The Reserve Bank of Australia’s (RBA) 2024 Annual Report, released Friday, reflects a year of significant financial challenges and organisational shifts. The RBA posted an accounting loss of $4.2bn for the financial year — its second consecutive year of losses — primarily due to the impact of higher interest rates on its holdings. These losses […]
Interest rates drive accounting losses at Australia’s central bank Read More »
Boeing is gearing up to raise more than US$15bn this week in a bid to stabilise its finances. This move is part of a larger effort to address the company’s ongoing liquidity crisis. According to sources, the fundraising is expected to involve a mix of stock sales and convertible debt. Depending on investor interest, the
Boeing’s $15bn plan to avoid a financial nosedive Read More »
Crude oil futures have declined following Israeli airstrikes that did not target critical Iranian oil infrastructure. West Texas Intermediate (WTI) crude has fallen 4.6% to US$68.48 a barrel, while Brent crude, the global benchmark, has fallen 4.4% to US$72.67 a barrel. The market had been on edge amid concerns that the Israeli response to an October
Oil falls as Israeli airstrikes avoid key Iranian energy sites Read More »
Santana Minerals (ASX:SMI) continues to move forward with its Bendigo-Ophir Gold Project in Central Otago, New Zealand, as highlighted in its September 2024 quarterly report. The project was granted fast-track approval by the New Zealand government in early October, enabling a streamlined consent process expected to conclude by mid-2025. CEO Damian Spring stated, “Being named
Santana’s PFS on track as fast-track approval granted Read More »
FINEOS Corporation (ASX:FCL) is a Dublin-based enterprise software company that specialises in providing solutions for the life, accident, and health insurance sectors. The company’s flagship product, the FINEOS Platform, includes AdminSuite, which is designed to streamline administrative tasks such as policy administration, claims processing and billing. This integrated software platform aims to improve operational efficiency for
AdminSuite rollouts strengthen FINEOS’ insurance sector footprint Read More »
Japanese stocks have rallied as the yen has dropped to a three-month low. The currency’s fall follows Sunday’s election, where Prime Minister Shigeru Ishiba’s ruling coalition lost its parliamentary majority, raising political and economic uncertainty. The Liberal Democratic Party (LDP) and junior partner Komeito secured only 215 seats in the lower house, falling short of
Japanese stocks surge as yen slides following election upset Read More »
Adriatic Metals (ASX:ADT), a company focused on high-grade precious and base metals, recently shared its Q3 2024 update, detailing advancements at its flagship Vares Silver Operation in Bosnia and Herzegovina. The company reported a 123% increase in ore milling compared to the previous quarter, alongside ramping up underground development by 13%. Production remains on track
Storms and safety challenges fail to slow Adriatic’s Vares progress Read More »
Oneview Healthcare (ASX:ONE) recently released its Q3 2024 update, showing progress despite ongoing market challenges. The company specialises in patient engagement technology, offering a suite of digital tools for hospitals and healthcare facilities. Its flagship Care Experience Platform (CXP) is designed to enhance patient care by integrating services like virtual nursing, patient monitoring and interactive
Oneview targets North American growth Read More »
Temple & Webster Group (ASX:TPW) provided a positive trading update at its 2024 Annual General Meeting, held today. From 1 July to 24 October 2024, the company’s year-to-date revenue rose by 21% compared to the same period in 2023. This growth has come despite the broader economic challenges posed by the ongoing cost-of-living crisis affecting
Temple & Webster maintains debt-free status amid solid revenue gains Read More »
Carnarvon Energy (ASX:CVN) has reported progress on its Dorado oil and gas project in its Q3 2024 update. The company, which focuses on exploration and development in the Bedout Sub-basin off the coast of Western Australia, is advancing toward a final investment decision (FID) in 2025. During this quarter, Carnarvon worked on technical studies to
Dorado project on track: Carnarvon eyes 2025 final decision Read More »
