Market Reports

• Australian Market Report: The Australian sharemarket closed sharply higher on Friday.The S&P/ASX 200 was up 105.3 points, or 1.2 per cent, to 8697.3 at the close.... [more]

• U.S. Market Report: Following the mixed performance seen during Thursday's session, stocks showed a significant move to the downside during trading on Friday. The major averages all moved lower,.... [more]

• European Market Report: The major European markets finished in the red on Friday, unable to hold early gains and slumping late in the trading day..... [more]

• Asian Market Report: Asian stocks rallied on Friday after the U.S. Federal Reserve delivered an outlook that was not as hawkish as some had anticipated..... [more]

Australian Business News

• We eye the Fed’s economic and interest rate projections given market pricing of more rate cuts next year. We also eye delayed U.S. labor and wage data..... [more]

• Treasurer Jim Chalmers has remained tight-lipped on whether Australia’s deficit will be reduced in the mid-year budget update, while spruiking Labor’s $20bn savings plan. While the Treasury forecast a $42b deficit for 2025-26.... [more]

• National Australia Bank chief warns productivity crisis threatens Australian living standards.... [more]

• A second consecutive double-digit calendar year for superannuation fund returns is now “unlikely”, SuperRatings director Kirby Rappel says, after a weak November pulled performance into negative territory..... [more]

• The taxman and strata bodies are responsible for more than a quarter of all forced bankruptcies, with new figures showing private schools are also using the measure to recover debt..... [more]

• Will the Australian market outperform the US? Making trade-offs between two different markets..... [more]

• 3 Aussie passive income stocks delivering decades upon decades of dividends.... [more]

• Intangible assets aren’t as valuable as bulls assume.... [more]

• Record gold prices drive investment in exploration across Australia.... [more]

• ASX-listed mining heavyweight IGO has doubled down on its push into Venus Metals’ Bridgetown-Greenbushes lithium play, electing to roll straight into Stage 2 of the farm-in with a fresh $3 million exploration commitment..... [more]

• GreenX Metals (ASX:GRX) has activated an option to secure control of the Tannenberg Copper Project in Germany, declaring the “potential is enormous” at the 1,900km² licence area as it continues to dig for copper..... [more]

• Estrella Resources has delivered another set of exceptional assay results assaying up to 58 per cent manganese from its Ira Miri prospect, 10 kilometres west of Bauro in Timor-Leste,.... [more]

• An offshore gas well owned by billionaire businessman Kerry Stokes’ Seven Group Holdings conglomerate has been leaking methane into the ocean off the Victorian coastline for more than two years. The Longtom gas field.... [more]

• Encouraging assays from reconnaissance rock chip sampling has expanded the range of critical minerals at Heavy Rare Earths’ Radium Hill project in South Australia. While strong uranium grades were returned from the sampling.... [more]

• Australia’s peak retail body has slammed Labor’s new excessive pricing ban, saying it risks driving the prices of groceries up amid an affordability crisis. Unfair grocery pricing will become illegal under the new laws,.... [more]

• Coles and Woolworths hit back at government's price gouging ban.... [more]

• Australia’s competition watchdog eyes Warner Bros mega deal. Australia’s competition watchdog is likely to closely scrutinise two potential media deals – either of which could be the biggest of all time.... [more]

• Opinion - Clancy Yeates: Faster isn’t always better. Our super system needs ‘speed bumps’. It’s normally assumed that allowing people to move their money around quickly is a good thing..... [more]

World Business News

• Wall St Week Ahead Investors eager for delayed data to shed light on US economy.... [more]

• Kevin Warsh’s odds of becoming Fed chair leap higher as Dimon signals support. President Trump said he was leaning toward choosing either Warsh or Kevin Hassett to succeed Fed Chair Jerome Powell.... [more]

• OCC conditionally approves 5 crypto firms for national trust bank charters.... [more]

• Wall Street Sees AI Bubble Coming and Is Betting on What Pops It..... [more]

• Nvidia (NVDA.O), has told Chinese clients it is evaluating adding production capacity for its powerful H200 AI chips after orders exceeded its current output level, according to two sources briefed on the matter..... [more]

• Ross Gerber, an early backer of Tesla, is worried about the future of Elon Musk's car company. Gerber doesn't hold back about what he thinks is the EV maker's biggest issue: its autonomous driving technology..... [more]

• Rivian Automotive impressed Wall Street on Thursday with its plans for artificial intelligence, automation and an internally developed silicon chip, but significant challenges involving demand and capital remain.... [more]

• Alphabet Poised for Another Paper Gain as SpaceX Valuation Jumps.... [more]

• SpaceX insider share sale sets $800 billion valuation amid possible IPO, letter shows.... [more]

• Broadcom is the latest victim of investors punishing high-flying AI companies. The chipmaker tumbled 8% as investors took in its stellar results for the last quarter, but were left disappointed by certain aspects of the company's outlook..... [more]

• U.S.-U.K. Trade Deal Hits Stumbling Block. The U.S. government has paused a tech-focused trade pledge with Britain over broader disagreements about Britain’s digital regulations and food safety rules..... [more]

• The UK's economy shrank unexpectedly in the lead up to the Budget, according to the latest official figures. The economy contracted by 0.1% in October, the Office for National Statistics (ONS) said,.... [more]

• Delivery giant Evri has launched a significant recruitment drive, aiming to fill 2,500 new positions across its operations throughout the UK. This substantial expansion follows the company's merger with rival DHL’s UK ecommerce business.... [more]

• Daily Mail owner secures funding for £500m takeover of Telegraph. Details of financing structure to be reviewed by culture secretary and regulators before deal can proceed.... [more]

• Humanoid robot maker Unitree Robotics has teased what it calls the world’s first humanoid robot “app store”, a developer platform designed to bring embodied intelligence into everyday life.... [more]

• Here’s what to watch out for in the Bank of Japan’s latest interest rate decision.... [more]

• Big tech bets big on AI - but can India keep pace in the global race? This week, tech giants Amazon and Microsoft pledged an eye-popping $50bn-plus combined investment in India, putting artificial intelligence (AI) in the spotlight..... [more]

• India's November retail inflation rises to 0.71%.... [more]

• Analysis - David Goldman: Trump says he’s making America’s economy great again. He’s addressing the wrong problem. For many people, the economy is a simple equation: paychecks minus expenses..... [more]