Australian shares crashed $60bn on Tuesday in the worst trading session since Liberation Day tariffs, with the ASX 200 falling 1.94% as tech stocks plummeted and recession fears intensified across global markets.
Michael Lee
Nov 19, 2025
National Australia Bank reported FY25 cash earnings of $7.091 billion (down 0.2%) and statutory profit of $6.759 billion (down 2.9%), missing analyst expectations. Credit impairment charges rose 14.4% while shares trade at 2.1x book value—a 38% premium to 10-year average and highest valuation in over a decade.
Michael Lee
Nov 08, 2025
Australia opened the world's first commercial quantum diamond foundry in Melbourne with $31 million in government funding. Quantum Brilliance's facility produces lab-grown diamonds for room-temperature quantum computers, creating new opportunities for specialized manufacturing and technology insurance.
Michael Lee
Nov 05, 2025
Australian photo-sharing app Tinybeans (ASX: TNY) acquired US rival Qeepsake for $4.1 million in an all-stock deal, nearly doubling its subscriber base to 90,000. The acquisition costs just $67 per subscriber — far below organic acquisition costs — and boosts revenue 85%.
Michael Lee
Nov 04, 2025
Australian home prices surged 1.1% in October 2025, the fastest monthly gain in over two years, adding $10,000 to median dwelling values. CoreLogic data shows Perth led with 1.9% growth while every capital city recorded gains. Annual growth hit 6.1% as rate cuts fuel property boom.
Michael Lee
Nov 04, 2025
ASX 200 slipped 0.04% on Friday to close at 8,881.90, capping a volatile October that saw the index erase two months of gains. Hot CPI data killed rate cut hopes while Domino's Pizza surged 36% on takeover speculation and CSL crashed 15% on a revenue warning.
IBT Staff
Nov 02, 2025
Israel-based Talma Travel Solutions acquired Sydney's Bay Travel Group for $10 million, marking its entry into Australia. The deal continues Talma's aggressive global expansion strategy with plans for more Asia-Pacific acquisitions in 2026.
Michael Lee
Nov 01, 2025
Australia's digital asset sector enters a defining regulatory phase as Treasury's draft legislation mandates Australian Financial Services Licence requirements for cryptocurrency platforms.
William Jones
Oct 31, 2025
Charter Hall Retail REIT (ASX: CQR) has purchased four standalone Bunnings outlets across New South Wales and Queensland for A$151 million, expanding its net-lease hardware exposure and lifting its FY26 earnings guidance.
Michael Lee
Oct 31, 2025
Chip-maker Nvidia has become the first company in history to surpass a $5 trillion market value, driven by soaring artificial-intelligence chip demand, strategic partnerships and a strong keynote at its GTC event — but experts warn of a possible tech bubble.
Michael Lee
Oct 30, 2025
Wesfarmers discloses that its retail staff faced more than 13,500 threats and about 1,000 assaults in the past year, prompting plans for enhanced safety measures across its stores.
Michael Lee
Oct 30, 2025
Melbourne's upcoming event trio—Oasis, Melbourne Cup Carnival and Metallica—could generate around A$110 million in economic activity, offering a major boost to local hospitality, accommodation and retail sectors.
Michael Lee
Oct 29, 2025
Sweden's EQT proposes A$45 per share cash bid for Australia's AUB Group, valuing the insurance broker at A$5.25 billion amid global consolidation in the broking industry.
Michael Lee
Oct 29, 2025
WiseTech Global headquarters raided by Australian Federal Police and ASIC investigating chairman Richard White's alleged share trading violations. Stock plunges 17% as investigation unfolds.
Michael Lee
Oct 28, 2025
Anthropic has signed a multi–billion dollar deal to expand its use of Google Cloud and buy up to one million Tensor Processing Units (TPUs). The move will add over a gigawatt of AI computing power by 2026 to meet surging demand for its Claude models, as the startup intensifies its race with OpenAI, Amazon, and Microsoft.
