Pacific Perspectives
Lowe says higher board gender targets may not add shareholder value
The head of the Australian sharemarket operator’s peak governance committee says there is no compelling evidence that increasing the target of women on corporate boards to 40 per cent will add value, prompting a sharp…
BofA equities traders say buy momentum stocks
Bank of America’s trading desk is urging clients to buy US momentum stocks, betting that the group has reached an attractive price level after a bout of profit taking. The bank’s basket of US momentum…
ASX to rise, oil reaches six-week high
Australian shares are poised to rise. US stocks wavered ahead of results from Alphabet, Google’s parent, and Tesla after the closing bell. Oil edged still higher as the US and Iran continued to joust. Both…
Stock futures slip as investors eye more earnings; Alphabet falls on higher capex outlook: Live updates
U.S. equity futures slipped Wednesday evening as investors weighed fresh earnings, artificial intelligence spending concerns and rising oil prices. Futures tied to the Dow Jones Industrial Average lost 69 points, or 0.1%. S&P 500 futures dropped 0.2% and Nasdaq…
Investing experts: Why ‘just buy the market’ doesn’t necessarily apply to bonds
Young and inexperienced investors often find themselves receiving some version of the same advice: just buy the market. Indeed, market luminaries from Warren Buffett on down advise that young people looking to accumulate long-term wealth should own low-cost…
Santos slams Australian gas mandate, warns of supply crunch
antos has slammed the federal government’s domestic gas reservation scheme, warning it will create energy shortages and drive up prices for electricity generators, manufacturers, and data centres. Australia’s second-largest oil and gas producer, which stands…
AustralianSuper defies private credit fear, plans fivefold asset lift
ustralianSuper will double its exposure to private credit to near $20 billion within four years and more than double it again in the long term, as the country’s largest retirement investment fund becomes increasingly bullish…
ASX to rise, S&P 500 lifts on tech
Australian shares are poised to open higher, tracking a broad advance on Wall Street even as oil topped $US91 a barrel, its highest since early June, amid renewed US-Iran hostilities. ASX 200 futures were up…
Stock futures are little changed as investors gear up for more earnings: Live updates
Stock futures were little changed in overnight trading Tuesday as investors looked ahead to another busy day of corporate earnings, with several major technology and industrial companies set to report. Futures tied to the Dow Jones…
Jim Cramer says it’s time to look beyond tech as AI uncertainty rattles the market
CNBC’s Jim Cramer said Monday that the artificial intelligence trade has become too noisy and unpredictable to aggressively put new money to work — at least for now. “If you own too much tech, you’re going to…