Humanity Protocol, a blockchain-based identity verification firm, has achieved a US$1.1 billion ($1.58 billion) valuation after closing a US$20 million funding round co-led by Pantera Capital and Jump ...
Chinese AI startup DeepSeek triggered a selloff in global tech stocks with the release of its cost-effective AI model, which rivals OpenAI and Meta’s offerings while using less advanced hardware.
The news: The Australian sharemarket ended higher, tracking Wall Street gains, ahead of the latest inflation figures to be released next week. The benchmark ASX 200 gained 0.36% to end at 8,408.9, ...
Australia doesn’t need more regulators and should retain its 30-year-old model for financial oversight, the ASIC chair told Capital Brief. ASIC Chair Joe Longo discusses his outlook for the year ahead ...
The news: Oil and gas producers weighed on the ASX energy sector after US President Donald Trump pressured the Organization of the Petroleum Exporting Countries (OPEC) to lower oil prices in a bid to ...
The news: Engineering firm Monadelphous Group said that it expects profit after tax for the six months ending 31 December to exceed consensus forecasts. The numbers: The company said its draft results ...
The news: Gold miners Regis Resources and Westgold Resources slumped on the ASX despite an uptick in global spot gold prices, after both were struck by downgrades by Canaccord Genuity. The numbers: ...