Morning business roundup
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Australian Market Report: The S&P/ASX 200 had opened higher, then wiped out its early gains and eventually worked its way back up to close just above the 9000-mark at 9022.30, down 3.7 points from Monday’s close. The Australian dollar traded at US70.60¢ .... [more]
U.S. Market Report: U.S. stocks rebounded on Tuesday, led by recovering technology shares as investors assessed Anthropic's announcement of new AI tools and weighed President Donald Trump's shifting stance on trade tariffs..... [more]
European Market Report: European stocks were flat to slightly lower on Tuesday, with a resurgence in trade uncertainty coupled with artificial-intelligence disruption concerns keeping investors on edge..... [more]
Asian Market Report: Asian stocks ended mostly higher on Tuesday as traders evaluated the potential turbulence in the trade environment following the U.S. Supreme Court's ruling on reciprocal tariffs..... [more]
Former Reserve Bank governor Bernie Fraser has called for the scrapping of capital gains tax concessions and accused politicians and existing home owners of being part of a “cartel” that wants house prices to keep rising.... [more]
An “Extreme Land Wealth Levy” on only 4630 Australians would raise about $3bn per year to reduce stamp duty for new homebuyers under an explosive new proposal from a prominent Australian think tank..... [more]
The money problems each generation will face in the 2030s. Australia’s cost of living conversation usually focuses on short-term pressures..... [more]
The majority of business owners and employees are unaware of one of the “most significant changes to superannuation” which kicks in July 1. From July 1, businesses must pay superannuation every payday.... [more]
Industry superannuation funds have backed legislative amendments which will have the effect of giving primacy to default and stapled funds ahead of advertised alternatives..... [more]
DigitalX moves to deploy $30m as crypto valuations reset.... [more]
ETF Spotlight: Finding quality exposure to global equities. Worried about the AI bubble? Stretched valuations? Increasing market concentration? This ETF may be the answer..... [more]
Latest on lithium — an ASX investor’s guide to this year’s boom or bust trade. Lithium has a habit of humbling even the most seasoned investors..... [more]
Woodside Energy (ASX: WDS) delivered an operationally strong 2025 result, lowering costs and producing a record 198.8 million barrels, all while the company continues to advance its Scarborough, Louisiana LNG and Trion.... [more]
True North Copper has secured a $400,000 Queensland Government grant under the Collaborative Development Program (CDP) to probe old mine waste at its Mt Oxide copper project in Queensland..... [more]
Dreadnought Resources (ASX:DRE) has identified a seventh camp-scale prospect at the Mangaroon gold project in the Gascoyne region of Western Australia..... [more]
NextSource Materials closes $25M LIFE Offering to support UAE battery anode facility.... [more]
BMG Resources has sharpened its edge by hiring a seasoned mining executive as general manager to oversee project development and help steer the company’s Abercromby gold project in WA’s Agnew-Wiluna greenstone belt.... [more]
Viking Mines is charging ahead with its strategy to deliver the earliest possible tungsten production from its recently acquired Linka project in Nevada, USA,.... [more]
The property developer behind a startling proposal to build a Trump Tower on the Gold Coast is a businessman who has gone bankrupt twice.... [more]
Home Depot (HD) Beats Earnings Expectations Despite Sales Decline.... [more]
The former chief executive of ANZ Bank, Shayne Elliott, has ended his legal action against the bank after it denied him $13.5 million in bonuses following a string of regulatory woes at the big four giant..... [more]
The Finance Sector Union has blasted Commonwealth Bank Australia (CBA) for cutting 300 jobs, as Australia’s biggest bank announced a $90m plan for an AI-ready workforce..... [more]
High-speed train ticket between Newcastle and Sydney to cost $31 for one-hour journey from 2039. Rail line projected to cost taxpayers $61.2bn, with further line to Western Sydney international airport to cost extra $32.4bn.... [more]
Opinion - Elizabeth Knight: Has Kerry Stokes gone missing in action? The billionaire used to stick by his chief executives through thick and thin. But he seems to have approved of the ouster of former Seven boss Jeff Howard..... [more]
Analysis - Ian Verrender: Could Canada and Australia form a critical minerals supergroup? The timing couldn't be more exquisite. Next week, Canadian Prime Minister Mark Carney will address the Australian Parliament.... [more]
Comment/Analysis - Laura de Zwaan: What are your options if you can’t afford to repay your mortgage?.... [more]
Oil slips near seven-month highs as traders eye U.S.-Iran talks, inventories.... [more]
