Capital Brief — Business news and politics for the new economy
WEBCapital Brief covers business and politics news for those shaping the new Australian economy: founders and executives who need capital to grow their businesses, the people who help them get it, investors who allocate it, and decision makers in …
US Fed slashes rates by 50bps, kicks off cutting cycle
WEB1 day ago · The news: The US Federal Reserve cut its benchmark interest rate by 0.5 percentage points, lowering the federal funds rate to a range of 4.75% to 5% following concerns over the labour market. The numbers: The decision saw an 11-1 vote, with Governor Michelle Bowman dissenting in favour of a smaller 0.25-point cut, the first by a Fed board member since 2005.
Morgans predicts oil supply balance deficit in 2H 2024
WEB15 hours ago · The news: Morgans analysts predict the oil market will enter a supply balance deficit before the end of the year, as supply fails to keep pace with higher-than-expected demand. The numbers: The analysts said the oil market "may be pricing in some demand destruction", but if that does not materialise they expect Brent oil to recover to over US$80 ($117.50) per barrel in the next one to three ...
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WEBUS, UK sanction Iran for supplying missiles to Russia. 11 September 2024. Next page. Business news including Greens to propose $50m fines for price gouging, Labor to introduce revamped misinformation bill, Labor unveils its privacy and doxxing plans.
Microsoft, BlackRock to launch US$30b AI infrastructure fund
WEB2 days ago · The news: Global investors BlackRock, Global Infrastructure Partners (GIP) and MGX have joined with tech giant Microsoft to launch a new artificial intelligence partnership, with plans to invest in data centres and support power infrastructure. The numbers: The investment vehicle, known as Global AI Infrastructure Investment Partnership (GAIIP), will initially seek to unlock US$30 billion ($44 ...
Scarcity formally snaps up Dinimus stake in private credit play
WEB19 hours ago · Sydney 'GP staking' firm Scarcity Partners has officially joined the stampede into the booming private credit sector after securing an equity stake in non-bank funder Dinimus Capital for an undisclosed sum.. Scarcity – which was started by former Pinnacle director Adrian Whittingham and COO Alex Ihlenfeldt last year – took a 35% minority position in the corporate debt issuer to conclude ...
Markets — Capital Brief
WEB3 days ago · Markets news including ASX hits new highs, The trading quirk fundies are exploiting to profit from CBA's gravity-defying rise, Lawyers for ASIC's 'pump and dump' case wade through 50k documents.
Finance and markets — Capital Brief
WEBThe latest finance and markets news from Capital Brief, including banking, deals, ESG, funds management, investment banking, infrastructure, markets, private equity, professional services and venture capital coverage.
Technology and startups - Capital Brief
WEB2 days ago · EML Payments sells Sentenial business for $53.4m. The latest technology news from Capital Brief, including artificial intelligence (AI), big tech, consumer tech, cybersecurity, enterprise tech, venture capital and startup coverage.
The Edition newsletter - Capital Brief
WEB4 days ago · Gross domestic press. Treasurer Jim Chalmers has faced a barrage of media criticism this week over his comments on the impact of high interest rates on the economy. Is it justified? Jennifer Duke · 4 September 2024. See all issues. Sign up to our flagship newsletter for daily insight into the biggest stories in the new Australian economy.