Morning business roundup
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Australian Market Report: Australia’s sharemarket has broken a four-session losing streak but it ended the week lower. The S&P/ASX200 rose 43.5 points on Friday, up 0.5% to 8806, as the broader All Ordinaries advanced 42.4 points, or 0.47%, to 9003.7..... [more]
U.S. Market Report: The S&P 500 climbed toward a record high on Friday, as a blockbuster Nasdaq debut of South Korean chipmaker SK Hynix fueled optimism about semiconductor stocks, while investors looked ahead to quarterly earnings season.... [more]
European Market Report: European stocks ended mixed after a somewhat choppy session on Friday as investors closely followed the developments on the geopolitical front in addition to digesting the latest batch of regional economic data.... [more]
Asian Market Report: Asian stocks rallied on Friday, with chip and AI firms leading the surge on the eve of SK Hynix's U.S. market debut..... [more]
The Australian embassy in Washington has lodged an objection to the US's latest tariff proposal, accusing trade investigators of making findings against Australia without producing any credible evidence..... [more]
Australia’s largest superannuation fund, AustralianSuper has doubled its investment in India’s National Investment and Infrastructure Fund (NIIF) noting that its initial 2019 commitment of $240 million had been one of its best performing.... [more]
How Australia’s new negative gearing rules might accidentally favour some property investors. For the best part of a century, Australian property investors have enjoyed a generous tax arrangement found in few other countries.... [more]
Queensland most sought-after state for Aussies on move.... [more]
Workers' pay has not kept pace with productivity growth for 30 years, research suggests. We're told that productivity growth is the primary driver of higher living standards..... [more]
The stock market isn’t a casino, but investors must know how to stack the odds in their favour. nvesting shouldn’t feel like gambling, but there are several key statistical tools that can help you beat the odds..... [more]
Rio Tinto may need to bulk up its copper pipeline, Swiss bank says.... [more]
Australia’s miners were racing to decarbonise. Why are some tapping the brakes?.... [more]
The spooks at the UK’s foreign secret service MI6 have a better chance than anyone else of divining the factors behind the trouncing of Minerals 260’s (ASX:MI6) market value following the release of its Bullabulling gold project.... [more]
Great Northern Minerals defines new IP targets at Iron Butte gold-silver project.... [more]
Sandfire Resources Shares (SFR) Testing Momentum.... [more]
Caspin Resources could be poised for a significant re-rating on the back of drilling success and district-scale exploration upside at its Bygoo tin project in NSW, according to East Coast Research..... [more]
Boss Energy Ltd (ASX: BOE) shares have had a difficult year. After a savage 43.8% single-day fall in July 2025 following a production guidance cut at its Honeymoon uranium mine in South Australia, the stock has struggled.... [more]
Victorian government announces plans for CO2 battery in Gippsland.... [more]
Mesoblast shares (SX: MSB) led the ASX 200 into the weekend, bouncing 6.67% to A$2.24 after the cell-therapy developer reported fourth-quarter revenue that exceeded market expectations.... [more]
Telstra may have avoided meltdown by spending just thousands on a known problem.... [more]
Telstra chief executive Vicki Brady has apologised to the company's customers, saying the telco let them down and that investigations into the cause of Wednesday's outage are continuing..... [more]
CBA to take AI orchestration agent beyond its retail bank.... [more]
The Australian company behind Logan Paul and KSI’s Prime sports drinks has collapsed into administration. Administrator Alice Fay Ruhe of The Ruhe Group was appointed this week to oversee Congo Brands Australia.... [more]
Comment - Mark LaMonica: The market is expensive. I’m still investing. The arguments for a market bubble are compelling. So are the arguments against it. Here’s why you shouldn’t bet heavily on either outcome..... [more]
Analysis - Jonathan Barrett and Catie McLeod: Why pay a premium fee for a service that isn’t? How the nationwide outage could hurt Telstra.... [more]
Oil prices settled lower on Friday after the latest round of U.S.-Iran fighting as traders grew hopeful that shipping would eventually resume in the Strait of Hormuz, but prices finished with sharp weekly gains..... [more]
Why fuel prices stay high as oil prices steady.... [more]
Prepare for the Fed to undo rate cuts that stabilized the economy, expert cautions. The Federal Reserve likely will take back all the 2025 ‘insurance cuts’ or not raise interest rates at all, according to RBC Wealth Management.... [more]
