Australia should brace for war impact to get worse, Treasury warns
Tue 28 Jul 2026 at 5:01am
· Tom Crowley
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Newest first · UTC+11:00Silicon Valley’s AI spending spree comes with an Australian invoice
American technology giants are spending more on artificial intelligence infrastructure than their businesses generate in cash, and Australian companies are paying record sums to rent it at prices they cannot negotiate.
· David Swan
Feeling Dusty: Tiger great gets mauled in the ‘challenging’ Melbourne property market
He’s used to being a winner, but former Richmond footy great Dustin Martin has suffered a rare miss with the sale of his Port Melbourne apartment, offloading the property for less than what he forked out for it five years ago.
· Fiona Byrne, John Buckley
Japan developer Hulic eyes top banana distributor in diversification push
Japanese produce distributor Farmind controls a substantial domestic market share for bananas and kiwifruit. (Farmind)
· Staff Writer
Brazil turns to China trade deal after Trump’s tariffs, as years of resistance end
Xi and Lula agree to fast track Mercosur trade talks, endorsing a deal Brasilia fought to bury when Uruguay first proposed it
· Igor Patrick
Brazil turns to China trade deal after Trump’s tariffs, as years of resistance end
Xi and Lula agree to fast track Mercosur trade talks, endorsing a deal Brasilia fought to bury when Uruguay first proposed it
· Igor Patrick
US-Canada bridge opens in Detroit even as trade disputes test the neighbours’ ties
Relations are strained after Trump suddenly announced 50 per cent tariffs on Canadian goods entering America
· Associated Press
US-Canada bridge opens in Detroit even as trade disputes test the neighbours’ ties
Relations are strained after Trump suddenly announced 50 per cent tariffs on Canadian goods entering America
· Associated Press
Can't stop spending? These approaches can help curb impulse buying
Topic:Personal Finance
· Kellie Scott
(LEAD) Lee, Lula agree S. Korea-Mercosur trade pact should no longer be delayed
(ATTN: UPDATES with more comments in last 4 paras; ADDS photos)By Park Boram
· Park Boram
Mapping SpaceX's Lockup Expirations: HSBC Calculates When The Shares Could Hit The Market
As of early Monday cash trading in New York, SpaceX shares were hovering near an all-time low of $110.21 after briefly dipping into the $108 handle. The rocket/AI company bonds have also come under pressure, leaving investors searching for signs of where the post-IPO selloff might finally find a proper floor.
· Tyler Durden
LVMH boss Bernard Arnault dismisses reports his children are fighting to be next CEO: ‘It’s the stuff of novels’
See more of our coverage in your search results.
· Reuters
Lee, Lula agree S. Korea-Mercosur trade pact should no longer be delayed
BRASILIA, July 27 (Yonhap) -- President Lee Jae Myung said he and Brazilian President Luiz Inacio Lula da Silva agreed Monday that a trade pact between South Korea and the South American trade bloc Mercosur should not be delayed any further.
· Park Boram
AI singularity is here, OpenAI's Sam Altman claims: Technion expert says that he may be right
OpenAI CEO Sam Altman claimed on Friday that the company is currently working with artificial intelligence models at "the singularity point," which represents the moment when AI becomes better at generating results than humans can.
· TOBIAS HOLCMAN
CATL thrives while China's EV makers squeezed by supply chain, weak market
CATL's broad range of vehicle batteries includes those designed for longer ranges and low-cost models with long lifespans and short charging times. (Photo by Shizuka Tanabe)
· SHIZUKA TANABE
Brookfield raises $2bn for PIF-anchored Middle East private equity fund | The National
Brookfield has raised about $2 billion from the Public Investment Fund and other investors for a private equity fund that will invest in companies in the Middle East, Saudi Arabia's sovereign wealth fund said on Monday.
· The National
Dr. Anthony Fauci ruled out Wuhan market origin for COVID-19 in private diary entries
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· Josh Christenson
Higher tax exemption seen easing inflation hit
PRESIDENT Ferdinand Marcos Jr.'s proposal to raise the annual income tax exemption threshold will provide relief to Filipinos dealing with high prices but at the same time pressure the government’s finances, analysts and economists said.
· Niña Myka Pauline Arceo, Nazylen Joy Mabanglo, Giselle P. Jordan
Ex-JPMorgan banker Chirayu Rana files new lawsuit — and it’s totally different from his ‘sex slave’ claims
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· Peter Senzamici
Mati Airport studied as alternate to Davao
SEN. Bong Go has filed Senate Bill 2325, seeking to designate Mati Airport in Davao Oriental as the official alternate airport to the Francisco Bangoy International Airport in Davao City, saying the measure will help address the growing demand for air travel while boosting tourism, trade and regional development in …
· Catherine S. Valente
Sun Life Foundation donates P1M for World Vision disaster response program
SUN Life Financial-Philippines Foundation Inc. (Sun Life Foundation) continues to uphold its commitment to building disaster resilience with a P1 million donation to World Vision Philippines, bolstering the organization’s disaster response program.
