Market Reports

• Australian Market Report: The Australian sharemarket rallied on Monday after Donald Trump announced a peace deal that includes an immediate ceasefire “on all fronts” of the war in the Middle East. S&P/ASX 200 finished up 110 points, or 1.25 per cent, at 8914.... [more]

• U.S. Market Report: Wall Street's main indexes rose on Monday, with ​the Dow touching an intraday high after the United States and Iran struck a preliminary agreement to end the Middle East war and reopen the ‌Strait of Hormuz.... [more]

• European Market Report: Several markets across Europe closed on a firm note on Monday, holding early gains intact, even as a few markets retreated and closed just above the flat line or down in negative territory as the mood turned somewhat cautious.... [more]

• Asian Market Report: Asian stocks surged on Monday after U.S. President Donald Trump announced a tentative peace deal with Iran, helping ease investor concerns about inflationary pressures and lessening the need for interest-rate hikes..... [more]

Australian Business News

• Leading economists at all four major banks are now predicting the Reserve Bank of Australia will leave interest rates on hold at 4.35 per cent on Tuesday following its regular meeting..... [more]

• RBA done and dusted with hiking cycle – for now: analysts.... [more]

• A major industry superannuation fund has broken its silence with a warning on Labor’s capital gains tax (CGT) changes, as a two-day Senate inquiry gets underway in Canberra. David Elia, chief executive of the $150 billion industry.... [more]

• 3 cheap fully franked stocks. Discounted Aussie shares that offer a tax rebate..... [more]

• A deal hands Greenvale a high-grade uranium deposit and a district-scale NT footprint, but the historical resource still needs proving..... [more]

• The final curtain is about to fall on Toro Energy’s long run as an independent ASX-listed uranium developer after a Federal Court ruling pushed the company’s Canadian takeover to the brink of completion..... [more]

• Greatland Resources Outperforming ASX All Ords Gold, As Ora Banda Lead Today.... [more]

• Ora Banda Mining has kicked its major expansion plans into high gear, executing a $233 million engineering, procurement and construction (EPC) contract with GR Engineering Services for a new processing plant.... [more]

• Microsoft’s AI is now helping BHP mine copper.... [more]

• BPM Minerals (ASX:BPM) has significantly extended the Beachcomber Main Lode with further high-grade assays from within the Forelands gold project in the Eastern Goldfields of Western Australia..... [more]

• Kalamazoo lands thick gold hits at expanding Pilbara deposit.... [more]

• The Northern Territory government has announced plans to monitor toxic industrial air pollutants for the first time, after an independent review found gas giant Inpex had "systematically underestimated" emissions.... [more]

• The retail billionaire Mike Ashley has launched his second takeover bid in a week, attempting to snap up the Australian footwear business Accent Group days after announcing a tilt at Hugo Boss..... [more]

• IperionX Shares Up 69% In Three Months: Here’s The Latest.... [more]

• EDU Holdings Ltd (ASX:EDU, OTC:EDUHF) has reported a 32% increase in total student enrolments for T2’26, with growth driven by its higher education business, Ikon Institute, and continued expansion in postgraduate programs..... [more]

• Lachlan Murdoch’s Fox Corp to buy streaming platform in $31 billion deal.... [more]

• Australia’s richest woman Gina Rinehart buys $1.4bn stake in Elon Musk’s SpaceX.... [more]

• Bunnings is set to be one of the first Australian retailers to sell to customers through Google AI Mode, with the capability to be switched on in the next fortnight..... [more]

• Iconic footwear retailer Ugg has been forced to pay thousands of dollars in penalties after it misled customers with fake sales. Christofi Investments, which owns the Ugg Australia Classic website and administers the Ugg Originals.... [more]

• Opinion - Elizabeth Knight: Two big banks have slashed their house price forecasts. The numbers are hair-raising.... [more]

• Comment/Opinion - Cameron England: Do you really need $1 million in superannuation to retire comfortably? The amount needed for a comfortable retirement might not be as much as you think..... [more]

