Market Reports

• Australian Market Report: The Australian sharemarket rebounded from a seven-week low on Tuesday. The S&P/ASX 200 finished up 99.4 points, or 1.2%, at 8604.70. The Australian dollar was trading 0.5 per cent lower at US71.34¢ shortly before 5pm AEST..... [more]

• U.S. Market Report: Wall Street's main indexes fell on Tuesday, pressured by technology and consumer discretionary stocks, ​as mounting inflation concerns sent the benchmark 10-year Treasury yield to its highest level in more than a year..... [more]

• European Market Report: Despite spending much of the day's trading session well above the flat line, the major European markets ended on a mixed note on Tuesday with stocks paring gains as the mood turned cautious amid uncertainty.... [more]

• Asian Market Report: Asian markets turned in a mixed performance on Tuesday as technology heavyweights tracked overnight declines in their U.S. peers..... [more]

Australian Business News

• The Reserve Bank is growing increasingly anxious about price pressures building in the economy. Speaking in Sydney today, the RBA's chief economist, Sarah Hunter, said the warning signs of further price hikes were evidenced.... [more]

• Projected growth in the NSW economy has fallen from 2.5 per cent to just 1 per cent for next financial year following the outbreak of war in the Middle East, Treasurer Daniel Mookhey has revealed..... [more]

• AI frenzy and Iran tensions lift small caps outlook. Market volatility driven by geopolitical tensions and the artificial intelligence narrative is creating pricing inefficiencies that could favour small-cap investors over large-cap equities.... [more]

• Oil, bond yields, the Federal Budget and the RBA. An investment outlook Q&A on the big questions facing investors today..... [more]

• Homebuyer sentiment has dipped to “pessimistic” levels but broader consumer sentiment has ticked up from extreme lows, the latest Westpac-Melbourne Institute survey shows..... [more]

• How to pick a super investment option. How do you pick an investment option to achieve your retirement goals?.... [more]

• The energy industry flooded Australia with advertising arguing against a 25 per cent tax on oil and gas exports, increasing its media expenditure by half compared to a year before, as the proposed policy gained a groundswell.... [more]

• Terrain Minerals has launched preliminary metallurgical test work at its Lightning gold project in Western Australia’s Mid West region, ticking off another key de-risking step..... [more]

• Anglo American says it has sold its five steelmaking coal mines in central Queensland to a United Kingdom mining company for up to $5.43 billion. The sale to Dhilmar Ltd includes.... [more]

• In a savvy move, Corazon Mining has locked in a deal to snap up 100 per cent ownership of the high-grade Chalice gold project, 50 kilometres northwest of Norseman, from Westgold Resources..... [more]

• Metallium lands US$1M Department of War award to advance FJH technology.... [more]

• Maritana Minerals has tightened its grip on the Kalgoorlie goldfields after striking a strategic tenement swap with ASX-listed Accelerate Resources that brings in the extensive Kanowna East package.... [more]

• Chinese investors ordered to sell millions of shares in Australian miner..... [more]

• Miners Gina Rinehart, Angela Bennett back in court over who picks up legal tab over long-running royalties dispute.... [more]

• ClearVue secures key certification for solar façade thermal management tech.... [more]

• After a rough few weeks, Woolworths Group Ltd (ASX: WOW) is suddenly back in demand. The supermarket giant's shares are up 4.91% to $34.60 at the time of writing after one broker upgraded the stock..... [more]

• Island Pharmaceuticals pushes deeper into US biodefence as Ebola fears spark interest.... [more]

• Amplia takes aim at billion-dollar pancreatic cancer drug market.... [more]

• 4DMedical Shares Swing 15% Intraday as Resistance Shapes Up.... [more]

• Australia's largest organic meat producer Hewitt to acquire Nolan Meats.... [more]

• Aussie budget retailer Oz Goods Depot collapses into liquidation, leaves shoppers in refund limbo. Furious customers have unleashed on a budget retailer after it announced it was winding down operations.... [more]

• Opinion - Stephen Bartholomeusz: Trump faces a reckoning as the markets start to wobble. The US president returned home from his trip to China without the main thing markets wanted..... [more]

World Business News

• The bond market is usually a quiet corner of Wall Street, one where moves get measured in hundredths of a percentage point. But the warning signals it sends can be powerful enough to drag stock markets up and down.... [more]

• Auto industry braces for motor oil shortage.... [more]

