Morning business roundup

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Read a sample of the Morning Business Roundup from today.

Market Reports

  • Australian Market Report: The S&P/ASX 200 edged slighter lower over the day to close down 5.4 points, just 0.06%, to 8791.3. The Australian dollar was steady at US69.86¢..... [more]

  • U.S. Market Report: The S&P 500 and ​the Nasdaq rose on Monday as chip stocks recovered from last week's sharp selloff, while investors looked ahead to ‌earnings from major technology companies that have driven Wall Street's AI-fueled rally..... [more]

  • European Market Report: European stocks turned in a mixed performance on Monday after a cautious session amid concerns about the impact of the ongoing conflict in the Middle East..... [more]

  • Asian Market Report: Asian stocks ended mixed in thin trading on Monday, with Japanese markets closed for Marine Day after the Nikkei 225 Index slumped 6.4 percent last week in a tech-led rout..... [more]

Australian Business News

  • Evening Wrap: ASX 200 dips as banks and miners sag, Woodside and Santos winners as oil soars past US$90 a barrel.... [more]

  • The ASX’s most shorted stocks before earnings. Where short sellers see risk ahead of earnings..... [more]

  • ‘Embarrassingly weak’: Graph shows decline in living standards under Albanese government. A key measure of living standards for Aussies has proven “embarrassingly weak” under the Albanese government,.... [more]

  • Can Australia dodge the next Iran oil shock?.... [more]

  • ASIC sounds alarm on Australians' exposure to growing risks in private credit. The muddy world of private lending has Australia's corporate regulator on high alert. Wall Street is ground zero for the alternative investment market.... [more]

  • The top-performing super funds for FY26. From growth funds to passive investing and MySuper lifecycle options, these were the best-performing super investment options in FY26..... [more]

  • Which superannuation fund outperformed its peers last financial year? It's been another strong year for retirement savings..... [more]

  • Banks, super funds and financial services firms were collectively hit with a record $830 million in court-ordered civil penalties over misconduct in the last 12 months, as the corporate watchdog vows to continue taking legal action.... [more]

  • Gateway Mining has fired up the reverse circulation (RC) drill rigs at its Yandal gold project near Wiluna in Western Australia’s prolific Yandal Greenstone Belt..... [more]

  • Venari Minerals secures oversubscribed A$6.1 million raising to accelerate Red Mountain.... [more]

  • Barkly Rare Earths has moved from prep to paydirt potential, with the drill rods now officially turning on a massive 10,000-metre campaign at its flagship Northern Territory Barkley rare earths project..... [more]

  • Maritana Minerals has taken another major step towards joining Western Australia’s ranks of gold producers, launching an early works program at its Black Swan processing hub near Kalgoorlie..... [more]

  • Minerals Exploration reveals new gold targets at Waitekauri as drilling momentum builds.... [more]

  • Marmota smashes out 20,000m as SA gold drilling blitz gathers pace.... [more]

  • Steel Dynamics Stock (STLD) Pulls Back From Highs Into Earnings.... [more]

  • Hydrix secures A$3.4M US medical robotics contract with Remedy Robotics.... [more]

  • JB Hi-Fi Group finds new cyber security leader.... [more]

  • Collapsed activewear brand Stax’s precarious financial position has been revealed with the retailer owing more than $6.7m to staff, creditors and the Australian Taxation Office. The Australian retailer was placed in receivership.... [more]

  • Greens accuse AirTrain of ripping off Queensland taxpayers. Brisbane's "rip-off" airport shuttle service paid zero income tax to Australia while parking its assets overseas,.... [more]

  • Harness racing bosses sue News Corp over drug scandal articles. Two top harness racing officials say they were exposed to hatred, ridicule and contempt by a series of articles in News Corp mastheads.... [more]

  • Opinion - Mike Taylor: From DBFO to CSLR – a litany of ineptitude. Most Australians do not need a superannuation balance of over $1 million to retire reasonably comfortably – they just don’t know it..... [more]

  • Analysis - Alan Kohler: Humanoid robot markets expand as Australia reckons with AI revolution..... [more]

World Business News

  • Oil tops $90 as Middle East fighting escalates.... [more]

  • 3 stats that explain SpaceX's $1 trillion stock wipeout. Heading into SpaceX's historic IPO, the chatter from skeptics was loud..... [more]

  • Google Is Building an A.I. Fence Around the Internet It Once Championed. As Google incorporates more artificial intelligence into search, people are spending more time on Google. Some website operators are crying foul..... [more]

  • A senior Trump administration official and key adviser are slamming OpenAI head of strategic futures Dean Ball's views on regulation, casting a shadow on the future of the company's relationship with the government..... [more]

  • Goldman Sachs highlights 3 non-AI trades to make as the market's hottest stocks lose momentum.... [more]

