Pacific Perspectives
Has China obtained the world’s most important machine?
The Dutch punch above their weight in technology transfers that shaped the modern world. In the 17th century, their financial and farming innovations spread to Britain, laying the ground for the Industrial Revolution and the…
Investments banks are downgrading Telstra, and not because of the outage
Investment banks have downgraded Telstra and a suite of other ASX-listed telecommunications companies over fears that Elon Musk’s SpaceX will lure customers away from the highly concentrated industry. Analysts from Morgan Stanley and Jarden told…
Trump is being schooled about leverage as Iran deal unravels
Washington | US President Donald Trump last month described the leaders of Iran as pragmatic, rational and smart people, but now he says they are sick, vicious and violent. The change of heart about his foes…
Taylor warns One Nation policies would send interest rates rocketing
Opposition Leader Angus Taylor says One Nation’s policies would smash the budget bottom line, force interest rates up 3 percentage points, almost triple the nation’s $1 trillion debt load and potentially spark a sovereign debt…
ASX snaps four-day losing streak as copper miners surge
ASX snaps losing streak as copper miners rally Australian shares snapped a four-day losing streak as investors returned to miners and financials after the latest Middle East flare-up pushed oil prices up. The S&P/ASX 200…
Resmed sells US software business on the cheap as AI threat looms
Resmed has sold an underperforming software business focused on residential aged care to a US private equity firm for $707 million, about a third less than what it paid for the asset eight years ago,…
What Australian CEOs plan to tell Narendra Modi
Billionaire data centre operator Robin Khuda has called on Australia’s $4.5 trillion superannuation sector to invest in India, arguing the country’s scale and momentum made it a compelling long-term opportunity. Indian Prime Minister Narendra Modi flew into…
Telstra faces big fines after mobile outage, CEO cuts holiday short
Telstra faces potential penalties in the tens of millions of dollars after a malfunctioning timer in two of its data centre servers triggered a nationwide outage across its mobile and data network, which meant hundreds…
Iran plans ‘massive’ retaliation; Telstra says issues nearly resolved
That’s a wrap! Thanks for following The Australian Financial Review’s live coverage this Thursday, July 9. We’ll be back with more tomorrow. Here are some of the top stories we covered today: 5.42PM – Jul 9, 2026 Allan demands Telstra…
ASX’s biggest float of 2026 to kick-start ‘anaemic’ IPO market
After Elon Musk’s blockbuster SpaceX float injected new life into Wall Street’s IPO market, Australia could be about to follow suit this week as it prepares to welcome the country’s biggest initial public offering of…