Market Reports

• Australian Market Report: The S&P/ASX 200 closed up on Friday, gaining 39.5 points or 0.5 per cent, at 8231.20. The Australian dollar finished the week slightly lower against the greenback to buy US63.97¢, down from US64.10¢ on Thursday at 5pm..... [more]

• U.S. Market Report: U.S. stocks ended the week on a quiet note on Friday after oscillating between slight gains and declines, as investors gauged President Donald Trump's comments on Chinese tariffs ahead of weekend trade talks between the two countries..... [more]

• European Market Report: European stocks closed higher on Friday amid optimism about the U.S. and China agreeing on a trade deal this weekend..... [more]

• Asian Market Report: Asian shares ended mostly higher on Friday as investors parsed China's April trade data and looked ahead to crucial Sino-U.S. talks scheduled for this weekend..... [more]

Australian Business News

• The Federal Reserve confronts sharpening policy tradeoff it between weaker activity and sticky inflation at its meeting this week as seen in the Q1 GDP data..... [more]

• 18 Share Tips – 12th May 2025.... [more]

• Australia’s central bank is being urged to learn the lessons from previous cycles and not cut interest rates in order to stop surging house prices, even in the event of a global recession..... [more]

• Most young Aussies are set to retire with a whopping $3 million in their superannuation accounts. That’s according to the latest modelling from an economist in the wake of Labor winning the election.... [more]

• BT Panorama has signalled key changes to pricing including increasing some administration fees and removing historical individual arrangements. The Westpac-owned platform .... [more]

• Macquarie Group posts $3.7B annual profit amid market uncertainty.... [more]

• As gold demand rises, here’s how you find an outperformer..... [more]

• The unloved energy source undergoing a renaissance. Electricity needs in the US are forecast to accelerate in the years ahead. We believe nuclear energy will play a key role in meeting demand..... [more]

• Jameson Resources Ltd (ASX:JAL) has projected increases to both capital and operating costs for its Crown Mountain hard coking coal project in Canada – in which it holds a 90% interest – with an update on project feasibility.... [more]

• Thank you for letting us make you rich: claims of ‘bizarre’ culture in Gina Rinehart’s company. Former staff lift the veil on life at Hancock Prospecting, where they say the boss is lavishly praised and adulation is encouraged.... [more]

• Australia exported more than 127,000 tonnes of beef last month, a record for April. The biggest customer was the United States (37,213 tonnes), followed by China (21,572 tonnes)..... [more]

• Scentre Group (ASX: SCG), Australia’s largest shopping mall operator, is set to capitalise on expiring leases signed during the Covid-19 downturn, potentially boosting rental income over the next two years, according to Morgan Stanley..... [more]

• In a game-changing development, ASX-listed TZ Limited has clinched its first order for 120 smart cabinet locking kits for global data centres, with technology titan Microsoft sitting squarely behind the deal..... [more]

• What’s going on with Webjet Group’s share price?.... [more]

• Competition is toughening, but will it be enough for Qantas to lift its game? Less than two years ago, public fury towards the aviation sector – and the Albanese government’s handling of it – was white-hot..... [more]

• A massive national fashion retailer that has been on the brink of collapse for some time has reportedly finally succumbed. CBCH AUSTRALIA PTY LTD, better known by its trading name Colette by Collette Hayman.... [more]

• From ‘money muling’ to ‘micro-laundering’, new scams grab watchdog’s attention..... [more]

• Comment - Joseph Taylor: Stock showdown: How similar are BHP and Rio Tinto as investment propositions? I enlist the help of our global mining analyst Jon Mills to compare the ASX mining heavyweights..... [more]

• Comment - James Mickleboro: How to generate $70,000 of passive income a year from ASX shares. ASX shares could be the key to generating a big income boost. Here's how to do it..... [more]

• Analysis - Ross Garnaut says Labor's historic victory could change global energy trade. Ross Garnaut says this moment is significant..... [more]

World Business News

• Wall St Week Ahead: US stock market leadership eyed with crucial economic data on tap.... [more]

• US officials say deal struck to cut China trade deficit, details on Monday (US Time).... [more]

• Treasury Secretary Scott Bessent on Sunday said U.S.-China trade talks had made "substantial progress," after President Trump said the negotiations led to a "total reset" in the two sides' trade relationship..... [more]

• Investors are hopeful that U.S.-China trade talks will cool a trade war between the world's two largest economies and dispel some of the uncertainty clouding financial markets, though few expect a major breakthrough just yet..... [more]

• In a market dominated by shocking headlines and policy whiplash, seasonal mottos like the old favorite, "sell in May and go away," might need a rethink. .... [more]

• The luxury market is losing a big customer: middle-class shoppers with money to burn. After years of YOLO spending during the pandemic era, middle-income households.... [more]

• Wellness companies eager to avoid WeightWatchers' fate embrace weight-loss drugs .... [more]

• The ‘Magnificent Seven’ are back in the stock market’s driver’s seat — but are they still a buy? Why technology stocks are projected to outpace defensives through 2027 — and whether they present a buying opportunity for investors.... [more]

• Walgreens doubles down on prescription-filling robots to cut costs, free up pharmacists amid turnaround.... [more]

• Drug companies to pay Hawaii $700 million to settle Plavix blood thinner lawsuit.... [more]

• The founder and former CEO of the cryptocurrency lending platform Celsius Network has been sentenced to 12 years in prison after a prosecutor labeled him a predator who “preyed on hope”.... [more]

• Puerto Rico seeks to lure manufacturing to boost its economy as Trump’s tariff war deepens.... [more]

• A political push to pare back EU sustainability regulations must not mean losing information on material risks or force investors to rely more heavily on third-party data providers, Europe's main asset management trade group said on Friday..... [more]

• ‘Look forward, not back’: UK keen for closer trade ties with EU, says Starmer. PM says he has ambitious plans for partnership and argues Britons have moved on from Brexit.... [more]

• U.S. tariffs are not likely to have a "dramatic" effect on Britain's economy and the Bank of England should not neglect longer-term domestic pressures that might push up on inflation, BoE Chief Economist Huw Pill said on Friday..... [more]

• British plane parts ‘exempted from Trump tariffs’ as US trade deal progresses. Boost to £40bn UK aerospace industry as Rolls-Royce engines and aircraft parts reportedly excused by US commerce secretary.... [more]

• UniCredit board members seek M&A clarity after setbacks, sources say.... [more]

• UK interest rate cut may not be enough to improve voters’ dim view of the government. Bank’s move appears to go against the theory that rate cuts will lead to rising inflation and higher wage demands.... [more]

• The founder of the Kwik Fit garage chain, Sir Tom Farmer, has died at the age of 84. The Edinburgh-born businessman died peacefully at his home in the city on Friday, his family said..... [more]

• China's factory-gate deflation deepens as trade war bites.... [more]

• Heavy equipment maker Sany eyes doubling of overseas revenue after Hong Kong IPO. Aiming to raise up to US$1.5 billion in its proposed listing, company eyes lucrative overseas sales amid weak demand at home.... [more]

• Japanese Prime Minister Shigeru Ishiba reiterated on Sunday that he will aim for the elimination of all tariffs in trade negotiations with the United States. Speaking on a Fuji Television morning program.... [more]

• Stock Bulls in India, Pakistan Anticipate Rebound After Truce.... [more]

• Saudi Arabia’s state-owned oil giant Aramco posted first-quarter profits of $26 billion on Sunday, down 4.6% from the prior year as falling global oil prices undermine the kingdom’s multi-trillion-dollar development plans..... [more]