Market Reports

• Australian Market Report: The Australian sharemarket has enjoyed its best day in three weeks. The benchmark S&P/ASX200 index on Friday rose 119.9 points, or 1.37%, to 8844.4, while the broader All Ordinaries grew by 117.4 points, or 1.31%, to 9048.3..... [more]

• U.S. Market Report: The Dow rose more than ​1% to a record closing high on Thursday ahead of the long holiday weekend. While another sharp drop in chipmaker stocks weighed on the Nasdaq. The S&P 500 ended flat on the day..... [more]

• European Market Report: After struggling for direction till around noon, European stocks moved higher and closed on a firm note on Friday on easing concerns about Middle East tensions and hopes that the Federal Reserve will not tighten its monetary policy.... [more]

• Asian Market Report: Asian stocks advanced on Friday despite an overnight fall in U.S. technology stocks. Regional sentiment was underpinned by easing geopolitical risks and fading expectations for a Federal Reserve rate hike..... [more]

Australian Business News

• Australia is tipped to get a massive revenue boost over the next 12-months thanks to the war in the Middle East, but the government is being urged to save the windfall..... [more]

• The financial advice and accounting sectors have been unanimous in their condemnation of the latest rise in the levy estimate for the Compensation Scheme of Last Resort (CSLR) with all stakeholders urging a significant redesign..... [more]

• Australia’s property market is transforming – and first home buyers aren’t biting. Data shows buyers are not rushing to get into the market, despite lower prices and less competition.... [more]

• What a fall in house prices would mean for Australians. After decades of growth Australian house prices are slowing. Here’s what a fall could look like..... [more]

• 3 ways to play the mining boom that is just getting started. Hedley Widdup from Lion Selection Group explains why the mining cycle may still be in its early stages and where he’s finding opportunities..... [more]

• Renewables company ZEN Energy enters administration, citing 'wholesale volatility'.... [more]

• GreenTech Metals (ASX:GRE) is on target to commence drilling programs at the Munni Munni and Whundo projects in the West Pilbara region of Western Australia this month..... [more]

• Krakatoa kicks off Zopkhito field season in Georgia.... [more]

• Flynn Gold’s maiden drilling of the Silver King trend within its Henty project in western Tasmania has confirmed the presence of an extensive silver system under historical workings..... [more]

• CSL Shares Up 27% on Month As Relief Rally Meets Resistance.... [more]

• Uber goes back to the future with plans to start accepting cash in Australia.... [more]

• TPG Capital decided to retain Joel Thickins in his multimillion-dollar role as partner and co-head of Asia as he negotiates a deal with supermarket giant Coles that could make the global private equity group billions..... [more]

• Down 70%, is now the time to finally buy WiseTech shares? Weak sentiment can be uncomfortable, but it can also create a better starting point for patient investors..... [more]

• Are Atlas Arteria Shares Overvalued? .... [more]

• A safety net fund for victims of misconduct in the finance sector is facing a $170m shortfall after the recent collapse of several major firms. It is the latest blow.... [more]

• Opinion - Kishor Napier-Raman: Former Seven producer claims bid to force Lehrmann judge to testify is ‘plainly logical’. One-time Seven producer Taylor Auerbach is refusing to give up on his quixotic quest.... [more]

• Opinion - Barry FitzGerald: Oversold goldies present serious value in WA Goldfields.... [more]

• Comment - Mark LaMonica: How to survive the worst year to retire. Retirees who stopped working in 1968 faced a brutal combination of bear markets, soaring inflation and poor returns. I tested the 4% rule,.... [more]

World Business News

• Gold prices on track for positive week after soft jobs data cools rate hike bets.... [more]

• Trump’s Freedom 250 draws corporate sponsors with business before his administration.... [more]

• Democrats plot subpoena storm over Trump's $2 billion gold rush.... [more]

• Michael Burry makes a bearish bet against hot memory stock Micron. ‘Big Short’ investor has been wagering against AI trades for months.... [more]

• Ford Motor regularly promotes itself as a cornerstone of American manufacturing, business and truck leadership with its best-selling F-Series pickups, but it also has led the U.S. in one area that it isn’t so proud of.... [more]

• Microsoft Disclosure Provides Rare Glimpse of Tax Haven Tactics. Other U.S. companies will soon need to provide similar reports as a new European directive takes effect..... [more]

• Meta's Zuckerberg says AI agent tech progressing slower than expected.... [more]

• Meta is making significant progress in the AI model race, its superintelligence chief Alexandr Wang told employees today. In an internal town hall, Wang said that Meta's upcoming AI model — which is codenamed Watermelon.... [more]

• While many Americans may be indulging in a tipsy July 4 weekend, the nation’s largest booze makers are increasingly bragging about momentum in drinks that don’t contain any alcohol. Constellation Brands STZ +0.43% became.... [more]

• Summer bookings at Britain’s hotels and holiday parks have jumped, compared with last year, as fears about flight cancellations and long delays at EU borders have prompted many UK holidaymakers to stay closer to home this year..... [more]

• Europe's top court has ruled Google must pay a €4.1bn (£3.5bn) fine handed down for using its Android mobile operating system to block rivals..... [more]

• Primark owner Associated British Foods (ABF) has said it expects a drop in profits this year and warned that pressure from gas prices will hit its sugar arm next year..... [more]

• Starling Bank to cut 130 jobs and boost investment in AI to reduce costs. The London-based fintech says restructuring is necessary to reduce ‘duplicate’ roles.... [more]

• Supreme has shrugged off the impact of last year’s disposable vaping ban and said it was “well prepared” for further upcoming changes that will see the UK’s first vaping duty..... [more]

• Venice mayor proposes dynamic pricing for day-trippers with 50-euro ceiling.... [more]

• Poland's new vehicle market posted its strongest June of the 21st ​century, with registrations of passenger cars ‌and vans rising year-on-year and extending the market's growth trend, the Samar Institute said on Friday..... [more]

• Iran exploring oil sales to Japan, buyers seek longer sanctions waiver, sources say.... [more]

• China’s home prices continued to fall in the first half of 2026 as buyers held back, betting that values would drop farther. With sales volumes and prices both in decline, analysts see little sign of a near-term recovery..... [more]

• China’s BYD surpasses Tesla to regain lead in global EV race.... [more]

• Scarred by ‘97 Crash, Korea Nervously Opens 24-Hour Won Trading.... [more]

• Indonesians are trying to stop a major German cement producer from building a mine and factory under a unique supply chain law that adds to a growing number of cases legal experts say may influence European businesses in Asia..... [more]

• Comment - John Towfighi: The Japanese yen is at a 40-year low. Here’s why that matters. The Japanese yen has dropped to a 40-year low against the US dollar, putting investors on watch for potential government intervention.... [more]

• Opinion - Ambrose Evans-Pritchard: The world’s financial system has been upended. While politicians across Europe have been fighting a culture war over air-conditioners and the causes of the deadly heat shock.... [more]