BUSINESS

Australia's ASX 200 traded near flat as falling bank, energy and utilities shares offset gains in materials stocks after the RBA warned inflation risks may be increasing.

Micron shares extended their steep 2025 rally as investors focused on AI-driven memory demand, upcoming quarterly results and competitive pressure from China's CXMT.

Apple CEO John Ternus described Vision Pro as being in the early stages of a long technological journey, pointing to surgical applications despite limited mainstream adoption.

Viking Therapeutics shares rose nearly 30% after maintenance-trial results showed patients retained most of their weight loss on less frequent dosing of experimental drug VK2735.

X has introduced a trade button for cashtags, linking users to partner brokerages for charts and trade execution as Elon Musk expands the platform's financial services.

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Novig's provocative Sydney Sweeney campaign has sparked widespread attention and criticism, but marketing experts say the sports prediction platform must still prove it can turn viral interest into lasting customers.

India's Nifty 50 fell 0.36% to 23,329 on Tuesday, ending a four-session winning streak as information technology stocks outweighed a stronger opening and positive global cues.

South Korea's Fair Trade Commission has begun reviewing Uber's proposed acquisition of Delivery Hero, which would give Uber control of Baemin and link the country's major mobility and delivery platforms.

South Korea's KOSPI closed above 7,000 for a second straight session as record semiconductor exports, strong technology shares and easing index concentration supported the rally.

Sunrise Energy Metals shares rose 12.71% as investors backed the company's Syerston scandium project, supported by proposed US government financing and a Lockheed Martin offtake arrangement.

Sydney-based fintech OpenDebt has secured $2 million in seed funding to expand autonomous voice agents for debt recovery, targeting Australian lenders, utilities and collection agencies.

Dollarama's reported Australian expansion is expected to intensify competition for accessory distributors and major retailers as the discount chain applies its direct-from-factory sourcing model.

Apple has begun selling the iPhone 18 Pro and Pro Max globally, featuring a variable-aperture camera, Siri AI powered by Google Gemini models and new image-authentication tools.

Amazon is expanding refunds under its FTC settlement over Prime enrolment and cancellation practices, allowing more customers to receive automatic payments of up to $200 without filing a claim.

Robinhood shares rose nearly 9% after the SEC introduced an exemption for tokenised stocks, adding to optimism around the company's blockchain strategy despite ongoing regulatory uncertainty.

Coinbase shares rose 11.72% to US$194.36 as bitcoin climbed above US$80,000, while an SEC tokenisation exemption and a new partnership with X boosted investor sentiment.