Pacific Perspectives
Investors managing $1trn push ASX for say on James Hardie deal
Twenty-one of the country’s biggest investors are demanding the ASX allow local shareholders a say on whether James Hardie can move its primary sharemarket listing to the United States, as fury over the building materials…
S&P 500 edges up as investors weigh trade negotiations
Most US stocks climbed Thursday (Friday AEST), but the worst drop for UnitedHealth Group in a quarter of a century kept Wall Street in check. The S&P 500 edged up by just 0.1 per cent,…
My biggest mistake in 20 years of investing
Unless the price is truly egregious, never substitute a business you know intimately for one you don’t because of valuation alone. Mistakes are part of investing; they’re unavoidable. The key is learning from them. Reflecting…
Stock futures fall after Wall Street posts another losing week: Live updates
Stock futures fell on Sunday evening following yet another negative trading week for Wall Street. S&P 500 futures pulled back 0.5%, while Nasdaq-100 futures dropped 0.6%. Futures tied to the Dow Jones Industrial Average also tumbled 186 points, or 0.5%.…
Here’s why retirees shouldn’t fully ditch stocks
Retirees may think moving all their investments to cash and bonds — and out of stocks — protects their nest egg from risk. They would be wrong, experts say. Most, if not all, retirees need stocks — the growth…
ASX to open down as Nvidia and Powell spark Wall St sell-off
The Australian sharemarket is set to drop at the open as Wall Street sank after US Federal Reserve chairman Jerome Powell warned that trade tensions could spur inflation and the central bank is in no…
Regal’s King says his hedge funds will recover from March madness
Regal Partners will add two key executives to its investment committee and limit the size of positions its listed funds will take as it urges its backers to stick with a high-octane trading strategy after…
ASX edges lower, CBA at two-month high; gold nears $US3300
The Australian sharemarket pared a modest advance on Wednesday as investors shrugged off the White House’s receptiveness to a trade deal with China amid persistent fears about the global economic outlook. The S&P/ASX 200 Index…
Stock futures are little changed after major averages tumble in tech sector sell-off: Live updates
Stock futures are little changed Wednesday night after a steep sell-off in the prior session. Futures tied to the Dow Jones Industrial Averageedged lower by 16 points, or 0.04%. S&P 500 futuresshed nearly 0.1%, while…
LVMH dethroned by Hermès as world’s most valuable luxury stock after sales miss
Shares of LVMH plunged 7.8% on Tuesday, losing its position as the world’s largest luxury firm to rival Hermès after an unexpected decline in first-quarter sales. LVMH reported a 3% year-on-year fall in first-quarter sales in a trading update published shortly…