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The Reserve Bank of Australia staff rejected a proposed 9.5% pay rise offer over three years.

Commonwealth Bank of Australia (ASX:CBA) has eliminated 170 roles from its technology division as part of an ongoing restructuring process.

The first half of 2026 saw a bumper earnings season and global equity benchmarks soar to new highs, driven by a enthusiasm around the AI trade. Businesses, investors and central banks now turn their attention to the second half of the year with the focus firmly on whether markets can move past rocky geopolitical issues, growth concerns and ongoing jitters around the AI buildout. The Opening Trade spoke to leading voices about how the rest of 2026 is shaping up for equity markets.

Fiona Yang, Invesco Fund Manager for Asia ex-Japan Equities, says the AI trade isn't over but parts of the market have become stretched. She discussed the market dynamics around the tech trade with Bloomberg's Haslinda Amin and Avril Hong on Insight.

Australian Retirement Trust generated an average 10% return annually over the 10 years to June 30.

The Australian Federal Government maintains the international student commencement limit at 295,000 places next year.

Most workers at BHP (ASX:BHP) voted to approve a new agreement delivering a 16% pay rise.

A Chinese milk tea brand has been ordered to pay $1.5 billion to French luxury giant Louis Vuitton for trademark infringement. The case has sparked widespread discussion on Chinese social media about intellectual property protection. Bloomberg's China correspondent Minmin Low reports.

Some leading European powers now accept that ships transiting the vital Strait of Hormuz will have to pay fees to Iran and Oman, according to people familiar with the matter. Bloomberg's Patrick Sykes has more.

Enlitic (ASX:ENL) executed an agreement to raise $15 million through a conditional placement of new CHESS Depositary Interests.

India and Japan have agreed to deepen cooperation on energy, technology, and defense during Japanese Prime Minister Sanae Takaichi's first official visit to New Delhi. Former Indian Ambassador to Japan, Deepa Gopalan Wadhwa, dicusses the implications of the visit on Bloomberg's Insight with Haslinda Amin.

The Australian Prudential Regulation Authority welcomed the federal Treasurer's announcement appointing two new joint deputy chairs.