US stocks closed modestly lower overnight, weighed down by a jump in treasury yields and economic data that showed tariffs remained a drag on the manufacturing sector.
Australia's share market has started the month on the back foot, tracking a turnaround in global risk appetite after a hawkish speech from the Bank of Japan's governor.
IGA supplier Metcash has delivered a $142.2 million first-half net profit, up barely 0.3 per cent from a year ago, after tobacco sales dropped by 35 per cent.
US stocks climbed on Friday (Saturday morning AWST) in thin trading volume during a shortened session after Thanksgiving, driven by gains in retail and a recovery in tech stocks.
Mader Group has claimed the premier accolade at the WA Business Awards, with Cancer Council WA, Pindari WA and Revo Fitness among the suite of companies celebrated.
A legal battle that has erupted over the multimillion-dollar estate of the former prince Andrew and Jeffrey Epstein accuser Virginia Giuffre might get even bigger.
Major environmental reforms will not push up energy bills and might provide relief by fast-tracking renewables, with the laws set to clear the parliament.
Economists say the Reserve Bank might have lowered interest rates too far after a surprise inflation print revealed price pressures are still running hot.
Wall Street extended its rally overnight as revived tech strength and the increasing probability of a December interest rate cut from the US Federal Reserve put investors in a buying mood.
Wall Street has extended its rally as a spate of economic data appeared to support the case for the US Federal Reserve to implement its third and final rate cut of the year in December.
Solid gains on Wall Street follow improved odds of a US interest rate cut in December with the tech-heavy Nasdaq out front as investors defy valuation concerns.
Australia's share market has bounced from a recent sell-off after hopes of US interest rate cuts overwhelmed a gloomier outlook for local borrowing costs.
Australia's share market has crumbled to its lowest level since June, as concerns about stretched valuations meet a reduced outlook for interest rate cuts.
Wall Street stocks slid overnight in a sharp reversal from an early rally, as technology gains faded after a boost from Nvidia's earnings and US jobs data muddied the labour market outlook.
