Pacific Perspectives
Amazon aims to expand advertising business by letting retailers use its ad tools on their stores
Amazon has turned into an online ad juggernaut in recent years, with brands paying big bucks for premium placement on the retailer’s websites. Now, Amazon is letting other sites use its ad technology for their own stores. The…
LNG exporters brace for wave of new supply
Woodside Energy, Santos and Australia’s cohort of LNG exporters are bracing for a wave of fresh supply of the shipped form of natural gas that will start hitting the market this year, bringing with it…
ASX to rise, $A hits new two-year low
Australian shares are poised to rise on Friday, with a lift in the iron ore price likely to boost miners. ASX futures predicted the S&P/ASX 200 Index would rise 33 points or 0.4 per cent…
Where to invest $1m right now
What if $1 million fell into your lap? With trillions due to be transferred between generations over the next decade, a lot of Australians are in for a windfall. Residential property will be the go-to for many, although…
S&P 500 ekes out narrow gain as investors shake off Fed’s inflation warning: Live updates
The S&P 500 posted a modest gain on Wednesday as traders assessed the potential for future Federal Reserve rate cuts amid persistent inflationary pressures. The broad market index added 0.16%, closing at 5,918.25, while the Nasdaq Composite slipped 0.06%…
Stocks making the biggest moves midday: Edison International, eBay, Getty Images and more
Check out the companies making headlines in midday trading. eBay – Shares jumped almost 10% and touched 52-week highs after announcing that Meta is testing using its listings on Facebook Marketplace. Buyers from Facebook will be redirected…
Soft inflation data brings February rate cut into sight
The chances of the Albanese government getting a pre-election boost from a February rate cut have risen, according to economists, who say softer-than-expected inflation figures show price pressures are cooling. Treasurer Jim Chalmers said inflation…
ASX to fall, retail sales to jump; bitcoin tumbles
Australian shares will snap a five-day rally on Thursday, as traders prepare for a forecasted increase in retail sales that casts doubt on an interest rate cut coming as soon as next month. Futures indicate…
Will stocks keep rising in 2025? Don’t listen to the experts
Forecasts come from top-tier investment banks should not only be ignored, Plato stockpicker David Allen says, but traders should do the complete opposite. Another year, another set of Wall Street predictions about how the S&P…
S&P 500 ekes out narrow gain as investors shake off Fed’s inflation warning: Live updates
The S&P 500 posted a modest gain on Wednesday as traders assessed the potential for future Federal Reserve rate cuts amid persistent inflationary pressures. The broad market index added 0.16%, closing at 5,918.25, while the Nasdaq Composite slipped 0.06%…