Market News

Stocks fell Thursday as Treasury yields popped to multiyear highs and investors grew worried that lawmakers would be unable to prevent a shutdown. The Dow Jones Industrial Average dropped 370.46 points, or 1.08 per cent, to close at 34,070.42. The S&P 500 slid 1.64 per cent to 4,330. The Nasdaq Composite retreated 1.82 per cent […]

The Bank of England has followed the US Federal Reserve in leaving its key interest rate unchanged in what was a major surprise. In doing so the UK central bank’s decision also added substance to the decision the week before from the European Central Bank which pushed up its key market rate and made it

Consumers are becoming more cautious due to rising living costs, but UBS analysts believe this doesn’t indicate an immediate drop in spending, as they note a slight improvement in future interest rate expectations; however, sticky inflation and the ongoing cost-of-living pressures are causing consumers to allocate more of their budgets to essential expenses, while discretionary

The S&P/ASX 200 is trading 1.37 per cent lower at 7,064.90. Futures The SPI futures are down 103 points. Best and worst performers The best-performing sector is REITs, down 0.35 per cent. The worst-performing sector is Financials, down 1.95 per cent. The best-performing large cap is South32 (ASX:S32), trading 1.65 per cent higher at $3.385.

Alex Parks – CEO and Managing Director – Prominence Energy (ASX:PRM) is an ASX listed oil and gas exploration and development company.

Brendan Stats – CEO – TMK Energy Limited (ASX:TMK) is a gas exploration company listed on the Australian Stock Exchange. TMK holds a 67% interest in the Gurvantes XXXV Project located in the South Gobi Basin of Mongolia and also holds a 20% interest in the Talisman Depp Project containing the Napoleon Structure located in

Tor McCaul – Managing Director – Comet Ridge Limited (ASX: COI) is a publicly listed Australian energy company focused on the development of natural ga

Ken Aitken – Managing Director – Metgasco (ASX:MEL) is a petroleum (oil and gas) exploration and production company, listed on the Australian Securities Exchange.

Thomas Nador – CEO – Buru Energy (ASX:BRU) is an oil and gas producer and explorer with its core area of activity in the in the northwest Western Australia in the onshore Canning Basin. The Company is also actively participating in the new energy economy with interests in natural hydrogen, CCS and battery minerals.

Phil McNamara – Director – Emperor Energy (ASX:EMP) is a diversified energy company with upstream and downstream assets in Australia. The company’s strategic asset Vic/P47 in the Gippsland Basin next to the BHP/ExxonMobil Kipper field.