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Collapsed Australian property developer Bathla reached short-term funding agreement with 5 lenders

StockNow breaking-news AI analysis

Bathla Group entered administration facing A$3.2 billion in debt amid rising costs, lower property sales, and tighter tax rules, appointing Teneo to support restructuring.

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Geopolitics

Iran warns South Korea against Hormuz deployment and threatens to target South Korean assets if Seoul joins the mission

Geopolitics

Iran's Foreign Ministry says the US-led war is disrupting global oil trade and costs, also says US aggression is causing instability in the Hormuz Strait

Market Analysis

[MARKET UPDATE] US index futures begin the week rangebound, while oil prices are mildly underpinned after the US and Iran launched tit-for-tat strikes on vessels in the Strait of Hormuz over the weekend