Pacific Perspectives
ASX to dip; Nick Scali Australia profit tops guidance; HPI CEO resigns
Australian shares are poised to open lower in line with cautious trading on Wall Street, as investors await January’s US jobs data to assess the potential for further interest rate cuts by the Federal Reserve.…
Major global investors swoop on Cbus and CVC’s $1b green portfolio
Potentia Energy, the renewable power group owned by Italy’s Enel and Japan’s Inpex Corporation, is buying big stakes in a suite of wind and solar projects across the country worth about $1 billion. The company…
Investors storm bond sale ahead of possible RBA rate cut
When the Australian government asked for bids for a new bond this week it was bowled over in the rush. Australian government bonds have long proved popular with investors because of the robust domestic economy…
S&P 500 posts modest gain, notching third straight winning session
The S&P 500 climbed for a third straight session on Thursday as investors weighed the latest batch of corporate earnings. The broad market index added 0.36% to 6,083.57, while the Nasdaq Composite rose 0.51% to 19,791.99. The Dow Jones Industrial…
Stocks making the biggest moves midday: Alphabet, Apple, Uber, Nvidia and more
Check out the companies making headlines in midday trading: Alphabet — Shares sank nearly 8% after the Google parent reported fourth-quarter revenue of $96.47 billion, short of the $96.56 billion expected from analysts polled by LSEG. Alphabet also…
ASX snaps two-day losing streak; Insignia, Pinnacle rally
The sharemarket closed higher on Wednesday for the first time this week, buoyed by mining companies that tracked a rally in commodity prices. The S&P/ASX 200 finished 0.5 per cent, or 42.9 points higher at…
EDO rejects bankruptcy fears after $9m Santos court flop
The Environmental Defenders Office has rejected concerns it is headed for collapse despite admitting that its $9 million failed legal action against gas giant Santos had raised questions over its future. The taxpayer-funded green law…
ASX to rise, oil tumbles; regulator flags competition risk in Contact-Manawa deal
Australian shares are set to open higher, as the immediate threat of a US-triggered tariff war faded with President Donald Trump’s pivot to his vision for the Middle East. ASX futures rose 0.8 per cent,…
Dow closes 300 points higher for back-to-back gains as investors look past tariff tumult: Live updates
Stocks rallied on Wednesday, pushing the major averages higher for the second day in a row, as investors looked past the trade turmoil that weighed on the market earlier in the week. The gains came…
Dow closes 300 points higher for back-to-back gains as investors look past tariff tumult: Live updates
Stocks rallied on Wednesday, pushing the major averages higher for the second day in a row, as investors looked past the trade turmoil that weighed on the market earlier in the week. The gains came…