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 morePolitical risk: How Trump 2.0 is affecting investment in U.S. assets
Heightened political risk might become the backdrop for U.S. stocks for the foreseeable future. January saw the U.S. attack Venezuela and President Donald Trump attempt to annex Greenland, threatening new tariffs on eight European allies. By the end of the month, the…
Tesla sold $430 million worth of its Megapack backup batteries to Musk’s xAI in 2025
Tesla sold $430 million worth of its giant backup batteries called Megapacks to xAI, Elon Musk’s artificial intelligence startup, in 2025, according to a filing on Thursday. Source: https://www.cnbc.com/2026/01/29/tesla-sold-430-million-worth-of-its-megapack-batteries-to-xai-in-2025.html
Economists fret that reading the RBA is becoming harder, not easier
For years, the Reserve Bank of Australia stayed behind closed doors, releasing only short, dry notes after every interest rate call. Today, RBA governor Michele Bullock holds televised press conferences after every decision, and the…
New iPhone failures on Telstra network compound Triple Zero crisis
Technology giant Apple was scrambling on Thursday to ensure some of its older iPhones could make regular and emergency calls on Telstra’s network in the latest in a series of Triple Zero failures. Technological problems…
JP Morgan banker bonuses pop as Wall Street bank goes on hiring spree
JP Morgan’s Australian investment banking division is expanding its team in financial sponsors and two sectors after staff were handed bigger bonuses following a solid year for the local franchise. Bankers were informed of their…
Amazon could invest up to $50 billion in OpenAI in coming weeks, source says
Amazon is in talks to invest up to $50 billion in OpenAI, CNBC confirmed on Thursday, in a significant vote of confidence from the e-commerce giant after it invested in one of the startup’s biggest rivals. Source:…
Tesla tops estimates for quarter, but wraps up first annual revenue drop on record
Tesla reported better-than-expected fourth-quarter results after the bell on Wednesday, but revenue for the year dropped 3%, the first time on record the company has recorded an annual decline. The stock rose 3% in extended trading.…
Surging Australian dollar set to keep rising as rate increases near
The Australian dollar has smashed through the US70¢ barrier for the first time in three years, as a “perfect storm” of a crumbling greenback and hot domestic inflation fuels bets of an interest rate rise…
Rate rise next week firms after surprise inflation jump
Treasurer Jim Chalmers has denied increased government spending has contributed to higher than expected inflation after a spike in the consumer price index greatly increased the prospects of a first interest rate rise in more…
Blue-chip takeovers and few IPOs put ASX on track to shrink this year
Three big takeovers could see the Australian sharemarket shrink for the first time in more than two decades and wane in relevance among global exchanges as private capital becomes more attractive to companies. A string…