Paige McNamee
Overnight editor
Plus: Israel in largest strikes on Gaza since ceasefire began; Chinese tech giants pause stablecoin plans after regulatory warnings; Credit volatility on Carlyle CEO’s ‘worry list’.
Plus: Labor holds snap AI briefings with tech leaders; US DOJ expected to indict John Bolton over classified material; Ardian raises record USD20b with strong Aussie investor support.
Plus: Bessent blasts China’s rare earth controls, warns of allied response; Government’s register to reveal who controls unlisted companies; UBS loses USD440m case as judge slams Greensill’s misleading evidence.
Plus: Trump warns Hamas as Israel moves to slash Gaza aid, block fuel; Fed’s Powell flags rising job risks as market bets on rate cuts; Fortescue Zero to cut hundreds of UK and Aussie jobs.
Plus: OpenAI and Broadcom to build custom AI chips and launch 10GW data centres; US markets rebound after Trump cools China rhetoric, AI gains; Brookfield to buy remaining 26% of Oaktree.
Plus: China warns US of retaliation over Trump’s new tariff threat; Trump dismisses China threat with ‘It’ll be fine’ post; Ripple warns Treasury of draft crypto law risks.
Plus: TSMC reports 30% revenue surge as AI demand soars; OpenAI tells EU regulators Big Tech is hurting AI competition; Australian Writers’ Guild accuses OpenAI of mass copyright theft.
Plus: SoftBank to acquire ABB’s USD5.4b robotics arm in AI expansion; Fed minutes show broad support for more rate cuts; Jefferies and UBS in First Brands fallout.