Australia Breaking News

Blackstone President and COO Jonathan Gray says fiscal challenges in Western economies will mean governments will have to make "tough choices".

Here's a glimpse of what's dragging tech and chipmaker stocks down from the US to Asia.

Speaking in New Delhi at Bloomberg's New Economy Forum, former UK Prime Minister Rishi Sunak, Blackstone President and COO Jonathan Gray, and Tata Sons Chairman Natarajan Chandrasekaran discuss how AI adoption will fundamentally reshape both financial movements and geopolitical realities. (Corrects title of Gray.)

Kinetiko Energy (ASX:KKO) is preparing to submit a bulk sampling permit application for its Brakfontein gas project by late October.

Delorean Corporation (ASX:DEL) has entered into a non-binding agreement with Westpac Banking Corporation (ASX:WBC) for $20 million in project financing.

Fidante Partners, a subsidiary of Challenger (ASX:CGF), has been hit with a 21-day interim stop order from the ASIC over concerns regarding the target market for its credit fund.

The International Monetary Fund said global growth should pick up next year with a boost from AI investment, but warned the world economy is nearing the limits of its resilience as the energy squeeze persists and financial risks build.

Ore Resources (ASX:OR3) has expanded its Kal East Gold Project landholding by over 55%, adding more than 400km2.

Raiz Invest (ASX:RZI) has uncovered historical tax compliance issues dating back to 2015 after a review of operations.

The Reserve Bank of Australia warned in its September monetary policy meeting minutes that additional cash rate increases remain possible as inflation risks persist.

PainChek (ASX:PCK) has expanded its commercial agreement with Sabra Health Care REIT (NASDAQ:SBRA) to cover 23 facilities across five operators.

The ACCC has commenced civil proceedings in the Federal Court against major supplier Sunny Queen and 11 other egg producers over alleged cartel conduct.