Australia Breaking News

ASX (ASX:ASX) announced it will oppose legal proceedings filed by shareholder Rosherville over the failed CHESS clearing system project.

Carnarvon Energy (ASX:CVN) has secured the Transocean Equinox semi-submersible rig to begin a two-well offshore drilling campaign in Western Australia by April 2027.

Airtel Money Chief Executive Officer Ian Ferrao discusses the mobile payments firm's decision to start trading on the London Stock Exchange on Friday in what could be the largest initial public offering for the bourse in five years. The IPO is "a big milestone for Airtel," Ferrao tells Bloomberg Television.

Solara Minerals (ASX:SLA) reported high-grade assay results from sampling at its Myrnas Hill prospect.

Chilwa Minerals (ASX:CHW) reached 80% completion on its Phase 1 resource drilling programme at the Mpyupyu West heavy mineral sands prospect.

China's central bank rejected claims that the yuan is undervalued as trade talks began with the European Union, where officials have increasingly blamed trade imbalances on the exchange rate. The People's Bank of China argued that exchange-rate adjustments won't resolve structural imbalances in the global economy. Bloomberg's Oliver Crook reports.

Far East Gold (ASX:FEG) is facing a boardroom battle with its major shareholder Xingye Gold after dismissing a 13-cent-a-share takeover bid.

Mastermyne (ASX:MYE) executed a mining services agreement with GMT Mining that generates up to $240 million in revenue across a potential six-year term.

Ecobank and China's Cross-Border Interbank Payment System have signed a MOU to strengthen payment connectivity between China and Africa. It comes as the pan-African banking group opens its first office in Beijing. Jeremy Awori, Group CEO of Ecobank spoke to Bloomberg's Chief Africa Correspondent Jennifer Zabasajja on Horizons Middle East & Africa about their agreement with China plus their operations in Senegal and the future of their Chairman.

A selloff in Bahrain's bonds is pushing its borrowing costs to levels last seen during the nation's 2018 crisis. The heavily indebted Gulf state is grappling with the fallout from the Iran war just as surging US Treasury yields drive up its debt-servicing costs. Zeina Rizk, Co-Head of Fixed Income at Amwal Capital Partners spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa on the bond performances in the GCC. Corrects misquote in headline.

A selloff in Bahrain's bonds is pushing its borrowing costs to levels last seen during the nation's 2018 crisis. The heavily indebted Gulf state is grappling with the fallout from the Iran war just as surging US Treasury yields drive up its debt-servicing costs. Zeina Rizk, Co-Head of Fixed Income at Amwal Capital Partners spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa on the bond performances in the GCC.

Astral Resources (ASX:AAR) has reported a 102% increase in contained gold at its Spargoville Project in Western Australia.