Yearly Archives - 2020
11Jun

Fed Reserve keeps rates unchanged: ASX poised to open lower

11 Jun 2020 - Following a fall from US markets overnight, the ASX looks set to open lower this morning. Yesterday it closed higher for its seventh consecutive session, despite falls for mining, bank and energy stocks. In the US the Federal Reserve left rates unchanged yesterday and indicated that they’ll likely remain near zero until at least 2022 as the economy tries to recover from the coronavirus pandemic. It sees the economy contracting 6.5% this year, before rebounding...

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10Jun

Lepidico (ASX:LPD) sustainable lithium chemical from lepidolite

10 June 2020 - Lepidico Limited (ASX:LPD) Managing Director, Joe Walsh provides an update on the company's plans to transition its Phase 1 Project to development following the recent completion of a Definitive Feasibility Study for the redevelopment of two mines in Namibia and a chemical conversion plant in Abu Dhabi that employs Lepidico’s proprietary process technologies.

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10Jun

All time highs for big tech companies: ASX poised to open lower

10 Jun 2020 - Following a fall from US markets overnight, the ASX looks set to open lower this morning. Stocks regained US$21 trillion in value from a March low. The Nasdaq hit a new record with Facebook, Apple, Amazon and Microsoft all hit new all-time highs yesterday. Oil jumped as fuel demand recovers from April’s collapse. Meridian Energy (ASX:MEZ) are pleased to see a decision has been made by the Electricity Authority on the Transmission Pricing Methodology Guidelines...

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