Australia Breaking News

Stavely Minerals (ASX:SVY) commenced a deep diamond drilling programme to test gold-silver potential at its Freddy's Find prospect.

President Trump has signed an interim deal to end the war with Iran and reopen the Strait of Hormuz, speeding up the timeline for the agreement to go into effect. Bloomberg's Abeer Abu Omar reports from Dubai.

Tony Han, Founder & CEO of WeRide, says the company is planning to launch in more European cities after starting joint programs with Uber in Madrid and Zurich. He adds that he is optimistic that China will resume issuing new autonomous driving permits. He speaks exclusively on "Bloomberg: The China Show."

HSBC (NYSE:HSBC) has agreed to a $35 million penalty after admitting to system failures that allowed scammers to defraud customers.

Kraken has become the official crypto exchange supporter of the FIFA World Cup, just as crypto prediction markets tied to the tournament have already processed more than US$2 billion in wagers.

Zhu Ning, Professor of Finance at the Shanghai Advanced Institute of Finance, says China is using overnight reverse repos to help guide policy rates and ease spikes in funding stress. He also says China's credit slowdown is not necessarily negative, as the country is shifting its growth model. He speaks with Minmin Low on the sidelines of the Lujiazui Forum in Shanghai.

Tata Starbucks CEO Sushant Dash plans to add up to 100 stores in the short term. In an exclusive conversation, Dash adds that they are firm on maintaining the market share of 30%.

Voltaic Strategic Resources (ASX:VSR) dissolved its joint venture to regain 100% ownership of the Ti Tree Lithium Project.

Antilles Gold (ASX:AAU) has suspended operations at its 50% owned Cuban joint venture due to US sanctions.

The government released a consultation paper detailing a capital gains tax carveout to preserve the 50% discount for eligible startup investors.

Guo Shan, Partner at Hutong Research, discusses the potential shift from China's central bank in its interest rate framework and the outlook for the yuan. She speaks with Minmin Low on Bloomberg: The Asia Trade.

InVert Graphite (ASX:IVG) executed a binding agreement to acquire RapidGraphite alongside an accompanying $2.5 million share placement.