Category: News

“I hadn’t used my facial muscles much during COVID so it’s good exercise,” says 20-year-old Japanese student Himawari Yoshida in a country whose government recently lifted its recommendation to wear masks and where some people have forgotten how to smile.

The US market’s rally continued overnight. The S&P 500 and Nasdaq climbed to year highs, bolstered by new data showing a slowdown in inflation, which in turn boosts hopes the Federal Reserve will leave interest rates on hold this week.

Every second week we invite a leading fund manager to present at The Insider: Meet the Fund Manager. In April 2023, we were joined by Martin Pretty, CFA, Founding Director and Investment Manager of Equitable Investors who chose Mad Paws…

Ever tried typing out a text on your phone referring to someone as ‘dear’ but ended up saying ‘dead’ instead? ‘Moist acne’ instead of ‘moustache’? ‘Duck’ instead of…? The company largely responsible for this long standing ‘duck’ up has decided to finally make amends.

The US government debt ceiling has been at the forefront of financial media for the past few weeks. Now that it has been resolved (sort of), investors are turning their attention to household debt and if there is a ceiling that will make itself apparent at some point in the near future – ideally not in a GFC styled reveal.

Alaskan gold explorer Felix Gold (ASX: FXG) is now halfway through their 40 hole, 3,500m resource definition drilling program at their flagship Treasure Creek Project. The company expects assays to start rolling in towards the end of June, with newsflow being fairly consistent from then on. Felix is targeting a Maiden Mineral Resource Estimate (MRE) for the NW Array Southern Zone in Q4 CY2023.

Clinical stage oncology company Prescient Therapeutics (ASX: PTX) presented exciting new data on their OmniCAR and CellPryme cell therapy platforms at the prestigious International Society of Cell & Gene Therapy (ISCT) in Paris earlier this month. The company is at the forefront of solving the critical challenges facing one of the world’s most exciting next-generation cancer therapies, CAR-T. OmniCAR has demonstrated a clear ability to drastically enhance CAR-T tumour killing abilities in glioblastoma and acute myeloid leukaemia.

Australian shares took a hit as interest rates rose to 4.1% yesterday, the highest cash rate since April 2012.

Every second week we invite a leading fund manager to present at The Insider: Meet the Fund Manager. In March 2023, we were joined by David McNamee, Portfolio Manager of Altor Capital’s wholesale Alpha Fund who chose Close the Loop…

The US Government’s dance with debt has taken an interlude after the US Senate passed bipartisan legislation last week to lift the government’s US$31.4 trillion debt ceiling, avoiding what could have been the first default in the history of the world’s largest economy.

Aussie gold explorer Far East Gold Ltd (ASX: FEG) has been digging up multiple instances of visible gold, reporting three separate occasions in May alone at the 24,260-hectare Woyla project in Indonesia – further enforcing the company’s belief in its highly prospective nature.

In the lead up to this week’s The Insider: Meet the Fund Manager, Jeremy Bond from Terra Capital sat down with Reach Markets to provide a bit of information about his investment strategy, industries of interest and view on the market.