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The Latest Breaking News from IG

Aussie stocks down for four of past five weeks

More than a month of poor conditions and bad news have weighed on the ASX - and local investors don't have much to look forward to for the time being.

AAP

AI boom puts SK Hynix on the cusp of $1 trillion market value

South Korea is at the forefront of Asia's AI boom, with SK Hynix nearing a $1 trillion market value, following Samsung Electronics' recent milestone. Driven by surging AI demand for memory chips, SK Hynix shares have seen significant growth.

The Economic Times

Oil edges up ahead of Trump-Xi meeting in Beijing

Oil prices saw a slight increase as investors awaited the meeting between U.S. President Trump and Chinese President Xi Jinping, with the Iran war a key focus. Despite U.S. sanctions, China remains a major buyer of Iranian oil, complicating efforts to resolve the conflict.

The Economic Times

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Baltimore City Hall accused of spending $50K on crab cakes and Old Bay wings at Orioles games

Feud erupts between Mayor Brandon Scott and Inspector General Isabel Mercedes Cumming over access to sensitive internal records, prompting IG to publish report alleging excess spending by his staffers

The Independent UK

Global oil inventories falling at record pace amid Iran war; US producer price inflation hits four-year high – as it happened

IEA warns that mounting supply losses from the Strait of Hormuz are depleting global oil inventories at a record pace

The Guardian - UK

Aussie shares log fourth session of losses, banks drag

Commonwealth Bank shares recorded their worst day in history after an earnings miss and new tax reforms have investors questioning its valuation.

AAP

Aussie shares wobble ahead of budget, oil surges again

Deteriorating US-Iran relations and concerns over flagged tax reforms weighed on the local share market, which has fallen in 15 of the past 19 sessions.

AAP

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Shares drop, oil rebounds as US and Iran exchange fire

Hopes of a deal to end the blockade of a key oil and gas transport route are hanging by a thread, following reports the US and Iran exchanged fire overnight.

AAP

Oil prices jump on renewed US-Iran hostilities

Oil prices surged Friday amid renewed U.S.-Iran clashes, jeopardizing a fragile ceasefire and dimming hopes for reopening the vital Strait of Hormuz. Brent crude and WTI futures climbed significantly, reversing earlier declines. This escalation follows Iran's accusations of U.S. violations and U.S. claims of retaliatory strikes, despite President Trump stating…

The Economic Times

The Celebrities Who Lost The Most “Followers” In Instagram’s Bot Purge

As many continue to ask “Which famous personalities lost a huge number of followers after this step by Meta?”, here are the stars who were hit hardest during Instagram’s biggest bot purge yet.

Bored Panda

Novo Nordisk shares soar as sales of Wegovy weight loss pill smash forecasts

The launch in January came amid a battle in the market with Mounjaro manufacturer Eli Lilly

The Independent UK

Wegovy maker Novo Nordisk boosted by successful weight loss pill launch

The launch in January came amid a battle in the market with Mounjaro manufacturer Eli Lilly.

Evening Standard

Vanessa Trump Breaks Silence: Tiger Woods Reportedly Warned To 'Get Sh*t Together' After DUI

Vanessa Trump steps back into the public eye at a Miami golf event as sources describe tense rows and firm boundaries after Tiger Woods' latest crash and arrest.

International Business Times UK

Selena Gomez Pregnancy Rumours and Justin Bieber Contact Claims Debunked

Selena Gomez's recent Instagram Live sparked controversy with false claims about her pregnancy and interactions with Justin Bieber, which she did not address during the session.

International Business Times UK

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Fortune

Hitting the 'GenAI wall': Where generative AI stops working, and what it means for your talent strategy

Companies that assume GenAI eliminates the need for expertise will hit the AI wall—and wonder why their workforce transformation has stalled.

AAP

ASX continues slide as inflation points to rate hike

Resurgent inflation has increased the odds the Reserve Bank hiking the cash rate at its next meeting, with ongoing price growth to drag on company earnings.

International Business Times

GOP Sen. Says He Won't Block Nomination Of Kevin Warsh As Fed Chair After DOJ Drops Investigation Of Jerome Powell

Republican Senator Thom Tillis said he will support Kevin Warsh's nomination as Federal Reserve chair, paving the way for his confirmation.

Euronews

Stock markets flat as oil prices hold above $100 on stalled US–Iran talks

European markets and US futures are trading mostly flat on Monday morning, while Brent crude remains above $100 and Asian markets bounce, as talks between Iran and the US stall.

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Roll Call

DOJ drops investigation into Fed’s Powell

U.S. Attorney Jeanine Pirro said Friday that she is dropping her investigation into Federal Reserve Chair Jerome Powell over the cost for renovations at the central bank, a move that could clear a path for the Senate to confirm Kevin Warsh as Powell’s replacement. “I have directed my office to…

The Guardian - UK

Stocks and shares Isas: are they right for me, and where is best to invest?

Some people are put off by myriad investment options. Here is a guide to the key decisions to help you choose

International Business Times UK

Is IG Model Klaudiaglam Dead? Soho Nightclub Hit-and-Run Leaves Influencer Critical as Rival Social Media Star Is Arrested

Instagram influencer Klaudiaglam critically injured in a Soho nightclub hit-and-run; major police investigation underway as viral videos spark online attention.

The Independent UK

Oil prices fall and Asian stocks hit six-week high amid fresh hopes for Iran peace talks

Donald Trump says negotiations could resume in Pakistan over the next two days

Tom’s Guide

I followed ChatGPT’s 48-hour ‘Dopamine Detox’ — here is how it rewired my focus

Can AI fix a broken attention span? I followed a ChatGPT-designed focus plan for two days. Here is why the first 12 hours were easier than I expected.

International Business Times UK

How Did Ashlee Jenae Die? Here's Why Pals Reject Fiance Joe McCann's 'Suicide' Claim In Tanzania

Influencer Ashlee Jenae's death in Tanzania is under investigation, with questions surrounding the circumstances and growing online speculation.

AAP

Aussie shares shaky as ceasefire hangs in the balance

Hopes around a delicate truce between the US and Iran have come under pressure less than a day after the agreement was struck, weighing on market confidence.

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