US stocks have opened slightly higher as investors prepare for the release of data on personal consumption expenditures.
Twesha Dikshit and Utkarsh Hathi
Australia’s benchmark index has defied morning weakness to rally 59.90 points due to a surprising announcement.
Cameron Micallef
Crowdfunder Birchal was flying high in 2022 with a $40m valuation. Now, it has to “take its own medicine” as a market turn slashes its value by 80 per cent.
Ryan Johnson
Australia’s biggest car dealership completed its $658m purchase of a controlling stake in Canadian retailer CanadaOne in April.
Sean Smith
Central bankers have signalled concerns about inflation as Japan's Nikkei hits a new record after Wall Street recorded gains on the back of AI optimism.
Tom Wilson and Rocky Swift
Endeavour boss Jayne Hrdlicka has flagged a major shake-up of its premium wine portfolio as she talks tough about restoring the Dan Murphy’s and BWS owner to its former glory.
Cheyanne Enciso
International investors are wading into Australia's water market, and while scarcity ensures decent returns, droughts could leave some producers high and dry.
Adrian Black
US stocks have closed at record highs, with anxiety over the Iran war offset by renewed confidence in AI trade.
Staff Writers
Australia’s three-day market winning streak has collapsed in a complete reversal as Middle East tensions sent oil soaring 2.3 per cent.
Kogan surged more than 16 per cent after the online retailer posted stronger sales and earnings as its Australian business offset losses at NZ arm Mighty Ape.
Guided by John Van Der Wielen, the $80 million Bridgewest Ventures fund in chasing funds from family offices and wealth investors for life sciences and deep technology plays across Australia.
Santos boss Kevin Gallagher has declared a $3 billion oil precinct off WA’s coast “looks great” and “stacks up economically” as the company promises to make the State a top exploration target.
Matt Mckenzie
Market sentiment has generally turned more positive over the past week, as traders bet on a de-escalation in the US-Israel war on Iran.
Elizabeth Howcroft
A key contractor at the Thunderbird mineral sands mine is out the door, with the WA operation teetering on the brink of financial collapse.
Adrian Rauso
Chris Ellison’s Mineral Resources is heading underground at the Mt Marion lithium mine in the Goldfields as part of a $490 million expansion it says will deliver customers a higher-grade product.
Daniel Newell
Trump’s social media post about potential Iran deal negotiations has lifted the ASX 200 to two-week highs while sending oil prices tumbling below $US100.
Guzman y Gomez has been hit with a class action lawsuit in the US for allegedly failing to give staff enough notice when it abruptly shut down its loss-making American operations.
The Nikkei has surged to a record high and US stock futures have gained as hopes for an end to the war in the Middle East fuel investors' risk appetite.
Nell Mackenzie and Ankur Banerjee
Qantas’ ultra-long-range Airbus SE A350s will be delayed, a setback to the airline’s plan to operate the world’s longest non-stop flights next year.
Angus Whitley and Danny Lee
One state will have 5 per cent lower power prices from July 1, with the regulator announcing the default offer prices on Monday.
Blair Jackson
US stocks have closed higher as investors monitored developments in the Middle East and as Kevin Warsh took over as head of the Federal Reserve.
Chibuike Oguh, Shashwat Chauhan and Medha Singh
The Australian sharemarket has pushed through choppy financial seas to achieve a stabilising weekly gain.
Asian and European shares have risen, the greenback is near six-week highs and oil has edged up as progress remains unclear in talks to end the Iran war.
Ankur Banerjee and Stefano Rebaudo
