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Shares in pharma giant CSL (ASX:CSL) took a hit yesterday after it revealed a larger than forecast loss from currency movements for its 2022-23 financial year. Instead of the impact – estimated earlier this year at the interim results, at around $US175 million, CSL told the ASX on Wednesday the figure was now more like […]

An apparent paradox was reported yesterday by the listed olives group Cobram Estates (ASX:CBO). The company reckons its 2023 crop will be both higher (than the most recent crop), and lower (than a normal crop). Sounds a bit Zen, but from a trading update and presentation to a Sydney investment conference (which also revealed solid

Australia’s competition regulator the ACCC will play a powerful role in determining the final shape of the proposed merger of global grain giants Bunge and Viterra. But on the face of it the ACCC probably won’t cause too much concern and will probably welcome the merger as providing a bigger competitor to the existing majors,

During the late afternoon trading session, the financial sector experienced a notable increase in its gains. All the major banks demonstrated positive performance, with Commonwealth Bank (ASX:CBA) shares surging by 1 per cent, National Australia Bank (ASX:NAB) rising by 1 per cent, Westpac (ASX:WBC) adding 1.1 per cent, and ANZ Bank (ASX:ANZ) edging up by

The global end-to-end supply chain for batteries, lithium, and EVs. How can Australian investors get access to this global investment thematic? Many Australians own shares in Australian lithium explorers or miners, but very few have diversified exposure to the broader global end-to-end supply chain, including international miners and producers, spodumene processors, lithium battery manufacturers as

Australia holds the world’s third largest amount of vanadium, behind China and Russia, but does not supply this critical mineral into the global market. Project Director Peter Hedley from Richmond Vanadium Technology (ASX:RVT) discusses the company’s progress and the vanadium industry. Tim McGowen: Peter, welcome to Sydney. Thanks for your time. Peter Hedley: Thanks, Tim.

Golden Mile Resources (ASX:G88) announced the highest-ever nickel grades at their Quicksilver project in WA. MD Damon Dormer said, “We have a significantly higher-grade zone within the overall Resource with the potential of disseminated nickel mineralisation.” Shares are trading 100 per cent higher at 4.8 cents. NickelSearch (ASX:NIS) announced that their Sexton Prospect diamond drillhole

In the financial markets, the S&P 500, a stock market index, increased by 0.7 per cent, while the Nasdaq index rose by 0.8 per cent, and the Dow Jones Industrial Average gained 0.4 per cent. The value of the US dollar was around 67.70 cents at the market’s opening. Oil steadied after rising more than