Australia Breaking News

Paradigm Biopharmaceuticals (ASX:PAR) has agreed to return US$2 million to Obsidian Global GP and cancel 2,000,000 convertible notes.

A global bond selloff deepened, jolting investors as robust US economic data and weak demand at a debt auction drove Treasury yields across much of the curve to their highest levels in almost two decades. Bloomberg MLIV's Ven Ram has the latest.

Smart device developer Zimi (ASX:ZMM) signed an exclusive three-year agreement with Directed Electronics Australia.

Ground staff at Qantas (ASX:QAN) launched a 24-hour strike across four major Australian airports on Sept. 24.

Lightning Minerals (ASX:L1M) has started its Phase 3 soil sampling programme at its 100%-owned Warby Tungsten Project.

Brookside Energy (ASX:BRK) has commenced completion operations on its Sabres and Whalers wells in Oklahoma.

Streamplay Studio (ASX:SP8) announced that its subsidiary Noodlecake Studios signed a mobile publishing deal for Space Warlord Baby Trading Simulator.

South Africa's central bank is stepping up its fight against inflation, raising interest rates for the second time this year. The unanimous quarter-point hike takes the benchmark rate to 7.25%, as higher oil prices and persistent services inflation add to price pressures. Danelee Masia, Deutsche Bank South Africa CEO and Chief Economist for CEEMEA spoke to Bloomberg's Jennifer Zabasajja on Horizons Middle East & Africa on the latest numbers.

US & China have agreed to extend their trade-war truce by two months. Treasury Secretary Scott Bessent announced the deal as Chinese President Xi Jinping begins his first state visit to Washington in 11 years. Christopher Smart, founder and managing partner of the Arbroath Group spoke to Bloomberg's Jennifer Zabasajja on Horizons Middle East & Africa about the significance of the visit.

Galan Lithium (ASX:GLN) announced that its Hombre Muerto West Phase 1 lithium chloride operation in Argentina remains on track to deliver its first concentrate sales in Q4 2026.

Charger Metals (ASX:CHR) has restarted diamond drilling at the Medcalf Lithium Deposit within its Lake Johnston Project.

NRW Holdings (ASX:NWH) secured an initial $115 million contract through its subsidiary Fredon to construct cooling and ventilation systems for Stack's new data centre campus in Melbourne.