Australia Breaking News

Eastern Gas (ASX:EGA) has signed an indicative non-binding term sheet with RiverFort Global Capital for a proposed R&D loan facility of up to $10 million.

Major banks, insurers and online travel agencies stocks took a tumble this week after Meta's new artificial intelligence agent, Muse rose to the top of Apple's app store. Increasing usage of the app sparked fears that personal AI tools could disrupt businesses that benefit from so-called consumer inertia. The Opening Trade spoke to guests about whether the latest AI developments are impacting their outlook for stocks and the broader sector amid an increasingly complex AI trade.

Indiana Resources (ASX:IDA) finished a 1,764-metre reverse circulation drilling programme across 10 holes at its Gawler Craton Project.

The NSW Minister for Gaming and Racing has amended the Casino Control Regulation 2019 to extend the manager term for The Star Sydney.

Israeli Prime Minister Benjamin Netanyahu vows to press ahead with his country's wars as he addressed the UN General Assembly, where many delegates walked out ahead of his speech. Facing an election next month, Netanyahu also took aim at critics. Bloomberg's Dan Williams reports.

US President Donald Trump's fete for his Chinese counterpart President Xi Jinping has been heavy on pageantry and platitudes but light on substantive announcements. The most significant news tied to the gathering materialized before it even began, as Treasury Secretary Scott Bessent said the two sides had extended a trade truce for another two months. Anticipated agreements on tariff cuts and a new line of communication on artificial intelligence have yet to surface. Bloomberg's Rebecca Choong Wilkins reports.

Luminaries from Wall Street and Silicon Valley joined US President Donald Trump for a state dinner honoring his Chinese counterpart Xi Jinping. Steve Engle reports from Washington.

SportsHero (ASX:SHO) signed a distribution agreement with Giftery.Pro to expand its HeroPlay catalogue.

US and Iranian negotiators are exploring a phased deal that would see Tehran reopen the Strait of Hormuz and Washington lift its blockade of Iranian ports, according to a person familiar with the matter. A sequenced deal would be similar to the memorandum of understanding that the US and Iran struck in mid-June. Bloomberg's Stuart Livingstone-Wallace reports.

PC Gold (ASX:PC2) reported new diamond drilling results at its Spring Hill Gold Project, intersecting higher gold grades than modelled.

The Royal Automobile Club of Western Australia delivered a record $288.2 million net surplus for the 2026 financial year.

Renascor Resources (ASX:RNU) has identified multiple priority copper targets spanning a three-kilometre zone at its Flat Hill Project.