Category: News

The local bourse has had a decent week, with the ASX 200 adding 0.28% since last Tuesday. The US enjoyed a bigger lift, with the S&P 500 surging 3.74% in the same period of time – largely spurred on by its economy likely having smaller rate hikes going forward.

An ASX-listed oncology company’s first-in-class cancer drug has shown encouraging clinical activity in a difficult-to-treat patient population, as per newly released results from an ongoing study.

The ASX has recognised FY22 as a record year for capital raises – with $159.4 billion invested overall – and some Aussie businesses still appear to be riding the wave of positive investor sentiment.

Around 1.5 million football fans will descend on Qatar next month for the FIFA World Cup, and in an effort to ease the inevitable transport and traffic woes, the Middle Eastern nation has turned to a small Australian company for help.

Every second week, we invite a leading fund manager to present at The Insider: Meet the Fund Manager. In May, Katana Asset Management’s Romano Sala Tenna selected Kina Securities as one of his favourite stocks, noting its sustained competitive advantage…

ASX-listed Far East Gold has been drilling down into the details of its highly prospective copper-gold Woyla project, with new data from the Phase 1 drilling program reaffirming the previously interpreted nature of the site’s Anak Perak Main Zone.

The ASX has jumped around a fair bit since last Tuesday, but it closed out yesterday’s trading session with a healthy 1.4% gain over the past week. The XTX stacked on 4.18% just yesterday, with the technology index moving with heightened volatility as investors begin to question what has been oversold and who could be a takeover target.

What if, instead of waiting a million years and spending a million dollars to mine diamonds, you could turn plastic into diamonds in the blink of an eye using lasers? Too far-fetched? Actually, that’s the world you now live in.

Artificial intelligence security company Spectur has delivered a record Q1 in FY23, with $1.657 million of revenue in sales of its solar-powered surveillance platform – a solution that MD Gerard Dyson describes as being like “the first smartphone in a world of flip-phones”.

The Federal Government has outlined a commitment to achieve 1.2 million tech jobs in Australia by 2030, and newly released data from the Australian Bureau of Statistics indicates we are headed in the right direction.

Investors have been making the same mistake over the past six months, says Lowell Resources Fund’s John Forwood, whose comments echo those made recently by Merchant’s Andrew Chapman.

Every second week we invite a leading fund manager to present at The Insider: Meet the Fund Manager. In May, Altor Capital’s Benjamin Harrison selected Pureprofile as one of his favourite stocks, noting its potential to grow its EBITDA margin…