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Top News In கொரோனாடோ உலகளாவிய வளங்கள் Today - Breaking & Trending Today

Record U.S. Coal Shipment to China Highlights Australia's Pain


Telecom shares drop in Canada on spectrum sticker shock
Futures erase gains, treasuries rise on jobs data
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JPMorgan strategist warns of dot-com era bull trap in Ark fund ....

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Weekly Ratings, Targets, Forecast Changes - 09-07-21


By Mark Woodruff
Guide:
The FNArena database tabulates the views of seven major Australian and international stock brokers: Citi, Credit Suisse, Macquarie, Morgan Stanley, Morgans, Ord Minnett and UBS.
For the purpose of broker rating correlation, Outperform and Overweight ratings are grouped as Buy, Neutral is grouped with Hold and Underperform and Underweight are grouped as Sell to provide a Buy/Hold/Sell (B/H/S) ratio.
Ratings, consensus target price and forecast earnings tables are published at the bottom of this report.
Summary
Total Upgrades: 8
Net Ratings Breakdown: Buy 53.80%; Hold 39.20%; Sell 6.99%
For the week ending Friday 9 July, there were eight upgrades and eleven downgrades to ASX-listed companies by brokers in the FNArena database. ....

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Unrelenting coal demand poses challenge to climate goals


MONEYWEB
app instead?
The dirtiest of fuels they’re racing to phase out is enjoying booming demand.
By David Stringer and Dan Murtaugh, Bloomberg
3 Jul 2021 
00:48 
Image: Andrey Rudakov/Bloomberg
Coal prices across Asia are surging to records, underscoring a challenge for governments seeking a faster energy transition: the dirtiest of fuels they’re racing to phase out is enjoying booming demand.
Power plants are rushing to secure adequate electricity supplies as a hot summer adds to demand from the region’s post-pandemic industrial revival. On top of that, output in some key producer nations has been hurt, while high natural gas costs mean there’s no cheaper alternative for utilities to turn to. ....

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