Paige McNamee
Overnight editor
ASIC finds widespread compliance failures at managed funds; US government asks tech firms to justify high costs; Musk denies ketamine use claims from NYT report.
Plus: Wall Street lifted by Nvidia’s strong chip demand; Trump meets Powell to tell him he’s mistaken on rates; ABC reshape sparks job cut fears among staff.
Plus: Musk says Trump’s ‘big beautiful bill’ undermines DOGE work; Germany to help Ukraine build long-range missiles; Telegram partners with xAI’s Grok for over 1b users.
Plus: Germany considers curbs on military exports to Israel; US halts student visa interviews, weighs social media checks; Greens promise to back Labor if it revives Whitlam’s legacy.
Plus: Trump delays 50% EU tariffs to 9 July; Cerberus reportedly planning bid for Darwin port as China warns against Albanese’s push for control; China drafts new ‘Made in China 2025’ plan.
Plus: Liberal Party’s pollster Freshwater faces replacement after election loss; Nvidia eyes AI chip for China, says Reuters; SoftBank’s Son proposes US-Japan sovereign fund, says FT.
Plus: US clean energy boom threatened by bill, sector stocks plunge; Two Israeli embassy staff shot dead in Washington; Trump bans Harvard from enrolling foreign students.
Plus: US bond auction flop sends yields soaring and markets down; South Africa says Trump ‘ambushed’ President Ramaphosa with claims; Aussie fintech Airwallex raises $465m.
Plus: UK halts Israel trade talks over Gaza offensive, sanctions settlers; Musk to cut political donations, stay Tesla CEO “unless I die"; CATL surges in HK’s biggest 2025 IPO.
