Market Reports

• Australian Market Report: The Australian sharemarket broke its three-day losing streak and closed in the green; the S&P/ASX 200 rose 12.60 points, or 0.2 per cent, to 8592 on Thursday..... [more]

• U.S. Market Report: Wall Street's tech‑heavy Nasdaq slid to a one‑week low on Thursday, as renewed jitters over Oracle's aggressive AI spending spree drowned out optimism sparked by a softer, less hawkish Federal Reserve..... [more]

• European Market Report: The major European markets moved slightly higher after a cautious start on Thursday as investors digested the Federal Reserve's interest rate decision and Fed Chair Jerome Powell's comments post the monetary policy meeting..... [more]

• Asian Market Report: Asian markets witnessed weak sentiment in Thursday's trading as markets digested the Fed's widely expected rate cut, the forward guidance for 2026 and beyond, as well as the extent of dissent in the FOMC decision..... [more]

Australian Business News

• Australia's unemployment rate held steady in November at 4.3 per cent, in seasonally adjusted terms. But the underemployment rate jumped from 5.7 per cent to 6.2 per cent, its highest in more than 12 months..... [more]

• Taxing the family home and diluting capital gains tax concessions will bring down house prices but hurt renters, a housing academic says. A person’s principal place of residence has been exempt from the capital gains tax.... [more]

• The financial regulator has slapped extra licence conditions on the super fund HESTA, citing concerns about its risk management and governance during a recent technology change that left members in the dark..... [more]

• ACCC opposes sale of RAC WA's insurance arm to Sydney-based IAG.... [more]

• 2 stocks to Buy in the ASX's worst-performing sector. Healthcare has been on life support throughout 2025, but there's signs of revival. .... [more]

• Brazilian Rare Earths shares spiked 17% to $4.34 following the release of a promising scoping study for its Amargosa Bauxite-Gallium Project, highlighting significant economic potential and operational efficiency..... [more]

• Norfolk Metals has taken stock of initial assays from its maiden drilling program at the company’s Carmen project in Chile’s copper-rich Huasco Province..... [more]

• Lindian Resources has shifted its Kangankunde rare earths project into high gear after awarding all major non-process infrastructure (NPI) contracts, clearing the decks ahead of full-scale mine construction in Malawi..... [more]

• Beetaloo Energy has cleared the last hurdle to development at its Carpentaria pilot project in the Northern Territory, taking a final investment decision (FID) on commercialisation and clearing the way to first gas flows.... [more]

• The Federal Court has heard a First Nations elder's disclosure of a "sensitive" Dreaming story was a "very difficult process" that resulted in a gold mine being halted. Tiffany Wong SC today defended.... [more]

• DroneShield Shares (ASX:DRO) Continue Lower, Erasing Billions in Market Value.... [more]

• Ovanti Ltd (ASX:OVT) has knocked a second deal out of the park in Week 50 of the year, signing up US-based Ticketek competitor The Ticketing Co (TTC) onto its BNPL app Flote.... [more]

• Mayne Pharma terminates $672M Cosette deal, says no break fee owed.... [more]

• After harnessing AI for a second look at its phase II ischaemic stroke study that disappointed investors, Argenica Therapeutics (ASX:AGN) is planning a more focused follow-up study..... [more]

• Myer boss Olivia Wirth reports strong sales as she reveals Solomon Lew’s return date to the board.... [more]

• Two discount megamarts described as “real-life Temu” have been forced to shut after a consumer watchdog found they were selling hundreds of illegal items. South African chain Panda Mart .... [more]

• Retailers White Fox, Grill’d, MJ Bale face major fines under ASIC crackdown.... [more]

• A bookkeeper who stole more than $160,000 from a local business where she had worked for seven years has avoided an immediate term of imprisonment. The Albany Magistrates Court heard Karen Anne Webb, 61,.... [more]

• Comment - Mike Taylor: Why platform-based super matters.... [more]

