Australia Breaking News

Anthropic PBC accused Alibaba Group Holding Ltd. of waging a large-scale effort to "illicitly" access its Claude artificial intelligence model using thousands of fraudulent accounts. Bloomberg's Maggie Eastland has the latest.

Middle East conflict disruptions will reduce Worley (ASX:WOR) financial year 2026 underlying earnings by up to $60 million.

Judo Capital (ASX:JDO) or Judo Bank, updated its financial year 2026 forecasts, predicting a cost of risk up to $122 million.

Mineral Resources (ASX:MIN) announced that it will shutter its Lucky Bay garnet mine in Western Australia.

Tasmea (ASX:TEA) forecasts a financial year 2027 underlying EBITA of $202–208 million, representing over 70% year-on-year growth.

APRA directs major banks to share cyber tools with smaller rivals to combat rising frontier AI threats.

The a2 Milk Company (ASX:A2M) declared a NZ$300 million special dividend after securing regulatory approvals in China.

Nine Entertainment (ASX:NEC) is negotiating the exit of television presenter Karl Stefanovic following a controversial podcast episode.

The Reserve Bank of Australia released internal research validating its decision to lift interest rates on three consecutive occasions earlier this year.

Dawn Nordberg, head of integrated client solutions and global family office at Citi Wealth, said projections show that 55% of global wealth will be commanded by women by 2030 as the 'great wealth transfer' continues to trend toward women. Nordberg said that she is seeing a shift from women being the beneficiaries of a family to being the principal in a family office.

Katie Hubbard, president of US capital markets for Walton Global, said that the higher end of the housing market is still doing well as high income clients are still paying to buy and build homes. Hubbard said that despite efforts to make home buying more affordable for the wide public, it is hard for federal efforts to increase housing supply to make an impact.

Jeff Sherman, Deputy Chief Investment officer at DoubleLine Capital, joined the program to analyze recent developments in the U.S. Treasury market. The discussion focused on recent moves in Treasury yields, including a notable drop in the 10-year yield by 10 basis points to just above 4.3%. He speaks with Romaine Bostick & Katie Greifeld on "The Close."