• Growing concern over the trajectory of the war with Iran has bond yields rising and mortgage rates following suit. The average rate on the 30-year fixed loan rose 7 basis points Tuesday to 6.75%, according to Mortgage News Daily..... [more]

• Minnesota becomes first state to ban prediction markets.... [more]

• After prevailing in its court fight with Elon Musk, OpenAI — the ChatGPT maker valued at $852 billion — remains on track for what could be one of the largest initial public offerings in history..... [more]

• As OpenAI Celebrates Court Win Against Musk, Other Challenges Lie Ahead. A jury’s rejection of Elon Musk’s $150 billion lawsuit against OpenAI was a major hurdle crossed. But the maker of ChatGPT faces a list of other problems..... [more]

• Is Nvidia spending its cash on the right things? Investors will soon get an update. Nvidia pays a ‘token’ dividend, and while an increased payout could broaden the stock’s investor base, the company has been finding other uses.... [more]

• A panel of appellate judges appeared to be divided on Tuesday over a legal dispute between the Pentagon and technology company Anthropic, which claims Defense Secretary Pete Hegseth unlawfully and falsely branded it as.... [more]

• SpaceX's upgraded Starship V3 ready for debut launch ahead of IPO.... [more]

• Ecolab launches $5B bond sale to fund CoolIT acquisition.... [more]

• Digital media companies that waited too long to sell all or parts of their businesses saw their final sale prices plummet from their peak valuations..... [more]

• Shares of Home Depot crept higher on Tuesday after the home- improvement giant kept its full-year outlook intact — a relief for investors worried that higher gasoline prices due to the Iran war would further crimp consumer spending.... [more]

• Startup backed by American Eagle CEO reaches unicorn status in latest funding round.... [more]

• Canada's inflation rate accelerates to 2.8% as Iran war pushes up gasoline prices.... [more]

• The European Parliament voted through new foreign direct investment rules provisionally agreed in December ​with its co-legislator the Council of the EU, ‌which represents EU countries..... [more]

• UK defense chief urges government to prioritize security amid crisis.... [more]

• UK supermarkets have been asked by the government to consider freezing the prices of some essential foodstuffs to protect the public from inflation fuelled by the Middle East conflict..... [more]

• The average price of unleaded petrol has risen to 158.52p a litre, its highest level since the start of the Iran war, according to the RAC. Petrol and diesel prices surged when the conflict began on 28 February,.... [more]

• The HS2 high-speed railway will now cost up to £102.7bn and trains will not start running between London and Birmingham until as late as 2039, the government has admitted – £70bn more and 13 years later.... [more]

• Standard Chartered to cut thousands of roles as AI use increases.... [more]

• Pub chain Greene King has agreed to sell its Old Speckled Hen ale brands to the Spanish owner of Estrella lager, making it the latest in a series of British beers to be snapped up by overseas buyers..... [more]

• Germany began the ​sale process for Uniper (UN0k.DE), on Tuesday, inviting potential bidders for what could become one of Europe's biggest ‌deals this year and draw a line under the government's 13.5 billion euro ($15.7 billion) bailout.... [more]

• Nestle (NESN.S), and Danone (DANO.PA), are facing fresh scrutiny over the handling of infant formula contamination after reports published on Tuesday by French, Belgian ​and Swiss public media questioned.... [more]

• China is expected to leave its benchmark lending rates unchanged for a 12th consecutive month in May, a Reuters survey showed, as ample interbank cash supplies reduced the ​need to cut rates despite.... [more]

• A recent meeting between Chinese Vice-Premier He Lifeng and Advanced Micro Devices (AMD) CEO Lisa Su signals a potential loosening of US chip export policies, which could reopen high-end semiconductor sales.... [more]

• British Steel crisis derails China’s tariff-bypass strategy. Jingye seeks to recover all its investment and losses, while Britain says the Chinese owner’s compensation demand is too high.... [more]

• Starbucks Korea sacks CEO over controversial 'Tank Day' promotion.... [more]

• India's state-run refiner Bharat Petroleum Corp. (BPCL.NS), is recalibrating its crude import strategy almost daily and ramping up spot purchases ​after the U.S.-Israeli conflict with Iran disrupted Middle East supplies,.... [more]

• The rupee extended its losing streak for an eighth consecutive session on Tuesday, tumbling 50 paise to close at a record low of 96.70 against the US dollar amid elevated crude oil prices.... [more]