Pacific Perspectives
Amazon tops 100 satellites after weather-delayed Kuiper launch
Amazon shipped another batch of internet-beaming satellites into orbit on Monday atop a SpaceX Falcon 9 rocket, after four previous launch attempts were interrupted by weather issues. Monday’s launch is the fourth Kuiper mission, and Amazon now has 102 satellites…
ADNOC has ‘substantially completed’ work on Santos bid, wins extension
Abu Dhabi National Oil Company and its partners have secured an additional two weeks to finalise their $36.4 billion takeover bid for Santos. The extension until August 22 comes amid persistent speculation over whether the Middle Eastern…
How low will they go? Economists predict end of RBA rate cut run
The Reserve Bank of Australia is almost certain to lower the cash rate to 3.6 per cent on Tuesday, but economists say weak productivity growth, low unemployment and rising government spending mean only one or…
ASX to slip ahead of RBA call, Wall St awaits July CPI data
Australian shares are poised to open lower, amid modest weakness in New York as the rally from April’s lows lost momentum pending Tuesday’s US July consumer prices report. President Donald Trump signed an executive order…
Stocks finish lower as traders look ahead to CPI data: Live updates
Stocks fell Monday as traders braced for key U.S. inflation reports due out later in the week and largely ignored a positive development in the tariff saga. The Dow Jones Industrial Average slipped 200.52 points, or 0.45%, and settled…
Top Wall Street analysts recommend these dividend stocks for steady income
The Trump administration’s fluctuating trade policies add uncertainty into the economy, but investors seeking stable income can look at dividend stocks to bolster their portfolios. To this end, the recommendations of top Wall Street analysts…
This markets veteran worries AI is pushing us to breaking point
Matt King has had a long and distinguished career at Citi trying to make sense of global credit markets for the bank’s clients. He was among the highest profile analysts covering an asset class that only tends…
Why investors should be worried if Powell blinks early on rates
Ever since the US federal funds rate reached 5.5 per cent in response to generationally high inflation, we’ve expressed concern about the risk of a policy error should the US central bank blink by prematurely…
S&P 500 rises, Nasdaq closes at record Friday as Apple shares rally: Live updates
Stocks rose on Friday, led by the tech sector, as the major averages ended the week with solid gains. The Nasdaq Composite jumped 0.98% for a record close of 21,450.02. The tech-heavy index hit a fresh all-time…
Swiss stocks decline as officials head to the U.S. to negotiate tariffs
Swiss stocks declined on Wednesday as the country’s President and economic minister were meeting U.S. government officials in an attempt to lower the 39% tariffs imposed by President Trump. The Swiss Market Index fell 0.9% despite a…