Market Reports

• Australian Market Report: The Australian sharemarket closed slightly higher on Wednesday, the S&P/ASX 200 rose 15.5 points, or 0.2 per cent, to 8595.20.... [more]

• U.S. Market Report: Wall Street's benchmark S&P 500 edged higher in choppy trading on Wednesday, as a set of economic data bolstered expectations for an interest rate cut by the Federal Reserve, while a slide in Microsoft's shares kept a lid on gains..... [more]

• European Market Report: European stocks inched higher in cautious trade on Wednesday ahead of the release of Eurozone Services PMI data and a speech by European Central Bank President Christine Lagarde..... [more]

• Asian Market Report: Asian stocks ended mixed on Wednesday as a cryptocurrency rebound lost steam and focus shifted to key U.S. economic data and upcoming central bank decisions..... [more]

Australian Business News

• Reserve Bank of Australia Governor Michele Bullock has conceded bigger Budget deficits lead to higher interest rates. In her last appearance this year before a parliamentary committee,.... [more]

• Australian's economy grew by 0.4 per cent in the September quarter, following growth of 0.7 per cent in the June quarter. It means the economy is now growing at an annual rate of 2.1%, up from 2% in the middle of the year..... [more]

• ASX 200 Outlook: Will stocks enjoy a Santa Claus Rally this year? The data says yes. Santa may still come for the ASX – but January could be the Grinch. This data reveals a seasonal twist investors can’t afford to ignore..... [more]

• 4 new ASX names enter Morgan Stanley’s Leading Ideas Portfolio. Morgan Stanley Wealth Management refreshes its Leading Ideas Portfolio.... [more]

• Most Australians remain unsure about their retirement prospects despite a modest lift in confidence over the past year, according to new findings from MFS Investment Management..... [more]

• The Australian Prudential Regulation Authority (APRA) has stated that if superannuation platforms had implemented investment holding limits with respect to Shield and First Guardian then member losses would likely have been less..... [more]

• Global price outlook warns of 2026 falls as energy, metals, food markets face tariffs, weak demand.... [more]

• Perseus Mining (ASX:PRU) is going after the remaining shares in Predictive Discovery (ASX:PDI), today lodging a “superior” acquisition offer that would see it consolidate ownership of the West African gold developer..... [more]

• Australia's oil refineries will need government support to avoid a reliance on fuel imports.... [more]

• Aureka Limited has revealed a fresh set of bonanza-grade assays from a diamond drill program at its flagship Irvine gold project in Victoria’s Stawell corridor..... [more]

• Gina Rinehart’s company has claimed helicopter pads are a necessity of modern business as it fights to install one at its new headquarters in West Perth..... [more]

• Megaport Shares Continue To Slide After Strong Year – What Happened?.... [more]

• LTR Pharma gains ethics approval for ED nasal spray phase II study, targets patient recruitment in early 2026.... [more]

• Australia too small to penalise airlines with fines, says minister.... [more]

• A telecommunication firm has been slapped with the maximum fine possible for lax security that allowed scammers to con customers. Southern Phone Company Ltd has paid a $2,500,560 penalty for breaching anti-scam laws.... [more]

• Australian teenagers will wake to a new digital reality on Thursday when Meta begins systematically locking them out of Facebook and Instagram, marking the first wave of enforcement for the nation’s unprecedented social media ban..... [more]

• Opinion - Elizabeth Knight: Trump’s latest thought bubble: Mimic our superannuation system. Paul Keating, the father of Australia’s retirement savings system, can take a bow – Donald Trump is a fan..... [more]

• Comment - Leigh Gant: Bitcoin price volatility is back. Should ASX investors pay attention? Bitcoin's wild week is a reminder of how quickly digital asset markets can reverse..... [more]

World Business News

• The crypto bear market has sparked a flurry of bearish takes on what's next for the market, but hedge fund boss and retail trader hero Eric Jackson sees the sell-off as an entry point..... [more]

• A first look at November hiring shows the private sector lost 32,000 jobs.... [more]

