How the TSX reacts to Canada's interest rate cuts will provide clues for the ASX

Interest rate cuts are finally here – but it didn't come from the US Federal Reserve, and nor did it come from the European Central Bank.

Daily Market ASX Update: All sectors shine in gain terrain | 6 June, 2024

It’s a green day all round on the market leading into mid-session trades with the ASX200 up around three quarters of a per cent.All sectors are in the green. Industrials has gained the most so far, up 1.1%, financials and health care follow, both up over 0.9%.SkyCity Entertainment...

AUKing expects spat over Tanzanian licences to be resolved soon

AuKing Mining is expecting a decision over the status of its two paid up Prospecting Licences in central Tanzania, by the end of June.

European Lithium scores US$15M deal with BMW for battery-grade lithium hydroxide

European Lithium Ltd has announced that BMW has paid US$15 million for offtake of battery-grade lithium hydroxide from its Wolfsberg project.

Multiple contract awards puts the wind in SRG's sales

SRG Global’ (ASX: SRG) has been awarded multiple contracts with existing clients in the renewable energy, resources and energy sectors across Australia.The mining engineering company said the value of the new works is $125m, which includes a six-year term contract for asset integr...

Telix kicks off $300M NASDAQ IPO offer, backed by Morgan Stanley

Morgan Stanley and Jefferies are among the managers overseeing Telix Pharma's (ASX:TLX) freshly commenced US IPO process.

SkyCity profits plummet on casino conundrums

SkyCity has suspended dividend payments after updating guidance for FY24 and now expects profits to slump between $10 million and $25 million.

Market Open: Australian stocks follow US counterparts up on tech rally and Fed rate cut hint

The Australian market is set to open higher on Thursday, following the US bourses up following a tech rally and suggestions of a Fed rate cut.

Daily ASX Market Close: Market ahead on low GDP lift | June 5, 2024

The ASX200 closed up 0.4% – thanks to a very small rise in Australia’s latest Gross Domestic Product data. The Telecommunications sector led, gaining around 2%. Materials shed more than 1.1%