Market Reports

• Australian Market Report: The S&P/ASX200 fell 61 points on Friday, down 0.7 per cent, to 8625.1, as the broader All Ordinaries also lost 61 points, or 0.68 per cent, to 8855.9..... [more]

• U.S. Market Report: Wall Street’s nine-week winning streak ended with a thud on Friday, as red-hot technology stocks suffered their largest daily decline since ​April 2025 after a hot May jobs report fueled fears of a hawkish policy pivot.... [more]

• European Market Report: European stocks closed weak on Friday as the mood remained largely cautious amid an escalation in tensions in the Middle East.... [more]

• Asian Market Report: Asian stocks fell broadly on Friday, with South Korea and Japan leading losses due to heavy selling in major technology stocks..... [more]

Australian Business News

• AI-driven earnings pushed the S&P 500 to another record high. Brent crude oil prices slid on hopes for a U.S.-Iran deal to reopen the Strait of Hormuz. The U.S. April payrolls data is expected to show modest but stable job gains.... [more]

• Weekend Wrap: A 500% one-day rally, June seasonalty and Aussie stagflation.... [more]

• A major consultancy firm predicts 2026 will be the “year of AI disruption” in the Australian labour market as it released a list of 82 jobs facing the highest risk. Deloitte last week identified roles containing high amounts of tasks that could be.... [more]

• Could $350 billion of fresh stock from Alphabet, Anthropic and SpaceX crash the AI bull market? Four companies are raising over US$350 billion as Goldman tips $1.175 trillion of US equity supply in 2026. Can the AI rally absorb it?.... [more]

• Why 30 June is the most important date for your superannuation this year. 30 June 2026 is the last chance to maximise your superannuation contributions for FY26. Here's what every Australian investor needs to know.... [more]

• Employers are reportedly using private investigators as a way of keeping track of their employees who work from home (WFH) with companies being branded as paranoid for taking extra lengths to monitor productivity..... [more]

• ASX real estate share receives sharp downgrade. The ASX property developer recieves sharp downgrade as asset sales disappoint. Lendlease.... [more]

• In what appears to be a case of “out of misfortune comes opportunity”, research and ratings house, Lonsec, has launched a new Governance Solution to help clients avoid the mis-steps which led to exposures.... [more]

• Gold Price Forecast Remains Bullish Into Year End.... [more]

• Sarytogan Graphite has begun bulk graphite purification trials in the United States after shipping concentrate samples from its massive graphite project in Kazakhstan to specialist processor American Energy Technologies.... [more]

• Emperor Energy (ASX:EMP) is finalising a number of key matters as it progresses plans for the drilling of Judith-2 appraisal well off the coast of Victoria..... [more]

• Dalaroo Metals Ltd (ASX:DAL) earlier this week announced the completion of a large-scale systematic soil geochemistry program across the Gold Ridge Prospect within the company’s Bondoukou Gold Project in Côte d’Ivoire.... [more]

• Maiden drilling has confirmed neodymium and praseodymium rich rare earth mineralisation at Locksley Resources El Campo prospect within its Mojave project in California..... [more]

• The NSW and Victorian governments are scrutinising their multimillion-dollar relationships with KPMG, after the consulting giant last week confirmed confidential client data had been shared, throwing the company into turmoil..... [more]

• Opinion - Colin Kruger - KPMG has been thrown into turmoil after allegations from a whistleblower..... [more]

• Analysis - Ian Verrender: In the great data centre boom, will the benefits flow offshore again? On the corner of Mamre Road and the yet-to-be-built South Link Road, in the western Sydney suburb of Kemps Creek.... [more]

World Business News

• Wall St Week Ahead Blockbuster SpaceX IPO set to test high-flying US stocks rally.... [more]

• The U.S. stock market is facing historic downside risk — these 10 low-volatility stocks can protect your portfolio. Low-volatility stocks give investors a smoother ride — and they are beating the market on a risk-adjusted basis.... [more]

• As oil prices spike, talk of 'demand destruction' sets in. The decades old term refers to the sustained loss of demand for a commodity, caused by high prices..... [more]

• Billions spent and hypothetical returns: the AI boom explained with six charts. Expenditure is growing fast and consumer take-up accelerating. But alarm bells are sounding.... [more]

• Intel was on the brink of downfall. A twist in the AI race could boost its revival. When Lip-Bu Tan took the helm of Intel in March 2025, the company was in desperate need of a turnaround..... [more]

• FIFA World Cup: Deutsche Bank says these are the best stocks to own.... [more]

• How can retail investors buy shares in SpaceX's IPO? SpaceX's long-awaited initial public offering, expected to fetch a $1.75 trillion valuation, has set off a frenzy among retail investors clamoring for a share.... [more]

• Harry’s and Coterie owner Mammoth Brands has ambitions to be the next CPG giant. Mammoth Brands wants to take on traditional consumer packaged goods companies.... [more]

• Hollywood workers rally against Paramount-Skydance deal.... [more]

• The Carlyle Group's entry into motorsport last year through its historic partnership with Oracle Red Bull Racing is paying off, the firm's CEO Harvey Schwartz told Axios on Friday ahead of the Formula One Monaco Grand Prix..... [more]

• Why is there a supplement craze if they don’t even work?.... [more]

• European retail investors are among those jockeying for a piece of the hotly anticipated SpaceX (SPCX.O), initial public offering, but some observers warn the deal could prove a bumpy ride for those without the resources.... [more]

• Marks and Spencer is launching a new training scheme for young people trying to get on the career ladder in a bid to tackle what it called the "growing youth unemployment challenge". Aimed at 16 to 24-year olds.... [more]

• Shares in UK heat treatment specialist Bodycote have slumped after US investment firm Apollo Global Management walked away from a £1.5 billion proposed takeover..... [more]

• Hard to give rate guidance due to oil price uncertainty, BoE's Dhingra says.... [more]

• Banco BPM opens merger talks with Monte Paschi on €1.1 bln synergy plan.... [more]

• Italy’s ITA Airways will decide within ​the next eight weeks whether to sue ‌aerospace supplier RTX’s (RTX.N), Pratt & Whitney due to engine problems that have grounded almost 20% of its fleet of 80 ​aircraft, the carrier’s CEO said.... [more]

• China's top securities regulator on Saturday urged the country's $13 trillion fund industry to support domestic innovation, but warned against excessive ​speculation and concept hype..... [more]

• China Puts EVs on a Diet as Battery Boom Adds Bulk, CCTV Reports.... [more]

• A handful of Chinese biotechnology companies are expected to bring medications to consumers in Europe and the US under their own brand names within the next 10 to 15 years, according to policy and industry analysts..... [more]

• Indonesia's central bank chief and finance minister on Saturday agreed to increase yields on Indonesian assets to attract portfolio inflows and support the rupiah, after the currency hit record ​lows in the past few weeks..... [more]

• A wave of optimism over South Korean stocks is giving way to growing caution, as some investors hedge positions and pare back crowded trades on concerns that the rally has run too hot, too fast..... [more]

• Pakistan to impose 1% tax on retail sales up to 200 million rupees.... [more]

• Billionaire industrialist Gautam Adani has regained the title of Asia's richest person after a sharp increase in his net worth, driven by gains across listed Adani Group companies,.... [more]

• Opinion - Heather Stewart: Rachel Reeves may be unpopular, but she is quietly rebalancing UK plc..... [more]