Supreme Court ruling against Trump’s tariffs is unlikely to mean an end to trade policy chaos.... [more]
Jefferies says the AI scare trade is overdone, and flags 6 stock picks set up to win as the panic fades.... [more]
Elon Musk's artificial intelligence company xAI has signed an agreement to allow the military to use its model, Grok, in classified systems, a Defense official confirmed.... [more]
Racing to Catch up With Nvidia, AMD Signs Chips-for-Stock Deal With Meta. The multibillion-dollar deal is AMD’s latest move to catch up to Nvidia in the lucrative world of selling artificial intelligence chips..... [more]
Anthropic CEO Dario Amodei is meeting with Defense Secretary Pete Hegseth today, as the Pentagon threatens the AI company with what could amount to a government blacklist..... [more]
Are China’s ‘AI tigers’ cheating? US rival Anthropic alleges some are.... [more]
Anthropic has become the master of sliding a blog post up and watching all hell break loose. The AI company has been one of the primary instigators of the sell-off ripping through tech stocks. Over the last month, the firm has.... [more]
IBM’s stock bounces. Analysts say the company won’t be so easily dismantled by AI..... [more]
Salesforce’s stock has been hit hard by AI fears. Can anything in its earnings report turn things around? Salesforce will try to flip the AI narrative with its earnings report Wednesday afternoon, but some on Wall Street think that.... [more]
Spirit Airlines plans to slash flights, fleet in bid to emerge from bankruptcy as early as spring.... [more]
Trump tariff pivot could benefit Brazil's Embraer, US airlines and aerospace industry.... [more]
Binance pledged to crack down on crime. But internal investigators at the world’s largest crypto exchange continued to find evidence of potential legal violations.... [more]
Meta executives testified in a Los Angeles courtroom earlier this month that while use of the company’s platforms could become problematic, it couldn’t be considered addiction. But inside the company, researchers have sought.... [more]
FedEx joins other US companies in seeking a refund after Trump tariffs are ruled illegal.... [more]
Warner Bros. Discovery Inc. is considering a new takeover bid from Paramount Skydance Corp., the latest salvo in a months-long battle for control of one of Hollywood’s most famed studios..... [more]
U.S. beverage maker Keurig Dr Pepper (KDP.O), projected strong full-year results on Tuesday, betting on a boost from the pending acquisition of Dutch coffee and tea maker JDE Peet's (JDEP.AS),.... [more]
A drop in the number of international students coming to the UK has hit the student housing provider Unite Group, which lowered its profit outlook for the third time in four months as weaker demand prompted it to cut rents.... [more]
UK confident its trade deal with US still stands despite latest Trump tariff move.... [more]
The parent firm of MoneySuperMarket has said it cashed in on a spurt of households switching their energy deals last year, helping offset weaker car insurance activity amid falling prices..... [more]
Bank of England's Bailey says March rate cut is 'genuinely open question'.... [more]
Chocolate bars are being locked in plastic boxes in some UK shops as retailers and police forces warn thieves are stealing them to order. Sainsbury's said it had begun using "boxes on products which are regularly targeted",.... [more]
Pascal Soriot, the chief executive of Britain’s largest pharmaceutical company, received a 6.4% pay rise last year, taking his total remuneration to £17.7m. The AstraZeneca boss is in line for a further increase this year.... [more]
Reddit has been fined £14.47m by the UK's data watchdog for unlawfully using children's personal information. The Information Commissioner's Office (ICO) said the platform failed to properly check the age of its users.... [more]
Beijing is encouraging equity investors to pursue representative action against unscrupulous listed or delisted firms in an apparent effort to bolster confidence in the country’s stock markets, as trading resumed on Tuesday.... [more]
Trump’s 15% tariff locks in US volatility risk for Asia. New blanket tariff may ultimately prove temporary but US policy risk is here to stay for export-oriented Asia.... [more]
Why China’s path to ‘financial superpower’ status could begin in Hong Kong. From the yuan’s growth as a global currency to IPO funding to tokenisation, the city is a linchpin in Beijing’s ambitions.... [more]
Slump in Singapore Airlines' profit masks strong operating performance.... [more]
India and France have revised a three-decade-old tax treaty, reducing dividend levies for large French investors while expanding Delhi's powers to tax some transactions. The changes could benefit major companies such as Sanofi, Renault.... [more]
Indian textile maker Gokaldas Exports (GOKL.NS), a supplier to Walmart, sees pressure on its core earnings margins easing in fiscal 2027 as lower U.S. tariffs under India's trade deal begin to provide relief.... [more]