Australia Breaking News

Aurum Resources (ASX:AUE) has secured $52.5 million in firm commitments via a single-tranche institutional placement.

Semiconductor developer BluGlass (ASX:BLG) has secured a new $8 million research and development loan facility to support its growth initiatives.

US President Donald Trump said officials held "very good" talks with Iranian envoys in New York. Steve Witkoff and Jared Kushner participated on behalf of the US. Trump said the three-hour session was "very productive" and another was being planned for the near future. The comments revive hopes for a new diplomatic off-ramp hours after the US president again threatened to annihilate the Islamic Republic. Bloomberg's Stuart Livingstone-Wallace breaks down the situation.

PTR Minerals (ASX:PTR) has identified groundwater sources during drilling at its Rosewood Titanium Project.

Oil headed for the longest losing streak in more than a year, as Saudi Arabia moved to restart a key pipeline and the US flagged progress in talks with Iran to end a war that's rocked the Middle East since March. Mekala Krishnan, Partner at McKinsey Global Institute spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa about the disruption in the Strait of Hormuz and its impact on oil.

BCAL Diagnostics (ASX:BDX) has commenced the Australian rollout of the Avantect Multi-Cancer blood-based diagnostic test in Sydney and Melbourne.

Image Resources (ASX:IMA) secured a $5 million cash advance deposit from LB Group to strengthen its balance sheet.

Cezar Consing, President and CEO of Ayala Corp., says the company will cut debt and acquire additional shares in undervalued units using proceeds from its $700 million share sale to Mitsubishi. He speaks on "Bloomberg: The China Show."

Henning Rath, CEO at battery startup EnerVenue, says the company's water-based nickel-hydrogen battery cells will be installed in an oilfield in northern China. He speaks on "Bloomberg: The China Show."

ASX (ASX:ASX) is still falling short of regulatory expectations in governance, operational resilience, and risk management, according to the latest assessment by the Reserve Bank of Australia.

Thomas Kelly, CEO and Co-founder of Melbourne-based AI Healthcare startup firm Heidi, discusses its latest $100M fundraising around that took the company to a $900M valuation. He also talks about the company's business strategies and plans to expand to more markets, using AI to help doctors streamline research, clinical workflows, and provide efficient consultations for patients. He speaks exclusively with Shery Ahn on "Bloomberg: The Asia Trade".

Ashley Zumwalt-Forbes, former Deputy Director for Batteries and Critical Minerals at the U.S. Department of Energy and a nonresident fellow at the Baker Institute, discusses her outlook on the key objectives and priorities both economies hope to achieve in establishing rare earth trade. She speaks with Shery Ahn on Bloomberg: The Asia Trade".