Morning business roundup
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Australian Market Report: The Australian sharemarket closed lower on Friday. The S&P/ASX 200 fell by 36.6 points, or 0.43 per cent, to 8514.20..... [more]
U.S. Market Report: The S&P 500 and the Nasdaq Composite hit all-time highs on Friday as renewed AI enthusiasm and the prospect of a looser monetary policy powered a recovery in U.S. stocks from months-long rout..... [more]
European Market Report: European stocks closed higher on Friday as trade tensions eased after United States struck a deal with China to expedite rate earth shipments..... [more]
Asian Market Report: Asian stocks ended mixed on Friday despite U.S. President Donald Trump announcing a trade deal with China on rare earths and hinting at a major upcoming deal with India..... [more]
Despite the first six months of 2025 having provided some unique challenges, Australian investors have done better than many of their international peers, according to new analysis released by Calastone..... [more]
Minister Tim Ayres says job fears shouldn’t hold Australia back on Artificial Intelligence, productivity.... [more]
Australia’s Super sector has breathed a sigh of relief after the Trump administration walked back a proposed “revenge” tax for foreign investors, which would have wiped billions of dollars..... [more]
Westpac becomes the latest big 4 bank to predict a July rate cut. What does this mean for investors?.... [more]
Private markets specialist, Woodbridge Capital, has expanded retail investors’ access to its investment suite via the superannuation menus on the BT Panorama and Netwealth platforms..... [more]
Is Capital Raising A Signal To Sell?.... [more]
Under-valued project developers still attractive for gold bulls. ‘Developer’s disconnect’ means emerging producers like Astral and Ausgold are in focus; Uvre to hit NZ’s goldfields, with Seckold on board..... [more]
As oil and gas companies talk up their initiatives to shift to less-polluting fuels of the future, the national consumer watchdog wants to draw a line in the sand limiting how far those claims can go..... [more]
Macquarie Group has again downgraded its prognosis for nickel and by virtue increased the probability BHP’s idle Nickel West is going to shut permanently..... [more]
Whitebark pins down well costs for giant SA hydrogen-helium hunt.... [more]
LinQ is the ASX’s first new gold listing this year and it’s got a big drawcard.... [more]
Larvotto Resources has bagged a big win for its flagship Hillgrove gold and antimony project in New South Wales after the State Government signed off on a crucial application.... [more]
Cattle industry ditches pledge to reach net-zero emissions by 2030 .... [more]
Orthocell completes first US surgery using Remplir™ nerve repair product.... [more]
Neuren Pharma (ASX:NEU) has seen its shares jump over +11% as the company wins a patent to treat Pitt Hopkins Syndrome (PTHS) with its drug NNZ-2591..... [more]
New dawn for NeuroScientific with stem cell acquisition.... [more]
Woolworths will close online retailer MyDeal on September 30 to instead put its efforts into other businesses, including Big W Market and Everyday Market..... [more]
Millionaires who pay no tax and richest and poorest postcodes revealed in ATO tax stats.... [more]
Comment - Mark LaMonica: My ETF choice for Aussie equity exposure Running through my rationale for picking this ETF. .... [more]
U.S. President Donald Trump on Friday abruptly cut off trade talks with Canada over its tax targeting U.S. technology firms, calling it a "blatant attack" and saying that he would set a new tariff rate on Canadian goods within the next week..... [more]
Big America hedge affects dollar's global standing. Some Wall Street veterans say appetite for the U.S. dollar is waning in ways not seen in years..... [more]
The $5 trillion company: Wall Street got more bullish on tech stocks this week. Nvidia and Microsoft are soaring as tech analysts keep releasing optimistic calls on the sector.... [more]
Meta seeks $29 billion in private funding for AI expansion.... [more]
The A.I. Frenzy Is Escalating. Again. Companies like OpenAI, Amazon and Meta have supersized their spending on artificial intelligence, with no signs of slowing down..... [more]
Elon Musk isn’t happy with his AI chatbot. Experts worry he’s trying to make Grok 4 in his image.... [more]
Hemi V-8 engines and mechanical bull rides: Inside Stellantis’ plan to revive its Ram Trucks brand after yearslong sales declines.... [more]
Through Thursday, shares of Coinbase Global Inc. had risen nearly 45% in June. It might seem at first to be an expensive stock, but consensus estimates make the case that committed investors may be well rewarded several years from now..... [more]
Nike stock soared 17% on Friday after the company said the worst of its struggles are behind it, following a better-than-feared fiscal fourth-quarter earnings report..... [more]
Nike has said it expects costs to increase by about $1bn (£728m) as a result of Donald Trump’s tariff war as the sportswear company looks to reduce its manufacturing in China..... [more]
IDB approves $2 billion credit line for Brazil.... [more]
Higher defence spending will weaken European governments' credit profiles unless they are able to cut spending elsewhere or increase their revenues, ratings agency Scope said on Friday..... [more]
Reeves expected to freeze income tax thresholds to raise funds after welfare U-turn. Government’s concessions over welfare cuts leave chancellor with a growing hole in her budget.... [more]
Sterling keeps climbing on struggling dollar.... [more]
Lotus is planning to end production of its sportscars in the UK and shift it to the US, a move that would put 1,300 jobs at risk and represent a major blow to the British car industry..... [more]
UK car production plunges to 76-year low for May.... [more]
Shoppers using the online retailer Asos have complained about having their accounts closed and being accused of breaching a “fair use” policy on returns. Asos updated its terms and conditions last September,.... [more]
The Danish government is planning to tackle the issue of AI-generated deepfakes by granting citizens property rights over their likeness and voice. The proposed legislation would mean that.... [more]
A Spanish court says it has temporarily suspended heavy fines the leftist government imposed on budget airlines Ryanair and Norwegian Air for “abusive practices” such as charging for hand luggage..... [more]
New tech, old hurdles: Why digital yuan won’t dethrone the dollar. China promotes e-CNY as key to a ‘multipolar’ monetary order — but without major reforms, dollar dominance will endure .... [more]
Chinese smartphone and electric-vehicle (EV) maker Xiaomi has been flooded with orders for its YU7 SUV, with analysts saying the car could challenge the dominance of the Tesla Model Y, the bestselling SUV on the mainland..... [more]
China fashion retailer Shein to file confidentially for Hong Kong IPO in rare move.... [more]
Trump Teases ‘Big’ India Trade Deal as Negotiators Harden Stance.... [more]
There’s plenty of talk about how India’s 600-million-strong workforce gives it a unique edge in the US-China spat over trade and technology. But to be the world’s next factory, the most-populous nation will need a strong.... [more]