Pacific Perspectives
The world’s biggest asset manager is betting on ASX small caps
BlackRock, the world’s largest asset manager, has cut its exposure to the Australian sharemarket’s largest stocks and bought into its small caps, citing more favourable valuations and improving sentiment. The firm, which manages more than…
Block’s stock pops 9% on gross profit forecast, 3-year financial outlook
Source: https://www.cnbc.com/2025/11/19/block-unveils-3-year-outlook-sees-gross-profit-in-2028-of-15point8b.html
Why young investors may want to choose a Roth account instead of a traditional 401(k)
When it comes to investing for retirement, there are several types of accounts you can choose from. But if you’re young, experts say a Roth option can be especially smart to start with. “Typically, the…
RBA reveals what must happen before rates are cut
The Reserve Bank of Australia has signalled it would only entertain cutting interest rates if there was a material deterioration in the labour market, reflecting a cautious approach given the board’s lack of clarity around…
Investment firm takes pole position in Supercars team deal
Prime Financial Group has bought a majority stake in a V8 Supercars team, the latest sign of the accelerating interest in sport from investment firms. Tickford Racing competes in the Supercars Championship, Australia’s top professional…
ASX to fall; Helloworld launches 90¢ a share Webjet bid
Australian shares are set to open little changed, with futures reversing earlier losses in line with Wall Street. All three US benchmarks pared session lows heading into the final hour. Still, nervousness persisted in New…
Fed Governor Waller backs December rate cut as support for weakening labor market
Federal Reserve Governor Christopher Waller on Monday voiced support for another interest rate cut at the central bank’s December meeting, saying he’s grown concerned over the labor market and the sharp slowdown in hiring. In…
Fed Governor Waller backs December rate cut as support for weakening labor market
Federal Reserve Governor Christopher Waller on Monday voiced support for another interest rate cut at the central bank’s December meeting, saying he’s grown concerned over a the labor market and the sharp slowdown in hiring.…
Amazon seeks $18b from first US bond sale in three years
Amazon is seeking to raise about $US12 billion ($18.4 billion) through a debt offering — its first such deal in US dollars in about three years — amid an industry-wide race to build artificial intelligence infrastructure.…
Future Fund pivots to gold and active funds in a ‘permacrisis’ world
The Future Fund says it is buying gold, hiring active fund managers and avoiding fixed-rate bonds to protect its $261 billion portfolio against rising inflation, with the sovereign wealth investment giant warning the world appeared…