Ex-CEO Gaines cashes in millions from Fortescue shares
Former Fortescue Metals Group CEO Elizabeth Gaines has sold millions of dollars worth of company shares, cashing in on the mining giant's strong stock performance.
Former Fortescue Metals Group CEO Elizabeth Gaines has sold millions of dollars worth of company shares, cashing in on the mining giant's strong stock performance.
The Reserve Bank of Australia raises the cash rate to 4.35%, citing persistent inflation and government spending concerns. Economists warn of further hikes.
The Reserve Bank has raised the cash rate to 4.35%, the third consecutive hike. Homeowners with a $600,000 loan face an extra $91 monthly.
Chevron has made its first super profit payment under Australia's LNG tax, as political debate intensifies over sluggish revenue from the petroleum resource rent tax.
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RecommendedThe Australian Banking Association has criticised global tech giants Meta, Google and Apple for not paying their fair share of tax, calling for a level playing field.
Despite rising inflation and oil prices, Wall Street remains unfazed. Analysts explain why the US stock market is resilient and what investors should watch.
Global oil disruptions and a major mining royalty ruling shake markets, while ASX runners like Bison Resources and Genetic Signatures post massive gains. Inflation fears and refinery fires add to economic pressures.
Veteran market analyst Charlie Aitken forecasts BHP will surpass Commonwealth Bank in market capitalisation, driven by copper exposure and a commodity super cycle.
A South Australian company's stock soared after a podcast feature, leading to an ASX 'please explain' notice, while the broader market remained stable last week.
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RecommendedThe upcoming appointment of America's next Federal Reserve chair is under intense scrutiny, with the candidate caught between inflation control and growth pressures in a volatile economy.
This week's ASX runners include Sparc Technologies up 106%, Resolution Minerals up 76%, Jindalee Lithium up 74%, and OD6 Metals up 70%, driven by market volatility and critical minerals focus.
Futures trading volumes more than doubled in March due to Middle East conflict volatility, while share trading rose 9%. Investors face uncertainty as ceasefire deals remain fragile.
Australian stocks surged today, with the ASX200 climbing 2.8% to a four-week high, driven by investor optimism following reports of a ceasefire in Iran.
Cassius Mining, Cauldron Energy, Janus Electric, and Omega Oil & Gas lead ASX gains as global energy disruptions and domestic fuel shortages drive investor focus on energy security and alternative solutions.
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RecommendedAustralian shares climbed sharply today, buoyed by optimism over signs of a possible end to the Middle East conflict, boosting market sentiment and key sectors.
Australians are advised to stay patient amid market turmoil from Middle East tensions, with experts offering a three-point strategy to navigate financial pressures.
The Australian stock market reversed early losses after reports that US President Donald Trump might withdraw from the Iran conflict, despite ongoing Strait of Hormuz closures.
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Raymond Pecotic explains how historical data predicts stock market rebounds after geopolitical crises like the Middle East conflict, offering insights for investors.
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RecommendedFinancial expert Nick Bruining explains how falling share prices can reduce asset values, potentially allowing retirees to qualify for a part pension under Centrelink rules.
This week's ASX runners include Killi Resources up 304%, Amplia Therapeutics rising 144%, NuEnergy gaining 102%, and 4D Medical increasing 76%, driven by strategic moves and market dynamics.
Australian investors remain on the sidelines as ongoing delays in Middle East peace efforts continue to impact market sentiment and ASX performance.
Investors in the Australian share market are anxiously awaiting a swift resolution to the Middle East stand-off, with market volatility expected to persist until geopolitical tensions ease.
A major Atlassian investor argues the recent $63 billion market value loss is an overreaction, citing strong fundamentals and long-term growth potential.
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RecommendedThe Australian share market's ASX200 index experienced a significant rise, driven by optimism over potential peace developments in the Middle East, lifting investor sentiment and key sectors.
A significant stock market rally occurred just before Donald Trump postponed military strikes against Iran, raising questions about potential market influence on his decision-making.
Australian shares trimmed earlier gains as investors remained skeptical of President Trump's claims of an Iranian breakthrough, reflecting global market uncertainty.
Australian share market investors are cautiously returning after President Trump postponed further attacks on Iran, leading to a drop in oil prices and easing global tensions.
The Australian share market's ASX200 index plunged sharply as Donald Trump's threats to Iran over oil flows triggered a widespread sell-off, rattling investors.
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RecommendedIn a bearish week for markets, Immutep, Blue Star Helium, and Patagonia Lithium emerged as top ASX performers, with gains up to 53% despite broader declines driven by oil price spikes and geopolitical tensions.