The Australian sharemarket is set to open higher after fresh gains on Wall Street following US President Donald Trump’s call for cuts in interest rates and oil prices.
Plus: Chip stocks fall after warning from Nvidia supplier; ByteDance pondering non-sell options for TikTok; Albanese pays tradie apprentices $10,000 to build Australia.
The private credit sector is awaiting ASIC’s review, with transparency around valuations, trustee independence and fee structures looming large.
Labor said it would continue talks over the summer after a deal broke down late last year. But the government has yet to revive the negotiations.
The media giant also signposted structural changes for ESPN’s Australian subsidiary, which has been folded into its Australian business.
US President Donald Trump reignited his “America First” agenda during a virtual address to the World Economic Forum (WEF) in Davos, pushing for immediate global interest rate cuts and lower oil prices ...
TikTok’s parent company, ByteDance, is exploring options to maintain US operations without selling the platform, board member ...
Chip stocks including Nvidia, were falling on Thursday (Friday AEDT) after South Korean memory-chip maker SK Hynix warned of sluggish demand, despite the sector’s prospects linked to Donald Trump’s ...
US jobless claims rose marginally last week, with initial applications increasing by 6,000 to 223,000, slightly higher than expected.
Puma shares plunged after the shoemaking company reported disappointing earnings and announced a cost-cutting program.
Prime Minister Anthony Albanese will announce on Friday a $10,000 incentive payment to encourage more Australians to take up ...
Donald Trump's mega AI infrastructure announcement was ultimately overshadowed by the long-running feud between two of the ...