Pacific Perspectives

Pacific Perspectives 12 Jun 2026

Oil tanker CEO sees Hormuz ship traffic quickly increasing if U.S. and Iran reach a deal

Source: https://www.cnbc.com/2026/06/11/iran-strait-hormuz-oil-tanker-traffic-frontline.html

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Pacific Perspectives 12 Jun 2026

High roller’s son sparked regulatory concerns after bank investment

Australia’s prudential regulator raised serious governance concerns over a start-up bank’s handling of a multimillion-dollar investment by the son of a casino high-roller. A confidential report by Grant Thornton, obtained by The Australian Financial Review, reveals…

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Pacific Perspectives 12 Jun 2026

ETF giants rush to pounce on SpaceX hype with new funds

The race is on for exchange-traded fund providers to launch products before Elon Musk’s blockbuster SpaceX IPO at the end of the week as they look to capitalise on the enormous demand from retail investors…

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Pacific Perspectives 12 Jun 2026

ASX to rise, Wall St surges on peace deal

Australian shares are set to open sharply higher, tracking a surge in New York after US President Donald Trump said in a social media post that “all parties” involved in the Middle East conflict approved…

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Pacific Perspectives 12 Jun 2026

Stock futures tick higher as Wall Street gears up for SpaceX’s historic IPO: Live updates

U.S. stock futures were little changed on Thursday night as traders looked ahead to SpaceX’s historic initial public offering on Friday. S&P 500 futures added 0.2%, and Nasdaq 100 futures rose 0.2%. Futures tied to the Dow Jones Industrial…

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Pacific Perspectives 11 Jun 2026

Volatility surge has trader eyeing one ‘stable’ stock

With semis whipping around on every AI headline and index volatility spiking, I’m looking for a counterpoint, a stable, cash-generating business where I can sell volatility instead of buying drama. Cigna (CI) fits the bill —…

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Pacific Perspectives 11 Jun 2026

Northern Star admits to takeover bids amid activist investor pressure

Under fire gold miner Northern Star Resources has admitted that its dismal share price performance sparked multiple takeover or merger approaches over the past year, and agreed with an activist investor’s criticism that it needs…

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Pacific Perspectives 11 Jun 2026

Investors split on Sigma’s $14b Boots bid amid fears of UK expansion

Sigma Healthcare, owner of Australia’s biggest pharmacy chain Chemist Warehouse, is ambitiously pursuing a transformational $14 billion deal to acquire the United Kingdom’s health and beauty retailer Boots, in a move that has divided investors…

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Pacific Perspectives 11 Jun 2026

ASX to fall, Wall St hit by rising war rhetoric

Australian shares are set to open down. Wall Street fell, and oil rose after President Donald Trump threatened to attack Iran “very hard”. ASX 200 futures were down 65 points or 0.8 per cent to…

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Pacific Perspectives 11 Jun 2026

Stock futures slip after U.S. launches additional strikes against Iran, oil rises: Live updates

Stock futures fell on Wednesday night after the U.S. launched additional attacks against Iran, sending oil prices higher. S&P 500 futures lost 0.2%, and Nasdaq 100 futures dipped 0.3%. Futures tied to the Dow Jones Industrial Average lost 62 points,…

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