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MarketsWall Street bounces back in broad rally

US stocks have closed higher as investors cheered signs that inflation may be peaking.

Stephen Culp

Climbing higherPremiumGalileo on a gallop again with rhodium find

The discovery of a highly rare and valuable metal has sent shares in Galileo Mining surging again, representing another windfall for the company’s founder and billionaire WA prospector Mark Creasy.

Stuart McKinnon

Volatile coinsCommentsPremiumBitcoin’s crypto dominance strongest since bull market highs

Bitcoin is regaining its dominance of the cryptocurrency universe. It now accounts for 44 per cent of total crypto market value, the most since October, just before the latest bull market peaked.

Earnings dipPremiumFewer raisings has Euroz Hartleys on smaller profit

WA’s biggest stockbroker and corporate adviser says that with six weeks of the year to go, the total value of its raisings was off 40 per cent

Sean Smith

MARKETSASX rallies to cap volatile week

The Australian sharemarket followed Wall Street higher to finish the week higher.

Alex Druce

Disappointing resultFinder Energy tumbles on duster at Kanga-1

Finder Energy boss Damon Neaves has played down the disappointment of a dry well at its Kanga-1  offshore prospect, saying the recently-listed company remains highly leveraged to drilling success.

Stuart McKinnon

MarketsPremiumAsia shares join global rebound

Strong results from regional tech firms and US retailers, along with positive readings of US Fed minutes, have led Asian shares to extend overnight global gains

Stella Qiu and Kevin Buckland

MarketsPremiumASX up 0.9pct at noon as miners gain

Nine of the 11 official sectors of the local share market were up at midday, but the ASX200 has again hit resistance as it tries to break 7,200.

Derek Rose

Caught outPremiumTelstra pays out $11m over comp bungle

Telstra says internal system errors led to delayed compensation payments of more than $11 million owed to more than 67,000 customers.

Alex Mitchell

MarketsWall St gains on upbeat retail guidance

US stocks have closed higher as investors digested data confirming the country's economy contracted in the first quarter.

Stephen Culp

Ringing endorsementPremiumOklo nods to big premium offer from B2 Gold

Oklo Resources has agreed to a $90 million cash and scrip takeover offer from Canada’s B2Gold, representing a 127 per cent premium to the Mali-focused gold play’s last traded price.

Stuart McKinnon

On a tearCommentsPremiumCallisto hits stoke raging fire under Creasy’s Galileo

Shares in Galileo have hit new record highs off the back of new drill results that show significant zones of mineralisation at its Callisto palladium-platinum-copper-nickel discovery.

Daniel Newell

MARKETSPremiumASX retreats as supermarkets wobble

The Australian sharemarket more than surrendered its gains from the previous session as a host of blue-chip firms slipped into the red.

Alex Druce

Tepid receptionPremiumTG Metals makes soft debut on the ASX

Nickel, lithium and gold explorer TG Metals has had a soft debut on the ASX after raising $6 million in an initial public offering.

Stuart McKinnon

Support appealCommentsPremiumAMEC weighs into potash royalty fight

A national mining lobby group says the successful development of a new potash industry in WA is being put at risk by the State Government’s intransigent stance on royalties.

Stuart McKinnon

New playerBuy now, pay later entrant’s trump card

The hyper-competitive buy now, pay later sector has a brand new player – a name that many will be familiar with.

Alex Druce

Full pocketsPremiumBHP shareholders set for oil and gas windfall

BHP has offloaded its oil and gas arm to Woodside Energy for nearly $30 billion in Woodside shares.

Sean Smith

Tech bidPremiumBattered Appen mulls $1.2b takeover offer

A Sydney tech company whose shares are 85 per cent off its 2020 highs has received a takeover offer from a Canadian firm.

Derek Rose

MarketsPremiumWorld shares mixed on growth worries

Pan-European STOXX 600 equity benchmark rises0.2 per cent; MSCI's broadest index of Asia-Pacific shares outside Japan falls 0.3 per cent.

Danilo Masoni and Andrew Galbraith

MarketsASX falls as supermarkets, miners drag

The local share market has closed down 0.7 per cent with every sector losing ground except for technology, boosted by Appen's $1.2bn takeover offer.

Derek Rose

Cost pressuresQantas cuts capacity, flags fares hike as fuel prices surge

Qantas says it will be forced to trim capacity and has flagged fare hikes amid surging demand for post-COVID bookings as the airline fights to keep a lid on rising fuel prices.

Daniel Newell and Geoffrey Thomas

ELECTRICITYPremiumWhat your power bill will look like now

Households across the nation can expect power prices to surge from July, although the residents of one state will receive a welcome discount.

Alex Druce

MarketsWall St rallies as Fed meets expectations

Minutes from the US Federal Reserve's latest meeting showed policymakers feel the economy is strong as they move to rein in inflation, leading Wall St higher.

Stephen Culp

Up and upPremiumPilbara achieves another record lithium price at auction

Pilbara Minerals has achieved another record price for a cargo of its lithium concentrate in an auction, confirming managing director Ken Brinsden’s declaration last month that prices would go higher.

Stuart McKinnon