Morning business roundup
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Australian Market Report: The Australian sharemarket closed flat on Friday, after global sharemarkets rallied during the week amid growing hopes the US Federal Reserve will cut interest rates next month. The S&P/ASX 200 ended the day 3.2 points lower at 8614.10.... [more]
U.S. Market Report: With traders returning to their desks following the Thanksgiving Day holiday on Thursday, stocks extended their pre-holiday rally during trading on Friday. The major averages all moved to the upside on the day, closing higher.... [more]
European Market Report: Despite a sluggish spell early on in the session, European stocks closed higher on Friday, gaining some strength gradually past noon..... [more]
Asian Market Report: Asian stocks turned in a mixed performance on Friday as Chinese industrial profits data disappointed and China Vanke proposed delating repayment of an onshore bond, rekindling worries about China's property market..... [more]
Australia’s $4.3 trillion superannuation system is under the microscope as experts warn that poor information is leaving many retirees exposed to financial stress and inequity. The concern follows a recent ASIC report .... [more]
Aussies forecast to spend $804 each during Black Friday sales.... [more]
The ASX 200 Information Technology Index has plummeted 22% from its September peak, affected by overvalued tech stocks undergoing a sharp sector rotation and rising Australian bond yields.... [more]
ASX 200 steady as silver stocks surge – silver price edges towards multi-decade high.... [more]
Confidence remains in WA iron ore industry despite forecast royalty drop.... [more]
Rubidium is coming in thick and fast at Everest Metals’ Mt Edon asset in WA, reinforcing the case for a larger resource footprint and pushing the company into expansion mode..... [more]
Shares in European Metals Holdings are on a tear after Czech Republic’s government allocated up to €360 million ($638m) for the West Perth company’s lithium project..... [more]
Litchfield launches new geophysics to refine NT copper-zinc find.... [more]
Red Mountain Mining (ASX:RMX) has unveiled its latest assays from its Armidale project in NSW, sending shares over +6% higher as the company reports potential for a major antimony-gold system on-site,.... [more]
Corazon Mining has cleared a major hurdle at its exciting Two Pools gold project in Western Australia’s Gascoyne region, with its two core tenements now formally granted.... [more]
ASX-listed ClearVue Technologies has inked a major deal with its official strategic licence partner, Johannesburg-based Concept Business Group, to upgrade two 10-storey commercial towers in South Africa..... [more]
Perth-based medtech playerSingular Health Group has formally submitted a 510(k) notification to the US Food and Drug Association (FDA) to sell its innovative cloud based “3DICOM” imaging technology.... [more]
Monash IVF will have a greater obligation to check the biological origin of embryos following highly-publicised mix-ups, under conditions imposed by Victoria's health regulator..... [more]
Percheron Therapeutics targets one of oncology’s toughest problems: Why immunotherapy still falls short.... [more]
Shares in $2.3 billion travel group Corporate Travel Management will remain suspended until at least 2026 after it admitted its UK accounts contained serious errors that saw key clients overcharged..... [more]
Comment - James Marlay: The grass is always greener on the other side Veteran journalist Alan Kohler argues the ASX’s modest, stable returns beat the volatility of US tech-led booms..... [more]
Opinion - Colin Kruger: Rinehart hates renewables, but her green metals bets are booming. The mining magnate loathes the push for sustainable energy, so why is she one of the most successful investors this year.... [more]
Analysis - Ian Verrender: Why the banking regulator is targeting property investors.... [more]
Black Friday consumers go online, rather than stand in line.... [more]
What bubble? The analysts and investors making the bull case for AI.... [more]
Apple and nine more tech companies that have treated their shareholders like gold. The iPhone maker leads the way for the sector in terms of dollars spent on stock buybacks..... [more]
Could this finally be Sears’ last Black Friday?.... [more]
Alphabet’s stock has rallied over the past several months, and calling it technically overbought is an understatement. But is that actually a bad thing for those who already own the stock?.... [more]
Starbucks workers' union expands strike to more stores on Black Friday.... [more]
American Airlines says Airbus software issue to impact 340 aircraft.... [more]
What a federal ban on THC-infused drinks and snacks could mean for the hemp industry.... [more]
Canadian Prime Minister Mark Carney has signed a deal with the province of Alberta that opens the door for an oil pipeline to the Pacific - a project long pushed for by Canada's oil heartland but which faces significant hurdles..... [more]
EU members seek safeguards in US tariff deal to protect industry.... [more]
Britain’s wealthy must shoulder the burden of paying to rebuild the UK’s “creaky” public services, Rachel Reeves has said, as she warned Labour MPs that leadership speculation was bad for the country..... [more]
Asda hits out at government for ‘killing confidence’ among consumers.... [more]
The Spanish football giant Barcelona has told fans it has "no connection whatsoever" with the digital coin offered by its new crypto partner, following criticism over the deal..... [more]
German Lawmakers Back 2026 Budget With €98 Billion in Net Debt.... [more]
Italy’s fashion house Armani said on Friday that it has appointed a new board whose role will be to guide the company at a time of transition following the death of its founder Giorgio Armani earlier this year..... [more]
Will China’s property turmoil hit equities?.... [more]
A fierce war of words has erupted between Dutch chipmaker Nexperia and its Chinese owner, Wingtech Technology, after China and the European Union signalled that their dispute should be resolved at the corporate level..... [more]
South Korea’s grand plan to join the AI big time. S Korea is well behind the AI times but a public-private push with help from Nvidia could quickly change all that.... [more]
Singapore state investor Temasek Holdings Pte is in advanced talks to buy a stake in Quest Global Services Pte, a deal that will value the engineering services firm at $4.6 billion, according to people with knowledge of the development..... [more]
New survey shows Alibaba is the best China AI enabler: Morgan Stanley.... [more]