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GFG Alliance will immediately close its Liberty Bell Bay manganese smelter following the collapse of sale negotiations with a buyer consortium.

TSMC posted quarterly profit that beat estimates. The main chipmaker for Nvidia Corp. and Apple Inc. reported a rise in net income for the June quarter to NT$706.6 billion ($22 billion), surpassing the average estimate of NT$623.7 billion. The steady growth highlights the company's central role in producing the vast majority of the world's most advanced chips for data centers and smartphones. Bloomberg's Stephen Engle reports.

Saunders International (ASX:SND) secured a head contract valued at approximately $23 million with the Australian Department of Defence.

Ava Risk Group (ASX:AVA) revealed expected full-year revenue of $29 million after project delays impacted client delivery.

Cobalt Blue (ASX:COB) has completed a targeted core sampling programme at its Halls Creek Project in Western Australia.

Austin Metals (ASX:AYT) completed a 4,000-metre reverse circulation drilling programme at the Austin Gold Project.

US lawmakers introduced a bipartisan bill authorising US$20 million for a veterans lung imaging pilot featuring 4DMedical (ASX:4DX) software.

Venari Metals (ASX:VMS) has completed the 100% sale of subsidiary Knox Resources after satisfying all due diligence conditions.

Argenica Therapeutics (ASX:AGN) reports positive preclinical data as lead drug ARG-007 reduces concussion damage.

Navigator Global Investments (ASX:NGI) increased its ownership-adjusted assets under management by 6% to US$33.6 billion during the June quarter.

Fatih Birol, Executive Director of the International Energy Agency, says markets are nervous and "grappling with big uncertainty" as escalating attacks threaten shipments of oil, fertilizer, natural gas, and other cargoes through the Strait of Hormuz. He warns global economies will suffer, with developing nations and Asia most exposed. He speaks with David Gura on the sidelines of the Aspen Security Forum on Bloomberg: The Asia Trade.

Champion Iron (ASX:CIA) has appointed Steve Boucratie as Chief Legal & Strategy Officer, while naming Michael Marcotte as CFO.