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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 12 Dec 2024

Dow falls more than 200 points after warm inflation report, Nasdaq retreats from record: Live updates

Stocks fell Thursday, weighed down by a hotter-than-expected U.S. inflation report, as tech shares failed to keep the momentum seen earlier in the week. The tech-heavy Nasdaq Composite slid 0.66%, dipping back below the 20,000 threshold to…

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Pacific Perspectives 11 Dec 2024

Tesla shares close at record high, boosted by 69% pop since Trump election victory

Tesla shares jumped to an all-time high on Wednesday, surpassing their prior record reached in 2021, sparked by a post-election rally and Wall Street’s increased enthusiasm for Elon Musk’s electric vehicle company. The stock rose to a closing…

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Pacific Perspectives 11 Dec 2024

ASX to rise, Orora sells unit for $1.7b

The Australian sharemarket is set to open higher after US inflation data all but cemented a rate cut by the US Federal Reserve next week. ASX futures are up 41 points, or 0.5 per cent,…

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Pacific Perspectives 11 Dec 2024

Australia needs a dose of Javier Milei’s Argentine capitalism

Australia is sleepwalking to stagnant living standards unless we adopt an agenda that restrains government and allows the private sector to flourish, writes John Kehoe. As Australia grapples with a stagnant private sector, sticky inflation…

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Pacific Perspectives 11 Dec 2024

Why Apple’s rally is a ‘head-scratcher’ for investors

Apple has the slowest revenue growth among Big Tech stocks and is facing tariff-related risks going into Donald Trump’s second term in the White House. None of that is holding back the stock. The shares…

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Pacific Perspectives 11 Dec 2024

Nasdaq surges for first close above 20,000, lifted by Alphabet shares: Live updates

The Nasdaq Composite surged Wednesday after November’s inflation report met economists’ projections, clearing the way for the Federal Reserve to cut interest rates again at its December meeting next week. The tech-heavy index rose 1.77% to end…

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Pacific Perspectives 10 Dec 2024

The CPI report Wednesday is expected to show that progress on inflation has hit a wall

A key economic report coming Wednesday is expected to show that progress has stalled in bringing down the inflation rate, though not so much that the Federal Reserve won’t lower interest rates next week. The…

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Pacific Perspectives 10 Dec 2024

PNG PM’s big hopes for delayed LNG project

The cost of Santos’ proposed Papua LNG venture blew out by 50 per cent to $US18 billion before it was paused earlier this year to rework the design, according to Papua New Guinea Prime Minister…

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Pacific Perspectives 10 Dec 2024

ASX to slip, ASIC sues collapsed Rex for lack of disclosure

Australian shares are poised to open lower, reflecting weakness in New York as investors await key US inflation data, which could disrupt expectations of a quarter point rate cut from the Federal Reserve next week.…

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Pacific Perspectives 10 Dec 2024

Bond traders eye back-to-back rate cuts

Bond traders have aggressively ramped up bets for back-to-back rate cuts early next year after the Reserve Bank of Australia said it was gaining some confidence that inflation was moving sustainably towards its target. At…

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