Morning business roundup
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Australian Market Report: The Australian sharemarket has closed in the red, weighed down by a slump in major bank shares. The S&P/ASX 200 closed 55.30 points or 0.7 per cent lower on Monday, at 8461.00. .... [more]
U.S. Market Report: Wall Street's main indexes gained in choppy trading on Monday after logging sharp declines in the previous session, as investors took heart from President Donald Trump's comments on U.S.-Iran talks.... [more]
European Market Report: Despite weak Eurozone economic sentiment data and the ongoing war in the Middle East, European stocks gained some significant ground in positive territory on Monday. The upmove was supported by some bargain hunting.... [more]
Asian Market Report: Asian stocks ended mostly lower on Monday as rising energy risks amid escalating U.S.-Iran tensions rattled investors..... [more]
Interest rates will soon reach the highest level since the global financial crisis with three more hikes in 2026, the Westpac Bank predicts. Economists at the big-four bank today said the energy-driven inflation surge was so dire.... [more]
The Reserve Bank will reveal its recommendations on card payment fees on Tuesday. A billion-dollar battle over who pays card fees has split retailers and banks as the Reserve Bank prepares to reshape Australia’s payment system..... [more]
Uncertainty is now the defining force in the property market. The property market’s biggest risk isn’t inflation or affordability, it’s uncertainty: policy & geopolitics pulling in different directions..... [more]
The ASX’s most shorted stocks in 2026. What we can and can’t learn from the top 20 most shorted ASX shares..... [more]
If there’s a silver lining to the RBA’s back-to-back hikes in the official cash rate, it’s that the return you can generate from your cash holdings is starting to look more attractive. Cash plays an important role in portfolios,.... [more]
Why buying the ASX 200 dip now could be 2026's smartest move.... [more]
ARC exits its 75% Merewether holding.... [more]
Aureka Limited has taken to the skies at its flagship Irvine gold project in Victoria’s renowned Stawell Corridor, launching a high-resolution drone magnetic survey to sharpen its hunt for the next big discovery..... [more]
Record North Slope lease sale by supermajors shines fresh light on 88 Energy's Alaskan ambitions. ExxonMobil, ConocoPhillips, Repsol and Shell have just competed at the most successful lease sale ever held.... [more]
Alcoa Corp jumps over +7%, the latest victim – or is it beneficiary? – of the Iran War.... [more]
West Wits Mining has taken aim at one of the market’s favourite risk topics – fuel supply – unveiling a multi-layered diesel security plan to keep its Qala Shallows underground gold operation in South Africa running smoothly.... [more]
SNX accelerates copper-gold push with new Saudi subsidiary.... [more]
Farmers say the federal government must help them with tax breaks and underwriting fertiliser purchases to survive the fuel crisis, with Monday’s national cabinet expected to discuss more assistance to businesses.... [more]
Farmers clash with government over new water basin laws.... [more]
Made by Shein: The ultra-fast fashion giant is pitching itself to Aussie clothing labels. It’s a deal that ambitious fashion labels hoping to crack the global market can only dream of: access to half a billion customers.... [more]
RBC Capital has launched coverage of Sigma Healthcare shares (ASX: SIG) with a cautious stance, setting a price target that implies further downside for the ASX-listed pharmaceutical distributor.... [more]
Aussie franchisor behind OPSM, Laubman & Pank fined $20k by watchdog over major franchise disclosure failure.... [more]
ABC staff consider seven-day federal budget strike as pay talks continue.... [more]
Scammers rip off Australians to the tune of $2 billion, ACCC figures show.... [more]
Opinion - Clancy Yeates: As more EVs hit the road, this gap in our tax system needs fixing. History suggests that when you get a crisis as big as the current oil shock, it not only causes short-term problems like inflation, but also.... [more]
Comment - Yasmine Raso: Researchers from the World Gold Council have released new analysis presenting the case for gold as more than just a short-term ‘safe haven’ in Australian portfolios but as a strategic allocation.... [more]
Opinion/Analysis - Locky Xianglong Liu, James Giesecke and Jason Nassios: Halving the fuel excise is smart politics, but flawed policy..... [more]
Federal Reserve Chair Jerome Powell kept his options open about how the central bank would react to the economic effects of the Iran war, saying interest rates may need to be lower or higher, given the risks to the outlook..... [more]
The Federal Reserve’s response to the US-Israeli war on Iran largely hinges on how the conflict affects Americans’ expectations about inflation, Chair Jerome Powell said Monday..... [more]
