Pacific Perspectives
Credit funds raise $1b in rush to list on the ASX
The corporate regulator has revealed it is worried about two key changes to capital markets – more money is being pumped into private markets and listings on the Australian Securities Exchange are slowing. But in…
ASX to rise but investors brace for wild week of tariffs and stimulus
The Australian sharemarket will open higher on Monday despite investors bracing for a wild week that could be pivotal for global growth, and the possibility of growth-sapping tariffs and growth-boosting stimulus. While futures on the…
Top Wall Street analysts are upbeat on the long-term potential of these stocks
Worrisome economic data, weak consumer sentiment and tariff fears contributed to a rocky ride for stocks in February, with the S&P 500 losing 1.4% during the month. Investors should pick stocks of companies that can withstand these…
Nvidia warns of growing competition from China’s Huawei, despite U.S. sanctions
BEIJING — Chip giant Nvidia has flagged heightened competition from Huawei, despite U.S. restrictions on the Chinese telecommunications company. In an annual filing Wednesday, Nvidia listed Huawei among its current competitors, including it in the list for a second…
US giant MidOcean linked to Barossa gas stake interest
Santos boss Kevin Gallagher says he is not surprised by interest from outside suitors such as MidOcean Energy in his Barossa gas project, amid market speculation the US private equity firm is keen to elbow…
Mervis to take over as Endeavour executive chairman
Endeavour, the hospitality giant behind a string of pubs and the Dan Murphy’s liquor shop chain, is poised to appoint Ari Mervis as executive chairman more than five months after its chief executive resigned. Multiple…
Three charts reveal how MinRes’ Ellison is feeling the market’s wrath
Mineral Resources’ beleaguered founder and managing director Chris Ellison has been battling spot fires on all fronts and is now feeling the wrath of financial markets. This week, the miner became Australia’s most shorted stock…
Stocks tumble, deepening February’s decline, as Trump affirms tariffs coming and Nvidia dives 8%
The S&P 500 fell during a volatile session, after President Donald Trump’s declaration that tariffs on Canada and Mexico would proceed as planned, as well as a negative reversal in bellwether stock Nvidia following earnings. The S&P 500 closed…
The Federal Reserve’s favorite recession indicator is flashing a danger sign again
An ominous measure that the Federal Reserve considers a near surefire recession signal again has reared its head in the bond market. The 10-year Treasury yield passed below that of the 3-month note in trading…
Super switching a handbrake for private asset domination
The ability of superannuation fund members to switch strategies with a day’s notice means that the growth of private capital cannot outpace the larger public markets without creating a problematic liquidity mismatch. Liquidity refers to…