AFP news
Oct 25, 2025
China announced plans to massively expand its high-tech industries over the next decade, focusing on quantum computing, hydrogen and fusion energy, and brain-computer interfaces. Officials say the initiative will reshape the country's technological landscape and strengthen its global leadership.
AFP news
Oct 25, 2025
Disneyland Paris has canceled its planned pop-up store and holiday window displays at BHV Marais amid protests over Shein's arrival at the historic Parisian department store. Trade unions and other brands have criticized Shein's expansion, leading to disruptions in seasonal events.
AFP news
Oct 24, 2025
A new report reveals US oil and gas giants pay billions more in taxes overseas than at home, despite producing most of their fuel domestically. Tax loopholes and subsidies under Trump-era policies fuel this disparity.
AFP news
Oct 24, 2025
UN Secretary-General Antonio Guterres warned that global debt has soared, leaving developing countries paying more on interest than on health or education. He launched the Sevilla Forum on Debt to improve financing, strengthen investment, and align trade policies with climate goals.
AFP news
Oct 23, 2025
Novo Nordisk plans to replace more than half its board, including the chair, following a governance dispute with its majority shareholder. The shake-up comes as competition for the Ozempic and Wegovy weight-loss drugs intensifies and the company cuts 9,000 jobs to adjust its growth strategy.
AFP news
Oct 22, 2025
General Motors reported stronger-than-expected Q3 profits despite a $1.6 billion EV investment write-down and $1.1 billion in tariff costs. CEO Mary Barra's strategy pivot toward gasoline-powered vehicles and US plant investments drives a positive outlook, sending shares up over 15 percent.
AFP news
Oct 22, 2025
Embraer posts a record $31.3 billion order backlog in Q3 2025, driven by strong commercial and executive aircraft demand. The Brazilian aviation giant delivered 62 planes and benefited from US tariff exemptions, representing a 38% increase from last year.
AFP news
Oct 22, 2025
Adidas posts record third-quarter revenue of €6.63 billion, driven by brand momentum and successful tariff mitigation. The German sportswear giant raises its 2025 earnings forecast to €2 billion, signaling strong recovery after the Yeezy disruption and robust global sales performance.
AFP news
Oct 22, 2025
OpenAI unveils Atlas, a new AI-powered web browser built around ChatGPT, offering agent mode to search the web autonomously. Available first on Mac computers, Atlas challenges Google Chrome with smart browsing, app integration, and AI-assisted web navigation, while paid users unlock advanced agent features.
AFP news
Oct 22, 2025
Japanese stocks led gains across Asia, with the Nikkei 225 hitting a record high after Japan's ruling party secured a coalition deal. Global markets climbed as easing US-China trade tensions boosted investor sentiment, while European markets saw mixed results following BNP Paribas's sharp drop.
AFP news
Oct 21, 2025
Klarna's Pricerunner is suing Google for $8.3 billion in Sweden, accusing the tech giant of manipulating search results to favor its own shopping service. The case follows EU rulings confirming Google's breach of antitrust laws.
AFP news
Oct 21, 2025
China's economy grew just 4.8% in the third quarter of 2025 — its slowest pace in a year — as exports offset weak consumer spending and a deepening property crisis. Leaders in Beijing are meeting this week to plan a new five-year strategy amid pressure from U.S. tariffs and falling domestic demand.
AFP news
Oct 21, 2025
Swiss food giant Nestle on Monday dismissed Laurent Freixe as chief executive with immediate effect over an "undisclosed romantic relationship with a direct subordinate".
AFP news
Sep 02, 2025
The Lite Travel Pack 30L is a lightweight, durable backpack packed with smart organisation features, making it perfect for Aussie travellers, weekend getaways, and tech-savvy nomads.
Teddy Cambosa
Aug 26, 2025
Founded by Managing Director Kris Lewin, the company has built a reputation on a simple but powerful idea: bringing physical and electronic security under one roof.
Callum Turner
Aug 21, 2025