News & Insights
European stocks close mixed and Asia-Pacific markets rise as investors assess renewed Middle East hostilities
8 Sep 2026
European stocks ended Monday’s session in mixed territory after Asia-Pacific markets broadly rose, with investor attention focused on the latest developments in the U.S.-Iran war. The pan-European Stoxx 600 benchmark closed just below the flatline. France’s CAC 40 led…
Read moreSantos boosts stake in $19.5b Papua LNG project
8 Sep 2026
Santos will proceed later this year to build a $19.5 billion LNG project in Papua New Guinea after its French partner TotalEnergies announced a suite of deals that include Australian second-largest oil and gas company…
Read moreCoal power workers brace for hit as AGL cuts 300 jobs
AGL Energy has advised that about 300 jobs will be cut across its operations, prompting unions to accuse the giant electricity and gas supplier of fast-tracking cuts to escape obligations to transition workers at coal…
The RBA’s pessimism hasn’t swayed these economists from rate cut calls
The smoke signals from the Reserve Bank of Australia’s Martin Place headquarters were pretty bleak this week for borrowers hoping for big rate cuts to come. Governor Michele Bullock said the rate-cutting cycle may be…
Dow closes lower by nearly 400 points, Nasdaq drops 1.9% as AI stocks resume their decline
U.S. stocks retreated on Thursday as companies that have benefited from the artificial intelligence trade came under pressure yet again amid concern about their eye-watering valuations. The Dow Jones Industrial Average slid 398.70 points, or 0.84%, to…
Stocks making the biggest moves midday: Unity Software, Rivian, Pinterest, Trex & more
Check out the companies making the biggest moves midday: Unity Software — The video game company rallied 8% on better than-expected results for the third quarter. Unity’s fourth-quarter revenue guidance also exceeded expectations. Allegiant Travel — The…
Santos wins in record credits for carbon capture
Australia’s Clean Energy Regulator has issued more than 600,000 carbon credits to energy giant Santos following the start-up of the Moomba carbon capture and storage project in South Australia’s Strzelecki Desert last year. It marks…
RBA governor dampens market’s rate cut hopes
Bond traders are abandoning their bets that the Reserve Bank of Australia would cut interest rates again this cycle after governor Michele Bullock told a packed press conference that higher-than-expected inflation could mean a move in either…
ASX to rise; Light & Wonder income up; Growthpoint keeps outlook
Australian shares are set to open higher. All three US equity benchmarks rallied, with the S&P 500 led by communication services in a broad rebound. Tesla was near 5 per cent higher, a day in…
Retailers are raising prices to meet tariffs. Amazon is hiking more than others
Tariffs imposed by the Trump administration have given the country’s retailers another cost to manage during a period of persistent inflation. While many are navigating the change with limited price increases, marketplace giant Amazon is hiking more than…
Amazon-backed eVTOL company Beta Technologies closes up nearly 6% in NYSE debut
Beta Technologies, an electric aircraft company, closed up nearly 6% at $36 a share in its New York Stock Exchange debut on Tuesday. On Monday, the company priced shares in its IPO at $34 each, above…
Bullock flags end to rate cut cycle amid high inflation, jobless spike
Reserve Bank of Australia governor Michele Bullock has declared the interest rate cutting cycle could be close to finished, after the bank forecast inflation to exceed its target range of 2 per cent to 3…