• Comment - Chris Conway: Why it's a "phenomenal time to be investing" in this asset class. Private credit has become a lightning rod for criticism. Nehemiah Richardson explains why the opportunity remains compelling..... [more]

World Business News

• The world economy is weathering the shock of the war in the Middle East with ​no signs yet of a global slowdown, but risks remain high, International Monetary Fund chief Kristalina Georgieva said on Monday..... [more]

• Bitcoin on track for best day since March 4.... [more]

• U.S. factory production was unexpectedly unchanged in May after gains in the prior months, which some economists said were related to businesses building up inventory in anticipation of shortages and higher prices due.... [more]

• How SpaceX's arrival impacts the stock market.... [more]

• Individual investors in the SpaceX (SPCX.O), IPO hoping to quickly sell their shares for a profit face stricter conditions than large funds over the ​practice known as flipping - and risk losing access to hot future listings.... [more]

• SpaceX set to extend rally after record Wall Street debut.... [more]

• Rocket Lab’s stock rebounds, as one analyst says the SpaceX-fueled selloff was misguided. There’s been much debate over whether SpaceX’s public debut would lift other space stocks or suck up investors’ attention.... [more]

• Sen. Warren wants info on private equity deals for data centers. There is growing political anxiety over data centers that underly the AI revolution, particularly as energy prices rise.... [more]

• Lockheed Martin wins $514M U.S. Space Force contract.... [more]

• Nvidia Set to Sell $25 Billion of Bonds, Joining AI Debt Boom.... [more]

• Salesforce (CRM.N), on Monday said it will buy autonomous AI agent platform ​Fin for about $3.6 billion, bolstering its Agentforce offering as ‌the business software provider deepens its focus on automation..... [more]

• Fox to buy streaming device maker Roku for $22 billion.... [more]

• Roku agreed Monday to be bought by Fox Corp. in a deal valued at $22 billion, but shares of both companies fell as investors expressed disdain that terms of the buyout included a large equity component..... [more]

• Florida's attorney general sued TikTok on Monday ​over claims it is violating the state's law barring social media platforms from allowing children under age ‌14 to create accounts..... [more]

• Canadian housing starts fall 6% in May.... [more]

• The EU’s trade deficit with China has reached a record €1bn (£0.8bn) a day, according to official trade data, fuelling concerns over the future of Europe’s “industrial backbone”. The gap between the EU’s imports from China and exports.... [more]

• Sterling nudges higher as US and Iran agree on preliminary deal.... [more]

• Motorists in the UK could be facing cheaper fuel prices as a result of the US and Iran reaching an agreement to end their war..... [more]

• The UK government’s plans to further weaken electric car targets have provoked a furious backlash from the charging industry and the electric car brand Polestar, which would lose out from the changes..... [more]

• Britain has unveiled one of world’s toughest social media bans for kids. Here’s what to know.... [more]

• The liquidators of China Evergrande Group are in a legal battle with the city’s market regulator over its settlement agreement with PricewaterhouseCoopers (PwC) Hong Kong, claiming that the agreement leaves creditors HK$1 billion.... [more]

• Xiaohongshu Is Said to Ready Hong Kong IPO Filing This Month.... [more]

• Hong Kong on Monday launched a public consultation for its five-year plan in a politically symbolic step that brings the special administrative region closer to mainland China’s development approach..... [more]

• Hong Kong developer Lai Sun Development, chaired by businessman Peter Lam Kin-ngok, who also chairs the city’s Tourism Board, has launched an exchange offer for its outstanding US$493 million worth of 5% guaranteed notes.... [more]

• The Reserve Bank of India on Monday issued rules to curb mis-selling of financial products by lenders, banning deceptive marketing tactics ​and tightening norms around customer consent, disclosures and sales practices..... [more]

• Comment - Nilesh Jasani: Two sides of the SpaceX coin. The challenge is understanding everything that sits between a great innovation and a successful investment.... [more]