Pacific Perspectives
‘Not as dynamic, not as attractive’; big super downbeat on ASX
One of the country’s biggest superannuation funds says the Australian sharemarket is becoming less attractive for investors as an influx of passive money from rival funds has created a top-heavy and sluggish market when compared…
Blue Owl curbs investor liquidity following asset sale, shares slide almost 6%
Source: https://www.cnbc.com/2026/02/19/blue-owl-private-debt-investor-loan-liquidity-restriction-market-shares.html
Stocks making the biggest moves premarket: Nvidia, New York Times, Palantir & more
Check out the companies making headlines before the bell. Nvidia — The chipmaker ticked up 2% after Meta expanded its partnership with Nvidia to use millions of the company’s AI chips, including standalone central processing…
Santos to cull 10pc of workforce, may sell assets
Santos will cut 10 per cent of jobs and has flagged potential sales of Australian assets, including the Narrabri gas project in NSW, in a bid to streamline its business and lift shareholder returns. The…
QR ordering platform Me&u invests for growth as maiden profit looms
Me&u, a mobile ordering start-up used in pubs and cafes around the country, says it has the funds to start investing in its first consumer app after booking figures showing a path to a maiden…
ASX to rise; Wesfarmers ups payout, Telstra expands buyback to $1.25b
Australian shares are poised to open higher, though gains in futures faded in line with Wall Street after US Federal Reserve minutes suggested some policymakers had raised the risk of an interest rate hike. ASX…
Fed officials split on where interest rates should go, minutes say
Divided Federal Reserve officials at their January meeting indicated that further interest rate cuts should be paused for now and could resume later in the year only if inflation cooperates. While the decision to hold…
Amazon snaps 9-day losing streak during which it lost more than $450 billion in value
Amazon shares closed up more than 1% on Tuesday, snapping a nine-day slide that shaved billions off of its market cap. The stock shed roughly 18% of its value between Feb. 2 and Friday, marking the…
Phil Lowe’s anti-woke plan to simplify rules for ASX companies
The ASX’s new corporate governance body, led by Philip Lowe, will focus on diversity of experience and thought – not personal characteristics such as sexuality, Indigenous heritage and disabilities – when it sets out new…
Global fund managers still bullish, though capex ‘too hot’
Global fund managers remain “uber-bullish” – the most optimistic since June 2021 – and as a result, it will be much harder for asset prices to rise this quarter when everyone is positioned for that,…