Australia Breaking News

Construction giant John Holland has reported a staggering annual net loss of $117 million.

The Australian Competition and Consumer Commission has issued $39,600 in penalties to PhotobookShop.

Klevo Rewards (ASX:KLV) announced a global expansion strategy through a partnership with the digital asset platform, Bybit.

Oil rebounded from Monday's losses on concern that other nations may be drawn into the Middle East war. Brent climbed toward $104 a barrel, as the Wall Street Journal reported US allies in the Persian Gulf are inching toward contributing to the conflict. Bloomberg's Anthony di Paola reports.

American Rare Earths (ASX:ARR) announced a strategic expansion at its flagship La Paz Project.

US-listed tool procurement company ZKH Group is in talks with bankers for a potential share sale in Hong Kong. That's according to ZKH Group CFO Max Lai, who joined "Bloomberg: The China Show." He also discussed the impact of the war in the Middle East on its business.

Hong Kong based energy supplier Towngas says the impact of recent energy market volatility on its operations should be limited, citing a 25 year natural gas supply contract with an Australian supplier. In addition, Towngas will use more natural gas in the event of naphtha shortage to protect Hong Kong customers. Towngas Managing Director Peter Wong spoke exclusively to "Bloomberg: The China Show."

Avira Resources (ASX:AVW) confirmed the presence of high-grade gold intersections at the Sirdar prospect.

BHP's (ASX:BHP) Australian President warns that the declining competitiveness and high regulatory costs are jeopardising the nation’s energy transition.

Mount Ridley Mines (ASX:MRD) said a substantial maiden inferred mineral resource estimate that establishes the site as a premier destination for high-value critical minerals.

Albright Metals (ASX:ABR) resumed its diamond core drilling operations at the Golden Pike Project in New Brunswick.

Pakistan has reportedly stepped up as a mediator between the U.S. and Iran to de-escalate the ongoing conflict, according to the Financial Times. Bloomberg's Pakistan Bureau Chief Faseeh Mangi and UWA Defense & Security Institute Adjunct Professor Jennifer Parker share insights on what Islamabad brings to the table.