Market Reports

• Australian Market Report: The S&P/ASX 200 rose 108.60 points or 1.3 per cent to 8525.10 on Monday, partially recovering from a weak patch last week..... [more]

• U.S. Market Report: Wall Street's main indexes rose on Monday, on the back of gains from tech stocks and mega-caps such as Alphabet, as growing bets on a Federal Reserve rate cut in December fueled risk-taking..... [more]

• European Market Report: European stock traded higher on Monday, with hopes for a Federal Reserve rate cut in December and signs of progress on a Ukraine peace plan helping boost investor sentiment..... [more]

• Asian Market Report: Asian stocks ended mixed in thin trading on Monday, with Japanese markets closed for a holiday. Regional sentiment was underpinned somewhat by hopes for a Federal Reserve rate cut in December and easing Ukraine-Russia tensions..... [more]

Australian Business News

• Cotality Housing Affordability Report shows 'extraordinary rise' in home values. Housing affordability has never been worse in Australia, with it now taking more than a decade to save a standard 20 per cent deposit for a house in most.... [more]

• Australia’s brutal rental crisis is spreading with unaffordable areas moving from the cities to regional parts of the country..... [more]

• Allowing superannuation funds to suggest default retirement solutions to members justifies favourable consideration by policymakers, according to the Conexus Institute. The Institute has released a new research report.... [more]

• Morningstar’s top 11 fully franked dividend picks for the end of the year. Energy stocks hold the winning yield in Morningstar's outlook for dividend picks..... [more]

• ChartWatch ASX Scans: Bannerman Energy, Boss Energy, Beach Energy, Lovisa, Goodman Group, Qantas, Treasury Wine Estates.... [more]

• Ed Husic has demanded strong action to end “profiteering” among gas exporters and to force them to sell cheaper fuel for Australian use, as the former industry minister broke ranks with his Labor colleagues to support.... [more]

• Australian mining giant BHP has walked away from plans to merge with London-headquartered copper producer Anglo American, after a fresh takeover bid failed..... [more]

• Litchfield Minerals has pulled back the curtain on what may be one of the Northern Territory’s most promising emerging base-metals systems..... [more]

• Southern Hemisphere Mining has discovered outcropping high-grade copper at its recently discovered Ferro South prospect in central Chile. A portable XRF recorded 15 per cent copper indicating a higher-grade zone.... [more]

• Altech flags significant breakthrough as its silicon batteries impress experts.... [more]

• Why are shares in Aussie lithium producers being sold off today?.... [more]

• US mining giant Alcoa will withdraw part of its plans to expand its mining operations in the world's only jarrah forests, following community concerns around water security and environmental impacts..... [more]

• A group of investors led by Macquarie Asset Management has lobbed an $11.6 billion takeover bid for ASX-listed port logistics operator Qube Holdings. Investors sent Qube shares 19.4 per cent higher to $4.86 by Monday’s closing bell.... [more]

• Not-for-profit disability services are closing due to untenably low price caps, NDIS architect warns. Providers report a median operating loss of nearly 4% in the last financial year – with losses totalling about 12% over five years.... [more]

• DroneShield founder Oleg Vornik has finally broken his silence over $70 million of unexplained share sales by directors as the defence company conceded it may have let shareholders down..... [more]

• Chimeric Therapeutics receives $4.5 million R&D tax incentive refund.... [more]

• Megaport Shares (MP1) Reclaim A$13 Level After Recent Dip.... [more]

• Survey finds more than half of Australians experience Black Friday buyer’s remorse. Research by Choice suggests 53% of people either regretted a purchase or had a negative experience during the sales, as other experts warn.... [more]

• After a case of the baby blues, Monash IVF fields $300m takeover offer.... [more]

• Homes have been raided and property seized as part of an ongoing investigation into embattled Perth builder Nicheliving. The company has been banned from building houses for 10 years after hundreds of customers.... [more]

• Opinion - Stephen Bartholomeusz: Australian giant’s desperate bid to ruin a $92 billion deal. It was worth it for BHP chief Mike Henry to have one last throw of the dice..... [more]

• Opinion - Richard Denniss: Australia’s health system is in intensive care, and the GST flatline is to blame.... [more]

• Opinion - Mike Taylor: Shield/First Guardian – ASIC ultimately wins. Just as the Australian Securities and Investments Commission (ASIC) provided the foundational information pursued by the Banking Royal Commission so, too,.... [more]

World Business News

• Deutsche Bank sees S&P 500 rising to 8,000 by end of 2026.... [more]

• Why Crypto’s Slide Is Rattling Wall Street. Bitcoin and other digital tokens have lost more than $1 trillion in value in recent weeks, raising concerns about a wider market fallout..... [more]

• Record US Black Friday crowds to find fewer bargains amid high prices.... [more]

• Meta’s stock finds a new defender, who predicts 30% upside from here. A BNP analyst says Meta’s AI spending is necessary from a competitive standpoint — and will eventually pay off.... [more]

• Amazon to Spend $50 Billion to Expand AI Services to US Agencies.... [more]

• Alphabet closed in on a $4 trillion valuation on Monday, set to become only the fourth company to enter the exclusive club, as the Google parent rides an artificial intelligence-driven rally..... [more]

• MrBeast and the Rockefeller Foundation are teaming up to spark youth philanthropy.... [more]

• Kohl’s said Monday that Michael Bender, who has served as its interim CEO, will become its permanent chief executive as the department store tries to get back to sales growth..... [more]

• THC drinks are flying high. A new hemp law could kill the buzz..... [more]

• OpenAI Debuts ChatGPT Shopping Research Tool Ahead of the Holidays.... [more]

• US demands 'balanced' EU digital rules before it cuts steel tariffs.... [more]

• How the UK economy has fared since Reeves' first budget.... [more]

• Rachel Reeves is expected to reveal in this week’s budget that the UK’s economic growth forecasts have been downgraded in each of the next five years despite her efforts to boost output..... [more]

• Business leaders face a nervous final few days before the chancellor's second Budget, having borne the brunt of a brutal set of tax hikes this time last year. Firms are still reeling from those: the £25bn National Insurance increase.... [more]

• More than 650 workers face the prospect of redundancy after the scrap metals group Unimetals filed for compulsory liquidation. The owners of Unimetals Recycling (UK) filed a winding-up petition for the business on Monday.... [more]

• Eli Lilly hits $1 trillion market value, a first in health care, as Novo Nordisk tumbles.... [more]

• Hungary's second largest bank MBH to sell 7% stake in public offer.... [more]

• Dutch authorities to review Tesla’s FSD in February.... [more]

• Alibaba Group Holding’s logistics arm, Cainiao, has expanded its parcel delivery service to eight African countries – including Morocco, Ghana and Nigeria.... [more]

• UBS’s China Property Optimist Now Foresees an Extended Slump.... [more]

• Wingtech Technology, the Chinese owner of Nexperia, said it had received no meaningful reply after reaching out to the Dutch chipmaker’s headquarters for talks..... [more]

• Takeoff of China’s flying taxis hits turbulence.... [more]

• Indonesia's social security fund is keen to invest in firms that provide infrastructure for artificial intelligence, if it wins government approval for overseas investments,.... [more]

• India's fiscal, monetary measures to boost investment and growth, RBI report says.... [more]