Morning business roundup
Join over 8,000 subscribers who receive markets and economic news delivered straight into their inbox every morning.
By subscribing to the Morning Business Roundup you acknowledge that your email address will be provided to a third party for the purposes of supplying this service. To understand how we handle your personal information, refer to Netwealth’s Privacy Policy, or contact us via contact@netwealth.com.au.
Australian Market Report: The S&P/ASX 200 closed 0.2 per cent or 14.50 points higher, at 8579.70, with five of the market’s 11 sectors moving higher..... [more]
U.S. Market Report: Wall Street's main indexes rose in choppy trading on Tuesday, with the Nasdaq near a three-week high as tech shares climbed on growing bets that the Federal Reserve will soon cut interest rates..... [more]
European Market Report: European stocks inched higher on Tuesday, with Ukraine peace talks and upcoming U.S. economic data in focus..... [more]
Asian Market Report: Asian stocks ended mostly higher on Tuesday despite a sell-off in bitcoin and fears about a repeat of the yen carry trade unwinding. The dollar index lingered around two-month lows.... [more]
Australia is set to experience its lowest unleaded fuel prices in years this Christmas, with major capital cities plummeting to an average price of $1.60 to $1.70, new data from the NRMA reveals..... [more]
Rethinking the way we invest in Aussie tech. Investing in Tech companies has many caveats from traditional investing..... [more]
Too many superannuation funds are still failing to provide sufficient support to retirees, three years after being urged to lift standards, Australia’s top regulators have warned..... [more]
Ovanti Ltd (ASX:OVT) is in talks with Nasdaq-listed Miluna Acquisition Corp (MMTXU) to effectively stage a backdoor listing on the world’s biggest technology index through what is called a “SPAC deal.”.... [more]
The Australian Financial Complaints Authority (AFCA) intends utilising its new-found ability to publicly name firms which fail to comply with its determinations but will give them the opportunity to provide an explanation..... [more]
As strong proponents of diversification, we believe now is an opportune time to explore equity opportunities beyond the US..... [more]
Mining sector apocalypse averted. Citi has decided the mining sector is not quite as apocalyptic as recent trading suggests. The bank is openly bullish on base metals and quietly upbeat on precious metals,.... [more]
Copper smashes to new all-time high as iron ore threatens major breakout – here's what the charts say.... [more]
ADX Energy has supercharged its European gas ambitions after upping the best (P50) resource estimate at the company’s Sicily Channel southern offshore play by 31 per cent to 484 billion cubic feet (Bcf)..... [more]
African Gold catches a solid wave on Montage merger news.... [more]
Workers at Nyrstar’s troubled Port Pirie smelter in South Australia have voted to strike just months after the plant scored a big taxpayer-funded bailout. Almost 50 staff from the Australian Manufacturing Workers’ Union.... [more]
Lindian Resources has delivered a major downstream step for its Kangankunde rare earths project in Malawi, with Australia’s national nuclear science agency (ANSTO) confirming its monazite ore feed cracks cleanly.... [more]
Critica has planted another flag in the fast-moving hunt for non-China based rare earths, revealing a second high-grade mixed rare earths product (MREP) from its Jupiter project in Western Australia’ Mid West region..... [more]
Dreadnought Resources (ASX:DRE) and Black Cat Syndicate (ASX:BC8) have jointly announced they’ll form a JV to mine DRE’s Star of Mangaroon; however, the news hasn’t been enough to overly excite shareholders in either camp..... [more]
How councils are preparing for billion-dollar wind farm projects amid renewables boom.... [more]
REA Group Shares Hit New Year Low As Bulls Look For Support.... [more]
An 11-storey, $100 million luxury hotel proposed for the Darwin Waterfront has fallen through, following concerns the project would impact a traditional Aboriginal sacred site..... [more]
Hundreds of Aussie workers are in limbo after a major RV manufacturer was plunged into voluntary administration weeks before Christmas. Zone Manufacturing Pty Ltd, which trades as Zone RV in Coolum Beach,.... [more]
Buyers, workers left in lurch after luxury caravan company collapses.... [more]
Southern Phone Company has paid a $2.5m penalty for breaching anti-scam laws, which exposed people to “serious financial harm”. According to the Australian Communications and Media Authority,.... [more]
Opinion - Stephen Bartholomeusz: Trump’s act of genius could spark trouble in the world’s most important market. We are getting a first-hand look at just how risky the Trump administration’s plan to bring crypto assets .... [more]
Analysis - Tom Richardson: Quantum threat and leverage crash: Bitcoin price faces big downside risks in 2026.... [more]
Comment - Samantha Menzies: Agentic commerce could disrupt the traditional ASX retail sector: Here's why. Agentic commerce could take the sector by storm..... [more]
