Australia Breaking News

Naples is leading a regional revival in Italy, fueled by European Union cash and investments in technology and infrastructure. The economy of the Campania region, where Naples is located, grew 0.9% last year, outstripping the 0.7% in Milan's province of Lombardy and well ahead of the 0.5% national average, according to Bank of Italy data. Bloomberg's Alessandra Migliaccio reports.

Grand Theft Auto VI's $79.99 launch price marks a new high for mainstream video games and signals a potential shift in industry pricing power. This segment examines how Rockstar's strategy could reshape revenue models and consumer expectations. Joost van Dreunen, NYU Stern Adjunct Assistant Professor and author of One Up: Creativity, Competition, and the Global Business of Video Games, joined Paul Allen on Insight with Haslinda Amin to discuss the implications.

Apple Inc. shares fell after it raised prices of all Macs, iPads, home devices and the Vision Pro to offset cost hikes caused by a shortage of memory chips and storage. The price increases are in effect globally and are largely unprecedented, with no equivalent in the company's modern history of sweeping hikes across much of its product line. Bloomberg's Neil Campling reports.

ASX (ASX:ASX) has published its inaugural Listed Entity Supervision Report 2026 and used it to signal a sharper focus on market integrity risks, including how companies use the announcements platform and how miners report their activities.

The exchange said it is shifting towards proactive, risk‑based supervision and wants to give listed entities more clarity on topics such as its approach to earnings surprises, investor presentations and other disclosures that can move share prices.

Micron's earnings numbers came at a delicate moment for the AI industry. Shares of chipmakers and other technology companies had been hammered in recent days on fears that a spending boom was faltering. Questions remain on whether the tech sector can mitigate the boom-and-bust cycles that have characterized the industry.

Vault Minerals (ASX:VAU) has accelerated settlement of all remaining gold hedge contracts, paying A$31.2 million to close 10,233 ounces scheduled for delivery in Q1 FY27.

Myron Xie, AI supply chain research lead at SemiAnalysis, explains who, within Asia's hardware suppliers, are standing out as the winners in the market's surge in AI demand. He speaks with Shery Ahn on Bloomberg Tech: Asia.

Bloomberg Intelligence's Anurag Rana and Javelin Wealth Management's Polka Mishra discuss what's driving the tech selloff in Asia.

Bloomberg Intelligence says Apple has to hike prices for its iPhones after raising prices for its Macs, iPads and home devices. Those hikes went into effect globally on Thursday. Bloomberg Intelligence Senior Technology Analyst Anurag Rana spoke with Bloomberg's Yvonne Man and Avril Hong on "Bloomberg: The China Show."

Axtec (ASX:AXI) has agreed a further A$1,000,000 funding commitment from major shareholder Oriental University City Holdings (H.K.) Limited, on top of A$475,000 in convertible notes previously approved by shareholders earlier in June 2026.

ASIC has accepted registered company auditor John Gordon Owenell’s application to cancel his registration after raising concerns about alleged breaches of auditor independence and conflict‑of‑interest rules.

ASIC has filed Federal Court proceedings against former directors and compliance committee members of Keystone Asset Management Ltd (Receivers & Managers Appointed) (In Liquidation) over alleged failures in the management of the Shield Master Fund, which held more than A$530 million from around 5,800 superannuation investors.