Pacific Perspectives
Investors should beware Trumping at shadows over tariffs
The MAGA warriors call it Trump Derangement Syndrome – the inability of critics of Donald Trump to consider anything the US president does with an open mind. But while you’ll often see the term thrown…
There’s a reason why investors are flocking to fund Australian states
Australia’s largest bond investors are piling into high-yielding state debt as budget blowouts induced by overly ambitious election promises and the threat of rating downgrades push up their borrowing costs. Rating agency S&P warned last…
ASX to rise on Nvidia-led rally; gold retakes record
Australian shares are poised to open higher, tracking a rally on Wall Street driven by Nvidia and metals stocks. Futures were 0.3 per cent or 29 points higher on Tuesday morning, indicating the S&P/ASX 200…
S&P 500 closes higher, Nasdaq pops nearly 1% Monday as investors shrug off tariff worries: Live updates
Stocks rose Monday as major tech names outperformed to start the week, while traders looked past the latest U.S. tariff threat from President Donald Trump. The Dow Jones Industrial Average added 167.01 points, or 0.38%,…
Stuck stock market is worried about economic growth as Trump’s tariffs dominate headlines
The stock market is rather calm but can’t seem to relax. In a noisy and fast-shifting news environment, stocks were quietly flattish last week from point to point, even after Friday’s almost 1% drop, which…
Metcash struggles to make its numbers work
There’s no other way to say it. Metcash updated shareholders on a cringeworthy error to its 2024 AGM results this week. The retail conglomerate led by CEO Doug Jones – overseer of brands such as IGA supermarkets…
Ignore what market says on rates and buy these assets instead
Each January, investment banks publish their annual outlooks on economies and asset classes – hundreds of pages of research that often feel too long to read, even for their authors. But after sifting through this…
ASX to drop despite optimism about bumper half-year earnings season
Investors expect a bumper half-year reporting season, hoping for a string of earnings upgrades in a wave of optimism caused by improving economic conditions and anticipation that interest rates will be cut. The Australian sharemarket…
Dow closes 400 points lower Friday as inflation and tariff fears spur a sell-off: Live updates
Stocks slid on Friday as a mix of news related to tariffs and inflation worried traders to close out the week. Major benchmarks took a leg lower during the session after President Donald Trump said he was…
Eli Lilly beats on earnings even as weight loss, diabetes drug sales fall short
Eli Lilly on Thursday reported mixed results for the fourth quarter, even as demand for its blockbuster weight loss drug Zepbound and diabetes treatment Mounjaro soared. The company’s quarterly earnings topped Wall Street estimates, but sales fell just…