Category: News

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$10,000 U.S. Bill Auctioned for $480,000

In a story lifted straight from the Simpsons playbook, a US$10,000 bill issued by the U.S. Federal Reserve in 1934 has recently been auctioned for a whopping US$480,000 to a private collector.

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U.S. Government shutdown could have negative political and economic repercussions

The U.S. federal government is potentially less than a week away from a shutdown which could have far-reaching implications, from the political to the economic, with Congress still at an impasse for spending bills that fund government operations.

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Traffic Technologies moves fast on Tasmanian roll out, lands in 7 News

The Tasmanian Government’s streetlight replacement program is well underway, with more than half of their lights being replaced so far and Traffic Technologies Ltd (ASX: TTI) being at the helm of the operation. More than 1,000 lights on the road network have been swapped out so far, from old mercury vapour globes to new LED lights that use 82% less energy and have a 10-year life cycle.

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Note from MD: US debt once again an issue as investors look to gold

US national debt has hit US$33 trillion for the first time in history, and the country is once again less than two weeks away from facing a potential shutdown over a lack of funding. Congress is at a standstill over the issue, and markets are again observing the negotiations take place and assessing whether portfolio adjustments into safe havens need to be made.

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iPhone 15 Could Exceed Demand Expectations for Apple

Apple’s stocks look set to go up as customers flocked to pre-order the newly launched iPhone 15.

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Two Recent U.S. Lottery Winners Nearly Miss Out

What is it about surprise winners and near misses when it comes to the lottery?

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Australian aged care industry primed for a private equity clean-up

Like it or not, there are not many markets which are as primed for private equity in Australia as the aged care sector. However, while its reputation is mixed, the influx of private capital can have positive effects on companies and consumers, particularly if a market is struggling.

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Far East Gold extends Woyla Phase 2 drill program after outstanding results

In more good news for Far East Gold Ltd (ASX: FEG), the mining exploration company has announced it is extending the Phase 2 scout drill program at the highly prospective Woyla Copper Gold Project for an additional 2,000m.

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Gold conference brings together diverse opinions

Reach Markets recently joined ausbiz to co-host the ‘Gold Rush!’ live online event, where an expert panel discussed their thoughts on what is currently happening with the world’s most precious store of value – good old gold.

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Healthcare tech company continues to grow profitably

Every second week we invite a leading fund manager to present at The Insider: Meet the Fund Manager. In September 2023, Merewhether Capital’s Luke Winchester selected Austco Healthcare Ltd (ASX: AHC) as one of his favourite stocks, highlighting thei

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Specialist mining fundie brings unique deal structure to resources market

In the lead up to this week’s The Insider: Meet the Fund Manager, Dan Porter from PURE Asset Management sat down with Reach Markets to provide a bit of information about his investment strategy, industries of interest and view on…

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Consistent MRE upgrades put explorer on the path to production

Every second week we invite a leading fund manager to present at The Insider: Meet the Fund Manager. In August 2023, Lion Selection Group’s (ASX: LSX) Hedley Widdup selected Alto Metals Ltd (ASX: AME) as one of his favourite stocks,…

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