December 24, 2024

ASX rallies | Home buyers’ ‘brief window’ to snag deals | Bill Granger dies

Bill Granger #BillGranger

Rinehart-backed miner wants short-selling reformTwo more chief executives have pleaded for critical minerals companies to get regulatory protection from short-sellers who bet on share prices falling.

Two more boats pull out of Sydney to Hobart as storms hitThe Sydney to Hobart fleet has been reduced to 98 boats after Maritimo 52 pulled out of the competition on a stormy first night of racing.

Around the world

Israel warns of regional conflict risk as Iran tensions increaseDefence Minister Yoav Gallant told a parliamentary committee that Israel was being attacked in a ‘multi-arena war’ from seven areas.

Banks shed 60,000 jobs in one of worst years for cuts since GFCInvestment banks suffered a second consecutive year of plummeting fees as dealmaking and public listings dried up, leaving Wall Street trying to protect margins.

A new tax on imports and a split from China: Trump’s 2025 trade agendaWhile the Biden administration has kept tariffs that Mr Trump imposed on China, the latter would go far beyond that and try to wrench apart the world’s two largest economies.

Matter of opinion

How were so many economists so wrong about a US recession?There is a reason that so many economists have been predicting a recession in the US — and it is not because they are out of touch, writes Tyler Cowen.

Prospect of a second Trump term demands preparation, not panicA new season of Trump-presidency panic is upon us. And for good reason: Donald Trump could be re-elected in 2024, writes Noah Feldman.

Business life

Bill Granger, restaurateur and food writer, dies at 54Australian restaurateur and food writer Bill Granger died aged 54 on Christmas Day in London, his family has confirmed.

Why you don’t need to spend more than $30 for great bubbly this NYEWith champagne, you generally get what you pay for, but there are ways to drink sparkling without going overboard.

This film will polarise viewers, some will walk outEmma Stone plays a female Frankenstein’s monster in this tale about an infant in a woman’s body.

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