Market Reports

• Australian Market Report: Australia’s sharemarket has snapped a four-session losing streak, but investor sentiment remains subdued. The S&P/ASX200 rose 21.4 points on Wednesday, up 0.24 per cent, to 8808.4, as the broader All Ordinaries improved.... [more]

• U.S. Market Report: Wall Street's major indexes rose with broad-based gains on Wednesday after two straight ​sessions of declines, as a sharp retreat in oil prices aided sentiment while investors awaited Micron's earnings..... [more]

• European Market Report: European stocks turned in a mixed performance on Wednesday with investors assessing the Middle East situation amid reports Iran and the U.S. have some disagreements with regard to certain points in the peace deal.... [more]

• Asian Market Report: Asian stocks ended mixed in lackluster trade on Wednesday despite a bruising tech sell-off on Wall Street overnight on doubts over the future of tech earnings. The dollar held near a 13-month high in Asian trade.... [more]

Australian Business News

• July 1 ushers in a new financial year – and a raft of changes that will affect both workers and businesses. From changes in superannuation payments and parental leave to an above-inflation increase in the minimum wage.... [more]

• Headline inflation eased in May, with consumer prices increasing at an annual pace of 4 per cent, down from 4.2 per cent in April. Automotive fuel prices dropped by 11.9 per cent in May, on lower global fuel prices.... [more]

• Mortgage holders warned of more interest rate pain amid stubborn inflation.... [more]

• Housing Minister denies tax changes are major driver for market 'correction'.... [more]

• Up to $122,000 could be wiped off the value of the typical Sydney house over the next year, while Melbourne's median house price could drop below $1 million, Domain forecasts. The real estate platform has published.... [more]

• Both financial advisers and the major superannuation funds have sent a clear message to the Government that the superannuation performance test should not be extended to retirement products..... [more]

• 9 all-weather ASX stocks for whatever the market brings next. What makes an all-weather stock?.... [more]

• Australian gold miners are feeling the heat as bullion prices retreat to US$4,072 per ounce, down 8.2% over the past month and approaching fresh 2026 lows. The sector-wide pressure is exposing which producers can weather the storm.... [more]

• Indonesian company Ithaca Resources secures $200 million deal for Vitrinite assets.... [more]

• When a gold major takes a $550,000 bite out of a junior explorer, the market tends to sit up and take notice. Augustus Minerals just felt that attention as a subsidiary of multi-billion-dollar producer Gold Fields .... [more]

• True North Copper is pushing its Cloncurry copper project towards a December-quarter prefeasibility study (PFS) and ore reserve. The company is now working through the mine design, metallurgy and resource integration.... [more]

• American West Metals is nearing the final hurdle at its Storm copper project in Canada, with a prefeasibility study (PFS) nearing completion and permitting underway as it aims to become a key copper producer in an emerging region..... [more]

• Iron Bear Resources secures further Vale funding for flagship Canadian iron ore project.... [more]

• Rio Tinto expects its lithium business to grow faster than its copper, iron ore and other divisions as it works to triple production by 2028 for the electric vehicle and battery storage markets, an executive says..... [more]

• Castile Resources ramping up Rover 1 bankable feasibility study.... [more]

• South-east Queensland water bills to rise despite bulk freeze in state budget.... [more]

• HSBC’s Paul Bloxham says Australia’s vast data centre construction boom has delivered little support to economic growth, as imports of high-value technology equipment have offset most of the investment gains..... [more]

• ASX retail stock Baby Bunting Group Ltd(ASX: BBN) slumped 8.5% to $1.50 after the retailer delivered a FY26 trading update that fell short of earlier expectations..... [more]

• RemSense raises $1.21 million to accelerate virtualplant and AI inspection platform.... [more]

• The Queensland government will release at least $256 million from a ‘digital fund’ for technology projects as part of its latest state budget..... [more]

• LTR Pharma has secured ethics approval for a clinical study evaluating its drug candidate OROFLOW, marking the first formal clinical assessment of the company’s proprietary intranasal platform in gastrointestinal disease..... [more]

• ACCC to investigate energy companies for potential electricity market misconduct.... [more]

• Health firms tracked patients’ searches without consent, watchdog finds. Privacy Commissioner Carly Kind found that fertility provider Monash IVF and telehealth company Medmate both interfered with the privacy.... [more]

• Australian activewear brand Stax is facing a financial crisis and has fallen into receivership. FTI Consulting appointed Joseph Hansell and Asjadi Hone as receivers and managers of Stax and its associated entities on Wednesday..... [more]

