Morning business roundup

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Read a sample of the Morning Business Roundup from today.

Market Reports

  • Australian Market Report: Australia’s sharemarket has fallen for a third straight session, the S&P/ASX200 fell 33 points on Wednesday, down 0.37 per cent, to 8,782.9, as the broader All Ordinaries lost 30 points, or 0.33 per cent, to 9,108.6..... [more]

  • U.S. Market Report: U.S. stocks staged a sharp recovery on Wednesday after the steepest selloff in three months, as investors took relief from President Donald Trump signaling he would not use force in his push to acquire Greenland..... [more]

  • European Market Report: European stocks were little changed on Wednesday, with ongoing trade jitters linked to Greenland keeping investors on edge. The "Sell America" trade took a breather and the euro held near recent highs.... [more]

  • Asian Market Report: Asian stocks followed Wall Street lower on Wednesday as risk aversion gripped financial markets on the back of rising bond yields and U.S. President Donald Trump's renewed push to acquire Greenland..... [more]

Australian Business News

  • Melbourne's real estate market is staging a "decisive recovery", according to property portal Domain, hitting a new record for its median house price for the first time in four years..... [more]

  • Forager’s Steve Johnson says momentum is driving markets and creating opportunity. Markets delivered respectable headline returns in 2025, but for active investors, the year was anything but straightforward..... [more]

  • More than two-thirds of Australian retirees extracted higher than the minimum amounts required from their superannuation fund in 2024/25, countering the claim that they are underspending their savings..... [more]

  • Mining giant BHP is accepting lower prices for its exports of Australia’s most lucrative commodity, the steel-making ingredient iron ore, amid a protracted stand-off in negotiations with its major buyers in China..... [more]

  • Paladin Energy rallies to 18-month high as uranium production beats estimates.... [more]

  • Shares in Lynas Rare Earths rise on higher product prices and improved power supply to Kalgoorlie refinery.... [more]

  • Advance Metals has discovered new visible gold mineralisation less than 50m below surface at its Happy Valley prospect in Victoria’s goldfields..... [more]

  • Australian Strategic Materials (ASX:ASM) shares have soared +120% higher in the Wednesday session after the company received a surprise buyout offer from Colorado-based uranium and REE player Energy Fuels..... [more]

  • Andrew Forrest’s Wyloo has snapped Newmont’s remaining stake in Greatland Resources for $200 million, paying about $700m below market value. Wyloo boosted its stake in Greatland to 18.1 per cent after exercising an option.... [more]

  • Uranium miner Paladin Energy Ltd (ASX:PDN) was a standout on Wednesday after signalling full-year output is tracking towards the upper end of its 4 million to 4.4 million pounds production guidance.... [more]

  • Australia’s biggest listed investment company will keep the faith with its blue-chip plays rather than chase potentially larger gains on offer in a booming mining sector. Australian Foundation Investment Company’s.... [more]

  • More than 30 Priceline pharmacies across Australia could close as a rescue deal to bail out its largest franchisee has reportedly fallen through. Retail giant Wesfarmers has reportedly walked away from a rescue plan.... [more]

  • Goldman Sachs Backs Sigma Healthcare (SIG) with A$3.50 Target.... [more]

  • Comment/Opinion - Shani Jayamanne: When to sell your investment. We focus on what to buy, when is it actually time to sell?.... [more]

  • Opinion - Greg Jericho: The IMF’s banal language is sane-washing an economic crisis created by the egomaniacal Donald Trump.... [more]

World Business News

  • Trump says the recent market sell-off was 'peanuts' and sees stocks doubling from here.... [more]

  • Pending sales of US existing homes fell in December by the most since April 2020, an unusually large drop after the housing market appeared to be gaining some momentum..... [more]

  • Warren Buffett's successor is kicking off his tenure by taking a step to unravel one of the Wall Street legend's rare investment missteps. Berkshire Hathaway signaled it could soon offload its position in Kraft Heinz .... [more]

  • Intel (INTC.O), shareholders are optimistic about the company's results like they have not been for many quarters, betting the turnaround CEO Lip-Bu Tan promised was taking root.... [more]

  • Netflix's co-CEOs found themselves in an unusual position after the ​company's latest earnings report: on the backfoot. The streaming pioneer's decision to plunk down nearly $83 billion on Warner Bros' assets ‌.... [more]

  • Amazon CEO: Prices have gone up from tariffs.... [more]

  • Snapchat's parent Snap has settled a social media addiction lawsuit just days before the landmark case was due to go to trial in Los Angeles. Terms of the deal were not announced as it was revealed by lawyers.... [more]

  • Elastic NV stock hits 52-week low at $68.06.... [more]

  • Over the past few months, investors have been treating Oracle’s stock with caution. Reflecting fears of ballooning capital expenditures and the risk Oracle could lose its investment-grade credit rating, shares have plunged 48%.... [more]

  • Mexico's economy up 2.3% y/y in December, preliminary estimate shows.... [more]

  • Half of world’s CO2 emissions come from just 32 fossil fuel firms, study shows.... [more]

  • EU freezes work on US trade deal ‘indefinitely’ after Trump’s Greenland and tariff threats.... [more]

  • What the EU’s ‘trade bazooka’ is and how it works.... [more]

  • JD Wetherspoon has warned of lower than expected half-year profits, as the pub chain revealed a £45m surge in costs driven by “higher than expected” bills for energy, wages, repairs and business rates..... [more]

  • Wage growth in the UK eased to 4.5% between September and November, official figures suggest, following a sharp slowdown in private sector pay increases..... [more]

  • UK inflation inches up in December but a decline toward 2% is expected in 2026.... [more]

  • Yolo Group stock announces capital increase of up to €6 million.... [more]

  • The BBC has announced that it will produce tailor-made content for YouTube in a milestone for British television as the public service broadcaster teams up with the world’s biggest video platform..... [more]

  • TotalEnergies (TTEF.PA), CEO Patrick Pouyanne said on Wednesday that he expected the European Union to water down its mandate to incorporate sustainable aviation fuel in future, similar to the bloc's recent decision.... [more]

  • Ryanair boss Michael O’Leary welcomes public feud with Elon Musk.... [more]

  • Volvo Cars said on Wednesday that its new electric mid-sized SUV, the EX60, will have a similar price tag to the plug-in hybrid version of the same model, as the Swedish automaker dismissed concerns.... [more]

  • Seven trillion and one reasons China stocks will keep rallying. China draws fresh investor interest as $7 trillion in time deposits come due and Trump’s singular mayhem rattles confidence in US.... [more]

  • Bridgewater Is Bullish on China Stocks After Fund Jumps 45%.... [more]

  • Frontier research lab MiroMind, a subsidiary of the China-founded multinational firm Shanda Group, has asked some of its staff in Shanghai to relocate to Singapore, according to people with knowledge of the matter,.... [more]

  • China's naphtha imports to rise ahead of tax revamp, traders say.... [more]

  • Japan’s longer maturity bonds rebounded in a volatile market, with investors voicing concerns that the government and central bank may need to do more.... [more]

  • India's Tata Communications quarterly profit jumps on robust demand; names CEO-designate.... [more]

  • Indian refiner HPCL's quarterly profit jumps on lower crude prices.... [more]

  • Analysis - NY Times: Trump’s First Year Could Have Lasting Economic Consequences. President Trump’s policies have so far done little to change the overall state of the American economy, but economists warn.... [more]

  • Comment - Victor Reklaitis and Joy Wiltermuth: This Trump comment about Greenland at Davos is calming markets. Here’s why. ‘The TACO playbook is still intact,’ says one strategist.... [more]