AustraliaBreaking News

EU Trade Commissioner Maros Sefcovic is set to meet Chinese Commerce Minister Wang Wentao in Brussels this week as the bloc presses Beijing to address a widening trade imbalance that reached about 360 billion ($410 billion) in 2025 and continued to expand this year. Bloomberg's Richard Bravo has more.

Andy Burnham will pledge the biggest devolution of power in England in modern times in his first major speech since confirming his intention to succeed Keir Starmer as prime minister. Bloomberg Opinion's Rosa Prince has a preview of the speech. Her views are her own.

Anthropic PBC won US approval to restore some access to its powerful Mythos 5 artificial intelligence model, after resolving concerns from Donald Trump's administration about the technology's potential threats to national security. Bloomberg's Neil Campling reports.

South Korea unveiled an ambitious plan aimed at cementing its status as a technological powerhouse, with companies led by Samsung Electronics Co. and SK Hynix Inc. initiating large-scale investments in memory chips, data centers and robotics. Samsung and SK Hynix leaders sat next to President Lee Jae Myung at a briefing, and are expected to give more details of their future investment plans. Bloomberg's Cat Barton reports from Seoul.

Gavin Xia, Co-Founder and CEO of Alebund Pharmaceuticals, speaks exclusively to Minmin Low about the Chinese biotech firm's product pipeline and strategies in domestic and overseas markets.

Chinese optical module developer Crealights will break even as soon as this year due to strong demand. The company's CEO, Hu Zhaoyang, speaks to Minmin Low after its shares began trading in Hong Kong.

The US and Iran have agreed to stop attacking each other before peace talks resume this week over the Strait of Hormuz and other issues, paving the way to end days of tit-for-tat attacks that tested a fragile truce.

Karoon Energy (ASX:KAR) has restarted production from the SPS‑92 well at the Baúna Project in Brazil after replacing the well’s electrical submersible pump, with SPS‑92 now producing about 8,600 barrels of oil per day and total Baúna output at roughly 20,500 bopd before natural decline.

Silex Systems (ASX:SLX; OTCQX:SILXY) has completed construction of the SILEX Quantum Silicon (Q‑Si) Production Plant, described as the world’s first laser‑based silicon enrichment facility, at its site in Sydney and has begun commissioning work on the plant’s laser system and first two enrichment reactors.

FDC Consolidated Holdings (ASX:FDC), the holding company for national construction and fitout business FDC, has lodged its IPO prospectus with ASIC and applied to list on the ASX, targeting a $400 million raising through the issue of 133.6 million fully paid shares at $3.00 each for an implied market capitalisation of $969 million at listing.

Adherium (ASX:ADR), a digital respiratory management company and developer of the US FDA‑cleared Hailie Smartinhaler, has secured US$1.65 million in short‑term funding via an unsecured loan facility from its major shareholder Trudell Medical to support working capital requirements.

Mercer Super, one of Australia’s largest super funds with about $80 billion in assets and more than one million members, has been ordered by the Federal Court to pay $10.3 million in penalties for systemic failures to report investigations into serious member service issues to ASIC.