Morning business roundup

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Read a sample of the Morning Business Roundup from today.

Market Reports

  • Australian Market Report: The Australian share market has finished the day higher as bets of a February rate hike rise on stronger-than-expected employment in December..... [more]

  • U.S. Market Report: Wall Street's main indexes rose toward record highs ​on Thursday after President Donald Trump dialed back his threat of tariffs on European countries, while a new ‌batch of economic data underscored a resilient U.S. economy..... [more]

  • European Market Report: European stocks bounced back on Thursday after U.S. President Donald Trump dropped planned tariffs on eight European countries and ruled out using force to take Greenland..... [more]

  • Asian Market Report: Asian stocks advanced on Thursday amid easing geopolitical and trade tensions after U.S. President Donald Trump signaled pausing proposed tariffs against eight European countries over Greenland ownership..... [more]

Australian Business News

  • Australia's unemployment rate fell from 4.3 to 4.1 per cent in December, according to seasonally adjusted figures from the Australian Bureau of Statistics (ABS)..... [more]

  • Interest rate hikes are back on the near horizon after a surprise drop in unemployment showed the Australian jobs market is stronger than expected..... [more]

  • OECD calls on Australia to raise GST and increase affordable housing amid budget deficit. Survey by organisation, which is led by former Liberal senator Mathias Cormann,.... [more]

  • Treasurer Jim Chalmers rebuffs calls to increase GST and bring back inheritance tax after OECD recommendation.... [more]

  • The circumstances highlighted by the handling of the Shield and First Guardian collapses have been cited as a key reason to implement detailed changes to the draft legislation underpinning Division 296 arrangements..... [more]

  • Is this the strategy for 2026 and beyond? What last year’s market rotation might be signalling..... [more]

  • The missing ingredient for small-cap outperformance is here. 2025 tested investor nerves. Returns held up, but shifting earnings dynamics point to new winners in 2026..... [more]

  • ASX 200 Materials sector notches biggest outperformance since 2009.... [more]

  • Gold prices climbed to a fresh record above $US4800 ($7000) on Wednesday, extending a sharp rally as investors sought safety amid tariff threats from the White House and renewed concerns about a global trade war..... [more]

  • Timing, as they say, is everything – and Peninsula Energy appears to have found its groove just as the United States rediscovers its appetite for home-grown uranium..... [more]

  • An uneventful December quarter across South32’s portfolio has delighted investors, boosting the mixed metal miner’s share price to its highest point since April 2023..... [more]

  • Santos sets platform for growth as Q4 output rises and Barossa loads first LNG cargo.... [more]

  • Administrators seek buyers for Sanjeev Gupta's Tahmoor Coal mine.... [more]

  • Fintech Ovanti has received firm commitments from sophisticated and professional investors for a $1 million placement, taking its total capital raise to $5m..... [more]

  • Healthcare disruptor Compumedics clocks record sales in 1H FY26 at $33M; revenue up +32%.... [more]

  • Netwealth Shares (NWL) Upgraded to Buy as Price Target Trimmed.... [more]

  • Influential analyst Macquarie is tipping a rebound for Solomon Lew’s Premier Investments amid strong demand for Peter Alexander and says the string of executive departures at Smiggle is less of an overhang for the group..... [more]

  • ANZ has been slammed for a controversial plan that will impact nearly 200 staff members just three years after promising no roles would be affected..... [more]

  • Snapchat accused of reinstating banned teen accounts, stonewalling complaints.... [more]

  • Analysis - Sebastian Bowen: With gold up 71%, which is the best ASX gold ETF to buy?.... [more]

World Business News

  • Trump’s NATO Deal Would Mean US Mining and Missiles in Greenland.... [more]

  • Trump’s TACO on Greenland could stave off an economic war. President Donald Trump’s threat to tariff countries opposed to his effort to annex Greenland is gone, and, with it, the prospect of tit-for-tat economic warfare with Europe.... [more]

  • Trump Sues JPMorgan, Dimon for $5 Billion Over Alleged Debanking.... [more]

  • Powered by strong consumer spending, the U.S. economy grew at the fastest pace in two years from July through September, the government said Thursday in a slight upgrade of its first estimate..... [more]

  • Bank of America, Citigroup Weigh New Credit Cards With 10% Rate.... [more]

  • Bank of America, Citigroup stocks rise on potential 10% rate credit cards.... [more]

  • The average long-term U.S. mortgage rate ticked higher this week, but remains near its lowest level in more than three years. The benchmark 30-year fixed rate mortgage rate rose to 6.09% from 6.06% last week.... [more]

  • Tesla (TSLA.O), is likely to win regulatory ​approval in Europe and China for its Full Self-Driving system as early as next month, ‌CEO Elon Musk said on Thursday,.... [more]

  • Tesla CEO Elon Musk said Thursday that he expects the company to begin selling humanoid robots to the public by the end of 2027..... [more]

  • Crypto custody startup BitGo Holdings (BTGO.N), priced its U.S. initial public offering above its indicated range on Wednesday, ​raising $212.8 million and paving the way for the first stock market ‌debut.... [more]

  • Procter & Gamble misses revenue estimates due to slower US growth.... [more]

  • Paramount does everything but raise its price in its latest move in the Warner Bros. takeover fight. Paramount said it was extending the deadline for its $30-per-share offer and asked WBD shareholders to reject rival Netflix’s.... [more]

  • Spirit Airlines is in talks with alternative investment firm Castlelake for a potential takeover as the discount airline looks for a path out of bankruptcy, CNBC has learned..... [more]

  • Canada's WestJet abruptly walked back a rollout of tighter economy seating last week after viral videos showed passengers struggling with cramped legroom. The U-turn offered a sharp warning to North American airlines.... [more]

  • The Leverage That Europe Has Over the U.S. Economy. After the latest bout of trade turmoil with the United States, European leaders are looking for ways to project strength to the Trump administration, which considers them weak..... [more]

  • Euro zone consumer confidence rose by 0.8 points in January from the December number, figures released on Thursday showed..... [more]

  • Beazley rejects £7.7 billion takeover tilt from Swiss insurance rival.... [more]

  • British government borrowing costs rose and sterling briefly fell on Thursday following news about a possible route back to parliament for Greater Manchester Mayor Andy Burnham,.... [more]

  • Ubisoft has cancelled six video games - including its long-awaited Prince of Persia: The Sands of Time remake - as part of a "major reset" of its operations. The French developer and publisher, known for popular games.... [more]

  • Barclays plans to relocate European base from Dublin to Paris.... [more]

  • Chinese rural banks are unable to find buyers for hundreds of foreclosed properties they are auctioning despite offering steep discounts, deepening a real estate crisis and adding to risks for the financial sector.... [more]

  • Alibaba prepares potential spin-off, listing of chip unit T-Head.... [more]

  • Japan’s Takaichi fast headed for a Liz Truss moment. Currency and bond traders voting on Takaichi’s fiscal spending plans by dumping the yen and pushing yields to record highs.... [more]

  • Hedge fund titan Ken Griffin says Japan's bond-market rebellion is a warning sign that the US needs to shape up its finances. The bond vigilantes could make a comeback soon..... [more]

  • India's Adani Total Gas (ADAG.NS), on Thursday reported its first quarterly profit increase in five quarters, as higher compressed natural gas (CNG) sales helped offset elevated gas procurement costs..... [more]

  • Opinion - Desmond Lachman: Treasury Secretary Bessent puts the U.S. economy at risk with his reckless disregard for the bond market. Bessent should be highlighting the danger of undermining foreign investors’ confidence in the U.S..... [more]