Market Reports
Australian Market Report: The Australian share market has closed higher with gains for consumer, banking and IT stocks continuing a positive lead-in from Wall Street on Friday. The benchmark S&P/ASX200 index ended the day up 0.23 per cent at 5,957.3 despite a flat performance for energy and mining stocks.... [more]
U.S. Market Report: Wall Street’s main indexes were on track to post small weekly losses on Friday as investors were skeptical about the Republicans’ efforts to pass the tax bill.... [more]

Australia News
Alloy Resources is the ASX Most Active after results from Ophara Cobalt-Gold Project... [more]
Singapore billionaire Michael Kum has asked the Takeovers Panel to intervene in MMA Offshore’s $97 million capital raising, claiming it would unduly affect a shareholder vote on a change of leadership. An application today by Mr Kum’s Halom Investments alleges the equity offer appeared designed to ensure the incumbent directors were able to maintain control of the MMA board and that it distorted the voting power of shareholders.... [more]
Bryah Resources’ survey eyes copper-gold deposits at Bryah Basin Project... [more]
Battery Minerals targets cash raiser as drilling starts at Balama Central Graphite Project. The halt will remain in place until Tuesday 21st November 2017... [more]
Zelda Therapeutics' shares released from escrow... [more]
Tabcorp-Tatts merger back on track for now... [more]
A deep sales slump at David Jones has underlined the tough conditions in the department store sector and sparked a prediction that lower prices will be needed to lure shoppers. A trading update released by David Jones's South African-based owner, Woolworths Holdings, revealed sales at its Australian department stores declined 5.3 per cent in the past 20 weeks.... [more]
Kogan chief executive and founder Ruslan Kogan has tried to reassure investors that the business will benefit, rather than suffer, from the arrival of Amazon in Australia. As a positive trading update sent Kogan shares to a three-week high, Mr Kogan told shareholders at the company's annual general meeting that Amazon will provide another platform for his online retail empire, which sells consumer electronics, general merchandise, travel deals and insurance.... [more]
Domain is overvalued at $2 billion and the property advertiser's share price is "excessive", analysts have said. Citi analysts on Friday rated the newly listed Fairfax spinoff a "sell" and set a target of $3.40 per share, about eight per cent below their price on the second day of trade on the ASX.... [more]
Tourism bodies across the state are moving quickly to angle their marketing campaigns toward same-sex couples ready to get married. Economists and tourism experts say legalising same-sex marriage could inject millions of dollars into Queensland's economy as they start entering the already lucrative wedding market.... [more]
'Implausible': Westpac trader grilled over testimony... [more]
Comment - Fred Schebesta: On this trajectory it won't be long before one Bitcoin is worth $1 million a pop. Eight years ago, if I told you you'd be a millionaire today if you invested in Bitcoin, would you buy it?... [more]

World News
Congressional Republicans took important steps on Thursday toward the biggest U.S. tax-code overhaul since the 1980s, with the House of Representatives approving a broad package of tax cuts, and a Senate panel advancing its own version of the legislation sought by senior lawmakers and President Donald Trump.... [more]
Airbnb has acquired London startup Accomable to expand home-renting opportunities for people with disabilities, the latest expansion as Airbnb grows its global travel business.... [more]
Stitch Fix IPO: 5 things to know about online clothing service... [more]
GM's Cadillac expects China sales to jump 60 percent in 2017... [more]
Comcast Corp. has approached the media company to express interest in buying a substantial piece of it, according to people familiar with the situation.... [more]
PayPal Holdings Inc. shares closed at a record high Thursday after the company announced the sale of its $5.8 billion U.S. credit portfolio, and executives told investors that it expected to earn more profit on higher sales than the company previously expected.... [more]
Moody’s Investors Service upgraded its ratings on India’s sovereign bonds for the first time in nearly 14 years on Friday, saying continued progress on economic and institutional reform will boost the country’s growth potential.... [more]
New $200,000 Tesla Roadster speeds in front of electric big-rig truck... [more]
Ireland is not ready to allow talks on Britain’s withdrawal from the European Union to move to the second phase next month, Foreign Minister Simon Coveney said on Tuesday. “Yes we all want to move onto phase two of the Brexit negotiations but we are not in a place right now that allows us to do that.... [more]
President Emmanuel Macron said on Friday that France’s position on Brexit talks had not changed and that there could be no talks on the future relationship between Britain and the EU as long as issues around citizen rights, Ireland and the divorce bill had not been settled.... [more]
Some European countries want the Brexit talks to move on to focus on trade and, although Germany and France are key to allowing that progress, it is a decision for the whole of the bloc, Britain’s Brexit minister David Davis said on Friday.... [more]
Volkswagen’s supervisory board is discussing a five-year spending plan totaling more than 70 billion euros ($82.5 billion) to further transform the group into a leader in electric cars, a person familiar with the talks told Reuters.... [more]
British economic growth will remain tepid over the coming few years, lagging well behind its peers, and could even be worse than economists polled by Reuters currently predict, as most say risks to their forecasts are to the downside. These findings are in stark contrast to a Reuters poll also taken Nov. 13-16 on the euro zone, which found economists at their most optimistic about economic performance on the Continent since the financial crisis.... [more]
Nissan Motor Co Ltd on Friday blamed a staff shortage for improper final inspections at its car plants in Japan for over 20 years, and said it would increase the number of trained staff as part of a plan to improve compliance.... [more]
Opinion - Phillip Van Doorn: Wal-Mart might finally be a better investment than Amazon... [more]