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 closed 11.90 points or 0.1 per cent higher at 8537.00. The lacklustre trading comes after the local bourse jumped 1.3 per cent on Monday,.... [more]

  • U.S. Market Report: Following the strong upward move seen over the course of the previous session, stocks are turning in a relatively lackluster performance during trading on Tuesday. .... [more]

  • European Market Report: European stocks were little changed on Tuesday as investors awaited a slew of U.S. economic data for fresh insights into the economic and rate outlook..... [more]

  • Asian Market Report: Asian stocks rose broadly on Tuesday, with Chinese and Hong Kong markets leading the gains after U.S. President Donald Trump announced an April visit to China at Xi Jinping's invitation following a productive phone call..... [more]

Australian Business News

  • The Albanese government is bracing for higher headline inflation ahead of fresh CPI data due out this week. Wednesday’s inflation figures are tipped to show headline inflation — which includes volatile items such as petrol.... [more]

  • Housing affordability at a record low – here’s four key ways to fix it. Home prices relative to incomes housing affordability is at a new record low, adding to a slide in home ownership and rising inequality..... [more]

  • Bendigo Bank (ASX:BEN) has seen one-year returns slump -25% as fresh pain comes in the form of a disclosure that Deloitte, commissioned to look into Bendigo’s money laundering alert systems,.... [more]

  • ‘Urgent priority’: Major Australian super fund investigates Russian Blood Oil links.... [more]

  • Superannuation giant Cbus ordered to pay penalty for breaking law over death and disability insurance claims handling.... [more]

  • Tensions between China, Australia explode over iron ore. Australia and China are edging closer than ever to an explosive trade war as a heated minerals dispute breaks out between the two nations..... [more]

  • The Australian Securities and Investments Commission (ASIC) has admitted it took close to 14 years before it identified an error in the way it calculated review fees..... [more]

  • BHP, CIA, FMG or RIO – Which ASX iron ore stock is the best? .... [more]

  • Finding value in the Aussie mining sector. Is the mining sector overvalued? A new Morningstar report highlights pockets of value that remain..... [more]

  • Mount Ridley Mines has lit up a 33-kilometre run of untested rare earths and gallium targets across its vast Grass Patch Complex north of Esperance in WA after completing a fresh review of modern geophysical datasets..... [more]

  • Omega Oil and Gas Ltd has agreed to invest up to $14.6 million in Elixir Energy Ltd (ASX:EXR, OTC:ELXPF) via a two-tranche placement at $0.041 per share, giving Omega a 19.43% stake in the company.... [more]

  • Cloncurry copper mine set to inject $17 billion into Queensland's economy.... [more]

  • TMK Energy has crept closer to the magic moment when its Gurvantes XXXV coal seam project in Mongolia finally gives up its gas. The latest pressure build-up test, run over four days,.... [more]

  • A resources exploration company will drill test for rare earth elements in South Australia's Mallee region, after initial results have been "encouraging". Kaili Resources Limited carried out testing in September 2025.... [more]

  • Research house flags Loyal Metals as undervalued copper-gold opportunity.... [more]

  • West African Resources wants to return to the trading boards after “constructive” talks with Burkina Faso’s leaders, but the elephant in the room remains. The Subiaco-based gold miner on Tuesday stated.... [more]

  • Kaiser Reef looks to turn old gold waste dumps into cash in Vic.... [more]

  • Green360 Technologies has taken a major step towards commercialisation of its highly-reactive “Eco-Clay metakaolin” product, delivering about 60 tonnes of the product to two commercial concrete batching plants.... [more]

  • Web Travel Group Shares Surge After Strong H1 Results.... [more]

  • Embattled Star Entertainment has surprisingly received overwhelming support from shareholders as they back in millions of dollars of pay for the top boss and approve the Bally’s lifeline..... [more]

  • DroneShield rebounds 12 per cent on European deal, ends November’s tough month run.... [more]

  • Worker at Australian Taxation Office call centre takes court action demanding ‘same job, same pay’. Fair Work Commission application comes amid scrutiny of ATO’s use of for-profit call centres.... [more]

  • Comment - Bronwyn Allen: How to invest in AI outside the Magnificent 7 stocks. This expert says there are other options for investors who think the Mag 7 shares are overvalued..... [more]

World Business News

  • 2 reasons the latest bitcoin meltdown will be harder to recover from than prior crashes.... [more]

