Market News

The slowdown in the Chinese economy was dramatically underlined Wednesday with very weak May trade data – especially exports, the mainstay of the stuttering recovery this year. It was the first fall in monthly exports since February and confirms the sobering view that global demand is now so weak (especially in major markets like the […]

At the closing bell, the S&P/ASX 200 was 0.16 per cent lower at 7,118.00. The energy sector was the worst performing, down 0.7 per cent. Beach Energy (ASX:BPT) shares dropped 8.1 per cent. Viva Energy (ASX:VEA) shed 2.8 per cent. Karoon Energy (ASX:KAR) fell 3.5 per cent. Woodside Energy (ASX:WPL) shed 0.4 per cent. The

Novonix Limited (ASX:NVX) CEO Dr Chris Burns discusses the company’s joint research and development agreement with South Korean battery cell manufacturer LG Energy Solution. Paul Sanger: We’re talking today with NOVONIX (ASX:NVX), an integrated developer and supplier of high-performance materials, equipment and services for the global lithium-ion battery cell industry, with operations in the US,

Larvotto Resources Limited (ASX:LRV) Managing Director Ron Heeks discusses the company’s projects, commenting on their rare earths, gold, copper, cobalt, lithium and PGE potential. Tim McGowen: We’re talking with Larvotto Resources (ASX:LRV), market cap of around $16m. We have with us Managing Director Ron Heeks. Ron, welcome to Sydney. Thanks for your time. Ron Heeks:

NOVONIX (ASX:NVX) have signed an agreement for the joint research and development of artificial graphite anode material for lithium-ion batteries. Also, in a separate agreement, NOVONIX has agreed to issue an aggregate principal amount of US$30 million unsecured convertible notes to LGES. Shares are trading 7.22 per cent higher at $1.04. Latin Resources (ASX:LRS) announced

At noon, the S&P/ASX 200 is 0.07 per cent higher at 7,134.60. According to the Australian Bureau of Statistics, Australia’s economy grew by 0.2 per cent in the first quarter of the year, compared to 0.6 per cent in the previous quarter. This growth rate was below the forecast of 0.3 per cent. The slowdown

CEOs are in the news – Monday saw Myer boss, John King signal his departure in late 2024 but Elders CEO, Mark Allison decided to stay for a couple more years instead of retiring this November. That took around $2.5 million more in salary, bonuses and performance share rights. On Tuesday it was the turn

The S&P 500 advanced modestly on Tuesday to its highest close since 2023 began as Wall Street digested a recent rally that led the broad index to its highest level in nine months. The S&P 500 added 0.24 per cent, trading near a nine-month high, to finish at 4,283.85 — also the highest close dating

Synlait Milk (ASX:SM1), a2 Milk Company’s (ASX:A2M) Kiwi manufacturing partner, has had some good news – Chinese regulators have approved a2’s China label baby formula. Synlait told the ASX and NZX on Tuesday that China’s State Administration for Market Regulation (SAMR) had given its approval for a2 Milk’s formula stages 1, 2 and 3, which

Gold miner Westgold Resources (ASX:WGX) has announced a $177 million all-paper takeover offer for tiddler Musgrave Minerals (ASX:MGV) in a deal launched with a touch of controversy, but with the aim of uniting two miners operating in the Cue area of the WA goldfields. Like the battle for control of between Silver Lake and Genesis