• JPMorgan is the most excited about these 3 areas of the stock market heading into 2026.... [more]

• Costco is joining other companies that aren’t waiting to see whether the Supreme Court strikes down President Donald Trump’s most sweeping import taxes. They’re going to court to demand refunds on the tariffs they’ve paid..... [more]

• New fuel economy rules will save Americans up to $109 billion, White House says.... [more]

• Nvidia servers speed up AI models from China's Moonshoot AI and others tenfold.... [more]

• Macy’s pleasantly surprises Wall Street again, by reporting sales growth and a profit. The full-year earnings outlook was raised, but that includes guidance for the current quarter that was below expectations.... [more]

• Bank of New York Mellon stock hits all-time high of 113.74 USD.... [more]

• Constellation Brands, the US owner of Modelo Especial and Corona, bet big on Latino customers for growth. But that strategy is unraveling under the Trump administration’s mass deportation push..... [more]

• Boeing must divest Spirit AeroSystems assets to proceed with merger, says US FTC.... [more]

• Delta Air Lines said the government shutdown that ended last month cost it approximately $200 million in pretax profit as bookings softened during the longest such impasse in U.S. history..... [more]

• G.M. Will Still Make Efficient Motors Despite Weaker Rules, C.E.O. Says. But the chief executive, Mary Barra, added that the jury was still out on whether electric vehicles would become a major seller in the United States..... [more]

• Fiserv execs bet $1.5 million on a turnaround, and the stock pops. Two executives just bought stock in the S&P 500’s weakest performer of the year.... [more]

• WLF to launch real-world asset products in January, co-founder says.... [more]

• Sports merchandiser Fanatics announced Wednesday it’s launching Fanatics Markets, its own prediction market, in 24 states this week, including California, Texas, Florida and Washington..... [more]

• Larry Summers receives lifetime ban from prestigious economic association over Epstein ties.... [more]

• Central Europe's main currencies may be close to a ceiling after hitting fresh multi-month highs in the past month, a Reuters poll of economic analysts showed on Wednesday..... [more]

• Europe strikes a deal to phase out Russian natural gas imports by late 2027.... [more]

• EU looks at legally forcing industries to reduce purchases from China. Commission unveils €3bn strategy to de-risk and diversify supply chains for critical rare earth metals and elements.... [more]

• Adverts for Nike, Superdry and Lacoste have been banned for making misleading claims about their green credentials. The UK's advertising watchdog challenged the brands over the use of the word "sustainable".... [more]

• Thames Water faces collapse as crisis talks take ‘longer than expected’. Debt-ridden utility company warns of ‘material uncertainty’ despite seeing profits rise to more than £400m.... [more]

• Macron to Press Xi on Protecting French Dairy Exports to China.... [more]

• Defying a warning from the government, farmers in northern Greece blocked traffic at border crossings on Wednesday in an escalating protest over delayed European Union -backed subsidy payments linked to a corruption scandal..... [more]

• Spain keen to keep ECB board seat once De Guindos leaves, economy minister says.... [more]

• LVMH denies misappropriating Hermes shares amid Puech allegations.... [more]

• Major Chinese banks cut high-yield deposit products to ease margin pressure.... [more]

• Shanghai launches clampdown on property market doom-mongering, targeting RedNote, Bilibili. City’s internet regulators shut down 70,000 accounts in a ‘special campaign’ against pessimistic content as real estate jitters continue.... [more]

• TikTok to Invest More Than $37 Billion in Brazil Data Center.... [more]

• Vietnam’s 8% growth making a mockery of Trump’s tariffs. Vietnamese exports and economy are booming despite 20% US levy, marking Hanoi’s second trade war win versus Trump.... [more]

• How Japan’s new prime minister is jolting markets.... [more]

• Veteran banker Uday Kotak on Wednesday said the rupee’s fall past the 90-per-dollar mark reflects persistent selling by foreign portfolio investors (FPIs) and private equity funds routing money through the FDI channel,.... [more]

• Indian airports face major disruptions as IndiGo grapples with pilot shortages, sources say.... [more]