Iran has launched a surprise ballistic missile attack on U.S. forces in the Middle East, leading to a resumption of strikes between Iran and the U.S. after a brief pause. The U.S. reported intercepting the missile attack. These developments have contributed to a rise in oil prices.
In Australia, Angus Taylor has denied making payments to a conservative Liberal group amid an ongoing Icac investigation. Meanwhile, the One Nation party in Queensland faces possible deregistration after failing to file audited financial statements.
Other international news includes Japan’s earthquake death toll rising as rescue teams continue searching for missing people amid aftershocks. The U.S. government has banned new Chinese humanoid robots and is preparing to impose a new sanctions package on Russia, with the Senate scheduling votes related to sanctions for the Ukraine war.
In business news, South Korean chipmaker SK Hynix has seen profits soar sixfold due to the AI boom.