Perth morning briefing

Markets slide on AI fears and Iran strikes; 43 Aussies missing in Nepal floods

Good morning, Perth. A clear 12 degrees out there, so here is what is happening in the world and beyond.

Weather

12C, Clear

AI threatens to unleash global market downturn, top central banker warns
Andrew Bailey, governor of the Bank of England, has warned of a severe downturn in global stock markets if the AI bubble bursts.
watoday.com.au
ASX set to retreat as Wall Street slides; Oil prices climb after US strike on Iranian sites
The price of oil rose and stocks fell on Wall Street after the US launched its first military action in a month against Iran, with the ASX set to retreat.
watoday.com.au
About 500 feared stuck in hydropower tunnels in Nepal
More than 950 deaths have been registered in Nepal and China following devastating flooding, with about 500 feared stuck in hydropower tunnels and more than 4400 people, including 43 Australians, missing.
perthnow.com.au
Courtney alleges she was raped by a classmate when she was six years old. Now she’s taking action
Thousands of concerning child-on-child incidents of a sexual nature have been reported by state primary and secondary schools in recent years, and one woman is now taking action after alleging she was raped by a classmate when she was six years old.
watoday.com.au
China rages at Taiwan's presence at Pacific ceremony
The Pacific Islands Forum has opened with a geopolitical dispute in Palau, one of the few nations which recognises Taiwan rather than China.
perthnow.com.au

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