  • Advanced Micro Devices is further entrenching itself with Big Tech customers — and investors are cheering even without knowing the financial details of the company’s latest deal extension..... [more]

  • Chipmakers are in focus on Wall Street, with their shares turning mercurial this month and investors banking on a few dozen newly valuable companies to ​deliver nearly half of S&P 500 profit growth for the second quarter..... [more]

  • Iren’s stock surges as the neocloud lands $2.8 billion worth of new deals. The AI infrastructure provider is easing anxiety over high data-center build-out costs as it secures new customers and prepayments for chips.... [more]

  • Paramount and Warner Bros. merger hit with temporary restraining order.... [more]

  • As Micron’s stock rebounds, Morgan Stanley says investors shouldn’t get spooked by the past. Memory chips remain a bottleneck to AI development and demand looks durable, Morgan Stanley analyst says.... [more]

  • AI hardware stocks have had a good run, but it's time for investors to move on, according to a chief investment officer overseeing $1.3 billion. "These stocks have been blown up so much to the upside," Richard Reyle at Questar Capital .... [more]

  • How PayPal went from Wall Street favorite to unwilling merger target.... [more]

  • Tesla’s robotaxi plans have been of major interest to investors, but some are getting fed up with the company’s slower-than-expected rollout. Retail investors specifically want to know why it’s taking so long for Tesla .... [more]

  • Mainland Chinese immigrants were estimated to have bought as much as C$5.7 billion (US$4 billion) worth of homes in Canada last year, making them a key group of non-local investors propping up the residential property market.... [more]

  • Canada's annual inflation rate cooled more than expected to 2.8% in June, data showed on Monday, as gasoline costs fell ​sharply after the U.S. and Iran signed their memorandum of understanding to end ‌the war..... [more]

  • Euro zone firms expect selling prices to rise more moderately and see a slowdown in wage growth, an ​ECB survey showed on Monday, adding to evidence ‌that a recent energy-driven inflation surge.... [more]

  • European gas prices surge amid fears US-Iran war will cause winter shortages. Benchmark hits a four-year high as oil briefly breaches $90 a barrel before easing after Tehran says talks ongoing.... [more]

  • What Burnham’s policies might mean for your taxes, mortgage and money as he becomes prime minister. The Makerfield MP has spoken out on income tax, stamp duty and more – so what might change?.... [more]

  • UK gilts fall as Burnham seeks flexibility in fiscal rules.... [more]

  • French lawmakers race to introduce an under-15 social media ban before the new school year.... [more]

  • Hungary’s government announced an investigation Monday into a large foreign investment by Chinese automaker BYD negotiated by a former foreign minister who last week resigned from Parliament to take an executive position.... [more]

  • Amazon’s founder, Jeff Bezos, and the UK government have invested in a £2bn British artificial intelligence startup that is aiming to become the “search engine for rare materials” that accelerates the next wave of technological.... [more]

  • Ryanair profits drop as Iran war puts off passengers and lifts fuel costs.... [more]

  • The European Commission on Monday fined Chinese online marketplace AliExpress 550 million euros ($629 million) for failing to adequately crack down on the sale of unsafe and counterfeit products on its site..... [more]

  • ‘Systemic leap’: China’s drug innovation push yields bumper crop. Home-grown therapies account for 80 per cent of approvals in first six months of the year.... [more]

  • China’s mysterious new billionaires. Early last year, when DeepSeek, a Chinese artificial-intelligence lab, was causing panic among its Western rivals, almost nothing was known about Liang Wenfeng, its founder..... [more]

  • DeepSeek Founder’s Fund Slumps 16% as AI Rout Hits China Quants.... [more]

  • Chinese AI Sensation Moonshot’s Gamble on Big Models Pays Off. Crowds rushed to an obscure corner of China’s premier tech summit, moving past monumental booths from Alibaba Group Holding Ltd. and Tencent Holdings Ltd..... [more]

  • China's solar exports to Southeast and South Asia as well as Africa ​rose year-over-year in June, customs data ‌showed on Monday, though overall solar exports slipped for a second month after China removed an ​export tax rebate..... [more]

  • Coupang stock falls after warehouse fire in South Korea.... [more]

  • Coca-Cola's plans to take its bottling business to Dalal Street have moved a step closer. Hindustan Coca-Cola Holdings has appointed PMorgan and Citi to steer the proposed 2027 IPO.... [more]

  • India says no plan now to raise ethanol mix in gasoline from 20%.... [more]

  • Analysis - Alicia Wallace & David Goldman: Don’t be fooled: America’s inflation problems aren’t going away anytime soon. The worst of America’s inflation resurgence may be over, but that doesn’t mean the inflation resurgence is over:.... [more]