Pacific Perspectives
You can already buy shares in unlisted Airwallex. Is Canva next?
As if the revolution in private markets wasn’t enough, welcome to the world of the “private-public” stock market. For a little under $8000 a trade, investors can buy and sell some of the world’s hottest…
ASX to open lower, Wall St churns; gold surges to fresh record
Australian shares are set to open lower as President Donald Trump’s erratic trade policy continues to cloud the economic outlook. ASX 200 futures were pointing down 8 points, or by 0.1 per cent, predicting the…
Dow posts back-to-back losses Thursday as Trump’s auto tariffs weigh on stocks: Live updates
Stocks fell on Thursday as investors weighed the latest tariff-related news from President Donald Trump, including his new tariffs aimed at foreign automakers. The Dow Jones Industrial Average dropped 155.09 points, or 0.37%, to end at 42,299.70.…
Trump says tariffs coming in April will ‘probably be more lenient than reciprocal’
“I’ll probably be more lenient than reciprocal, because if I was reciprocal, that would be very tough for people,” Trump said in an interview.“I know there are some exceptions, and it’s an ongoing discussion, but…
ASX to fall; Dollarama snaps up The Reject Shop for $259m
Australian shares are set to open lower as renewed angst about US President Donald Trump’s trade policies reversed a rebound in US mega-cap technology shares in New York. ASX 200 futures were 37 points, or…
Traders temper bets on RBA rate cuts after pre-election budget
Financial markets have dialled back expectations of rate cuts by the Reserve Bank after Tuesday’s budget showed a return of deficits for years to come. Traders imply rate cuts totalling 65 basis points over the…
AustralianSuper sells $580m stake in WiseTech, takes swipe at board
AustralianSuper has sold its entire $580 million stake in WiseTech Global and accused the logistics software giant run by billionaire Richard White of failing to meet its expectations of proper corporate governance. White returned as…
Dow closes more than 100 points lower, S&P 500 drops 1% as traders brace for new auto tariffs: Live updates
Stocks dipped on Wednesday, led lower by tech, as pressure on the tariff front mounted. The S&P 500lost 1.12% and ended at 5,712.20, while the Dow Jones Industrial Averagefell 132.71 points, or 0.31%, to close…
How the bucketing strategy protects retiree portfolios during a market downturn, experts say
After a volatile month for the stock market, many retirees are eager to find ways to protect their nest egg from future dips. Despite the stock market rally on Monday, there’s lingering uncertainty as investors…
Endeavour’s Ari Mervis reviews BWS owner’s sprawling operations
Endeavour executive chairman Ari Mervis is undertaking a major review of the owner of Dan Murphy’s liquor stores and hundreds of pubs which could ultimately lead to the break-up of the hospitality company. Mervis joined…