Australia Breaking News

Beata Manthey, European equity strategy head at Citi, discusses the bond market selloff and says it is "not necessarily bad" for index-level equities. "EPS growth in Europe for the index-level is going up, not down," Manthey tells Bloomberg Television. "But it is happening in this very narrow fashion."

J.P. Morgan is warning that India's corporate earnings outlook faces rising risks from higher oil prices and prolonged Middle East tensions, with potential downside for equities and the rupee. The bank says elevated energy costs could pressure margins, weaken demand and force earnings downgrades if disruptions persist. The segment explores what this means for Indian markets, valuations and policy choices as the Reserve Bank of India balances currency stability against growth concerns. Rajiv Batra, Head of Asia and Co Head of Global Emerging Markets Equity Strategy at J.P. Morgan, spoke with Haslinda Amin on Insight with Haslinda Amin.

Nex Metals Explorations (ASX:NME) partnered with WTAC to form a WA gold exploration and mining joint venture.

Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."

UK Chancellor of the Exchequer Rachel Reeves is set to announce a package of measures, dubbed "Great British Summer Savings," in an effort to ease cost-of-living pressures made worse by the Iran war. Bloomberg's James Woolcock reports.

Bio-Gene Technology (ASX:BGT) announced an expansion of its vector control programmes into Asia.

Indonesian President Prabowo Subianto has announced the creation of a new state entity under sovereign wealth fund Danantara to oversee commodity exports. Sources tell Bloomberg the move has shocked even some of the president's own officials.

Krace Zhou, Founder & CIO at StillBrook Capital, explains why Chinese EV bus manufacturer Yutong Bus is a so-called "hidden gem." Zhou also shares her views on the broader Chinese market with David Ingles and Yvonne Man on the sidelines of the SOHN Hong Kong Conference.

Kevin Foley, Co-Head of Global Investment Banking at JPMorgan, says deal-making activity remains strong globally despite the higher rates environment and inflationary pressures. He expects IPO activity to grow significantly in Hong Kong and mainland China, particularly in the AI and healthcare sectors. He spoke exclusively with Bloomberg's Haslinda Amin on the sidelines of the JPMorgan Global China Summit.

JPMorgan Global Banking Co-Head Filippo Gori describes the US economy as an "incredible engine" that continues to attract capital, while noting that Asia is also booming, citing strong IPO momentum. He remains positive on the Middle East as well, viewing it as a key growth opportunity for the bank. Gori speaks exclusively with Bloomberg's Haslinda Amin on the sidelines of the JPMorgan Global China Summit.

Andrew Dai, co-Founder & CEO of visual reasoning AI firm Elorian, discusses the progress of his new startup, including hiring and funding plans. He joins Haslinda Amin from the sidelines of the JPMorgan Global China Summit.

Defence and aerospace manufacturer Electro Optic Systems (ASX:EOS) has finalised its acquisition of the MARSS business.