Business Insights: Mar 8 - Australia (5 stories)

Here is your Weekly summary for Business & Finance across Australia for Mon 2nd March - Sun 8th March 2026

Bank of America has highlighted significant selling activity by commodity trading advisors (CTAs) in the S&P 500 and Nasdaq last week, indicating a potential shift in market sentiment that could impact investor strategies. Meanwhile, Kuwait has officially confirmed reports of oil production cuts, a move that could influence global oil prices and supply dynamics amid ongoing geopolitical tensions.

In corporate news, Ligand Pharmaceuticals' CLO Reardon has sold $1 million in shares, raising questions about insider sentiment and future company performance. Additionally, recent filings from OceanFirst Financial Corp and TripAdvisor suggest ongoing corporate governance activities, reflecting the evolving landscape of investor relations and strategic positioning in the market.