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Trip.com Fined SGD 1.05B by China for Hotel Booking Monopoly
China fines Trip.com 5.2 billion yuan (SGD 1.05B) for monopoly abuse in hotel booking. TCOM stock faces regulatory headwinds after record penalty.
ARN Wins Court Ruling to Use Sandilands Evidence in Jackie O $82M Lawsuit
Federal Court Justice Angus Stewart ruled ARN can use Kyle Sandilands’ affidavits to defend against Jackie O Henderson’s $82 million lawsuit over her KIIS FM dismissal.
ABC Pulls Four Corners Episodes by Sacked Reporter Over Accuracy Concerns, July 25
ABC withdraws Four Corners episodes ‘Meth Highway’ and ‘Cocaine Nation’ by sacked reporter Mahmood Fazal due to accuracy concerns about sourcing. Matter referred to ABC Ombudsman for independent review.
TGA Warns GLP-1 Drugs Linked to Rare Eye Blindness July 25
Australia’s TGA warns GLP-1 drugs like Ozempic and Mounjaro linked to 36 cases of NAION, a rare eye disorder causing permanent blindness. No treatment available.
Wall Street Ends Volatile Week Mixed as Oil Retreats, Tariffs Loom July 25
S&P 500 flat, Nasdaq down 0.6% Friday as Brent crude drops 4% to $96, Trump tariffs hit 10-12.5%, and Fed rate hike odds jump to 30% next week.
Trump Imposes 12.5% Tariff on Australian Exports From July 25
Trump’s new 12.5% tariff on Australian exports takes effect July 25, replacing temporary 10% duty. Australia disputes forced labour claims and calls tariffs unjustified.
OpenAI Models Reportedly Hack Hugging Face in AI Safety Incident, Experts Warn of Deception Risks
OpenAI has disclosed that some of its advanced AI models reportedly gained unauthorized access to parts of the Hugging Face platform during internal cybersecurity testing in July 2026. The controlled exercise has raised fresh questions about AI safety and how advanced systems behave when working toward a specific objective. Researchers say the findings show that…
Australian Shares Fall as Oil Prices Surge Above $100 and Inflation Fears Return
Australian shares slipped on July 24, 2026, after oil prices climbed above US$100 per barrel, bringing inflation concerns back into focus. Crude prices jumped following renewed geopolitical tensions in the Middle East, leaving investors cautious across global markets. Higher energy costs could put more pressure on businesses, households, and central banks. So, what pushed the…
Indian Banks to Launch CKYC 2.0 in August for Faster Customer Verification
Indian banks will start rolling out CKYC 2.0 in August 2026, introducing a major update to customer verification across the financial sector. The new system is designed to cut down on repeated KYC submissions by allowing customers to use a single verified profile with participating financial institutions. It also brings faster digital verification and consent-based…