Market Reports

• Australian Market Report: The Australian sharemarket advanced on Tuesday as US President Donald Trump raised hopes for an Iran deal even as a blockade of the Strait of Hormuz took effect. The S&P/ASX rose 44.8 points, or 0.5 per cent, to 8970.80.... [more]

• U.S. Market Report: Wall Street's main indexes advanced on Tuesday ​after reports of fresh efforts to ease the Middle East conflict boosted sentiment, while traders also assessed a ‌spate of corporate earnings..... [more]

• European Market Report: European stocks closed on a positive note on Tuesday amid hopes the United States and Iran will try and resolve their conflict during a fresh round of negotiations likely to take place later in the week..... [more]

• Asian Market Report: Asian stocks advanced on Tuesday on renewed hopes of U.S.-Iran talks, with reports suggesting that there could be a second round of talks to end the Middle East conflict..... [more]

Australian Business News

• A leading Australian economist has warned the “clock is ticking” on a recession as an “inflation mentality” floods the nation’s economy. AMP economist Shane Oliver predicts Australia is on the doorstep of a recession.... [more]

• Reserve Bank deputy governor Andrew Hauser says stagflation is a "central banker's nightmare" and the coming months will be challenging for Australia..... [more]

• Economic stress scares off Australian homebuyers as auction clearances fall. Houses are being pulled from auctions as vendors get cold feet amid economic uncertainty about borrowing costs.... [more]

• Five of Australia’s biggest retail brands are offering cost-of-living relief, with free membership and six months of free delivery through the OnePass program. New OnePass customers can take advantage of a six-month trial.... [more]

• Australians eating out less as fuel crisis deals biggest blow to consumer confidence since Covid.... [more]

• The Federal Government’s draft legislation on foreign resident capital gains tax risks undermining tax certainty by retrospectively reopening transactions dating back to 2006, according to major accounting group, CPA Australia..... [more]

• The final decade before retirement: 6 things to get right and 2 big mistakes to avoid. The decade before retirement is where fortunes are made or broken..... [more]

• Veteran market analyst Charlie Aitken has issued a bullish prediction the Big Australian will bump Commonwealth Bank as the nation’s largest company, driven by its heavy copper exposure..... [more]

• Golden Horse hits shallow high-grade gold at Southern Cross.... [more]

• Pioneer Minerals has achieved a permitting milestone as it advances the Springfield tungsten-gallium prospect in Idaho toward drilling amid heightened concerns about US access to military metals..... [more]

• Dalaroo Metals appears to be building a dominant position in one of the world’s most prospective critical mineral jurisdictions, after it moved to more than double its landholding in southwest Greenland..... [more]

• Viking Mines is charging ahead with fieldwork at its Linka project in Nevada, executing an aggressive surface asset evaluation ahead of a June quarter drilling blitz as global tungsten prices hit an eye-watering 90-year high..... [more]

• New Murchison Gold shares closed yesterday trading for 4.6 cents. .... [more]

• Corporate watchdog ASIC has revealed it is investigating "individuals" within steel tycoon Sanjeev Gupta's portfolio of industrial companies. Three of those have now collapsed in Australia, leaving workers in limbo..... [more]

• In a grim update, Qantas announced a 5 per cent drop in the number of domestic flights, international network changes, and fare increases due to the US/Israel and Iran conflict..... [more]

• SRJ Technologies jumps on multi-year agreement for robotic inspection services in the UAE.... [more]

• Hastings Technology Metals has locked in a cornerstone supply deal, signing a two-year offtake agreement with Enuo Holdings for the delivery of 5,000 tonnes of African monazite concentrate annually.... [more]

• Collins Foods (ASX: CKF) has identified Germany as its second strategic growth pillar, behind KFC Australia. It will acquire eight KFC restaurants in Bavaria and has lifted its rollout target for Germany. Taco Bell is no longer a distraction.... [more]

• 4DMedical Shares Pull Back To Test Support, Flash Overbought RSI Following Rally.... [more]

• Australia's richest person, Gina Rinehart, will likely find out on Wednesday whether she has fended off a legal claim to some of her highly lucrative Pilbara mines by the family of her late father's former business partner, Peter Wright..... [more]

• Bogus countdown timers and misleading pricing at Black Friday sales have raised the hackles of the consumer watchdog. A sweep of 50 Black Friday sellers found about half made concerning claims in their 2025 advertising.... [more]

• Opinion - Elizabeth Knight: Higher fares, fewer flights: Qantas goes into damage control. The airline is pulling every operational and pricing lever to blunt the hit on its profits resulting from the Iran war.... [more]

