Pacific Perspectives
Is it time for standalone Suncorp to find its Warren Buffett?
The company promised us a leaner, meaner insurer – but investors are yet to see it. However, the next few weeks could be telling. Suncorp promised a leaner, meaner and all-round more competitive general insurer…
Melbourne and Sydney auction markets heat up
Melbourne has recorded its seventh week in a row in which its preliminary clearance rate held above 70 per cent, while Brisbane and Adelaide’s remain low as their property markets lose momentum, Cotality research shows.…
What ASIC’s review into public and private markets misses
The ASX’s bold ambition for Australia to be the most attractive and competitive place to list globally is a goal worth striving for, but it needs to be grounded in reality. Commentary in recent days…
Dow falls more than 700 points on Friday as attacks between Israel and Iran escalate: Live updates
Stocks tumbled Friday after Israel launched a wave of airstrikes on Iran, pushing energy prices higher and adding another complication at a time of heightened geopolitical tensions. The Dow Jones Industrial Average fell 769.83 points, or 1.79%,…
Costco’s $130 Executive Membership just got a brand-new perk
Costco’s biggest spenders will soon be getting more bang for their buck. Three months after the retailer extended hours at its North American gas stations, Costco has announced that shoppers who pay for its $130 Executive…
Three small cap stocks that fundies tip are on the rise
As global equites flirt with record highs and investors shrug off the unpredictable nature of US President Donald Trump’s trade policies, local fund managers are banking on interest rate cuts to push the smaller end…
Markets are ‘lofty but not nutty’, says Oaktree’s Marks
Oaktree’s founder Howard Marks says while Wall Street’s rebound back towards its record high was “troubling”, equity valuations were not yet at a level that would suggest a bubble was starting to emerge. Marks, speaking…
ASX to rise, Accent delivers profit warning
Australian shares are poised to open higher after shares closed modestly higher in New York following another muted price report, though there are signs that the US labour market is starting to lose momentum. Brent…
Stock futures slip, but major averages head for winning week: Live updates
U.S. stock futures ticked lower on Thursday night, but traders prepared to end the week on a positive note. Futures tied to the Dow Jones Industrial Average slipped 70 points, or 0.16%. S&P 500 futures dropped 0.18%, while Nasdaq 100…
Oracle shares climb 8% as earnings, revenue top estimates
Oracle shares rose about 8% in extended trading on Wednesday after the software maker reported results that exceeded Wall Street estimates and signaled that cloud growth will accelerate. Here’s how the company did in comparison with…