Strap in: Birkenstock considers $9bn IPO
07 Jul 2023 – An IPO under consideration could value Birkenstock at a staggering $9 billion or more.
Read More07 Jul 2023 – An IPO under consideration could value Birkenstock at a staggering $9 billion or more.
Read More07 Jul 2023 – The World Gold Council expects the yellow metal to hold firm over the rest of 2023, despite some price weakness in the past month.
Read More07 Jul 2023 – Better-than-expected jobs data increased investors’ anxiety around the state of the economy and the path of interest rates.
Read More06 Jul 2023 – The Australian dollar briefly dropped 0.6 per cent to a low of US66.34 against the US dollar as sentiment continues to deteriorate across Asian markets.
Read More06 Jul 2023 – The United Nations has called for substantial investment in clean energy in developing countries, highlighting the crucial role it plays in achieving global climate goals by 2030.
Read More06 Jul 2023 – In the face of speculation about tensions between Saudi Arabia and oil ally Russia, Saudi Energy Minister Prince Abdulaziz bin Salman categorically dismissed such talk and instead praised the coordinated efforts of both nations to remove barrels from the market.
Read More06 Jul 2023 – The value of Australia's lithium exports is expected to decrease after reaching a record $19.5 billion last year, as global production catches up with the surging demand for electric vehicles.
Read More06 Jul 2023 – Bubs Australia (ASX:BUB) has released the findings of its Strategic Review conducted over the past two months.
Read More06 Jul 2023 – ABS has reported that Australia recorded a trade surplus of $11.8 billion in May, with strong commodity prices contributing to the boost in the economy.
Read More06 Jul 2023 – A snapshot of the stocks on the move, featuring Morella Corporation, Pacific Edge, Critical Resources.
Read More06 Jul 2023 – The Dow Jones Industrial Average slid on Wednesday as Wall Street digested the Fed meeting minutes for insights into monetary policy.
Read More05 Jul 2023 – At the closing bell, the S&P/ASX 200 was 0.35 per cent lower at 7,253.20, experiencing a decline, ending a three-day period of gains. The index closed down by 0.4 percent at 7253.6 points, reaching a low of 7247.6 during the day.
Read More05 Jul 2023 – Cann Group (ASX:CAN) has announced its unaudited revenue results for the fiscal year 2023, showcasing remarkable growth.
Read More05 Jul 2023 – Bellevue Gold (ASX:BGL) has entered into a toll treating agreement with a subsidiary of Genesis Minerals (ASX:GMD).
Read More05 Jul 2023 – Wyloo Metals has finalised its $760 million takeover of Mincor Resources to secure its position in the global nickel supply chain.
Read More05 Jul 2023 – Westgold Resources has met the top end of its full financial year production guidance, producing 257,116 ounces of gold.
Read More05 Jul 2023 – Patriot Battery Metals Inc has announced significant advancements in its preliminary Heavy Liquid Separation testwork.
Read More05 Jul 2023 – China's Caixin services manufacturing PMI for June fell short of expectations at 53.9 points, disappointing analysts who anticipated a stronger rebound at 56.2, while the Caixin composite PMI declined to 52.5 in April.
Read More05 Jul 2023 – Eureka Group Holdings has provided a positive update on its expected financial performance for the fiscal year ending 30 June 2023.
Read More05 Jul 2023 – Overnight, US markets were closed due to the fourth of July holiday. Futures tied to the Dow Jones Industrial Average and Nasdaq-100 lost 0.1 per cent, while contracts tied to the S&P 500 were flat.
Read More04 Jul 2023 – The Reserve Bank of Australia has decided to keep the cash rate unchanged at 4.1 percent following its July board meeting.
Read More04 Jul 2023 – Ahead of economic talks between China and the US, Beijing has imposed export restrictions on two minerals that are crucial for the production of semiconductors, missile systems, and solar cells.
Read More04 Jul 2023 – Costa Group is poised to recommend a takeover offer from New York-based private equity firm Paine Schwartz Partners.
Read More04 Jul 2023 – In a bid to challenge Twitter's dominance in social media, Meta Platforms will release a new microblogging app called Threads.
Read More04 Jul 2023 – At noon, the S&P/ASX 200 is 0.06 per cent higher at 7,250.60, ahead of the RBA’s interest rate decision at 2:30 PM. Economists are divided on whether there will be a rate change, with some expecting another 25 basis point hike while others anticipate no change. Market pricing suggests a 30% chance of a rate increase. If rates remain unchanged, the market is likely to remain quiet, especially with the US on a holiday.
Read More04 Jul 2023 – Stocks rose slightly Monday in a shortened session that kicked off the second half of what’s already been a stellar year on Wall Street.
Read More03 Jul 2023 – Supported by positive sentiment from Wall Street, the S&P/ASX 200 closed 0.59 per cent higher at 7,246.10, with the benchmark index gaining 0.3% and nine out of 11 sectors experiencing gains.
Read More03 Jul 2023 – By 2025, the export earnings from key battery and renewable commodities are expected to surpass those from thermal coal, according to the Department of Industry.
Read More03 Jul 2023 – Pilbara Minerals (ASX:PLS), an Australian lithium producer, and Calix (ASX:CXL), an Australian environmental technology company, have released an update on the development of their joint venture mid-stream demonstration plant.
Read More03 Jul 2023 – Aurora Metals has collapsed into administration, thrusting its north Queensland mines under uncertainty for the fifth time in just over a decade.
Read More03 Jul 2023 – Centuria Office REIT (ASX:COF) has completed external valuations on a significant portion of its portfolio.
Read More03 Jul 2023 – United Malt Group Limited (ASX:UMG) has entered into a scheme implementation deed with Malteries Soufflet SAS, whereby Malteries Soufflet will acquire 100% of the shares in United Malt by way of a scheme of arrangement.
Read More03 Jul 2023 – Eagers Automotive (ASX:APE) has increased its interest in the retail joint venture with electric vehicle manufacturer BYD.
Read More03 Jul 2023 – The Australian residential market is showing early signs of recovery, as building approvals and housing finance approvals have rebounded strongly.
Read More03 Jul 2023 – Oil prices remained relatively stable as the second half of the year began, as traders closely monitored factors affecting demand and the complex supply situation.
Read More03 Jul 2023 – Stocks rose Friday and technology names continued their staggering run to cap off a strong start to the year, and the best first half for the Nasdaq Composite since 1983.
Read More03 Jul 2023 – Apple has achieved a major milestone on Wall Street, becoming the first company to surpass a market value of US$3 trillion ($4.5 trillion).
Read More03 Jul 2023 – The Australian Energy Regulator has charged entities owned by AGL Energy for failing to stabilise the grid as ordered.
Read More03 Jul 2023 – In a significant development for the mining industry, a potential wave of mergers and acquisitions is looming as mining majors seek avenues for growth.
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