• Opinion - Simon Kuestenmacher: How to (finally) grow regional Australia again.... [more]

• Opinion - Stephen Bartholomeusz: The private credit sector is experiencing a rush of redemptions that has led to comparisons with the sub-prime mortgage crisis in 2008. Can it sink the financial system?.... [more]

World Business News

• IMF cuts growth outlook, warns world already drifting toward more adverse scenario.... [more]

• The economic game of chicken between Iran and the US is about to enter a dangerous new phase. Trump’s extraordinary blockade of the Strait of Hormuz this week shows the United States isn’t backing down just yet..... [more]

• A research firm pinpoints exactly how much more market pain would make Trump pivot on Iran. In a recent note to clients, BCA Research said it believes that the president will likely hit a "breaking point".... [more]

• U.S. eases bank sanctions amid Venezuela's economic woes.... [more]

• Fast-rising oil prices sent US businesses’ costs higher in March, lifting wholesale inflation to 4%, the highest annual rate in three years, according to Bureau of Labor Statistics data released Tuesday..... [more]

• US Treasury's Bessent says China has been unreliable partner by hoarding oil during war.... [more]

• Citigroup beats estimates, boosted by gains in fixed income.... [more]

• Wells Fargo (WFC.N), warned rising energy prices will likely affect the U.S. economy, after the bank reported first-quarter ​interest income and revenue on Tuesday that missed Wall Street expectations, sending shares down 5%..... [more]

• Jamie Dimon says Anthropic’s Mythos reveals ‘a lot more vulnerabilities’ for cyberattacks.... [more]

• Quantum computing stocks were among the market's top gainers in Tuesday's trading session after Nvidia announced a quantum-focused AI advancement..... [more]

• Amazon.com (AMZN.O), said on Tuesday it will acquire Globalstar (GSAT.O), in ​an $11.57 billion deal, bolstering its fledgling satellite business as it tries to catch up with Elon Musk's Starlink..... [more]

• UBS upgrades Ford stock rating on path to $2 EPS by 2027.... [more]

• United Airlines CEO Scott Kirby reportedly floated the idea of a potential tie-up with rival American Airlines to the Trump administration earlier this year, a suggestion that if acted upon, would create the world’s largest airline..... [more]

• Lucid shares were sinking on Tuesday after the company announced new investments and a new CEO. The electric-vehicle maker said it will be led by Silvio Napoli, the former CEO and executive chairman of the Schindler Group.... [more]

• 7-Eleven expects to close hundreds of its stores in North America this year.... [more]

• Quantum computing: A tech race Europe could win?.... [more]

• Central banks and financial regulators must quickly understand the implications of a new artificial intelligence model that could pose major cybersecurity dangers, Bank of England Governor Andrew Bailey ​said on Tuesday..... [more]

• Stagflation in EU is worst scenario, we are not yet there -Eurogroup chair.... [more]

• UK steel exports to EU at risk as bloc doubles tariffs and halves quotas.... [more]

• The energy shock from the Iran war will hit the UK the hardest of the world's advanced economies, the International Monetary Fund (IMF) has forecast. In its latest World Economic Outlook, the IMF cut its estimate for UK growth .... [more]

• South East Water chief executive to forgo his bonus over ‘unacceptable outages’.... [more]

• Ireland 's government could face a no-confidence vote Tuesday in Parliament over how it has handled a week of fuel protests that blocked access to oil supplies and a major port and caused massive traffic jams..... [more]

• Norway is lifting the ban on investments in Syrian government bonds by its $2.2 trillion ​wealth fund, in a further sign of the Middle Eastern country's re-entry into global finance after the ousting ‌of former Syrian president Bashar al-Assad..... [more]

• China’s exports grew 2.5% in March from a year ago, significantly slowing from the previous two months as uncertainties rose from the Iran war and its impact on energy prices and global demand..... [more]

• China Imposes New Rules to Block Foreign Companies From ‘Decoupling’. Multinationals in China are concerned that the regulations could allow authorities to penalize companies and executives for shifting supply chains away.... [more]

• Shanghai Gigafactory could be a ‘golden key’ to advancing Elon Musk’s hopes of commercialising the technology swiftly, Tesla China head says.... [more]

• South Korea’s National Pension Service, one of the world’s largest pension funds, is revising its rules to permit greater foreign‑exchange hedging as it seeks to ease pressure on the won..... [more]

• Opinion - Li Gu, Samuel Shen and Summer Zhen: Seeking shelter from war and stagflation? Take a look at China's bond market.... [more]