Market Reports

• Australian Market Report: Unusually, the S&P/ASX 200 closed exactly flat, making no overall gains or losses, ending the day precisely where it started at 8808.5 points. The market fell as much as 43 points, or 0.5%, around midday but recovered.... [more]

• U.S. Market Report: The S&P 500 and the Nasdaq rose on ​Tuesday after softer-than-expected inflation data fueled hopes the Federal Reserve could adopt a less hawkish stance on interest rates, ‌while upbeat second-quarter results lifted most.... [more]

• European Market Report: After spending much of the day's trading session in negative territory, the major European markets closed slightly higher on Tuesday thanks largely to some brisk buying at select counters during the final hour..... [more]

• Asian Market Report: Asian stocks ended mostly higher on Tuesday, reversing early losses as upbeat Chinese trade data helped offset concerns over escalating military clashes between the United States and Iran..... [more]

Australian Business News

• Australian household confidence may have risen in July, but they are under “intense pressure” and the outlook for the economy is “uncertain”. In another grim update, the Westpac-Melbourne Institute shows consumer sentiment.... [more]

• Australian ‘real unemployment’ jumps to 11.7% as employment falls for fourth straight month.... [more]

• Considerable spike in oil price could spell higher petrol prices for motorists. The ceasefire between the United States and Iran is in tatters as both side continue to trade blows..... [more]

• Property developers are benefitting from eased planning rules targeting 'affordable' housing. Australia is trying to build its way out of a rental crisis, but developers, not tenants, could be emerging as the ultimate winners..... [more]

• ASIC moves for winding up of Capital Guard.... [more]

• FY26 sucked. The ASX's long-term record tells a different story A weak year for the ASX, a long case for resilience..... [more]

• Four financial ratios every household should know. Good context for your yearly review..... [more]

• GQG Partners (GQG) offers a compelling double-digit dividend yield, but the underlying business has flatlined for the last two years and earnings are forecast to go backwards from here..... [more]

• The financial watchdog is trying to shut down a formerly licensed Australian company accused of promoting fake bond investments and engaging in "serious misconduct". Capital Guard had raised more than $17 million.... [more]

• Aureka seals mill deal to fast-track Victorian gold production.... [more]

• Mount Ridley Mines has strengthened the case for a major expansion of its Grass Patch scandium resource near Esperance in WA after new re-assay results confirmed high-grade mineralisation extends.... [more]

• GoldArc closes in on Mt Stirling production as grade control hits elevated gold.... [more]

• Solis Minerals has fired up the drill rig at its Mandacaru lithium project in Brazil, kicking off a 10-hole, 2000-metre diamond drilling campaign designed to test a compelling pegmatite system..... [more]

• Ora Banda bulks up Davyhurst with 3.69Moz gold resource.... [more]

• Treasurer Jim Chalmers has frozen the shareholder rights of a group Chinese-linked investors he believes are seeking to illegally gain control over an undeveloped but strategically important Australian rare earth mining project..... [more]

• If you’re looking for evidence the market is a bit directionless and lost on Tuesday, look no further than Mayfield Group (ASX:MYG) being the top gainer one hour into trades based on news from Monday..... [more]

• SK Hynix IPOs in the US. Here's what that means for ASX investors. SK Hynix just pulled off the largest US listing ever by a foreign company..... [more]

• Australia’s critical industries have been warned they are being targeted by Russian hackers who are exploiting poorly configured network devices. The Australian Signals Directorate (ASD) issued a joint statement with authorities.... [more]

• Refunds have been promised to more than 4500 Origin Energy customers following a consumer watchdog probe into misleading power plans. The offer in question misleadingly implied ongoing savings.... [more]

• Opinion - David Swan: Australia’s millionaire factory is closed for business. For most of the past decade, the surest way to get rich in Australian technology was not founding a startup. It was getting a job at Atlassian..... [more]

World Business News

• Trump Shelves 20% Fee for Hormuz Cargo After Gulf Pressure.... [more]

• Inflation slowed sharply in June as gas prices dropped — but it's a reprieve that may prove temporary as tensions with Iran once again ratchet up..... [more]

• JPMorgan Chase, Bank of America, Citigroup, Wells Fargo and Goldman Sachs all reported earnings Tuesday that beat expectations. The banks also reported strong revenue from equities trading..... [more]

