AustraliaBreaking News

Kali Metals (ASX:KM1) has confirmed down-dip extensions of gold mineralisation at its Marble Bar Gold Project.

Clara Resources Australia (ASX:C7A) has secured options and applications over approximately 111km2 at its Mareeba Gold Project.

Tivan (ASX:TVN) executed agreements with Sumitomo Corporation and ETFS Capital for a $50 million funding at its Molyhil Tungsten Project.

Spenda (ASX:SPX) has implemented a turnaround plan that reduced its monthly operating costs by approximately $400,000.

Nickel Industries (ASX:NIC) signed a binding agreement to acquire a 36% stake in a US$671 million processing project.

The Australian consumer price index rose 4% in the 12 months to May, down from a 4.2% increase in the year to April.

Thor Energy (ASX:THR) has signed a contract with Velseis for a 464 line-kilometre seismic survey in South Australia.

Echelon Resources (ASX:ECH) executed an agreement to extend its Kupe gas sales for a further three years.

Energy Fuels (NASDAQ:UUUU) delayed its $447 million acquisition of Australian Strategic Materials (ASX:ASM) following a separate US$1.9 billion European takeover bid.

Asset Vision (ASX:ASV) secured multiple infrastructure contracts, lifting its annual recurring revenue run rate to $6.4 million.

Global markets have been impacted by one of the steepest plunges in history as sentiment suddenly soured on the global AI buildout. Bloomberg's Anthony Stephens has the latest.

Shen Jianguang, VP and Chief Economist at JD.Com, shares his outlook on China's economy as the nation accelerates into an AI driven era marked by surging demand. He speaks with Bloomberg's Minmin Low on the sidelines of the World Economic Forum in Dalian, China on "Bloomberg: The Asia Trade".