Global financial system must adapt to better serve economy, UN trade agency says.... [more]
The world economy has proven surprisingly durable in the face of President Donald Trump’s trade wars, the Organization for Economic Cooperation and Development said Tuesday, upgrading its outlook for global and U.S..... [more]
Goodbye, bull market: This spot-on indicator is saying what you don’t want to hear. Market timers have reached a point of extreme exuberance. That’s bearish for stocks and gold..... [more]
Crypto remains on edge. That could be bad news for the stock market.... [more]
U.S. shoppers spent $14.25 billion on Cyber Monday, pushing total online sales over the Thanksgiving weekend to $44.2 billion, according to an Adobe Analytics report, as consumers lapped up offers on everything from gadgets to.... [more]
Some of the best opportunities in the market next year might have nothing to do with the AI trade. That's the view at Goldman Sachs Asset Management sees a handful of areas of the market that could benefit as the rally.... [more]
BofA expects December Fed cut, two more in 2026.... [more]
Amazon.com Inc.’s cloud unit raced to get the latest version of its artificial intelligence chip to market, renewing efforts to sell hardware capable of rivaling products from Nvidia Corp. and Google. The accelerator, called Trainium3,.... [more]
Why Morgan Stanley just got more bullish on Nvidia stock, even as it struggles.... [more]
Strategy's leveraged ETFs hit hard by crypto slump.... [more]
Billionaires Michael and Susan Dell pledged $6.25 billion Tuesday to provide 25 million American children under 10 an incentive to claim the new investment accounts for children created as part of President Donald Trump’s.... [more]
Eve Holding stock jumps after selecting BETA for electric motors.... [more]
Costco has sued the US government to ensure it will receive refunds if the Supreme Court rejects President Donald Trump’s bid for sweeping authority to impose tariffs..... [more]
Universal Entertainment downgraded to ’B-’ by S&P on slow recovery.... [more]
Russia's Putin says output fall in some sectors not acceptable.... [more]
European banks led by BNP, ING push ahead on euro stablecoin plan.... [more]
BoE governor says it has not forgotten lessons of financial crisis, as it eases capital rules. Bank of England’s move risks stoking concerns about weakening protections against UK bank failures.... [more]
The Bank of England has warned of a "sharp correction" in the value of major tech companies with growing fears of an artificial intelligence (AI) bubble. It said share prices in the UK are close to the "most stretched" they have been.... [more]
The Office for Budget Responsibility complained to senior Treasury officials in the run-up to the budget about a flurry of leaks that it said spread “misconceptions” about its forecasts, it has emerged..... [more]
Jamie Laing's Candy Kittens to acquire UK snack brand Graze.... [more]
As the battle lines harden amid Germany’s intensifying pressure on the European Commission to scrap the 2035 ban on production of new petrol and diesel cars, two Swedish car companies, Volvo and Polestar, are leading the campaign .... [more]
France’s Mistral Debuts New Models to Keep Pace in AI Race.... [more]
Italian luxury fashion house Valentino is facing criticism after posting "disturbing" adverts made using artificial intelligence (AI) for one of its luxury handbags online. The brand announced a collaboration with digital artists.... [more]
Hermes heir takes aim at LVMH's Arnault in missing shares civil lawsuit, court document shows.... [more]
Minimalist Prada buys maximalist Versace for $1.4 billion, in bid to relaunch sexier Milan rival.... [more]
China delivers record 180 billion parcels in 11 months as shoppers chase deals. Express deliveries have reached as high as 777 million per day in 2025 as China’s consumers turn to cut-price online platforms.... [more]
Tesla just posted rare growth in China. Here’s what sparked the sales momentum..... [more]
Hong Kong home sales dip as December slowdown looms amid tragedy, holiday lull.... [more]
Online retailers Shein and Temu are facing increased pressure in the US after two senior politicians pushed for investigations, including into claims of forced labour and intellectual property (IP) theft..... [more]
Thailand is planning a 267 billion baht ($8.3 billion) support package for small businesses, including soft loans and loan guarantees to boost liquidity, the finance minister said on Tuesday as the government looks to spark.... [more]
South Korea Parliament Clears 2026 Budget to Power AI-Led Growth.... [more]
India Orders a Tracking App to Be Installed in All Smartphones. The government said the rules were needed to prevent theft and other crime. Its opponents and privacy activists regard the app as a tool of mass surveillance..... [more]
Indian furniture and mattress maker Wakefit Innovations (WAKE.NS), set a price band of 185-195 rupees per share for its initial public offering, eyeing a valuation of up to 59.96 billion rupees ($668.9 million),.... [more]