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Pacific Perspectives

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…

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Pacific Perspectives

Santos 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…

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Pacific Perspectives 7 Aug 2025

S&P 500 closes higher Wednesday as Apple lifts market: Live updates

Stocks rose Wednesday, thanks to a jump in Apple, as investors analyzed the latest batch of corporate earnings. The S&P 500 gained 0.73% to close at 6,345.06, while the Nasdaq Composite advanced 1.21% and settled at 21,169.42. The Dow Jones…

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Pacific Perspectives 6 Aug 2025

Snap shares plummet 15% after weak second-quarter revenue metric

Snap shares tanked more than 15% Tuesday when it reported second-quarter earnings in which global average revenue per user missed expectations. Here is how the company did compared with Wall Street’s expectations: Source: https://www.cnbc.com/2025/08/05/snap-q2-earnings-report-2025.html

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Pacific Perspectives 6 Aug 2025

Pinnacle chief laments ‘tragedy’ of funds that can’t sell themselves

Pinnacle founder and managing director Ian Macoun says fund managers are growing to appreciate how crucial sales and distribution is for their business after his company delivered another record profit. The $5.2 billion ASX-listed investment…

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Pacific Perspectives 6 Aug 2025

L1 Capital draws investor backlash over Platinum Capital plans

L1 Capital says it plans to convert a listed investment company run by Platinum Asset Management into a global long-short vehicle after blocking a board proposal to change the structure to an exchange-traded fund. But…

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Pacific Perspectives 6 Aug 2025

ASX to rise; News Corp revenue hits $13.1b, REA record payout

Australian shares are poised to edge higher. Shares were modestly lower in New York after data on the US services sector disappointed, and oil fell after a report that Russia is set to propose an…

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Pacific Perspectives 6 Aug 2025

Stock futures are little changed as investors parse earnings reports: Live updates

Stock futures are near flat Tuesday night as investors analyzed the latest batch of corporate earnings. Dow Jones Industrial Average futures fell 19 points, or 0.1%. S&P 500 futures were little changed, while Nasdaq 100 futures ticked down 0.2%. In…

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Pacific Perspectives 5 Aug 2025

Tesla awards Musk $29 billion in shares with prior pay package in limbo

Tesla’s board has awarded CEO Elon Musk an interim pay package of 96 million shares, according to a filing out Monday, which would be worth about $29 billion. The company said in the filing that Musk’s new package will include shares that vest…

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Pacific Perspectives 5 Aug 2025

Endeavour review could end in the break-up of Dan Murphy’s owner

Endeavour Group will consider breaking up the hospitality empire in a move that could separate the Dan Murphy’s and BWS liquor chains from a portfolio of pubs as part of a review kicked off ahead…

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Pacific Perspectives 5 Aug 2025

Markets are at risk of a reversal. The next month is crucial

Investors have long ignored the potential for pain in the actual economy from the trade war. But with valuations stretched, reality could get in the way. A fascinating pressure test is about to get under…

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Pacific Perspectives 5 Aug 2025

RBA expected to kill rapid-fire rate cut hopes, say economists

The Reserve Bank of Australia will signal as early as next week that its run of interest rate cuts is nearing an end, according to economists and analysts, dampening market expectations of a deeper reduction…

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