Market Reports

• Australian Market Report: The Australian sharemarket finished in the red on Tuesday, with steep falls in gold miners and some big companies outweighing solid gains by financial stocks and retailers..... [more]

• U.S. Market Report: Wall Street's three main indexes hovered near record highs on Tuesday, underpinned by shares of megacap tech stocks such as Microsoft and Apple in a week packed with earnings from U.S. heavyweights..... [more]

• European Market Report: European stocks fell from record highs on Tuesday as investors looked forward to key central bank meetings as well as a planned meeting between U.S. President Donald Trump and his Chinese counterpart Xi Jinping in South Korea.... [more]

• Asian Market Report: Asian stocks fell in cautious trading on Tuesday as investors locked in some profits after recent gains..... [more]

Australian Business News

• The Reserve Bank governor has dismissed warnings of rising unemployment and hinted at an interest rate hold, saying the labour market will not “fall off a cliff”..... [more]

• Australia’s AAA credit rating has been locked in as the Reserve Bank governor plays down a surprise jump in unemployment..... [more]

• Australians are paying more than they should on their mortgage because of high Federal Government spending, a leading economics professor says. University of New South Wales economist Richard Holden said.... [more]

• New Metrics research paper explains why real estate private credit is here to stay. A new Metrics analysis shows how regulation, population growth, and investor appetite are driving lasting change in CRE lending..... [more]

• The Australian Securities and Investments Commission (ASIC) has been taken to task for getting ahead of reality when it comes to algorithmic trading in Australian listed equities markets..... [more]

• Many investors believe commissions disappeared from Australian financial life after the Banking Royal Commissions and FOFA reforms. While they became more tightly constrained commissions still exist with some financial products..... [more]

• Can the bull market in stocks last? Plus copper sets record high as funds flood into base metals..... [more]

• Tomago Aluminium at risk of closure as energy prices continue to rise. Australia's largest aluminium smelter is consulting with employees about the future of its operations as it struggles with rising energy costs..... [more]

• Gina Rinehart’s Atlas Iron posted a net profit of $260 million for the 2025 financial year “despite major production interruptions” caused by cyclone Zelia..... [more]

• Gina Rinehart grows her shareholding in Arafura Rare Earths after tipping in $125m into $525m capital raise.... [more]

• Fluence Corporation (ASX:FLC) has won a US$12 million contract to supply an ultrapure water treatment system for a combined-cycle power plant in Saudi Arabia, with the development expected to run to 2027..... [more]

• Atlassian defends climate warrior CEO’s private jet bill.... [more]

• The Australian Federal Police have raided the Sydney offices of a tech giant following an investigation into the company’s billionaire founder. In an update to the ASX, WiseTech Global confirmed.... [more]

• Shares in major ASX-listed software and logistics company WiseTech have crashed following news its Sydney office was raided by the Australian Federal Police (AFP) and the Australian Securities and Investments Commission (ASIC)..... [more]

• Anteris raises A$38.5M to accelerate PARADIGM pivotal trial and manufacturing scale-up.... [more]

• CSL shareholders threaten board spill over executive pay.... [more]

• Domino’s executive chairman Jack Cowin has dismissed a report about a potential takeover of the Australian pizza chain by US private equity giant Bain Capital as “pure speculation”..... [more]

• Opinion - Tristan Harrison: Aiming to be a millionaire with shares? I'd buy one of these 5 ideas! These investments make wealth building easy..... [more]

• Opinion - Elizabeth Knight: Tech billionaire Richard White's nine lives are starting to run out. .... [more]

• Analysis - Alex Blair: Australia is grappling with a burgeoning poverty crisis as the cost of living crunch continues. It was once an issue that was largely removed from the middle class, but the unsettling rise in rough sleepers.... [more]

World Business News

• The Federal Reserve will almost certainly cut its key interest rate on Wednesday and could signal it expects another cut in December as the central bank seeks to bolster hiring..... [more]

• Consumers’ assessment of labor-market conditions adds to sense economy is surviving. ‘Positive surprise’ in light of negative talk surrounding jobs.... [more]

• A home is most Americans’ single largest investment. The returns are losing ground. Home prices nationally rose 1.5% in August compared with the same month last year, down from the 1.6% annual gain recorded in July.... [more]

• JPMorgan shuffles executives to lead its $1.5 trillion initiative.... [more]

• Apple is now worth $4,000,000,000,000.... [more]

• Apple suppliers Skyworks Solutions and Qorvo will merge in a cash-and-stock deal to create a radio chip company with an enterprise value of $22 billion. Qorvo shareholders will receive.... [more]

• OpenAI Restructures to Become a More Traditional For-Profit Company. The artificial intelligence company said that the nonprofit that controlled the organization would receive a $130 billion stake in the new company..... [more]

• Elon Musk launched Grokipedia – his version of Wikipedia – on Monday, as the richest man in the world further seeks to create an alternative information and media ecosystem molded to his views..... [more]

• Elon Musk’s politics cost his firm Tesla more than one million EV sales, report reveals.... [more]

• Healthcare giant Medline files to return to public markets via Nasdaq listing.... [more]

• Amazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence while cutting costs elsewhere..... [more]

• Microsoft, OpenAI reach deal removing fundraising constraints for ChatGPT maker.... [more]

• UnitedHealth has returned to better-than-expected growth after starting the year swamped by medical costs and then withdrawing its forecast for 2025..... [more]

• Uber Eyes Fleet of 100,000 Nvidia-Based Robotaxis Beginning 2027.... [more]

• How hard will Trump’s ‘tremendous’ Russian oil sanctions hit Moscow? China and India may decide.... [more]

• Mining and transportation conglomerate Grupo Mexico (GMEXICOB.MX), reported third-quarter net profit rose more than 50%, boosted by higher sales volumes of molybdenum, silver and zinc even as copper production fell..... [more]

• Reeves could face £20bn Budget hole as UK productivity downgraded. The government is facing a bigger-than-expected hole in the public finances as it prepares for next month's Budget..... [more]

• Thyssenkrupp steel boss to leave, sources say.... [more]

• Ministers have agreed to give bankrupt Woking council an “unprecedented” £500m taxpayer bailout under government plans to merge a dozen local authorities in Surrey..... [more]

• BNP Paribas open to partnership with UniCredit on asset management products, CEO says.... [more]

• Bank of China Q3 profit rises 5.09% from year earlier.... [more]

• Pony.ai and WeRide, two of China’s leading autonomous driving companies, have filed prospectuses for initial public offerings (IPOs) in Hong Kong, marking a milestone for the nation’s driverless technology sector.... [more]

• US, South Korea to Sign Deal Boosting AI, Quantum Cooperation.... [more]

• Saudi Arabia's Public Investment Fund (PIF) and Aramco (2222.SE), said on Tuesday that they signed a non-binding term sheet for the oil giant to acquire a minority stake in HUMAIN, an artificial intelligence company.... [more]

• India's Adani Total Gas reports lower profit as pricey imports lift costs.... [more]