Welcome to the Fear and Greed Business News Afternoon Report for Wednesday, the twenty third of April twenty twenty five. I'm Sean Aylmer. Every afternoon, We've got the five stories that happened today that you need to know about. Story number one. The S and PASX two hundred finished up one point three percent today to seven nine hundred and twenty one points. The market benefitted from comments out of the US, whereby US President Donald Trump said he won't sack Federal Reserve Chair J Powell. He also sounded more conciliatory to China around Tariff's Wall. Street jumped in response, and the local market followed the lead. The energy and techtoks did best, while the gold miners were sold off. The big miners BHP four to squ Metals, Real Tinto, and US facing stocks all surged, while the Commonwealth Bank was he laggard of the large caps, losing more than two percent. Mind you, it jumped four percent yesterday. Otherwise, the major banks did well. Story number two. The International Montree Fund has released its latest forecast for the global economy. It says the pace of growth across the globe will drop to two point eight percent this year from its previous forecast of three point three percent. The downgrade in the US was from two point seven percent to one point eight percent, a much larger fall than what the IMF thinks will happen in China. In other words, the biggest loser from tariffs, according to the IMF, is the US. Story number three, Santos's flagship five point eight billion dollar Barossa gas project in the t or C has been granted its last major regulatory approval, clearing the way for the offshore field to finally begin full production within months. The Barossa project has been a target for environmental groups because of its high carbon footprint. According to the Finn Review, the Environmental Defender's Office launched a controversial and ultimately unsuccessful court action to have regulatory approvals for the development ruled void. Now, the offshore oil and gas regulator, something called the National Offshore Petroleum Safety and Environmental Management Authority, has now approved a key permit allowing Santos to attach its processing vessel and pipeline to the gas field. The final significant milestone for the project. The six subsea wells located in a field two hundred and eighty five kilometers northwest of Darwin are expected to produce gas for twenty five years. The gas will be transported through a pipeline to the Darwin LNG plant, where the condensate will be exported via tanker straight. Number four. Woodside Energy, Australia's largest oil and gas producer, reported a four percent drop in production from the March quarter to forty nine point one million barrels of oil equivalent now. That was due to bad weather at the Northwest Shelf and unplanned outages at Pluto. The fall in Australian assets were partially offset by a stronger performance at its United States based gas fields, that's the Shenzi and Atlantisk fields. They're both located off the coast of Louisiana in the South. Quarterly revenue for Woodside fell five percent from the previous quarter to about three point three billion dollars. That was driven by lower output in softer oil linked pricing. However, on a year on year basis, both production and revenue was higher. CEO Meg o' neils said a customer demand for Woodsides L and G remains robust and Finally, storying number five, a bunch of corporate stories let' see if we can get through the mall. Uranium minor Paladin and Energy was the ASX two hundred's best performer today, jumping twenty five percent and lifting other uranium stocks after its Langue Heindrich mine notched a record quarterly output result even as major rainfall effected operations. Telix Pharmaceuticals rose twelve percent after reporting a more than sixty percent jump in revenues that was driven by strong sales of its imaging agent for men with prostate cancer. Retailer Seti fell more than twenty percent after reporting week demand from US customers owing to the impact of US President Donald Trump's tariffs, and West Australian gold miner Capricorn Metal sank eleven percent after it stood down its chief executive, who's been charged with aggravated assault. That's it for the afternoon report for Wednesday, the twenty third of April twenty twenty five. Make sure you hit follow on the podcast. We will be back tomorrow more morning with the Thursday edition of Past five Desisting News by Fare and Greeb. I'm Sean Aylmer. Enjoy your evening.

Welcome to the Fear and Greed Business News Afternoon Report for Wednesday, the twenty third of April twenty twenty five. I'm Sean Aylmer. Every afternoon, We've got the five stories that happened today that you need to know about. Story number one. The S and PASX two hundred finished up one point three percent today to seven nine hundred and twenty one points. The market benefitted from comments out of the US, whereby US President Donald Trump said he won't sack Federal Reserve Chair J Powell. He also sounded more conciliatory to China around Tariff's Wall. Street jumped in response, and the local market followed the lead. The energy and techtoks did best, while the gold miners were sold off. The big miners BHP four to squ Metals, Real Tinto, and US facing stocks all surged, while the Commonwealth Bank was he laggard of the large caps, losing more than two percent. Mind you, it jumped four percent yesterday. Otherwise, the major banks did well. Story number two. The International Montree Fund has released its latest forecast for the global economy. It says the pace of growth across the globe will drop to two point eight percent this year from its previous forecast of three point three percent. The downgrade in the US was from two point seven percent to one point eight percent, a much larger fall than what the IMF thinks will happen in China. In other words, the biggest loser from tariffs, according to the IMF, is the US. Story number three, Santos's flagship five point eight billion dollar Barossa gas project in the t or C has been granted its last major regulatory approval, clearing the way for the offshore field to finally begin full production within months. The Barossa project has been a target for environmental groups because of its high carbon footprint. According to the Finn Review, the Environmental Defender's Office launched a controversial and ultimately unsuccessful court action to have regulatory approvals for the development ruled void. Now, the offshore oil and gas regulator, something called the National Offshore Petroleum Safety and Environmental Management Authority, has now approved a key permit allowing Santos to attach its processing vessel and pipeline to the gas field. The final significant milestone for the project. The six subsea wells located in a field two hundred and eighty five kilometers northwest of Darwin are expected to produce gas for twenty five years. The gas will be transported through a pipeline to the Darwin LNG plant, where the condensate will be exported via tanker straight. Number four. Woodside Energy, Australia's largest oil and gas producer, reported a four percent drop in production from the March quarter to forty nine point one million barrels of oil equivalent now. That was due to bad weather at the Northwest Shelf and unplanned outages at Pluto. The fall in Australian assets were partially offset by a stronger performance at its United States based gas fields, that's the Shenzi and Atlantisk fields. They're both located off the coast of Louisiana in the South. Quarterly revenue for Woodside fell five percent from the previous quarter to about three point three billion dollars. That was driven by lower output in softer oil linked pricing. However, on a year on year basis, both production and revenue was higher. CEO Meg o' neils said a customer demand for Woodsides L and G remains robust and Finally, storying number five, a bunch of corporate stories let' see if we can get through the mall. Uranium minor Paladin and Energy was the ASX two hundred's best performer today, jumping twenty five percent and lifting other uranium stocks after its Langue Heindrich mine notched a record quarterly output result even as major rainfall effected operations. Telix Pharmaceuticals rose twelve percent after reporting a more than sixty percent jump in revenues that was driven by strong sales of its imaging agent for men with prostate cancer. Retailer Seti fell more than twenty percent after reporting week demand from US customers owing to the impact of US President Donald Trump's tariffs, and West Australian gold miner Capricorn Metal sank eleven percent after it stood down its chief executive, who's been charged with aggravated assault. That's it for the afternoon report for Wednesday, the twenty third of April twenty twenty five. Make sure you hit follow on the podcast. We will be back tomorrow more morning with the Thursday edition of Past five Desisting News by Fare and Greeb. I'm Sean Aylmer. Enjoy your evening.