Market News

GBM Resources Limited (ASX:GBZ) Managing Director Peter Rohner provides an update on the company’s projects, discussing the JV with Newcrest Mining (ASX:NCM) and recent divestments. Abbey Phillipps: We’re talking today to the Managing Director and CEO of GBM Resources (ASX:GBZ), Peter Rohner. Peter, thanks for joining us, and welcome to the network. Peter Rohner: Thanks, […]

Daniel Ortisi, Equity Research Analyst at Stock Doctor, discusses the winners and losers from reporting season and gives advice on portfolio positioning for FY24. Paul Sanger: Today we are looking back over the reporting season with Stock Doctor equity research analyst Daniel Ortisi. Stock Doctor is a platform that uses propriety quantitative mythology to provide

Sequoia Financial Group Limited (ASX:SEQ) CEO and Managing Director Garry Crole discusses financial highlights, drivers of growth and revenue going forward, M&A, and cash deployment. Abbey Phillips: I’m Abbey Phillips with the Finance News Network. We’re talking today with Sequoia Financial Group (ASX:SEQ). The company is an integrated financial service group providing products and services

Live Verdure Ltd (ASX:LV1) has successfully completed $1.68 million placement to fund NPD, retail growth & partnership opportunities. Proceeds of the raising will also enable the Company to progress partnership discussions and conduct further due diligence on prospective partnership and M&A opportunities. Shares are trading 79.35 per cent higher at 16.5 cents. Besra Gold (ASX:BEZ)

At noon, the S&P/ASX 200 is 0.46 per cent lower at 7,280.30. Australia’s GDP grew by 0.4% in the three months to June, surpassing expectations due to increased business investment, despite weaker household spending and declining productivity, resulting in an annual GDP growth rate of 2.1% with expectations of further moderation throughout the year, indicating

The obscure town of Seadrift, nestled along the Texas Gulf Coast, is on the brink of becoming a global focal point in the quest to challenge China’s dominance in the rare earths industry. The Biden administration has granted Australian company Lynas Rare Earths a substantial sum of $258 million (AUD 404 million) to construct the

Stocks fell on Tuesday to kick off the first trading day of a holiday-shortened week, weighed down by a jump in crude oil prices. The jump was as a result Saudi Arabia and Russia extending their voluntary supply cuts. Saudi Arabia will continue its unilateral production cutback of 1 million barrels a day until December.

Inflation fears gripped global markets on Tuesday as Wall Street resumed trading after the extended weekend, colliding with the aftermath of Saudi Arabia’s decision to prolong its million-barrel-a-day production cut until year-end. The Saudi production reduction aids in funding Russia’s expenses for its involvement in the Ukrainian conflict while generating substantial revenue for investing in

Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses the cash rate. Key points:The RBA left its cash rate on hold at 4.1% for the third month in a row.This was in line with our own forecast, the consensus of economists and the money market’s expectation.The decision to hold makes sense

Melbourne-based packaging company, Orora (ASX:ORA), is set to raise over $1.3 billion from its shareholders in order to acquire Saverglass, a prominent French glass bottles manufacturer valued at $2.16 billion (1.290 billion euros). This move confirms earlier reports of Orora’s interest in expanding its presence in the European market. Orora, a spin-off of Amcor, will