Market Reports

• Australian Market Report: The S&P/ASX200 gained 138.8 points on Friday, up 1.62 per cent to 8731.7, as the broader All Ordinaries improved by 145.4 points, or 1.65 per cent, to 8965..... [more]

• U.S. Market Report: Wall Street's main indexes hit record closing highs on Friday and ​posted weekly and monthly gains as Dell results drove tech shares higher, while investors awaited details on a potential U.S.-Iran deal..... [more]

• European Market Report: European markets closed mixed on Friday, struggling to find support past mid-afternoon. The mood remained cautious.... [more]

• Asian Market Report: Asian stocks rose broadly on Friday, with optimism around the resonant AI trade, strong earnings from Dell Technologies, and reports of a proposed 60-day ceasefire extension between the U.S. and Iran.... [more]

Australian Business News

• The supply chain disruptions from the Middle East conflict and the accelerating AI buildout have caused some of the sharpest moves in long-term bond yields across developed markets..... [more]

• 18 Share Tips – 1st June 2026.... [more]

• Rising unemployment and falling inflation put RBA on notice. Next month’s interest rate decision is shaping up as one of the easiest calls the RBA has had in years, yet the policymakers sit frozen.... [more]

• Australians are putting off their retirement by up to four years as cost-of-living pressures bites hard. In its latest retirement report, Colonial First State flagged Australians want to leave the workforce at 62, but the financial realities.... [more]

• Housing Minister Clare O’Neil has branded backlash to the capital gains tax reforms as “completely out of proportion” with the changes taking effect, while conceding it is in the nation’s best interest for carve-out consultations to wrap up.... [more]

• Equity Trustees (EQT) has mounted a strong defence of the outsourced trustee model urging the Government against imposing measures which would constrain their activity in the superannuation market..... [more]

• Labor’s plan to hold back more gas exports for domestic use is threatening to strain critical trade relationships in Asia, just as Australia seeks priority access to the region’s dwindling petrol and diesel supplies.... [more]

• Argosy Minerals (ASX:AGY) is accelerating development of the 12,000 tonnes per annum Rincon lithium project in Argentina after obtaining positive results from process test works, progressing key engineering and feasibility works.... [more]

• Advocates say gas export tax could protect the NDIS.... [more]

• Forrestania Resources has hit rare form on the home front, delivering a spectacular set of high-grade drilling results from its wholly owned Lady Lila gold project in Western Australia..... [more]

• BHP has long been doing the heavy lifting on alerting the market to the bullish outlook for copper. It has been sending out regular alerts for years on the need for higher/incentive pricing for copper if a looming supply deficit.... [more]

• Solis loads $6M war chest for lithium drilling blitz in Brazil.... [more]

• Perpetual Resources has significantly improved the purity of silica sand from its Beharra project in WA, moving closer to the specifications required for the fast-growing solar glass market..... [more]

• "We've seen this movie before" is a phrase that sums up the way many people feel about the Whyalla steelworks' financial predicament. For decades, the plant has endured multiple ownership changes.... [more]

• KPMG rocked as chief executive and senior partner quit over client data scandal. KPMG Australia has lost its chief executive and audit chief after the board conceded it had “fallen short” in how it handled a whistleblower scandal..... [more]

• Gina Rinehart and Southern Cross Austereo: What do billionaire media buyouts mean for democracy?.... [more]

• Booking.com is being sued in Europe, but Aussie travellers aren't included.... [more]

• Comment - Mark LaMonica: My portfolio, warts and all. A self-review shows that successful investing isn’t about perfection - it’s about discipline, patience and living with imperfection..... [more]

• Opinion - Grace Alvino: I'd aim for $1 million in retirement buying just 10 ASX 200 shares. Investors do not need dozens of holdings to build wealth. I think a focused portfolio of quality ASX 200 shares can do the job..... [more]

World Business News

• Wall St Week Ahead Jobs report on tap for soaring US stocks as rate path, bond yields eyed as risks.... [more]

• Oil prices tumble nearly 20% in May — the biggest monthly drop since 2020. Here’s what’s next..... [more]

• AI is turning energy into the hottest business in America.... [more]

• Shares of Dell Technologies rocketed higher Friday, following a stellar earnings report that echoed the strengthening opportunity for traditional computing in the artificial-intelligence buildout..... [more]