• Opinion - Stephen Bartholomeusz: Trump’s man is a threat to spark a Wall Street meltdown. You can blame Fed chair Kevin Warsh for triggering a plunge in some of Wall Street’s hottest companies. A lot more pain could be ahead.... [more]

• Comment - Greg Jericho: Capital gains tax changes are already having an impact on wealth inequality – and vested interests are running scared.... [more]

• Opinion/Analysis - Simonelle Mody: Why we just downgraded one of the biggest ETFs on the ASX. The recent launch of SpaceX has reinvigorated a familiar consideration for ETF investors – what are we actually investing in? .... [more]

• Opinion - Carl Capolingua: Diversification is dead! Why half your ASX shares crashed (plus best EOFY tax-loss sellers).... [more]

• Comment - Isaac Gross: Underlying inflation is still too high, keeping another interest rate hike on the table. The latest inflation figures released by the Australian Bureau of Statistics look, at first glance, like good news..... [more]

World Business News

• Trump cancels signing of largest housing affordability bill in a generation.... [more]

• Anxious investors await Micron earnings as chip sector whipsaws.... [more]

• Micron earnings are moments away. Here’s everything investors need to know. ++live updates, subject to change++.... [more]

• The release date for Google's next frontier AI model has been pushed to July. The company previously said it planned to roll out the new Gemini 3.5 Pro model in June..... [more]

• Google brain drain deepens as Gemini heavyweights defect to Anthropic.... [more]

• OpenAI on Wednesday announced its first custom AI chip in a step towards expanding beyond consumer products to become a player in AI infrastructure..... [more]

• This solar stock is surging on the heels of a new Tesla deal. Sunrun, a provider of home battery storage, is working with Tesla to meet the energy needs of AI data centers.... [more]

• Meta plans to release AI-powered prediction market app, documents show.... [more]

• Toyota Motor is notably gaining on America’s largest automaker, General Motors, in U.S. sales as hybrids get more popular and all-electric vehicles sputter..... [more]

• A Solution to A.I.’s Growing Power Demand: Homes. Tesla, Sunrun and Renew Home plan to tap solar panels, batteries, thermostats and other devices installed in millions of homesto meet the energy demands of artificial intelligence..... [more]

• Is Wendy’s the next meme stock? Everyday traders are trying to ‘save’ the fast-food chain..... [more]

• Electric vehicle startup Slate Auto expects to defy challenging market conditions and avoid the losses its peers have seen by profitably selling a highly customizable EV that starts at just under $25,000..... [more]

• Elon Musk loses trillionaire status as global tech rout hits SpaceX.... [more]

• The economic challenges facing the next prime minister. We've had six prime ministers in a decade and it looks increasingly likely that Andy Burnham will be the seventh. But whoever is in charge, they face the same challenges..... [more]

• Great Britain’s grid operator is expected to pay millions to fire up gas power plants to avoid a rare summer power supply crunch on Wednesday evening as extreme heat puts pressure on the energy system..... [more]

• The Bank of England should maintain interest rates at their current level until there is more certainty regarding the economic outlook, a rate-setter at the central bank has said..... [more]

• Andy Burnham should be ready to exploit the UK’s remaining North Sea oil and gas resources to avoid mass job losses in Scotland and the north-east, the director of the British Chambers of Commerce (BCC), Shevaun Haviland, has said..... [more]

• Swiss lawmakers will consider competitiveness along with financial stability as ​they draft new capital rules for ‌big banks, UBS (UBSG.S), opens new tab CEO Sergio Ermotti said on Wednesday..... [more]

• Germany carries out raids in sabotage investigation related to former Gazprom unit.... [more]

• Franco-German tank maker KNDS rolled out its stock market listing plans on Wednesday, after months of talks over the balance of power within one of Europe's biggest defence firms..... [more]

• China’s Premier Li Qiang on Wednesday defended the country’s technological advancements as an opportunity for the world rather than a threat. Li also said the country’s heavy state subsidies were not the main reason for the rapid rise.... [more]

• A Danish court has ordered the state to pay 80 million Danish kroner (US$12 million) in compensation to TDC NET, the country’s largest digital-infrastructure operator, after authorities forced it to strip Huawei equipment from its fibre.... [more]

• Memory Chipmaker SK Hynix's $29 Billion US Listing Seizes on AI Demand.... [more]

• The hidden amnesty in Indonesia’s cut-rate Patriot Bonds.... [more]

• From Shein to Pop Mart: How Chinese brands are grabbing global market share ++video only++.... [more]