Pacific Perspectives
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…
Alphabet shares drop 7% on company revenue miss
Google parent company Alphabet shares fell as much as 8% in after-hours trading Tuesday after the company reported fourth-quarter results that missed on revenue expectations. The company also announced that it plans to invest $75 billion in…
Investors say ‘saleable’ Transurban is shaping up as a buyout target
Transurban’s lacklustre share price and valuable collection of toll roads is raising investor expectations that the infrastructure giant could become a prime target for pension funds chasing big-ticket assets. The toll road group’s assets are…
ASX tumbles into the red as China tariff takes effect
A last-minute escalation in the trade war between the United States and China dragged the ASX into the red on Tuesday. The S&P/ASX 200 index closed 0.1 per cent, or 5.4 points lower at 8374…
Meet the most accurate economic forecaster of 2024
Australia’s top economist Paul Bloxham predicts United States President Donald Trump’s tariff war will test the economy, and the Reserve Bank will be capable of only moderate interest rate cuts in 2025. The HSBC Australia…
S&P 500, Nasdaq close higher as traders look past Trump tariff shake-up: Live updates
The Nasdaq Compositeand S&P 500moved higher on Tuesday due to a strong gain in Palantir, as Wall Street sought stable footing following the latest developments on the global trade front. The tech-heavy index jumped 1.35%…
Stocks making the biggest moves midday: General Motors, Tyson Foods, Triumph and more
Check out the companies making headlines in midday trading: Stocks moving on tariffs — U.S. stocks are off their lows after the U.S. and Mexico said tariffs against the latter country would be delayed for…