World Business News

• 'Big Short' investor Michael Burry says the latest Fed meeting points to trouble in the banking system.... [more]

• Elizabeth Warren says both bids to buy Warner Bros. Discovery are bad for consumers.... [more]

• The Trump administration began accepting applications for the Trump Gold Card on Wednesday, offering a pay-to-play option for foreign nationals wanting to speed up their path to American residency..... [more]

• Robinhood stock drops as trading volumes decline.... [more]

• Oracle just raised a fresh red flag for investors worried that tech companies are getting ahead of themselves when it comes it their massive capex spending..... [more]

• Oracle Corp. shares plunged by the most since January, erasing more than $100 billion in market value, after the company escalated its spending on AI data centers and other equipment,.... [more]

• Walt Disney Co. is licensing iconic characters including Mickey Mouse and Cinderella to OpenAI for use on its artificial intelligence video platform and has agreed to take a $1 billion stake in the startup..... [more]

• Adobe’s AI-driven earnings beat is not enough to boost the stock. The software company says its record fiscal 2025 results reflect global attention and use of its AI tools.... [more]

• Investors welcomed reports that SpaceX was mulling a potential IPO that would help fund Elon Musk's Mars ambitions and value the rocket and satellite company at more than $1 trillion, as some have been waiting for years.... [more]

• Open AI, Microsoft face lawsuit over ChatGPT’s alleged role in Connecticut murder-suicide.... [more]

• Rivian unveils custom chip and autonomy platform at AI event.... [more]

• Coca-Cola Chief Operating Officer Henrique Braun will succeed James Quincey as CEO next year, the company said Wednesday, as Coke and its rivals navigate tepid consumer demand for soft drinks..... [more]

• Canada posts a trade surplus in September, beating expectations of a deficit.... [more]

• Mexican lawmakers have approved a package of new tariffs, impacting hundreds of products, many of which come from China. The measures, which President Claudia Sheinbaum has said are needed to boost domestic production.... [more]

• Britain slipping down global league table for youth employment, says report. PwC warns that future of a generation is at risk and that jobs crisis is costing UK economy up to £26bn a year.... [more]

• Lucky Strike and Dunhill firm British American Tobacco (BAT) has said it is seeing signs that US government efforts to crack down on illicit vapes is helping demand recover for its Vuse brand in America as smokeless products drive growth.... [more]

• UK pharma boss says US is the best country to invest in.... [more]

• Foreign shareholders of Italy's central bank should not be able to claim rights over the country's gold reserves, Prime Minister Giorgia Meloni's nationalist party said in an internal document, amid a mounting spat.... [more]

• China signaled it will maintain economic support but refrain from ramping up stimulus next year, underscoring a shift from defending against US tariffs to securing growth in the longer term..... [more]

• Chow Tai Fook Enterprises (CTFE), the parent company of embattled Hong Kong developer New World Development (NWD), is selling Australian utility Alinta Energy to a Singapore-based group for A$6.5 billion (US$4.3 billion)..... [more]

• Tokyo’s Truss-moment flirtation augurs poorly for Takaichi’s 2026. Focusing more on a war of words with China than on economic retooling suggests she, like UK’s Truss, will be a short-timer.... [more]

• Hong Kong scion Adrian Cheng signs Dubai retail partnership with group headed by royal.... [more]

• The Reserve Bank of India on Thursday injected Rs 50,000 crore liquidity through Open Market Operation (OMO) purchases of government securities. Against the notified amount of Rs 50,000 crore,.... [more]

• India cenbank eases restrictions on cash credit accounts, eases current account norms.... [more]

• Opinion - Elizabeth Knight: Master of the universe: Musk wants to take data centres to space. He’s already the world’s richest man. His latest move is making Elon Musk look increasingly like the poster boy for.... [more]

• Explainer - Jillian Ambrose: Will net zero really cost UK households £500 a year? An official report lays out different scenarios for the cost of transitioning away from fossil fuels to net zero by 2050.... [more]