• Blue Origin and Amazon had momentum. Then came the fireball. Jeff Bezos was gaining ground on Elon Musk's SpaceX and Starlink. Thursdays rocket explosion on a launchpad creates a major setback. .... [more]

• Blue Origin faces a months-long setback after the explosion of a rocket damaged its ​launch pad, company and industry sources said, scrambling schedules for Amazon satellite launches and bolstering SpaceX's dominance.... [more]

• Artificial intelligence company Anthropic said Thursday it raised $65 billion in private funding that will push its valuation to $965 billion, a whopping number that makes the five-year-old maker of the Claude chatbot.... [more]

• Disney is poised to ramp its already booming advertising business. Rita Ferro is behind the push.... [more]

• Meta Platforms plans to start testing an AI pendant in the next year, as it charts a roadmap for wearable devices in an effort to reverse losses in its hardware division,.... [more]

• AI chip firm Nvidia (NVDA.O), and Microsoft (MSFT.O), are expected next week to ​debut the first Windows PCs that use Nvidia's chips ‌as the main processor. Nvidia-powered computers.... [more]

• Will Frontier learn from Spirit’s mistakes? Budget airlines face tough road ahead.... [more]

• A surprisingly competitive mayoral campaign from former reality television star Spencer Pratt has thrust some of Los Angeles’ economic anxieties into the national spotlight ahead of Tuesday’s nonpartisan primary election..... [more]

• EU's six biggest economies agree on capital markets supervision. Finance ministers from the EU's six biggest ‌economies (E6) agreed among themselves on Friday to support more centralised capital markets supervision.... [more]

• Bank of England’s Greene sees tokenised deposits replacing stablecoins.... [more]

• Job and career opportunities for young people are "not growing, they're shrinking", with one in six set to be out of work, education or training in five years unless action is taken, a review has found..... [more]

• Former M&S chief appointed to tackle UK youth unemployment crisis. Part of Marc Bolland’s government advisory role will be to help disabled or depressed young people to find training or job.... [more]

• The chief executive of Arm is in line for a pay package that would make him a billionaire if he hits targets to turn the microchip firm into the UK’s first trillion-dollar company..... [more]

• Business confidence in Scotland rose in May, with many firms “looking ahead with optimism” at their future trading prospects, according to a new report..... [more]

• German inflation slowed in May ​due to lower energy prices, and while core inflation accelerated, analysts said that was likely ‌not evidence that cost pressures resulting from the Iran conflict were spreading across the broader economy..... [more]

• Ferrari wanted to take on Chinese EVs with the Luce - then the backlash started. The new Ferrari Luce, the brainchild of iPhone designer Sir Jony Ive, is unlike anything the Italian carmaker has ever created - so is the backlash it is facing..... [more]

• China factory activity stalls in May as demand weakens.... [more]

• China's central bank is making a broad push to increase the use of digital yuan at home and abroad, several industry sources said, setting Beijing on a different - and potentially competing - path from the United ​States.... [more]

• Venture capitalists and industrial giants in China are aggressively backing developers of dexterous robotic hands – the toughest bottleneck in the global humanoid hardware arms race – in a funding blitz that is rapidly driving up start-up.... [more]

• SoftBank Plans Up to €75 Billion Investment in French AI Centers.... [more]

• With summer around the corner, soaring prices and other complications from the war with Iran are straining the tourism-dependent economies of countries in Southeast Asia, including Thailand and Vietnam..... [more]

• AI firm MiniMax prepares for mainland China listing after shares surge in Hong Kong. Chinese AI model company hires Citic Securities to prepare a mainland share sale, with the listing venue yet to be confirmed.... [more]

• India's domestic air travel falls 4.2% in April amid weak demand and rising costs..... [more]

• Rupee under pressure, but RBI unlikely to rush into rate hikes.... [more]

• The Crown Prince of Saudi Arabia’s dreams of a glittering, futuristic city spanning his nation’s desert have come crashing down. The futuristic, carbon-neutral Neom project has long been touted as an urban utopia.... [more]

• Comment - William Pesek: Bank of Japan squeezed by Takaichi, Trump and Iran war inflation. US cajoling BOJ to raise rates, but few events are more disruptive to global markets than sudden yen moves – in either direction.... [more]