ASX: The ASX is poised to start the week lower after as materials and healthcare sectors dragged on the market.
The benchmark S&P/ASX200 index closed down 166.6 points, or 2.27 per cent, to 7175.8 points on Friday. The All Ordinaries index closed lower by 178.8 points, or 2.33 per cent, to 7490.1 points.
Wall Street: US indexes on Friday after Netflix released a dismal earnings report.
The Dow Jones Industrial Average fell 450.02 points, or 1.3 per cent, to 34,265.37, the S&P 500 lost 84.79 points, or 1.89 per cent, to 4,397.94 and the Nasdaq Composite dropped 385.10 points, or 2.72 per cent, to 13,768.92.
State of the states: Which Australian state or territory has the strongest economy? The and found it. Hint: it’s not NSW or Victoria.
Cash rate: The Australian Bureau of Statistics will release new inflation figures this week, and they could lead to an interest rate hike, according to some economists. .
Climate risk: Nearly three in four business executives believe the world is at a tipping point for fighting climate change, according to a new survey. And two thirds expect global warming will have a high impact on their company. Here’s .
Scam warning: Have you received a strange email in your inbox telling you you have ‘pending’ messages. Yeah, it’s probably a scam. .
Bill Gates: There are signs the Omicron wave could be past its peak, but according to Bill Gates, there’s no time for complacency. He has a about future pandemics.
Crypto stars: Cryptocurrency has gone from unknown to a common investment in the space of a few years, and part of that recent boom has been due to celebrities. Here are that have got in on the crypto action.
Airbnb’s prediction: How does the future look, according to Airbnb? It’s simple: more flexibility. In particular, people are booking longer holidays and working from wherever they’re staying. .
Tombola Gold Ltd (ASX:TBA) is pleased to announce positive results from the first two drill holes of a four-hole drilling program at the Mt Scheelite Target, within the highly prospective Golden Mile Complex in Cloncurry, Queensland.
Central Petroleum Limited (ASX:CTP) (FRA:C9J) (OTCMKTS:CNPTF) announces that joint venture approvals have been provided for Santos as operator to carry out certain key activities related to the planned drilling of three sub-salt exploration wells in 2023.
Nova Minerals Limited (ASX:NVA) (FRA:QM3) (OTCMKTS:NVAAF) is excited to announce the recommencement of drilling at the Company's Estelle Gold Trend, located in the prolific Tintina gold belt in Alaska.
Crowd Media Holdings Limited (ASX:CM8) (FRA:CM3) is pleased to announce the execution of two separate commercial agreements for its artificial intelligence Talking Head platform to be integrated into the media search sector and NFT marketplace.
Nanollose Limited (ASX:NC6) (FRA:N0L) is pleased to advise that it has entered into a Collaboration Agreement with Paradise Textiles Limited, a technology first, material science and innovation business, working to reinvent the fabric of fashion.
Wall Street has rallied to end higher, capping a week of wild market gyrations as relief at signs of peaking inflation vied with fears that policy tightening by the Federal Reserve could tilt the economy into recession.Gains were led by a rebound in megacap tech and tech-adjacent stocks, which sold off in recent sessions amid climbing benchmark Treasury yields and the possibility of the Fed hiking interest rates more aggressively than previously anticipated.
Australia Sunny Glass Group Ltd (NSX:AG1) is one of Australia's leading manufacturers and suppliers of specialist architectural glass products to the commercial and residential building industry, predominantly in the east coast markets of New South Wales and Victoria.
Central Petroleum Limited (ASX:CTP) (FRA:C9J) (OTCMKTS:CNPTF) advises that on 16 May 2022, the Palm Valley 12 (PV12) well in OL3, Southwest of Alice Springs in the Northern Territory, had reached a depth of 1,687m at 0600 hrs ACST in the Lower Stairway Formation.