Market Reports

• Australian Market Report: The Australian sharemarket fell on Monday after another poor showing by the bourse’s tech stocks and investors got the jitters. The S&P/ASX 200 fell 34.60 points, or 0.4%, to 8926 on Monday. .... [more]

• U.S. Market Report: Wall Street's main indexes were mixed on Monday, as investors weighed the fallout from the failed U.S.-Iran ​talks against the lure of buying the dip..... [more]

• European Market Report: European stocks fell on Monday as growth worries resurfaced again after oil prices rose sharply following the U.S. beginning to block ships from entering or exiting the Strait of Hormuz.... [more]

• Asian Market Report: Asian stocks fell on Monday after weekend negotiations between the United States and Iran aimed at ending six weeks of war concluded without an agreement..... [more]

Australian Business News

• Anthony Albanese has given the strongest indication yet Labor could seek to scrap a major investor tax break, as One Nation sets its sights on housing inequality..... [more]

• House prices in two major cities are set to balloon this year, as cash rate hikes also eat away at people’s mortage borrowing power. Median house prices in Perth and Brisbane are set to climb by more than $50,000 by the end.... [more]

• New consumer research has pointed to a significant mindset shift in Australians’ approach to superannuation with higher levels of engagement and more of a “hands-on” attitude,.... [more]

• March superannuation performance data analysis has confirmed the degree to which the conflict in the Middle East hit member balances with the median balanced option declining by 3.2%..... [more]

• As fuel costs soar, more consumers are choosing to buy now and pay later – and the biggest spenders may come as a surprise. More Australians than ever are choosing buy now, pay later financial schemes, with families .... [more]

• ASX 200 stocks hitting fresh 52-week highs and lows – Week 16.... [more]

• 9 key longer term consequences of the US/Israeli war with Iran. A fragile ceasefire hides rising inflation, weaker growth and lasting geopolitical shifts set to reshape markets and returns..... [more]

• The bosses of resources giants including Santos, Woodside, Chevron and Shell could be compelled to face an inquiry into export tax settings, as the Greens ramp up pressure on Labor ahead of the budget..... [more]

• Australia's LNG export window is closing, new report suggests.... [more]

• Southern Hemisphere Mining and its joint venture (JV) partner FMR Resources are zeroing in on the core of a large copper-gold-molybdenum system at Llahuin in Chile, with fresh assays.... [more]

• Axel REE selects Woolrich for first rare earths in situ recovery test.... [more]

• Infinity Mining looks to have stumbled onto something potentially big in Western Australia’s East Pilbara, after identifying two monster mineralised trends at its Hillside project..... [more]

• Dreadnought Resources hits further high-grade critical metals at Stinger.... [more]

• Dalaroo Metals has opened a new US trading opportunity line after securing a secondary quotation on the OTCQB market under the ticker DALMF. OTCQB is short for “over-the-counter QB”.... [more]

• Super Retail Group Shares Hit New Low, After Year of Two Halves.... [more]

• Telix share price leaping higher today on $3 billion US news.... [more]

• Monash IVF Group Ltd (ASX:MVF) is assessing a revised takeover proposal from a consortium backed by Genesis Capital Investment Management Pty Ltd and Soul Patts, with the improved terms placing fresh focus on valuation.... [more]

• Uber adds fuel surcharge for non-EV fares in Australia amid petrol price rises.... [more]

• Some Booking.com customers are being warned their personal information may have been accessed by unauthorised third parties, prompting fresh concerns about the security of travellers' data..... [more]

• Opinion - Stephen Bartholomeusz: The US is dragging the world into turbulent economic waters. The big jump in the US inflation rate revealed on Friday is only a preview of things to come.... [more]

• Comment - Malik Ahmed Khan: Is this the catalyst US tech giant needs? Muse models may just be the spark that the rirm needed in AI model development. On April 8, Meta (NAS: META) launched Muse Spark.... [more]

• Opinion - Clancy Yeates: A ceasefire is good. But Trump’s impact on rates is just starting.... [more]

World Business News

• Oil prices jump 4% on US blockade of Iran after peace talks collapse.... [more]

