‘A step-change’: tech firms battle for undersea dominance with submarine drones

Australia's ASX has experienced a significant outage that has disrupted corporate announcements and affected its website functionality, raising concerns among investors and market analysts. This incident highlights vulnerabilities in the trading infrastructure that could impact investor confidence.

House prices in Australia have increased, but growth has slowed notably in major cities like Sydney and Melbourne, according to Cotality. This trend indicates a potential cooling in the housing market, which has seen significant fluctuations in recent years.

Australia's Treasury Wine has announced a potential impairment of its U.S. assets, leading to a significant drop in its share price, which has now reached a decade low. This development highlights ongoing challenges faced by the company in the U.S. market, raising concerns among investors about its financial health.