Daily FNArena News

FNArena is one of few remaining truly independent providers of financial markets analysis, financial commentary and business news in Australia. Our Daily Financial News is not based on ASX lodgements or corporate press releases, but more so on updated views, insights and responses from stockbrokers and other experts. FNArena is not aligned with any financial institution, hence the moniker “independent”. We have a long history of publishing out-of-consensus views and market analysis. Our quest is not to be bullish or bearish, but to correctly assess future trends.

Australia | Book Reviews | Commodities | ESG Focus | FYI | International | Small Caps | SMSFundamentals | Technicals | Treasure Chest |

Previous Stories

Seoul Soon East Asia’s Most Expensive City?

May 30 2006 - International

South Korea is experiencing its own property bubble. Andy Xie believes the end result could still be positive for the country and its economy.


China Abandons Idea Of Buying Iron Ore On Spot Market

May 30 2006 - Commodities

It would appear that this year’s negotiations for iron ore supply contracts have resulted in a victory for the three major producers. Sources say Chinese steel mills have abandoned their resistance to the proposed 19% price rise.


Chinese Steel Producers Accept 19% Price Increase For Iron Ore

May 30 2006 - Commodities

Chinese steel manufacturers are about to give up their opposition to a 19% price increase for iron ore this year, media reports on the basis of anonymous sources claim.


Seven Undervalued, Citigroup Says

May 30 2006 - Australia

According to Citigroup, Seven is the most undervalued Australian media stock.


Market Swamped By Recommendation Upgrades

May 30 2006 - Australia

In case you had any doubts about the ongoing bullish sentiment in the Australian stock market, maybe 22 recommendation upgrades versus 4 downgrades in 24 hours might convince you.


Neighbours Adding To Pressure On China To Revalue Its Currency

May 30 2006 - International

China is urged to pre-empt a new US dollar crisis by allowing its own currency to revalue more rapidly.


DBS Predicts August Rate Rise In Japan

May 30 2006 - International

July is too early, October probably a bit late. Maybe August will be the month of the first BOJ rate hike in this millennium?


Correction May Not Be Over In Asia

May 30 2006 - International

Investing in Asia has changed, because the overall environment has. Stay clear from illiquid trades and look for quality, experts say.


Call That A Correction?

May 30 2006 - Commodities

When the dust settled, the correction we had to have was pretty mild. Chances are we can return to normal programming from here.


Intersuisse Still Sees Upside in Sonic Healthcare

May 29 2006 - Australia

Intersuisse and Aspect Huntley both see upside in Sonic Healthcare, despite margin concerns.


Analyse The Market From A Different Angle