, with 11 new international routes added since mid-May to meet

Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses the possible recession. Key pointsThe risk of recession globally and in Australia has increased with ongoing central bank rate hikes.Signs of faster wages growth has seen the RBA turn more hawkish. The risk of recession here is now around 50%.Recession would mean

At the closing bell, the S&P/ASX 200 was 0.56 per cent higher at 7,118.20. Shares snapped a consecutive decline over the course of four days, while the banking, real estate, and mining sectors outperformed. The market appears to have absorbed significant selling pressure, potentially linked to the conclusion of the month, quarter, and financial year.