  • Why the crypto market is crashing. Even by crypto standards, it’s been a rough few weeks. Investors in digital assets are accustomed to extreme volatility, but a $1 trillion wipeout over the past six weeks.... [more]

  • US Consumer Confidence Falls by Most Since April on Economy.... [more]

  • US retail sales rose slightly in September, adding to months of big gains.... [more]

  • The White House on Monday launched a new program to allow the Department of Energy’s national laboratories to collaborate with tech companies and academics on using AI to further scientific research..... [more]

  • It's increasingly looking like Nvidia isn't the only game in town when it comes to AI-enabling hardware. Nvidia stock dropped on Tuesday as investors took in a report that Meta could buy billions worth of Google's AI chips.... [more]

  • Google, the Sleeping Giant in Global AI Race, Now ‘Fully Awake’.... [more]

  • Shares of Abercrombie & Fitch soared 30% in morning trading on Tuesday after the company showed investors it’s set to keep growing, even as its namesake brand slows down..... [more]

  • J.M. Smucker forecasts annual profit below estimates as coffee inflation bites.... [more]

  • Tesla’s stock drops as European sales dive. That’s not the only problem. The electric-vehicle maker is experiencing a sustained sales slump in Europe, and is having trouble winning over regulators for a key technology.... [more]

  • Hasbro stock hits 52-week high at $82.20.... [more]

  • Why a top tech investor says Alphabet is the best Mag 7 stock to own for the next year. If you had to pick one stock from a group of seven that are propping up the whole market, which would you choose?.... [more]

  • Best Buy raised its profit and sales expectations ahead of the holiday shopping ramp-up on Black Friday after a strong third quarter. Comparable-store sales at the nation’s largest consumer electronics chain rose 2.7%,.... [more]

  • Kohl’s stock hits 52-week high at 21.41 USD.... [more]

  • Dick’s Sporting Goods is planning to close a slew of Foot Locker stores now that its acquisition of the sneaker company is complete, the company said Tuesday when announcing fiscal third-quarter earnings..... [more]

  • TikTok names former Boeing exec as US public policy chief.... [more]

  • Canadian Foreign Minister Anita Anand said Monday that Canada and India will move quickly to advance a trade deal after two years of strained relations, noting Ottawa has a new foreign policy in response.... [more]

  • Lukoil co-founder Fedun sells his stake back to company.... [more]

  • Europe should "reconsider" its rules for big tech companies if it wants to see lower US tariff rates on its steel and aluminium exports, US Commerce Secretary Howard Lutnick has said..... [more]

  • Russia sees scope for oil exports boost to China, urges cooperation in LNG.... [more]

  • Millions of low-paid workers in the UK are to get a pay rise of 4.1% next year, as Rachel Reeves confirmed that minimum wage rates will go up as part of the government’s ambition to improve living standards..... [more]

  • Pre-packaged milkshakes and coffees that are high in sugar will be hit with an extra tax from 2028, after the health secretary announced he was extending the tax on fizzy drinks to include milk-based products..... [more]

  • The City watchdog has contacted WH Smith to find out more about its accounting error that wiped almost £600m off the company’s stock market value overnight and led to the departure of its chief executive..... [more]

  • Merz Asks Corporate Germany for Patience With Economic Reforms.... [more]

  • Romania's Constitutional Court struck down on Tuesday a bill regulating withdrawals from the private pension system, complicating Bucharest's plans to join the Organisation for Economic Co-operation and Development (OECD) next year..... [more]

  • Trump’s Xi and Takaichi calls ring market alarm bells. Markets brace as Trump bids to steady a China-Japan dispute with the potential to upend global growth, prices and supply chains.... [more]

  • China's October net gold imports via Hong Kong fall about 64% from September.... [more]

  • Xiaomi Founder’s $13 Million Share Purchase Sparks Stock Rebound.... [more]

  • UBTech Robotics, one of China’s top robot manufacturers, said on Tuesday it had secured a major contract to deploy humanoids at border crossings to perform tasks such as guiding travellers, conducting inspections and.... [more]

  • Alibaba Group Holding, China’s e-commerce and cloud computing giant, on Tuesday reported a better-than-expected 5 per cent increase in revenue for the September quarter, as its cloud and artificial intelligence businesses continued.... [more]

  • India's November Russian oil imports set to hit five-month high, Kpler data shows.... [more]

  • Opinion - Daniel Moss: What India Can Do About Its Low Inflation Problem.... [more]