Morning business roundup
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Australian Market Report: The S&P/ASX200 fell 16.3 points on Monday, down 0.18 per cent, to 9076, as the broader All Ordinaries slipped 22.9 points, or 0.25 per cent, to 9271.4..... [more]
U.S. Market Report: The main U.S. stock indexes slipped on Monday after military clashes between the United States and Iran drove up oil prices, stoking inflation fears after Fed Chair Kevin Warsh's hawkish remarks in his maiden Jackson Hole address.... [more]
European Market Report: European stocks closed lower on Monday, weighed down by concerns about inflation and global economic outlook, as oil prices moved up amid an escalation in tensions in the Middle East..... [more]
Asian Market Report: Asian stocks turned in a mixed performance on Monday as renewed Middle East tensions and Fed Chair Kevin Warsh's hawkish Jackson Hole remarks in the face of rising inflation risks sapped investors' appetite for risk..... [more]
Australia’s housing market slump continues, as higher rates, tax changes and cost of living pressures spook potential buyers. REA Group figures show the housing market has now entered its fifth straight month of decline.... [more]
Property data firm Cotality has released its monthly national Home Value Index (HVI) showing a 0.9 per cent fall in August. This marks the fifth straight month that Australian property prices have slipped..... [more]
An increasing number of Australian investors are looking to leave the country and move to Dubai to save on tax following the federal government’s controversial capital gains tax overhaul..... [more]
The 10 most overbought and oversold ASX 200 stocks .... [more]
“Expanding funnel of opportunity”: What investors can learn from 25 years of ETFs. State Street's Jonathan Shead on how ETFs have changed investing for Australians and why tokenised 24/7 trading is next..... [more]
The Australian Prudential Regulation Authority (APRA) says the secrecy provisions within its act preclude it from providing a key Senate committee with details of its findings on platform superannuation providers.... [more]
Australia will miss the economic benefits of the artificial intelligence (AI) boom unless businesses actually use the technology to make bigger changes, Treasury has warned..... [more]
88 Energy has pushed ahead with exploration across its sprawling 18,500-square-kilometre PEL 93 acreage in Namibia’s onshore Owambo Basin, with its joint venture (JV) partner now seeking a two-year licence renewal.... [more]
Waratah Minerals has strengthened the case for a westward extension of its Spur Zone gold discovery within its broader Spur project in NSW..... [more]
ASX-listed Aguia Resources is dusting off a massive phosphate project in Brazil, with a new government initiative aimed at weaning the agricultural powerhouse off imported fertiliser providing the perfect tailwind to revisit the asset..... [more]
Kalamazoo Resources has delivered spectacular results from drilling at its Mt Olympus deposit, part of the company’s 1.44-million-ounce Ashburton gold project in Western Australia’s Pilbara region..... [more]
Lac Gold reports further Rouyn gold project success in Canada.... [more]
Danish giant steps in to help break Australia’s wind farm drought. Danish investment giant Copenhagen Infrastructure Partners on Monday said it had acquired the Gawara Baya wind farm in North Queensland.... [more]
CSL’s (ASX:CSL) earnings result was not particularly impressive on the surface. Underlying earnings fell 2%, while a USD 7.1 billion impairment charge pushed statutory earnings into the red..... [more]
Qantas ground crews vote in favour of industrial action over pay and safety conditions.... [more]
Endeavour Group Ltd (ASX:EDV) shares have edged higher after chief executive Jayne Hrdlicka bought around $1 million worth of stock following last week’s sharp post-results sell-off..... [more]
Administrators of major property developer Bathla Group have warned that the business does not have enough money to survive until the end of this week unless it secures urgent funding to pay staff..... [more]
Kingsgate Consolidated Shares Continue To Outperform, Adding 37% In August.... [more]
PEXA Shares Start Week Strong, Bulls Remain Under Pressure.... [more]
Hundreds of University of Sydney staff will walk off the job over stalled enterprise agreement talks covering job security and AI protections. The campus has urged non-union staff and students to work and study from home.... [more]
Inside the gift card tampering scam spreading nationally. An ABC investigation has discovered gift cards that have been tampered with are being sold by Australia’s biggest supermarkets, with charges even being laid over the issue..... [more]
Opinion - Clancy Yeates: Oil giant’s retreat on clean energy shows limits of investor pressure.... [more]
