Pacific Perspectives
Santos CEO mixes business and pleasure at the Wallabies
The last-minute try that saw the British and Irish Lions beat the Wallabies on Saturday will leave rugby fans with sore necks. It wasn’t just the dubious nature of it, but the fact the locals…
ASX to slip as investors brace for big week in markets
Investors are bracing for a week of corporate earnings, a US Federal Reserve board meeting and a key quarterly inflation report that risks triggering a sell-off in the sharemarket that is near record levels. Futures…
‘Spectacular’ $A rally could extend on Trump-China deal
The Australian dollar will continue its surprise rise against the greenback if Trump administration officials extend a trade truce with China early next week, supported by an unlikely resurgence in the iron ore price. That…
Stock futures rise as U.S.-EU trade deal kicks off a hectic week for markets: Live updates
U.S. equity futures rose on Sunday evening as Wall Street prepared for an especially busy week that’ll bring earnings from several major tech companies, a key Federal Reserve meeting, President Donald Trump’s Aug. 1 tariff deadline and…
Stocks making the biggest moves midday: Tesla, IBM, Union Pacific, American Eagle Outfitters and more
Union Pacific, Norfolk Southern — Union Pacific said it was in advanced talks about a potential combination with Norfolk Southern, which would create the largest U.S. railroad. Union Pacific shares fell 4.5%, while Norfolk Southern slipped less than 1%.…
Santos’ $6.1b gas project on track as investors await bid news
Positive progress on two new oil and gas projects and better-than-expected quarterly sales have buoyed takeover target Santos despite a marginal downgrade to full-year production. Santos, the subject of a $36.4 billion takeover bid led…
Australia’s great CEO reshuffle isn’t slowing down
The relentless pace of change at the top of Australia’s biggest companies shows no signs of slowing, with Car Group chief executive Cameron McIntyre the latest to announce his departure on Thursday. The stock of…
ASX to fall; Qantas exec to become KMD Brands CFO
Australian shares are poised to open lower after Wall Street faltered, with Tesla falling more than 8 per cent as Elon Musk forecast a tough outlook. “The slow-motion melt-up continues,” said Wall Street veteran Ed…
Stock futures are little changed after S&P 500, Nasdaq score another record close: Live updates
Stock futures were relatively unchanged on Thursday after the S&P 500 and Nasdaq Composite reached another record closing high. S&P 500 futures traded up 0.1%, along with Nasdaq 100 futures. Futures tied to the Dow Jones Industrial Average likewise rose 66 points, or…
S&P 500 futures are little changed after Alphabet, Tesla post earnings: Live updates
S&P 500 futures were little changed on Wednesday night after the benchmark notched another record close, fueled by hopes for progress on trade deals. Futures tied to the index climbed 0.1%, while Nasdaq 100 futures were 0.3% higher. Futures…