• JPMorgan has been able to cut jobs by as much as 40% in some parts of the bank thanks to AI CEO Jamie Dimon said Tuesday. But investors hoping the technology will dramatically cut the bank's profit margins are likely to be disappointed..... [more]

• Citi shares fall as investor worry over expenses overshadows second-quarter profit beat.... [more]

• This "will rattle many": IBM stock tanks as AI budgets shift.... [more]

• IBM’s stock is having its worst day ever after the surprise release of an earnings miss. Tech bellwether releases preliminary results a week before earnings were expected, showing revenue and profit misses.... [more]

• OpenAI is breaking Silicon Valley's unwritten code. That's why Apple is so angry. For years, Silicon Valley has had a comfortable way of digesting disruption. OpenAI is refusing to play by these unspoken rules..... [more]

• Paramount Skydance is still aiming to close its proposed acquisition of Warner Bros. Discovery by the end of September despite a recent lawsuit filed by state attorneys general challenging the deal, Paramount’s lead trial counsel.... [more]

• The Paramount–WBD legal battle: What happens next?.... [more]

• TYLSemi, a startup founded by executives from recent Qualcomm (QCOM.O), acquisition AlphaWave, on Tuesday said it ​has raised $43 million in early funding to help ‌companies build their own AI chips..... [more]

• Yum! Brands stock falls after Taco Bell removes menu items.... [more]

• Lucid Motor stock fell more than 40% at one point and trading was halted for volatility multiple times Tuesday amid speculation that the company is considering new options..... [more]

• Taco Bell reportedly being investigated by health officials, as cyclosporiasis outbreak spreads. Shares of Taco Bell parent Yum Brands were down nearly 4% on Tuesday.... [more]

• Buffett omits gift to Bill Gates’ foundation after Microsoft cofounder’s Epstein ties disclosed.... [more]

• The European Central Bank has picked 36 payment service providers, including some of the euro zone's biggest financial firms, to ​join the pilot programme for its digital euro project, it said ‌on Tuesday..... [more]

• South East Water to pay £30.5m penalty after multiple supply failures. Ofwat says repeated errors led to ‘real disruption and hardship for residents and businesses across many years’.... [more]

• BoE's Bailey says fresh Gulf clashes make outlook more unstable.... [more]

• UK’s alcohol-free beer boom threatened by official definition, trade body warns. BBPA wants guidelines for beer to be classed as non-alcoholic to be changed from 0.05% to 0.5%.... [more]

• Who is the biggest purchaser of the world's biggest safe haven asset - gold?. The single biggest buyer of the precious metal last year was a company you've probably never heard of – a crypto firm called Tether..... [more]

• German retailers are facing worsening business conditions as rising energy, labour and ​purchasing costs squeeze profits while sales remain ‌weak, the German Retail Association (HDE) said on Tuesday, urging the government to act.... [more]

• China’s monthly car ‌exports topped 1m for the first time in June as overall overseas shipments from the world’s second biggest economy rose 27%. Official Chinese customs data showed that a stronger-than-expected trade performance.... [more]

• DeepSeek Is Preparing For IPO Filing as Soon as This Year.... [more]

• Louis Vuitton takes China’s trademark regulator to court as legal drive continues. The French luxury brand is suing the government body as it faces backlash over a trademark dispute with a Chinese milk tea chain.... [more]

• Hilton launches Tempo hotel brand amid expanding China travel demand.... [more]

• A small number of Nvidia Corp.’s H200 artificial intelligence chips have been shipped to customers in China after winning US approval, the Trump administration official who oversees export control programs confirmed..... [more]

• China memory chipmaker CXMT expects to raise 57.9 billion yuan in IPO.... [more]

• A Singapore court has ordered Bloomberg and one of its reporters to pay S$460,000 ($356,000; £266,000) to two ministers who had sued them for defamation over an article referencing their property transactions..... [more]

• India to ban import of goods made using forced labour amid US probe.... [more]

• Global inflation has been climbing back for months. India’s June print — 4.38%, up from 3.93% in May and above every forecast — isn’t a shock out of nowhere. It’s the sharpest data point yet in a trend that started.... [more]

• The Department of Posts (DoP) recorded its highest-ever first-quarter revenue of Rs 4,008 crore in the April-June period of FY27, marking the first time India Post's quarterly turnover has crossed the Rs 4,000-crore mark.... [more]