US Bonds Rally as Traders Bet on Fed Rate Cut Bets in About-Face.... [more]
An indicator linked to Walmart, one of the US's most iconic economic stalwarts, is flashing a possible recession warning, according to a Wall Street veteran. Jim Paulsen — a longtime economist and the former chief investment.... [more]
This is a reason the Middle East’s major oil-producing countries have been selling their U.S. Treasurys. A need for liquidity may be playing a role in the decision of some countries to reduce their holdings of U.S. government debt.... [more]
As the volatile US stock market hovers near correction territory, Bill Ackman is focused on a handful of enticing buying opportunities he sees in the market. The billionaire founder of Pershing Square Capital Management.... [more]
SpaceX's monster IPO is unlike anything we've seen.... [more]
Morgan Stanley's E*Trade is in talks with SpaceX to take the lead in selling the rocket maker's shares to everyday U.S. investors in its highly anticipated IPO later this year, giving it an edge over rival brokerages Robinhood Markets and.... [more]
Kimberly-Clark stock hits 52-week low at 96.21 USD.... [more]
As Robinhood's chief brokerage officer, Steve Quirk is uniquely placed to see mistakes in investor behavior — and there are three he says are commonly made..... [more]
Nike, Restoration Hardware, nCino and more set to report earnings Tuesday.... [more]
JetBlue Airways is raising bag fees as jet-fuel prices soar amid the Iran war. Airfare has climbed for routes around the world since the U.S. and Israel attacked Iran on Feb. 28. The higher fees for checked bags are the most recent sign.... [more]
Microsoft unveils AI upgrades, rolls out Copilot Cowork to early-access customers.... [more]
The Connecticut Sun say they will move to Houston in 2027 after reaching an agreement to sell the team to Rockets owner Tilman Fertitta in a deal worth a record $300 million, according to a person familiar with the sale..... [more]
The NFL is asking prediction market operators to keep specific event contracts that the league deems “objectionable bets” off of their platforms. In a letter obtained by CNBC, the league outlines examples of event contracts.... [more]
Blackstone to Debut First Hedge Fund for Mini-Millionaires.... [more]
Air Canada C.E.O. to Step Down Amid Backlash Over Comments After Crash. Michael Rousseau’s mostly English statement after a fatal runway collision drew sharp criticism. The airline said it would emphasize French fluency.... [more]
Bank of Mexico "close to finishing" rate cut cycle, governor says.... [more]
The European Central Bank's March baseline price and growth projections are at risk should war in the Middle East drag on and policymakers will need to act quickly in response to potential signs that inflation expectations are drifting.... [more]
Kemi Badenoch is to launch a campaign calling for Britain to maximise the use of its oil and gas reserves. The Conservatives will put a “Get Britain Drilling” campaign at the heart of their proposals for bringing down the spike.... [more]
British Steel on track to be fully nationalised within weeks. UK plans to take economic control from Chinese owner Jingye a year after stepping in to run plant, sources say.... [more]
How high could UK petrol and diesel prices go?.... [more]
The UK government has fined a subsidiary of Apple £390,000 for breaching sanctions against Moscow over payments it made to a Russian streaming platform. Apple Distribution International (ADI), based in the Republic of Ireland.... [more]
Italy adopts rules that help credit fund expansion.... [more]
An Italian authority is investigating beauty brands Benefit and Sephora after they appeared to adopt a "particularly insidious" marketing strategy of using young influencers to market skincare to children..... [more]
This Is What Happens When the Gas Runs Out. With a cutoff in shipments imminent, Asian countries, the biggest importers of liquefied natural gas from the Middle East, are already burning more coal and reducing consumption..... [more]
Policymakers in the Asia-Pacific region are facing their toughest test since the COVID-19 pandemic, with few easy options, as they race to cushion their economies from an energy shock that is hitting harder and sooner than elsewhere..... [more]
China's AI chatbots are advanced and versatile — and begging for more users.... [more]
Why Chinese tech companies are racing to set up in Hong Kong.... [more]
Streaming giant iQiyi joins homecoming wave with proposed US$300m Hong Kong listing. The move makes iQiyi the latest US-listed Chinese company to look to float in Hong Kong amid US regulatory scrutiny.... [more]
Indian industrial and medical gas maker INOX Air Products is planning to launch a $1 billion initial public offering in Mumbai, and has appointed Kotak, JPMorgan and Citi to manage the IPO, three sources familiar with the matter said..... [more]
India’s Boldest Currency Move in Years Fails to Hold Rupee Gains.... [more]