ASX:MYR

Fletcher Jones is shutting down: What’s next for Australia’s century-old retailer

Fletcher Jones will close all remaining stores and its online business by the end of January, launching a 30% clearance sale. Owner Matthew Gowty plans to sell the brand after the shutdown. The company, founded in 1924, currently lists three Victorian locations. The move follows Sass & Bide’s announcement to close stores and pause online sales ahead of a relaunch.

17 January 2026

ASX:MYR

ASX 200 Edges Higher as Miners Rally and Rate Jitters Grow – Australia Stock Market Today, 11 December 2025

The S&P/ASX 200 closed up 12.6 points at 8,592 on Thursday, rising 0.15% after a volatile session. Miners led gains as iron ore stayed above $100 a tonne, while tech stocks fell. The US Fed cut rates by 25 basis points but signaled slower easing ahead. Australia’s unemployment rate held at 4.3%, fueling debate over a possible RBA hike in early 2026.

11 December 2025

ASX:AMP·ASX:BHP·ASX:CYL·ASX:DRO·ASX:FLT·ASX:FMG·ASX:JHX·ASX:MYR·ASX:PMV·ASX:RIO·ASX:RMS

NIO Stock Rises as Tesla Sells Off Following First Profitable Quarter
March 19, 2026, 9:53 PM EDT. NIO Inc. shares edged up 1.2% to $5.89, breaking a two-day slide and defying a broader Nasdaq decline and Tesla's 3.2% drop amid regulatory scrutiny. The electric vehicle maker reported its first-ever quarterly net profit, driven by record deliveries and a vehicle margin of 18.1% in Q4, signaling healthier unit profitability. Despite weaker trading volume, investors remain cautious, balancing optimism from HSBC's upgraded Buy rating and raised $6.80 price target against DBS analysts' Hold stance citing sector headwinds and strong competition. CEO William Li warned of chip shortages raising costs by up to 10,000 yuan per car, risking production halts. Focus now falls on NIO's ability to meet 2026 delivery targets without squeezing margins amid a tough Chinese auto market.