Market News

Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses the US election. Key points:The US election has significant potential to impact markets. A Harris victory would mean more of the same, but a Trump victory could lead to uncertainty particularly around trade.Australia would be vulnerable to a rapid intensification of trade […]

Newmont Corporation (ASX:NEM) has made a second major asset sale in a couple of months as it continues to integrate last year’s Newcrest takeover. Unlike the first sale in September of former Newcrest assets in the shape of the Telfer mine in WA and the nearby Havieron prospect, this latest deal involves one of Newmont’s

Tesla has been running a five-year interest-free loan promotion this year. But figures released this week by the China Passenger Car Association paint a bigger picture – Tesla’s price cuts and other measures are a tiny part of what is now a full-on price brawl. Association secretary-general Cui Dongshu said in a social media post

Woodside Energy has a new name for its latest US LNG interest and is targeting a final investment decision (FID) some time next year for the Louisiana-located project. Woodside yesterday told the market it has completed the acquisition of Tellurian and its Driftwood LNG project for US$1 a share or US$900 million (around A$1.2 billion).

One of the longest and noisiest takeover battles at the bottom end of the market has ended with French agri commodities giant Louis Dreyfus Company (LDC) getting control of Namoi Cotton after the bid from Singapore-based rival, Olam Agri Holdings, lapsed. LDC last week emerged as the winning bidder after lifting its offer price to

Australian shares opened higher, driven by a strong rally in consumer and utilities stocks, despite ongoing disappointment with China’s latest efforts to stimulate its economy. At 11:35am, the S&P/ASX 200 is 0.46 per cent higher at 8,214.60. The SPI futures are pointing to a rise of 39 points. Best and worst performers The best-performing sector

Metals Acquisition, which owns the former Glencore copper mine in Cobar, western NSW, has gone to the market seeking around $A140 million to help reduce its debt. This marks the company’s second capital raising in seven months, bringing the total amount raised from the market this year to nearly half a billion dollars. On Wednesday,

To register for Friday’s webinar click here. NOVONIX Limited (NASDAQ:NVX, ASX:NVX), a leader in battery materials and technology, has entered a Joint Collaboration Agreement with ICoNiChem Widnes Limited, a UK-based expert in cobalt and nickel salts. This partnership aims to focus on the development of nickel-based cathode active materials (CAM) for sustainable battery production. Shares

Santana Minerals Ltd (ASX/NZX: SMI) has announced a significant milestone for its Bendigo-Ophir Gold Project (BOGP) in Central Otago, New Zealand. The project has been designated as a ‘Fast-Track Project’ under Schedule 2 of the coalition government’s Fast Track Approvals Bill. This designation aims to accelerate projects that contribute to regional and national economic growth.

Stocks rebounded on Tuesday after a losing session on Wall Street, as oil prices eased and investors assessed ongoing tensions in the Middle East. The S&P 500 rose 0.97 per cent to close at 5,751.13, while the Nasdaq Composite gained 1.45 per cent, finishing at 18,182.92. The Dow Jones Industrial Average added 126.13 points, or