Category: News

Australian investors finally had time to breathe after the RBA took their first monthly break since beginning one of the fastest rate hiking cycles in history. It’s been a good opportunity to digest the economic data coming out of the US and observe how the market is reacting.

After a relatively flat day, markets eased lower after the RBA’s final rate hike of the year yesterday afternoon. Led by weaker US markets overnight, which were down by around 2%, the ASX 200 wiped out Monday’s gains of around 0.3%.

Every second week we invite a leading fund manager to present at The Insider: Meet the Fund Manager. In July 2022, Armytage Private Limited’s Founder and Executive Chairman selected ARB Corporation as one of his three favourite stocks, labelling the…

Far East Gold (ASX: FEG) has made a major greenfield discovery at their flagship Woyla project, with bonanza gold and silver grades being received in the first round of assays, reaching up to 78g/t Au and 631g/t Ag.

Surveillance and security company Spectur Limited (ASX: SP3) has entered a binding agreement to acquire 100% of 3 Crowns Technologies (3CT) – a transaction the former believes will provide strategic benefits, additional revenue and positive EBITDA.

As a tier-1 globally significant rare earths and mineral sands project, VHM has begun life as a listed company.

‘We don’t speak January’ was the mantra chosen by premium fitness chain Equinox in an attempt to stand out from the onslaught of new year marketing campaigns enthusiastically vying for the attention of potential customers.

Health and wellness brand and product company Wellnex Life Limited (ASX: WNX) announced its results for the first half of FY23, reaffirming its $29 million revenue guidance for the full financial year.

It was revealed that a major lithium refiner, Yongxing Material, was forced to suspend operations at its lepidolite refinery, as the water quality of Jinjiang River was found to be abnormal during daily monitoring. The refiner is closed pending a water pollution investigation.

After a relatively flat day, markets eased lower after the RBA’s final rate hike of the year yesterday afternoon. Led by weaker US markets overnight, which were down by around 2%, the ASX 200 wiped out Monday’s gains of around 0.3%.

The Reserve Bank of Australia has made the decision to raise the cash rate by 25 basis points, which is in line with expectations.

In 2021, possibly spurred by heightened awareness caused by COVID’s onset, Australia’s health and wellness market became the third-largest market for health and wellness, behind the US and China.