• Markets aren't prepared for the next spasm of economic turmoil brought on by the Iran war, Robert Pape, a professor at the University of Chicago, said over the weekend..... [more]

• U.S. existing home sales fell to a nine-month low in March amid tight inventory and growing concerns over the labor market, and a recent increase in mortgage rates because of the ​war with Iran could limit activity this year..... [more]

• Wall Street still loves streaming, but are its affections well placed?.... [more]

• Anthropic's Mythos, a new AI model the company and cybersecurity experts warn could supercharge complex cyberattacks, ​poses significant challenges to the banking industry with its legacy technology systems.... [more]

• Goldman Sachs on Monday posted first-quarter results that topped expectations on record equities trading results and higher-than-expected investment banking revenue..... [more]

• Arrow Electronics, Avnet rallied 9% as analyst upgrades on improving sentiment.... [more]

• Is OpenAI outgrowing Microsoft? A new Amazon alliance raises the stakes. A reported leaked memo from OpenAI’s revenue chief signals a deepening rift with Microsoft, as the ChatGPT creator deepens its relationship with Amazon.... [more]

• IBM to pay $17 million to settle US government probe over DEI.... [more]

• A 20-year-old man has been arrested after a Molotov cocktail was thrown at the San Francisco home of OpenAI CEO Sam Altman early Friday morning. The incident happened around 4:00 am.... [more]

• Roblox stock rises 5% on new age-based parental controls.... [more]

• Revolution Medicines’ drug for pancreatic cancer succeeded in a highly anticipated Phase 3 trial, almost doubling the typical length of survival and slashing the risk of death by 60% versus chemotherapy, the company said Monday..... [more]

• Hollywood Heavyweights Sign Letter Opposing Paramount’s Deal for Warner Bros. The letter warns that the deal will result in fewer jobs for creatives, along with higher costs and less choice for audiences..... [more]

• Carson Block is ramping up a campaign against his latest short target, SoFi Technologies. SoFi stock tumbled last month after Block's firm, Muddy Waters Research, revealed a bearish bet alongside a short report.... [more]

• Judge dismisses Trump’s $10B lawsuit against WSJ, Murdoch over reporting on ties to Epstein.... [more]

• Tesco will shed more light on how the conflict in the Middle East is affecting inflation and consumer confidence when it updates shareholders next week..... [more]

• Private firms providing services to the NHS including healthcare and consultancy have made £1.6bn in profits over the last two years, research reveals. The findings – on the basis of contracts worth £12bn.... [more]

• French central bank sees first quarter growth of 0.3%.... [more]

• French cement maker Lafarge has been found guilty of paying millions of dollars in protection money to jihadist groups, including the group calling itself Islamic State (IS), to keep its business running in Syria during the civil war..... [more]

• LVMH reports sales hit from Iran war in blow to hopes for luxury revival.... [more]

• BlackRock (BLK.N), the world's biggest asset ​manager and the third largest ‌investor in Monte dei Paschi di Siena (BMPS.MI), has decided to back a proposal ​by a dissident investor ​to reinstate ousted boss Luigi Lovaglio.... [more]

• Hungary’s prime minister-elect Peter Magyar has extended a warm overture to China, which he referred to as “one of the world’s most powerful countries”, saying he would like to visit Beijing and that Chinese leaders are welcome to visit.... [more]

• China tech companies going gangbusters in the Gulf. Brutal price competition at home has given Chinese tech firms cost and efficiency edges they are leveraging to seize Gulf markets.... [more]

• Victory Giant joins IPO push by China’s circuit-board makers amid AI frenzy. Nvidia supplier aims to raise up to US$2.2 billion in Hong Kong as AI data centre demand makes boards ‘all the rage’.... [more]

• India’s Inflation Picks Up as Iran War Lifts Energy Costs.... [more]

• Zimbabwe has granted two Chinese mining firms export quotas for ​lithium concentrates, state media China Securities Journal reported on ‌Monday, two months after Africa's top lithium producer suspended exports.... [more]

• Explainer - Bloomberg: Why India’s Weak Rupee Is About More Than Just the Iran War.... [more]