Pacific Perspectives
Panicked investors rush to uranium stocks to beat price spike
Investors are piling into the Australian sharemarket’s uranium sector in an attempt to front-run a spike in prices as the world’s largest physical uranium fund readies a war chest to splurge on the nuclear fuel.…
Brokers and investors collide on these four ASX stocks
As the Australian sharemarket hit a record high this month after the tariff-induced market rout, stocks from Commonwealth Bank to JB Hi-Fi have also forged new peaks, defying brokers that are telling clients to sell…
ASX to open lower; Wall Street sinks as Trump threatens Iran
Australian shares are poised to open lower as Wall Street took fright from an escalation of the Israel-Iran conflict with Donald Trump demanding an “unconditional surrender” from Iran. The S&P 500 was down nearly 1 per cent…
Stock futures slip ahead of the Federal Reserve’s rate decision: Live updates
U.S. stock futures inched lower on Tuesday night, as traders brace for the Federal Reserve’s rate policy decision due Wednesday afternoon. Futures tied to the Dow Jones Industrial Average slipped 99 points, or 0.2%. S&P 500 futures shed…
Federal Reserve is likely to hold interest rates steady this week. Here’s what that means for your money
Political pressure is mounting against the Federal Reserve Chair Jerome Powell, and yet the Fed is expected to hold interest rates steady at the end of its two-day meeting this week. Despite a wave of recent attacks on Powell from President Donald…
Oil price shock could ‘trigger market meltdown’
The Reserve Bank of Australia will look through any temporary spike in inflation caused by higher oil prices, as economists warn that an escalation of the war between Israel and Iran could trigger a financial…
Fears new fees could kill takeover deals
Investors have warned that new fees to have mergers and acquisitions assessed by the competition watchdog will cause takeover deals to be abandoned and undermine a productivity push by Treasurer Jim Chalmers. The higher-than-expected fees…
ASX to edge up; Wall Street recovers as oil threat recedes
The Australian sharemarket is poised to edge higher at the open, tracking gains on Wall Street as oil and gold fell after concerns subsided that Israel’s war against Iran would escalate into a wider conflict.…
Stock futures fall as investors eye Israel-Iran conflict: Live updates
Stock futures were lower on Monday evening as investors continued to monitor the conflict between Israel and Iran. Futures tied to the Dow Jones Industrial Average slipped 77 points, or 0.1%. S&P 500 futures slipped 0.2%, alongside Nasdaq 100 futures.…
Amazon reorganizes health-care business in latest bid to crack multitrillion-dollar market
For the better part of a decade, Amazon has been trying to carve its way into the U.S. health-care market, through billions of dollars worth of acquisitions, big-name hires and high-profile partnerships. It’s been a slog at…