Shares Hit

Rise in share price adds nearly $1bn to tech giant’s market value while White continues on as a board director and chief innovation officerGet our breaking news email, free app or daily news podcastRichard White has resigned as executive chair of WiseTech, the Australian tech company he co-founded, denying allegations he exploited a worker’s financial and visa status for sex.White will stay on as a board director and chief innovation officer, with Raelene Murphy replacing him as chair, the company announced on Tuesday. Continue reading...

• Asian stock markets rallied following a record-breaking performance by the Dow Jones Industrial Average, driven by a rebound in select AI-related shares. • Hong Kong's Hang Seng index climbed 1.7% to 23,444.45 and the Shanghai Composite index rose 0.7% to 4,056.81, though Taiwan's Taiex fell 0.6%. • The movement highlights the continued volatility and influence of the artificial intelligence sector on global market sentiment.

• Global stock markets in Asia and Europe rose on Tuesday, following a positive trend from Wall Street. • Key indices saw gains including Germany's DAX (+0.8%), Britain's FTSE 100 (+0.4%), and a slight increase in Paris's CAC 40. • The Japanese yen hit a critical milestone, trading near a 40-year low against the U.S. dollar.

• Asian shares declined on Friday following a strong quarter, driven by a dip in tech sentiment after Apple implemented significant price hikes. • The price increases highlighted the potential downsides of booming chip demand, weighing on technology stocks across the region. • Simultaneously, the Japanese yen was prevented from hitting 40-year lows due to the looming threat of government intervention.

• Global stock markets experienced a significant downturn as investors began selling off high-flying technology stocks. • South Korean shares were particularly hard hit, plunging by 10% amid the market volatility. • The sell-off was triggered by growing investor anxiety regarding "frothy" valuations and the sustainability of recent tech gains.

Katherine, 5, and Harry, aged 14 months – the only two children of mother Sok Ram – died on Wednesday after their pram was hit by an SUV in CabramattaA tight-knit community is reeling after a kindergarten student and her baby brother were killed when a SUV collided with a pram shortly after school pick-up.The girl and her brother have been identified as Katherine, five, and Harry, aged 14 months - the only two children of 33-year-old mother Sok Ram. Continue reading...

• European shares reached their highest levels in over two months on Monday, with the Pan-European Stoxx 600 trading near record highs last seen in late February. • The market surge was driven by reports that the United States and Iran are negotiating a deal to end their conflict and secure the Strait of Hormuz. • Oil prices dropped 6% as the prospect of a diplomatic resolution eased global concerns regarding inflation and a potential economic slowdown.