Financial
What Could Stop the Bond Market Selloff?: 3-Minutes MLIV
Anna Edwards, Tom Mackenzie and Paul Dobson break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
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Financial
ANZ's Zaman Sees BOJ Hikes Starting in September
ANZ FX Research Head Mahjabeen Zaman joins Horizons Middle East and Africa to discuss the outlook for the yen, the prospect of Bank of Japan rate hikes and potential currency intervention. She also weighs the global bond selloff, Federal Reserve policy and the medium-term outlook for the dollar.
Health
Telix Pharmaceuticals appoints David Gill as board chair
Telix Pharmaceuticals (ASX:TLX) appointed David Gill as chair of the board with immediate effect.
Mining
Dundas Minerals secures exploration licence for 270km2
Dundas Minerals (ASX:DUN) has secured exploration licence E38/4002 covering approximately 270km2 in Western Australia.
Energy
Transgrid faces $1.2B EnergyConnect cost rejection
Investors in grid owner Transgrid may absorb more costs after regulators flagged a $1.2 billion expense application.
Financial
Forrester's Kodali on Shein's HK Debut, Outlook
Sucharita Kodali, Vice President and Principal Analyst at Forrester Research, discusses Shein's trading debut in Hong Kong and the outlook for the e-commerce and fast-fashion industry. She speaks with Yvonne Man and David Ingles on Bloomberg: The China Show.
Mining
ABx Group starts rare earth drilling program in Tasmania
ABx Group (ASX:ABX) has commenced a rare earth exploration drilling programme across its tenements in northern Tasmania.
Financial
Anthropic Agrees to $35 Billion Cloud Deal With Lambda
Anthropic agreed to a $35 billion computing deal with Lambda, a cloud provider backed by Nvidia, part of an effort to quickly expand its AI capacity, according to a person familiar with the matter. Bloomberg's Neil Campling has the details.
Financial
Chinese AI Lab MiniMax on Business Strategy
Yeyi Yun, Co-Founder & President at MiniMax, discusses the Chinese AI lab's business strategy from the sidelines of the "Goldman Sachs Asia Leaders Conference."
Financial
Global Bond Yields Climb Back to Highest Since 2008
A selloff in global bonds sent yields back to the highest level in almost two decades as rising oil prices fueled inflation concerns and investors ramped up expectations that the Federal Reserve will raise interest rates. Bloomberg's Ven Ram reports.
Insights
Insights
ACCC raids are triggering sharp sell-offs for WiseTech Global
- The Australian Competition and Consumer Commission executed search warrants at the offices of WiseTech Global regarding past acquisitions and software pricing practices.
- The company's shares recently traded lower at $39.58 following the regulatory action, adding pressure to its software sector valuation.
- Industry executives report that compliance reviews and stricter competition oversight remain key risks across the global technology sector.
Insights
Fast food operators are abandoning costly offshore expansions to protect domestic margins
- Guzman y Gomez posted $1.38 billion in FY26 network sales but logged a $26.7 million statutory net loss due to one-off costs from closing its US operations.
- The company generated $53.4 million in underlying net profit after tax.
- Rising capital demands abroad are forcing quick-service dining brands to pivot towards local restaurant rollouts, margin expansion, and higher dividend payouts.
Insights
The margin squeeze quietly driving private buyout offers across plumbing stocks
- Reliance Worldwide received a $4.1 billion cash takeover proposal from Brookfield Capital Partners, alongside a drop in its full-year net profit to US$6.3 million.
- Building and plumbing product suppliers face compressed net margins due to US import tariffs, manufacturing rationalisation costs, and softer residential housing construction.
- Industry leaders are withholding dividends, exiting low-margin product lines, and evaluating private equity proposals to preserve operational liquidity.
Insights
Why Gina Rinehart’s mining fortune is suddenly swapping dirt for rockets
- Gina Rinehart's Hancock Prospecting purchased eight million shares of SpaceX for US$1.37 billion. The firm stated this diversifies its portfolio away from Western Australian mining operations.
- The transaction drove a 72% increase in the firm's US equities portfolio to US$5.71 billion. These listed space peers share massive capitalisation metrics driven by institutional tech allocations.
- Developing orbital infrastructure requires extreme capital intensity. Aerospace executives project that scaling launch vehicles will demand continuous funding before reaching profitability.
Economy
Economy
Australian building approvals fell in July after a multi-year high
Total Australian dwelling approvals fell 3.6% to 17,687 units in July, according to the Australian Bureau of Statistics.
Economy
Australia trade deficit widens to $27.2B in June quarter
Australia recorded a current account deficit of $27.2 billion in the June quarter as surging fuel and vehicle imports expanded the national trade deficit.
Economy
Aussie private capital expenditure falls 3.6% in June quarter
Australian private new capital expenditure fell 3.6% in the June quarter of 2026.
Economy
Australian household spending rises 1.1% in July
Australian household spending grew by 1.1% in July, driven by higher consumer demand in discretionary and essential categories.
