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Pacific Perspectives

Brent oil price near $100 again with U.S.-Iran talks uncertain and Hormuz still blocked

17 Apr 2026

Source: https://www.cnbc.com/2026/04/16/iran-war-oil-price-strait-hormuz.html

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Pacific Perspectives

Santos CEO signals potential 2028 exit as chairman departs first

17 Apr 2026

Santos chief executive Kevin Gallagher has signalled he intends to lead the oil and gas group until at least 2028 to guide it through the next stages of major projects, outlasting chairman Keith Spence who…

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Pacific Perspectives 18 Dec 2024

Fed meeting recap: Powell says central bank to be ‘cautious’ on rate cuts, rocking market

The Federal Reserve cut interest rates by a quarter point on Wednesday, bringing the target range to 4.25% to 4.5%. The central bank revised its outlook for rate cuts in 2025, however, indicating that there…

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Pacific Perspectives 17 Dec 2024

Capital gains benefit spikes to $22.7b as property investors sell out

Treasury is forecasting a spike in people claiming investment tax breaks this financial year as experts said higher interest rates and more onerous costs on landlords imposed by some state governments were pushing investors to…

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Pacific Perspectives 17 Dec 2024

Investors are so confident in stocks, they have a record low allocation to the safety of cash

 Points A closely watched survey of global fund managers registered its lowest cash allocation on record this month, underscoring a bullishness on stocks as the equity market nears the end of a strong year. The…

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Pacific Perspectives 17 Dec 2024

ASX to slip, Aussie dollar drops to new low; Insignia scraps Bain bid

The Australian dollar dropped overnight to its lowest level this year, continuing a downward trajectory as a gloomy outlook for commodity exports weighs on domestic shares. The Aussie dropped 0.6 per cent overnight to 63.35…

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Pacific Perspectives 17 Dec 2024

ASIC slams insurers for gaping holes in complaints systems

The country’s largest insurance companies will be forced to invest more on staff and technology systems after the corporate regulator identified widespread problems dealing with angry customers. Insurers had failed to identify one in every…

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Pacific Perspectives 17 Dec 2024

Dow tumbles more than 260 points for 9-day losing streak, its longest since 1978: Live updates

The Dow Jones Industrial Average entered the history books Tuesday with its first nine-day losing streak since 1978. The 30-stock average slid 267.58 points, or 0.61%, to settle at 43,449.90. The S&P 500 lost 0.39% and closed at 6,050.61,…

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Pacific Perspectives 16 Dec 2024

Nvidia falls into correction territory, down more than 10% from its record close

Nvidia shares slumped on Monday, putting the AI chip darling officially in correction territory even as the rest of the Nasdaq Composite rose to a record. The chipmaker and de facto artificial intelligence trade has rallied…

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Pacific Perspectives 16 Dec 2024

What economists think about the RBA’s board shake-up

The Reserve Bank of Australia’s two newly appointed board members have had a mixed reaction from economists amid uncertainty as to how the changes will shape the future direction of interest rates. Australian National University…

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Pacific Perspectives 16 Dec 2024

‘Instant gratification’ investors drive 14pc fall in data centre float

A sell-down by so-called instant gratification investors, disappointed by initial trading in the newly launched DigiCo Infrastructure REIT, sent shares crashing in the data centre landlord for the second day in a row on Monday.…

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Pacific Perspectives 16 Dec 2024

ASX to slip, Tesla surges 6pc, bitcoin hits record $US107,000

Australian shares are poised to open lower. Tesla surged another 6 per cent and Google parent Alphabet advanced 3.5 per cent, lifting the Nasdaq Composite and S&P 500. The Nasdaq closed at a record high.…

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