Pacific Perspectives
Insurer keeps human touch to the fore as it streamlines claims
Insurer Suncorp says it builds ethical considerations into its uses of artificial intelligence from the outset. “While we are exploring a portfolio of use cases, we are fully aware of the associated ethical challenges and…
Nine ASX stock picks that Morningstar tips are ripe for a rally
James Hardie, Endeavour, IGO and IDP Education – are stocks that may be out of favour with the market, but ones that research house Morningstar is adamant make a good investment bet. The broker revealed…
ASX eyes all-time high; ASIC sues Westpac’s RAMS
Australian shares are set to follow Wall Street’s advance after the latest labour market data indicated the US jobs market is holding steady despite US President Donald Trump’s global trade war. ASX futures are pointing…
Stock futures are little changed after S&P 500 posts second day of gains: Live updates
U.S. stock futures were little changed Tuesday night, after the S&P 500 notched a second straight day of gains. Dow Jones Industrial Average futures rose 27 points, or 0.06%. S&P 500 futures gained 0.07%, and Nasdaq 100 futures added 0.03%.…
Trump administration is convinced massive Alaska energy project will find investors despite steep cost
The Trump administration is confident that a massive liquified natural gas project in Alaska will find investors despite its enormous cost. President Donald Trump has pushed Alaska LNG as a national priority since taking office. Alaska has…
Telstra beats Optus, TPG in launching satellite text messaging
Telstra will become the first local telecoms provider to allow customers to send and receive text messages in areas without mobile service, under its partnership with Elon Musk’s SpaceX and his Starlink satellites. The company…
Soul Patts ends 56-year Brickworks tie-up with $14b merger plan
Soul Patts will merge with building materials giant Brickworks in a deal that turns the country’s second-oldest listed company into a $14 billion portfolio manager in the hope of attracting shareholders who want to invest…
S&P 500 posts modest gain to start June as investors shrug off global trade tensions: Live updates
Stocks rose on Monday, the first trading day of June, as Wall Street shook off increasing tensions in global trade. The S&P 500 climbed 0.41% to close at 5,935.94, while the Nasdaq Composite advanced 0.67% and ended at 19,242.61.…
ASX to rise, Officeworks poaches from Kmart for top job; gold surges
Australian shares are set to rise in line with a late recovery in New York as news emerged the US and China are set to revive trade talks as soon as this week. ASX futures…
Investors are piling into big, short Treasury bets alongside Warren Buffett
Investors always pay close attention to bonds, and what the latest movement in prices and yields is saying about the economy. Right now, the action is telling investors to stick to the shorter-end of the…