Opinion -Kishor Napier-Raman: How Australia’s social media ban loomed over Meta’s $24b settlement. Meta got off lightly last week in the United States when it settled a lawsuit over allegedly getting a generation of teens addicted.... [more]
Analysis - Aaron Teboneras: Reporting season is over. Here are 5 big lessons ASX investors should take away. Here's what stood out during this month's reporting season..... [more]
The price of oil rose and stocks fell on Wall Street Monday after the U.S. launched its first military action in a month against Iran..... [more]
G20 host US pushes growth agenda to allay debt market concerns.... [more]
The head of the world’s financial stability watchdog warned on Monday of the serious risk posed by advanced AI models to the global financial system. In a letter to finance ministers and central bank governors for G20 countries,.... [more]
A jump in oil prices after renewed hostilities in the Iran war is pushing bond yields higher, and mortgage rates are following suit. The average rate on the 30-year fixed loan jumped 6 basis points on Monday to 6.87%,.... [more]
At Jackson Hole, global central bankers glimpse dystopian AI future.... [more]
Treasury Secretary Scott Bessent made a case for lighter financial regulation at the G20 finance ministers gathering Monday, arguing to CEOs that post-crisis rules have squeezed small banks, according to remarks first shared with Axios..... [more]
A U.S. judge said the former parent of Silicon Valley Bank cannot pursue a $1.71 billion claim against the FDIC stemming from the bank's March 2023 collapse, one of the largest U.S. bank failures..... [more]
AWS and Azure launch private multicloud connectivity service.... [more]
PG&E, other utility stocks sink as California leaves investors exposed to wildfire liability.... [more]
California's state legislature last week passed a bill to restrict private equity investment in litigation firms, but it appears to have the bite of a goldfish..... [more]
Meta’s stock looks too cheap, analysts say. Why it’s now set up for a Google-style rally. Alphabet’s stock took off last year after the company got a legal settlement out of the way, and now Meta’s stock is looking at a similar setup.... [more]
Kalshi permanently bans George Santos over State of the Union bets.... [more]
After months of speculation about his future on the radio, Howard Stern has signed a new contract with SiriusXM. Stern announced his new deal with the satellite radio giant on his show Tuesday morning..... [more]
The U.S. Federal Trade Commission on Monday sued Amazon.com (AMZN.O), with more than 20 U.S. states joining the lawsuit, according to court records. The agency planned to file a lawsuit, alleging Amazon manipulated prices.... [more]
Toyota and Honda may get stuck with the bill for Trump’s Canada tariffs.... [more]
Pabst Brewing Company has turned to social media for help locating thousands of cans of its Blue Ribbon beer taken from a distribution centre in California. "STOLEN," the company announced. "To the thief: we don't fault you.... [more]
Europe's central bankers are leaving an annual getaway with their U.S. counterparts far from reassured that long-standing norms in global cooperation remain intact and worried that more turmoil is ahead.... [more]
The London office, the empty boxes and the £1bn tax loophole. How a court case over an unoccupied office block could end a widely used tax avoidance scheme.... [more]
BT is on track for an estimated £2bn-plus windfall over the next decade from selling off old copper cabling, as it cashes in on soaring prices amid the AI market frenzy and switches the UK’s network to full-fibre broadband..... [more]
Swiss bankers expect SNB to keep rates on hold in 2026 and 2027.... [more]
A former top European Union official has struck a bullish tone on the outlook for China-EU trade talks, saying he expects progress in the coming months..... [more]
China’s visa-free boom is rewriting inbound tourism. Visa-free entries jumped 30% in early 2026, driven by rule changes most global travelers haven’t yet registered.... [more]
Shanghai Enflame Technology Co (688801.SS), a Chinese AI chipmaker backed by Tencent, said on Monday it expects to raise 6.1 billion yuan ($907.78 million) in its Shanghai initial public offering after setting its IPO price at 142.18.... [more]
Shein Global Holdings Ltd. shares fell as much as 17% in gray market trading ahead of the company’s formal debut on the Hong Kong stock exchange on Tuesday..... [more]
Japanese automakers Nissan and Honda entered a deal to jointly develop computer parts and software for vehicles set to enter the market in fiscal 2029, both sides said Monday..... [more]
Indonesia’s commodity exchange bid won’t work without global trust. Jakarta seeks to end decades of being a commodity price taker, yet market power alone doesn’t guarantee global pricing power.... [more]
Adani Shares Lose $15 Billion as Closing Auction Fuels Swings.... [more]