Goldman Sachs said Thursday it won deals to manage a combined $70 billion in retirement assets for Verizon Communications and Lockheed Martin, one of the larger recent announcements in the fast-growing market.... [more]
A $3.2 Trillion Deal-Making Frenzy Is Spurred by the A.I. Economy. This year’s boom includes the most spent on global deal-making in a six-month period in a decade. But questions persist about whether it can continue..... [more]
SK Hynix’s stock scores double-digit pop in Nasdaq debut. The South Korean memory company’s new American depositary receipts began trading on Friday morning and were up early 15% after midday.... [more]
Etsy stock hits 52-week high at 80.42 USD.... [more]
Shopify (SHOP.TO), has told customers using its web-hosting services to remove vape products from their online stores, according to a notice seen by Reuters and confirmed by the company on Friday..... [more]
PepsiCo earnings miss estimates as U.S. consumers tighten their budgets.... [more]
Meta's new AI image maker draws fire over consent. Meta's move to allow users to create AI images using the likenesses of people with public Instagram accounts is drawing criticism from several camps.... [more]
A new AI detection tool from Meta (META.O), which the tech company previewed this week alongside the launch of its image-generation model, Muse Image, failed to identify some of its own AI-generated images.... [more]
Delta Air Lines’ profit goal is in reach this year as the carrier passes along higher fuel costs to customers, pricing power CEO Ed Bastian expects to last even as oil prices drop from multiyear highs..... [more]
Judge tosses Trump Media’s $3.8 billion defamation suit against The Washington Post. Another one of President Donald Trump’s lawsuits against a news organization has fizzled out..... [more]
China, Russia and Others Seek to Inflame Debate Over A.I. Data Centers. State actors in China, Russia and Iran have sought to exploit the U.S. public debate over the effects of the technology..... [more]
The European Commission says Meta must make significant changes to Facebook and Instagram to address the “addictive design” of the social media platforms. Features on the apps such as autoplay, infinitely scrolling feeds.... [more]
Pressure builds on Europe's biggest port to be greener..... [more]
UK to regulate cloud service providers Microsoft, Google and others to protect financial stability.... [more]
The pound rose on Friday to an almost one-month high against the dollar and a one-year peak versus the euro as markets mulled central banks' likely response to the latest rise in energy prices stemming from the U.S.-Israeli war.... [more]
High court rejects most of ‘dieselgate’ claims brought by 1.6m UK car owners. Carmakers welcome ruling against suit claiming manufacturers including Nissan, Ford and Peugeot fitted devices to defeat emission tests.... [more]
No-frills airline EasyJet says it has agreed in principle to a £5.7bn takeover proposal from US firm Apollo Global Management - just days after accepting an offer from a rival suitor..... [more]
Volkswagen sales plunge as German automaker lays out plan to slash number of brands.... [more]
French central bank revises growth forecast higher despite heatwave disruption.... [more]
The French telecoms billionaire Xavier Niel has become Vodafone’s largest shareholder after buying a 16% stake for £4.4bn. On Friday, the Emirati telecoms group e&, which first took a stake worth £3.3bn in Vodafone in 2022.... [more]
Iran war 2.0 slams Asia back into the blast zone. Ceasefire’s collapse already battering Asia’s fragile economies with surging oil, falling currencies and zero clarity on when it all ends.... [more]
The space race is on as China takes a big step toward rivaling SpaceX. A Chinese company demonstrated controlled recovery of a rocket’s bottom portion, which is critical in helping to drive down launch costs.... [more]
Shein receives approval for Hong Kong IPO from Chinese regulators.... [more]
Uniqlo defies sluggish China market with double-digit profit growth.... [more]
The memory-chip shortages that are roiling the computer, car and device markets will probably persist beyond 2030, according to SK Hynix Inc. Chief Executive Officer Kwak Noh-Jung..... [more]
India should avoid making early concessions in its ongoing trade negotiations with the United States and instead remain patient as Washington's bargaining position evolves, according to the latest SBI Research report..... [more]
India's NSE to pitch IPO to 30 global investors as play on deepening capital markets, sources say.... [more]
African countries have secured $900 million in new financial commitments to expand access to clean cooking technologies, which replace polluting fuels with cleaner alternatives.... [more]
Japan's pension pivot puts Abe-era outpouring of capital in reverse.... [more]