Morning business roundup
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Australian Market Report: The Australian sharemarket fell slightly on Friday, but the local bourse held on to much of its gains from earlier in the week. The S&P/ASX200 dropped 0.14 per cent to 8960 on Friday..... [more]
U.S. Market Report: U.S. stocks were mixed on Friday, with investors pressing pause as they headed into the weekend and kept an eye on ongoing Middle East peace negotiations.... [more]
European Market Report: The major European markets closed higher on Friday with investors picking up stocks amid hopes the upcoming diplomatic talks between the U.S. and Iran this weekend will yield a positive outcome..... [more]
Asian Market Report: Asian stocks ended mixed on Friday amid lingering tensions around Israeli strikes across Lebanon and the blockade of the Strait of Hormuz, despite the ceasefire agreement..... [more]
Australia's entire economy is built on housing, and operates on a "myth" that we can keep generating wealth by constantly inflating housing prices, argues the head of Australia's largest super fund..... [more]
NAB hikes fixed home loan rates for the second time in two weeks.... [more]
Bendigo Bank has made a bold shift in economic forecasting, signalling a third interest rate hike for 2026. Chief economist David Robertson said in a statement today while the bank believes the Reserve Bank of Australia.... [more]
AIA Australia has announced a new solution designed to “streamline insurance administration” for financial advisers and their clients when it comes to transferring their superannuation over to a retail account..... [more]
War, oil shocks and economic turmoil. Impacts on the economic outlook and Australian private credit..... [more]
Major Australian cryptocurrency exchange Swyftx has laid off nearly 20 per cent of its workforce and replaced its chief executive, Jason Titman, after less than two years in the role, as the company restructures following major acquisitions.... [more]
Zenith Mineralshas taken a big step towards proving up the true scale of its Red Mountain gold project in Queensland. Deep diamond drilling has now plumbed the depths of gold mineralisation beyond 700 metres vertical depth.... [more]
Early field trials at the Samphire uranium project near Whyalla in South Australia have returned a recovery rate better than 55% halfway through its leaching of its first test pattern, backing Alligator Energy’s low-cost production plan..... [more]
Invictus up over +29% on plans to drill key Zimbabwe well.... [more]
Kaiser Reef has capped off a productive March quarter by significantly bolstering its balance sheet and maintaining a steady flow of precious metals from its multi-asset Australian operations. The company reported total gold production.... [more]
Amaero lands A$7.8 million titanium powder deal to bolster FY2027 strategy.... [more]
BHP Group Ltd (ASX: BHP) shares are edging lower today. Shares in the S&P/ASX 200 Index (ASX: XJO) mining giant closed yesterday trading for $54.56. In late morning trade on Friday, shares are swapping hands for $54.11 each.... [more]
Nathan River Resources stands down workers with no pay, blames fuel crisis.... [more]
Opinion - Colin Kruger: What happens when a drone-killer and toxic radio collide? Last year, DroneShield soared to an astounding $6 billion valuation as amateur investors lapped up reports of global defence contracts.... [more]
Comment/Analysis - Mark LaMonica: Lessons from a century of returns. Sobering research shows how hard it is to find the right shares..... [more]
Opinion - Colin Kruger: What happens when a drone-killer and toxic radio collide? Australia’s controversial multibillion-dollar defence star has made an unusual pick to rehabilitate its corporate reputation..... [more]
Opinion - Stella Huangfu: Is Australia at risk of a recession? Here’s what the data actually shows.... [more]
Oil prices log their worst weekly drop since 2020, as weekend talks loom between U.S. and Iran.... [more]
The new oil world order. The energy shock from the Iran war may drive long-lasting change in how the global multitrillion-dollar oil market operates — turning a relatively open and smoothly functioning system into.... [more]
Why the Fed won't be in a rush to bolster the economy against the latest oil shock, according to famed investor Ruchir Sharma.... [more]
Inflation surges to highest level in nearly 2 years as energy costs spike.... [more]
Americans are souring on the U.S. economy to a degree never before seen, with the stiffest inflation in four years exacerbating the political risk for President Donald Trump, who some administration officials worry has lost focus.... [more]
The tech-heavy Nasdaq Composite has led the post-ceasefire surge in US stocks, but JPMorgan's former quant chief thinks the blistering relief rally is poised to reverse..... [more]
CoreWeave jumps after Claude-maker Anthropic agrees to rent AI capacity.... [more]
Marvell’s stock is soaring toward its first fresh high in a year. Here’s what’s driving the momentum. The narrative around Marvell is refocusing around the company’s optical business.... [more]
The Masters has become the biggest event of the year for private jet companies. Private jet companies are rolling out the red carpet for their top clients at the Masters Tournament, as competition shifts from the air to the ground.... [more]
Unusual Machines expands motor production capacity at Orlando facility.... [more]
The US President’s youngest son Barron Trump has revealed his latest venture, with some questioning the Trump family’s continued business enterprises. Sollos Yerba Mate is a beverage company with Barron and several friends.... [more]
Prediction markets are back in the spotlight, this time because of the war in Iran.... [more]
Nike’s stock hits 12-year low, as some analysts are losing faith in management.... [more]
A federal judge on Friday extended an emergency restraining order on a $6.2 billion merger between Nexstar Media Group and Tegna for one week while he decides whether a longer block on the deal is needed..... [more]
Brazil annual inflation accelerates in March on fuel price pressures.... [more]
Bank of Canada, Major Lenders Meet on Anthropic AI Cyber Risk.... [more]
Meta says it has removed adverts by law firms on its social media platforms which seek clients for future lawsuits related to social media addiction..... [more]
The pound fell slightly on Friday but was still set for its biggest weekly increase in three months after the U.S.-Iran ceasefire raised hopes for an end to a conflict that has sent energy prices soaring and threatened global growth..... [more]
European Airports Warn of Fuel Shortages if Gulf Supplies Remain Shut. An association of airports told European Union officials that fuel shipments through the Strait of Hormuz had to restart within three weeks.... [more]
German discount grocery chain Lidl has begun building its first ever pub, which is expected to open this summer..... [more]
Starbucks’s UK retail arm received a £13.7m corporation tax credit last year, even as its sales increased 6% and it added more than 90 stores. The credit, which can be used to offset future tax bills,.... [more]
OpenAI halts UK data centre project over energy costs and red tape.... [more]
What is behind Ireland’s fuel protests? With the nationwide fuel protests entering a fourth day on Friday, here is an explanation of some of the key points..... [more]
The latest US restrictions on Chinese telecoms operators could ultimately force them out of the American market, analysts said, marking an escalation in Washington’s multi-year crackdown on Chinese technology..... [more]
China opens ChiNext exchange to pre-profit tech firms in push to boost innovation.... [more]
South Korea's parliament approved a supplementary government budget of 26.2 trillion won ($17.7 billion) on Friday to mitigate the domestic economic impact of the Iran war. The spending plan,.... [more]
Non-rich Asian states, hit hardest by Iran crisis, ration energy. The oil reserves of richer Asian countries other than China are not designed to offset prolonged disruptions.... [more]
Indian rupee up for second week as arbitrage position unwinding, US-Iran truce boost sentiment.... [more]
German giant BMW has said that India “continues to have a very strong consumption story” despite the current geopolitical tensions and negatives such as the Iran war, and added that its leadership in luxury electric vehicles is.... [more]
Opinion - Andy Mukherjee: The Iran War Is China’s Global Payments Debut. It has been China’s long-held dream to dethrone King Dollar..... [more]