Yahoo Finance ASX to lift as $1 million offered to solve death
Good morning.
Here's your Yahoo Finance Thursday morning wrap:
ASX: The Australian share market is poised for a hopeful start after all three major US bourses closed in the green.
Wall Street: At the time of writing, the NASDAQ was up nearly 1 per cent; S&P 500 up 1.18 per cent; and the Dow up 1.44 per cent. But stocks have been choppy lately, with tech stocks particularly sensitive to high yields on US 10-year Treasury notes. More on Wall Street's overnight performance here.
Sexual assault in the workplace. That's what we've been hearing a lot about lately – except the workplace is Parliament House. Brittney Higgins has formally made a complaint about her alleged rape in the office of her then-boss, Defence Minister Linda Reynolds, an incident that happened in 2019.
Business confidence has improved, but economists aren't sure that this will translate to business investment per se. And this could in fact be a drag on the economy's recovery.
Berkshire Hathaway vice chairman Charlie Munger isn't a fan of Bitcoin. He says it's like "too volatile", an "artificial substitute for gold", and doesn't think you should invest in either. His comments were streamed by Yahoo Finance US.
A "misunderstanding". That's what former UK deputy prime minister and now Facebook vice president of global affairs reckons Australia's stand-off with Facebook was. He wrote a blog post titled The Real Story Of What Happened With News On Facebook In Australia and said news publishers were essentially demanding a "blank cheque" from Facebook. More here.
Gender equality will be a focus of the organisers of the Tokyo Olympic Games. Seiko Hashimoto is the new president of the Tokyo 2020 Organising committee, and she replaces 83-year-old former prime minister Yoshiro Mori, who resigned mid controversy about sexual remarks he made. Here's what she's said.
$1 million dollars. That's how much you'll get if you solve this mysterious murder of more than 13 years ago.
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