News

Trade war worries BHP

Oil prices steadied overnight on optimism US-China trade tensions will ease and hopes major economies will take stimulus measures to ward off a possible economic slowdown after falling earlier on concerns over future demand.

Gold rose overnight to firm above $US1,500, recovering from a more than 1.0 per cent slide in the previous session as US yields fell on increasing expectations for looser monetary policy to address fears of a global downturn.

The Australian share market has enjoyed strong gains for a second straight day, with every sector advancing.

Hastings Technology Metals has achieved a significant milestone, having been granted environmetnal approval for its Yangibana rare earths project.

Fremantle Dockers' president Dale Alcock said the club will look widely to find a new coach and chief executive, following the departure of Ross Lyon and Steve Rosich earlier today.

OCP, Keshik in lithium play

Oil prices gained roughly 2.0 per cent overnight after a weekend attack on a Saudi oil facility by Yemen's Houthi forces threatened crude supplies and as traders looked for signs that top economies would take measures to counteract a global slowdown.

Gold prices fell more than 1.0 per cent overnight as concerns eased that major economies could tip into recession, boosting investors' affinity for risk and detracting from bullion's safe-haven allure.

The Australian share market has rallied to recoup some of last week's stinging losses as global recession fears ease.

The Australian share market has rallied at the start of trading after a positive lead from overseas at the end of last week.

BHP to release a dividend smash hit

Oil prices rebounded from a two-day drop on Friday alongside share markets as expectations of further stimulus by central banks helped to ease recession concerns.

Gold fell on Friday as stocks and the US dollar firmed but fears of a slowing global economy and lack of clarity on the US-China trade conflict kept bullion on track for a third straight weekly gain.

The Australian share market has finished flat as gains by the big banks outweighed falls in the energy and mining sector.

The official opening of BHP's upgraded Mulla Mulla village in the Pilbara today adds a key component to the company’s strategy for attracting workers to its iron ore projects.

Woodside accuses Chevron, BHP of delaying gas deals

Oil prices fell more than 1.0 per cent overnight, extending the previous session's 3.0 per cent drop, pressured by mounting recession concerns and China's threat to impose counter-measures in retaliation for the latest US tariffs on $US300 billion of Chinese goods.

Gold prices rose overnight as lingering fears about a global economic downturn and lack of clarity on the US-China trade front kept the safe haven precious metal comfortably above the key $US1,500 per ounce mark.

The Australian share market has shed more than $63 billion in its worst day in 18 months amid a global market meltdown as investors worry a recession is near.

Lithium bust puts Bald Hill mine on edge

Oil prices shed 3.0 per cent overnight after Chinese and European economic data revived global demand fears and US crude inventories rose unexpectedly for the second week in a row.

Gold rose more than 1.0 per cent overnight as an inverted US Treasury yield curve and weak euro zone data stoked fears of a global economic recession and drove investors toward safe-haven bullion.

The Australian share market has surged in its final half-hour of trading to close in positive territory despite some major companies going ex-dividend.

AFL legend Graham 'Polly' Farmer has passed away in Fiona Stanley Hospital, following a prolonged battle with Alzheimer's disease.

Tourism Council WA has put a damper on Tourism Minister Paul Papalia's positive take on new data showing a record number of jobs in the sector, pointing out that growth in tourism jobs in WA was the lowest of any state or territory.

Edith Cowan University's Rob Newton and Curtin University's Phil Bland were named joint winners of the scientist of the year award at last night's Premier's Science Awards.

Barrick Gold puts Northern Star in the frame for Superpit sale

Oil prices overnight jumped by the most so far this year after the United States government said it would delay imposing a 10 per cent tariff on certain Chinese products, easing concerns over a global trade conflict that has pummelled markets in recent months.

Gold fell as much as 2.0 per cent in a reversal from six-year highs overnight after the United States government said it would delay tariffs on some Chinese products and on news that both sides agreed to continue trade talks.

The Australian share market has finished lower, led by losses in the health care and consumer discretionary sectors.

The Australian share market has opened lower following a negative lead from Wall Street, with the healthcare sector leading early losses.