The ASX falls sharply as CSL shares tank 20 per cent. More strong earnings news, demand for AI stocks and positive jobs data drove Wall Street higher. Follow the ABC News live markets blog.
US Senator Lindsey Graham has died suddenly at age 71 after a brief illness, reportedly an aortic dissection. His death creates a vacancy in the Senate, narrowing the Republican majority and impacting legislative efforts. A replacement will be appointed by the governor, with a special election to follow.
Dharminder Singh, 48, appeared in Toowoomba Magistrates Court via video link, charged with the murder of his former partner Jana Armstrong. He also faces arson and bail breach charges. Ms. Armstrong's body was found in bushland after a four-day search.
Lavanya Chappa, a 39-year-old mother of two and software quality analyst, was fatally stabbed in her Melbourne home on July 7. A man known to her has been charged with murder. Family members have traveled from India, and a crowdfunding page has raised over $47,000 to support her children.
Calls for mandated domestic mobile roaming in Australia are intensifying, with consumer advocates and regional residents arguing it would improve coverage and competition. A report shows 73% of Australians support the change, allowing users to connect to other networks when out of their provider's coverage area. While some telcos express concerns about investment, others acknowledge potential benefits for consumers, especially in regional areas.
The ASX 200 experienced a morning fade due to war fears, with oil prices surging on escalating Gulf hostilities. Meanwhile, Apple has sued OpenAI and two former employees for trade secret theft, and Xero's CEO sold shares to cover a tax bill.
A state memorial service was held for Richard Scolyer, a pioneer in melanoma research and co-Australian of the Year. Tributes were paid by Prime Minister Anthony Albanese, NSW Premier Chris Minns, Governor-General Sam Mostyn, and colleagues, highlighting his courage, generosity, and contributions to saving lives.
