US stocks have closed slightly lower, with each of the three major indices coming off a third straight week of gains, as renewed US-Iran tensions put the durability of a two-week ceasefire in question.
Australia's share market has ended the session slightly higher despite an escalation of tensions in the Persian Gulf boosting oil prices and dragging on risk sentiment.
Liquidators of collapsed medicinal cannabis company Melodiol Global Health want to question banned director Adam Blumenthal, but lawyers are struggling to serve him while he is overseas.
The Bennett family's climate-focused foundation will retain a spot among the state's top 10 givers, despite scaling back spending by a third to $10 million.
The Supreme Court judge deciding the Hope Downs ownership battle found that Lang Hancock spelt out his wishes in 1988 that 49 per cent of Hancock Prospecting go to his grandchildren after he died.
Australia's share market has crimped a three-week win streak despite market optimism the US-Iran conflict could be partially resolved in the near term.
Australia won't increase its fuel-security measures despite a fire wiping out nearly half of petrol production at one of the country's only refineries, the prime minister says.
The US stock market ticked to another record high Thursday as Wall Street waits for more clues about what will happen in the Iran war before making its next big move.
Weak performances from major banks, gold stocks and mega miners have dragged the bourse lower despite hopes of de-escalation in the Middle East boosting the Australian dollar to four-year highs.
The US stock market hit a record Wednesday after adding to its two-week rally built on hopes the war with Iran won't create a worst-case scenario for the global economy.
Australia's share market has pared early gains for a relatively flat finish after hopes of easing US-Iran tensions came up against weakness in some of Australia's largest companies.
The Nasdaq has climbed two per cent while the S&P 500 finished up one per cent and near its record closing high on increasing optimism about the prospects for a Middle East resolution.
China has lifted bans on procurement of the key steelmaking ingredient from mining giant BHP Group, sources tell Reuters, ending a months-long dispute following a visit by the miner's top executives to its largest customer.
The local share market has rebounded as investors cling to hopes the US and Iran might soon return to the negotiating table rather than resume their war.
The S&P 500 and the Nasdaq composite indexes have rallied more than one per cent as investors appeared hopeful that a resolution to the Middle East war could be found.
The Australian share market has fallen after Middle East peace talks broke down at the weekend and the United States said it would begin its own blockade of the Strait of Hormuz.
Australia has not been asked to help stop ships travelling through the critical Middle East waterway and doesn't expect to be, the prime minister says.
Australia's share market has notched its best week since October 2022, despite slipping ahead of key US-Iran ceasefire talks and with little sign Iran's Hormuz Strait blockade is easing.
US stocks rose Thursday, even though oil prices did too, as financial markets moved more modestly a day after surging on optimism about a ceasefire in the war with Iran.
Australia's share market has edged slightly higher, as a fragile ceasefire between the US and Iran hangs in the balance and a key oil transit route remains restricted.
