The ASX opens higher following fresh records on two of Wall Street's major stock exchanges. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
A US judge has ordered Donald Trump to pay E. Jean Carroll nearly $5.8 million, including interest, after a jury found him liable for sexual abuse and defamation. Trump's lawyers are appealing the decision, citing concerns about the legal system's "weaponisation".
FIFA President Gianni Infantino faces an ethics investigation by the IOC for potential political neutrality breaches after Donald Trump influenced a player ban decision. A sports NGO, FairSquare, is filing the complaint.
Australian farmers are concerned about their reliance on paraquat, a herbicide sourced from China, which is banned domestically there but still permitted in Australia under stricter rules. Researchers are seeking alternatives, but viable options are reportedly years away, leaving farmers with limited choices for weed management.
Telstra is still experiencing issues with some emergency calls following a nationwide outage caused by a software defect. The ASX 200 opened lower, with most sectors down except Energy and Utilities. Wall Street and European markets also saw declines, while oil prices surged.
AIM Mining Corporation has been fined a record $118,000 for environmental breaches at its Warrawoona Gold Project in Western Australia, including failing to protect the vulnerable Pilbara leaf-nosed bat. The company paid the fine in full.
Jake Callaghan, a 30-year-old musterer with no prior experience, won his first camel race at the Jundah Camel Races, the start of the Outback Camel Trail. The event, despite challenging weather, drew 300 people and provided a tourism boost to the local community.
