Pacific Perspectives
Why Apple’s rally is a ‘head-scratcher’ for investors
Apple has the slowest revenue growth among Big Tech stocks and is facing tariff-related risks going into Donald Trump’s second term in the White House. None of that is holding back the stock. The shares…
Nasdaq surges for first close above 20,000, lifted by Alphabet shares: Live updates
The Nasdaq Composite surged Wednesday after November’s inflation report met economists’ projections, clearing the way for the Federal Reserve to cut interest rates again at its December meeting next week. The tech-heavy index rose 1.77% to end…
The CPI report Wednesday is expected to show that progress on inflation has hit a wall
A key economic report coming Wednesday is expected to show that progress has stalled in bringing down the inflation rate, though not so much that the Federal Reserve won’t lower interest rates next week. The…
PNG PM’s big hopes for delayed LNG project
The cost of Santos’ proposed Papua LNG venture blew out by 50 per cent to $US18 billion before it was paused earlier this year to rework the design, according to Papua New Guinea Prime Minister…
ASX to slip, ASIC sues collapsed Rex for lack of disclosure
Australian shares are poised to open lower, reflecting weakness in New York as investors await key US inflation data, which could disrupt expectations of a quarter point rate cut from the Federal Reserve next week.…
Bond traders eye back-to-back rate cuts
Bond traders have aggressively ramped up bets for back-to-back rate cuts early next year after the Reserve Bank of Australia said it was gaining some confidence that inflation was moving sustainably towards its target. At…
Dow falls more than 150 points to notch four losing days as year-end rally takes a breather: Live updates
Stocks fell on Tuesday as traders digested a year-end rally to record levels. They also awaited new U.S. inflation data set for release this week. The S&P 500lost 0.3% to end at 6,034.91, and the…
Amazon is bringing Intuit QuickBooks software to its millions of third-party sellers
Amazon’s millions of third-party sellers will be able to bring their sales and inventory data into Intuit QuickBooks through a new integration.The companies are targeting mid-2025 to bring the product to market, starting with sellers…
There’s a compelling case for RBA reducing interest rates on Tuesday
Australia’s growth in output and real income per person since 2013 has been close to the bottom of the developed democracies. This follows more than two decades near the top. My new book, Let’s Tax…
ASX to rise on prospect for bolder China stimulus, Wall St slips
Australian shares are poised to edge higher with commodities advancing on plans by China to do more to bolster flagging growth. The US listed shares of BHP and Rio Tinto each surged more than 4…