· The Manila Times
Fifth SONA: A day of reckoning
WHEN President Ferdinand Marcos Jr. stepped up to the podium at the Batasang Pambansa yesterday (July 27) for his fifth State of the Nation Address (this column was being written before he made the address), he would have been doing something no SONA of his has had to do before: speak to a country that has stopped t…
· Ma. Lourdes Tiquia
MVP: The founder of Bonifacio Global City
WHENEVER people, Filipinos and foreigners alike, speak of the most beautifully master-planned development in the Philippines, the Bonifacio Global City immediately comes to mind. This city is walkable, safe, smart and complete with the infrastructure, business and commercial spaces and institutions that a family wou…
· Arnel Casanova
Raw sugar output falls 11%
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· Chynna Grace Ong
The future of EV fleet management in the Philippines
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· willy tee ten
Philippine banks posted a combined net profit of P208.39 billion in H1
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· nina myka pauline arceo
AMRO sees limited risk from US tariffs
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· Niña Myka Pauline Arceo
Maynilad in, Converge out of benchmark stock index
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· Nazylen Joy Mabanglo
Higher tax exemption seen easing inflation hitHigher tax exemption seen
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· giselle jordan - Niña Myka Pauline Arceo - Nazylen Joy Mabanglo
Labubu takes Manhattan: Chinese brands target inflation-hit US
Labubu seller Pop Mart, Luckin Coffee and ice cream chain Mixue are among the Chinese brands making forays into New York. (Nikkei montage/Source photos by Reuters)
· Staff Writer
Japan's NYK Line plans new luxury cruise ship, tapping into tourism boom
The new cruise ship will operate alongside the Asuka III (pictured), which went into service in 2025. (Photo by Nikkei)
· Staff Writer
Taco Bell’s rumored cyclospora outbreak is quietly becoming a financial crisis for hourly workers
See more of our coverage in your search results.
· Faran Krentcil
CME launches single stock futures enabling investors to trade SpaceX, Micron 23 hours a day
Investors looking to wager on stocks such as SpaceX and Micron Technology now have a new tool: single-stock futures that trade for nearly 24 hours a day.
· Yun Li
So how do you get access to the Qantas chairman’s lounge? Alan Joyce has some tips
In his memoir the former Qantas chief executive denies using the lounge as a tool to influence politicians
· Luca Ittimani
Japan keeps outlying goodwill accounting rule, citing impairment risk
The use of goodwill amortization in Japan's accounting standards sets the country apart from other major economies. (Photo by Shugo Tamura)
· Staff Writer
Key Events This Busy Week: FOMC, PCE, GDP, War On/War Off... And Earnings Galore
Before we look at the week ahead, a quick look at the main event that defines the market this Monday morning: after 13 consecutive nights of US strikes aimed at degrading Iran’s ability to threaten commercial shipping, Washington has refrained from further attacks since late Friday, while Tehran has publicly stated …
· Tyler Durden
Ben-Gvir rules out running with Smotrich for elections, says parties are 'fundamentally different'
National Security Minister Itamar Ben-Gvir told 103FM on Monday that he had ruled out another joint election run with Finance Minister Bezalel Smotrich’s Religious Zionist Party, arguing that the two parties appeal to fundamentally different electorates.
· 103FM
Toyota to invest in Daimler Truck and Volvo's fuel cell joint venture
Heavy-duty trucks are viewed as a promising application for hydrogen fuel cell systems. (Toyota Motor)
· Staff Writer
From Moonshot to Enflame: how Tencent is betting big on China’s AI champions
A look at some of the key companies in Tencent’s growing AI portfolio, from model makers to chip designers
· Iris Deng
From Moonshot to Enflame: how Tencent is betting big on China’s AI champions
A look at some of the key companies in Tencent’s growing AI portfolio, from model makers to chip designers
· Iris Deng
ASEAN adds Turkey as dialogue partner as defense, trade ties grow
Turkish Deputy Foreign Minister Berris Ekinci, right, poses for a photo with Philippine Undersecretary of Foreign Affairs Leo Herrera-Lim and Deputy Secretary-General of ASEAN for Political-Security Community Dato' Astanah Abdul Aziz on July 22. (Anadolu Agency)
· Staff Writer
Oil prices fall as US pauses strikes on Iran over strait of Hormuz
Brent crude drops 9% to below $88 a barrel, prompting UK government bond yields to fall
· Jasper Jolly
Inflation spike: Oil prices could derail economy, Treasury warns
Treasury has warned the Australian economy could be hit by an inflation spike and slower growth through the second half of the year as America’s war against Iran, Houthi attacks in the Red Sea, and Ukraine’s assault on Russian oil refineries upend the global petroleum market.
· Shane Wright, Mike Foley
China’s localised data centre push drives AI ambitions amid overbuilding concerns
In China there is a nationwide scramble for data centres, with some major cities losing out to towns and counties for new investments
· Frank Chen
China’s localised data centre push drives AI ambitions amid overbuilding concerns
In China there is a nationwide scramble for data centres, with some major cities losing out to towns and counties for new investments
· Frank Chen
Addition of cricket at LA Olympics offers IOC access to 2 billion fans, Indian market
Absent since 1900, and as the Games seek a younger and broader audience, it may be the most valuable sport added to the programme in decades
· Reuters
Addition of cricket at LA Olympics offers IOC access to 2 billion fans, Indian market
Absent since 1900, and as the Games seek a younger and broader audience, it may be the most valuable sport added to the programme in decades
· Reuters
Deutsche Bank Says Starship Flight 13 Made "Solid Progress" Despite Booster Setback
Following last month's record-setting IPO, SpaceX shares have plunged 50% from their peak and now trade about 15% below the $135 offering price. The post-IPO euphoria has faded, stripping Elon Musk of his trillionaire status - at least for now.
· Tyler Durden
Commission eyes changes to big business tax to unlock budget deal
BRUSSELS — The European Commission is considering watering down a tax on big businesses designed to raise money for the EU’s next seven-year budget, four EU officials with knowledge of the discussions said.
· Gregorio Sorgi, Hans von der Burchard