Australia Breaking News

Nexsen (ASX:NXN) has entered into a non-binding term sheet with FlashDx Shenzhen to set up a 50:50 joint venture.

Australian Prime Minister Anthony Albanese called for global AI regulation following an unauthorized system breach by an OpenAI agent.

Insurance Australia Group (ASX:IAG) subsidiary Insurance Australia reached a confidential settlement in Federal Court proceedings brought by Credit Suisse entities.

Mineral exploration company Kuniko (ASX:KNI) has completed its Phase 2 drilling campaign at the Commonwealth-Silica Hill Project.

Netwealth (ASX:NWL) confirmed it will defend a class action filed by investors following the collapse of the $460 million First Guardian Master Fund.

Healius (ASX:HLS) entered into a binding agreement to sell its subsidiary Agilex Biolabs for an enterprise value of $160 million.

Auravelle Metals (ASX:AUV) completed its gold-focused discovery aircore drilling programme at Nuckulla Hill in South Australia.

WIN Metals (ASX:WIN) lodged major regulatory applications to advance the restart of its Radio Gold Project in Western Australia.

Donald Trump and Xi Jinping addressed their intense competition over artificial intelligence on Thursday during a summit aimed at keeping ties between the world's largest economies on track.

Talonx Resources (ASX:TXR) has commenced exploration fieldwork at its 1,000km2 Kihabe Project in northwest Botswana.

ANZ (ASX:ANZ) is restructuring more than 400 technology roles in New Zealand and moving software testing to offshore strategic partners.

Rio Tinto (ASX:RIO) plans to expand its marketing operations to trade third-party metals and utilise financial derivatives.