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ASX closes 0.54 per cent lower as Chinas inflation data falls to zero

The ASX declined further as weak consumer inflation data from China contributed to ongoing losses, with the benchmark S&P/ASX 200 index falling 0.54 per cent at 7,004, primarily driven by losses in most industry sectors. China’s unchanged consumer price index raised concerns about the potential risk of deflation. Futures The Dow Jones futures are pointing […]

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INOVIQ’s breast cancer test outperforms leading approved test

INOVIQ Limited (ASX:IIQ) CEO Dr Leearne Hinch discusses recent news, including excellent sensitivity and specificity results for the company’s SubB2M breast cancer test. Paul Sanger: Today we’re speaking with Dr Leearne Hinch, who is the CEO of INOVIQ (ASX:IIQ). INOVIQ is a developer of next-generation exosome solutions and precision diagnostics. It has an ASX code of “IIQ”

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China’s inflation rate falls to zero

China’s consumer inflation rate falls to zero in June, while factory-gate prices fell further, raising concerns about deflation in the economy. The consumer price index, released by the National Bureau of Statistics on Monday, indicated weak demand and added to worries about the threat of deflation. The figure came in below expectations, as economists in

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Charter Hall Retail REIT sells Brickworks Marketplace for $85m

Charter Hall Retail REIT (ASX:CQR), a leading owner of convenience retail properties, reported the sale and settlement of Brickworks Marketplace in South Australia for a total consideration of $85 million. The sale, which represents a premium of $4.9 million or 6.1% over the December 2022 book valuation, underscores the continued demand and inherent quality of

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Stocks of the Hour: Forrestania Resources, Artemis Resources, DevEx Resources

Forrestania Resources (ASX:FRS) has announced a JV with ALX Resources for the Hydra Lithium Project in Quebec, Canada. We heard from MD Michael Anderson this morning.” Shares are trading 22.73 per cent higher at 13.5 cents. Artemis Resources (ASX:ARV) has identified lithium bearing pegmatites on the Osborne Joint Venture in the West Pilbara region. Further

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Dreamworld owner Ardent Leisure thrills with 70% jump in full-year revenue

Ardent Leisure Group Limited (ASX: ALG) has provided a preliminary unaudited trading update for the financial year ending on 27 June 2023, highlighting the continued growth and success of its Theme Parks & Attractions business. Despite facing macroeconomic headwinds and the lingering effects of the COVID-19 pandemic, the company has achieved remarkable results, with unaudited

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