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Markets

Oil markets to face ‘serious problems’ as demand rises: IEF

by Walter Watson
Oil markets to face ‘serious problems’ as demand rises: IEF

Oil prices are expected to increase in the second half of 2023, according to the International Energy Forum. Christopher Furlong | Getty Images News | Getty Images Oil prices are …

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Nasdaq climbs on mega caps recovery; Dow lags

by Anas Siddiqui
Nasdaq climbs on mega caps recovery; Dow lags

The tech-heavy Nasdaq and S&P 500 has risen as mega cap growth stocks recovered after sharp losses in the previous session, while the Dow took a breather after a nine-day …

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Aust shares gain, but tight jobs report to pressure RBA

by Anas Siddiqui
Aust shares gain, but tight jobs report to pressure RBA

The local share market is higher again as traders digest preliminary earnings reports and the implications of Australia’s labour market remaining red hot. At noon AEST on Thursday, the benchmark …

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Asian shares fall after US tech falters

by Anas Siddiqui
Asian shares fall after US tech falters

Asian shares fell on Friday after Tesla and Netflix weighed on US tech shares after their earnings reports, while the dollar and Treasury yields held their gains ahead of an …

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Newcrest Mining shares take a beating as Newmont Corporation shares head for biggest drop in a year

by Anas Siddiqui
Newcrest Mining shares take a beating as Newmont Corporation shares head for biggest drop in a year

Shares in Newcrest Mining sunk 4.9 per cent on Friday morning after poor earnings reported by takeover bidder Newmont Corporation left analysts wanting. Newcrest shares were trading at $26.26 each …

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Zip Co, Flight Centre among ASX winners on Thursday

by Anas Siddiqui
Zip Co, Flight Centre among ASX winners on Thursday

The Australian share market has had a lacklustre finish after a hot start to the day. The ASX200 ended Thursday with little over a single point over where it was …

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Asia markets mixed as investors weigh economic data from the region

by Walter Watson
Asia markets mixed as investors weigh economic data from the region

China keen to move into new areas of growth to spur economy: HSBC China wants to shift to new high-end growth areas like IT to spur the economy, said Herald …

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Wall St climbs as investors assess bank earnings

by Anas Siddiqui
Wall St climbs as investors assess bank earnings

Wall Street has risen as investors looked past weak second-quarter earnings from Goldman Sachs, while taking comfort from strong profits of some of the smaller players in the sector. Goldman …

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United Airlines (UAL) Q2 2023 earnings

by Franz Hernandez
United Airlines (UAL) Q2 2023 earnings

A United Airlines airplane flies in front of the Empire State Building and One Vanderbilt in New York City as it comes in for a landing at Newark Liberty Airport …

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Wall St climbs as investors assess bank earnings

by Anas Siddiqui
Wall St climbs as investors assess bank earnings

Wall Street has risen as investors looked past weak second-quarter earnings from Goldman Sachs, while taking comfort from strong profits of some of the smaller players in the sector. Goldman …

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