Pacific Perspectives

Activist investor Standard Investments has halved its stake in London-listed Johnson Matthey after a six-month campaign that forced the British specialty chemicals company into a major overhaul. Standard’s total holding fell to 4.75% from a previously disclosed…

Macquarie’s sales desk in Hong Kong has told clients the Abu Dhabi government-backed oil company which has lobbed a $36.4 billion takeover bid for Santos could walk away to avoid embarrassment because Treasurer Jim Chalmers…

Three major banks have signed up to trial digital payment and settlement systems as part of a Reserve Bank of Australia-led project to test how blockchain infrastructure could improve transaction processing. Commonwealth Bank will work…

The Australian sharemarket is set to open higher, tracking modest gains in New York where the S&P 500 reset its record high as it edged closer to the 6300-point level. The benchmark closed up 0.3…

U.S. equity futures were little changed Thursday evening after investors continued piling into risk assets, sending the S&P 500 and Nasdaq Composite to new closing records. Futures tied to the benchmark S&P 500 edged higher by 0.04%. Nasdaq…

Global stocks have surged to unprecedented levels in the first half of 2025, even as U.S. President Donald Trump’s tariff salvos ripple across the globe. Here are the top winners and losers globally, as well…

Australia’s biggest coal power generator, AGL Energy, has acquired a newly approved solar storage project in South Australia, deepening its commitment to a promising but early-stage storage technology that can provide energy from the sun…

Tesla is slipping further behind Chinese electric car making rival BYD with new global sales data showing the Elon Musk-led manufacturer’s market share fell across the world including in its North American stronghold. The figures,…

Australian shares are poised to rise, bolstered by broad gains in New York where Nvidia became the first company to trade above the $US4 trillion ($A6 trillion) valuation mark. Nvidia rose 1.8 per cent on…

Stock futures were relatively unchanged on Wednesday evening after the S&P 500 recouped some of its losses from this week’s tariff-fueled slide. S&P 500 futures traded just above the flatline, along with Nasdaq 100 futures. Futures tied to the Dow…