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Business Times Australia: Press Releases

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Press releases published on June 25, 2025

U.S. Stocks Climb After Trump’s Israel-Iran Ceasefire Announcement

U.S. Stocks Climb After Trump’s Israel-Iran Ceasefire Announcement

(MENAFN) US equities rallied sharply Tuesday following President Donald Trump’s announcement of a ceasefire agreement between Israel and Iran, effectively halting the conflict that erupted on June 13. The Dow Jones Industrial Average surged 1.19%, adding …

UK Prepares Acquiring F-35A Jets

UK Prepares Acquiring F-35A Jets

(MENAFN) The United Kingdom is preparing to buy at least 12 F-35A fighter jets, which have the capability to carry nuclear weapons, as part of its plan to join NATO’s airborne nuclear mission. Prime Minister Keir Starmer is set to reveal this decision on …

Iran Prolongs Airspace Closure Until Wednesday Afternoon

Iran Prolongs Airspace Closure Until Wednesday Afternoon

(MENAFN) Iran announced on Tuesday that its airspace will remain closed until Wednesday afternoon, a local news agency reported. Majid Akhavan, spokesman for the Roads and Urban Development Ministry, said the decision was prompted by recent developments …

Italian PM states NATO remains backbone of European defense

Italian PM states NATO remains backbone of European defense

(MENAFN) Italian Prime Minister Giorgia Meloni stated on Tuesday that NATO should continue to serve as the foundation of Europe’s defense strategy, cautioning against establishing a separate European military structure. Speaking to the national parliament, …

S. Korea Records Rise in Births for Tenth Month

S. Korea Records Rise in Births for Tenth Month

(MENAFN) South Korea recorded a rise in births for the tenth consecutive month in April, driven by an uptick in marriages, according to data released Wednesday by Statistics Korea. The number of babies born in April climbed 8.7% year-over-year, reaching 20 …

Gaza death toll continues, surpassing fifty-six thousand

Gaza death toll continues, surpassing fifty-six thousand

(MENAFN) The death toll from Israel’s ongoing military campaign in Gaza has risen to at least 56,077 since October 2023, according to the Palestinian Health Ministry on Tuesday. In the latest update, authorities reported that 79 more bodies had been …

Iran clarifies attacks on Qatar were targeted at US military base

Iran clarifies attacks on Qatar were targeted at US military base

(MENAFN) Iranian President Masoud Pezeshkian assured Qatar on Tuesday that a recent missile attack targeting the U.S. military base at Al-Udeid was not directed at Qatar itself, but rather a response to American involvement in Israel’s conflict with Iran. …

Israeli Missile Strike Kills Iran’s IRGC Commander

Israeli Missile Strike Kills Iran’s IRGC Commander

(MENAFN) A high-ranking officer of Iran’s Islamic Revolutionary Guard Corps (IRGC) was killed in a targeted missile strike by Israel in Tehran, Iranian officials confirmed Tuesday. The IRGC’s public relations office verified that Mohammad Taqi Yousefvand, …

Finland Finalizes Second Phase of Russia Border Barrier

Finland Finalizes Second Phase of Russia Border Barrier

(MENAFN) Finland has finished building the second phase of its border barrier along the eastern frontier with Russia, the Finnish Border Guard confirmed Tuesday, as reported by a media outlet. The latest completed section spans roughly 18 kilometers across …

France denounces Israel’s airstrikes on Gaza aid distribution center

France denounces Israel’s airstrikes on Gaza aid distribution center

(MENAFN) France issued a strong condemnation on Tuesday over Israeli airstrikes that struck civilians gathered near an aid distribution site in Gaza, resulting in heavy casualties. "France condemns the Israeli strikes that hit civilians gathered around an …

Russia Unveils Plan to Launch National Messaging App

Russia Unveils Plan to Launch National Messaging App

(MENAFN) Russian President Vladimir Putin signed a decree on Tuesday mandating the creation of a nationwide messaging platform, aiming for its widespread adoption—especially within public sector institutions, media outlets reported. The country’s Digital …

Trump wants to take credit for halting Iran-Israel conflict

Trump wants to take credit for halting Iran-Israel conflict

(MENAFN) On Tuesday, US President Donald Trump stated that both Israel and Iran had a mutual desire to end their recent conflict, as he took credit for bringing the fighting to a halt and eliminating Iran’s nuclear capabilities. "Both Israel and Iran …

Trump declines giving clear commitment to NATO’s article five

Trump declines giving clear commitment to NATO’s article five

(MENAFN) While en route to the NATO summit in The Hague on Tuesday, U.S. President Donald Trump declined to clearly affirm the United States' commitment to Article 5, the alliance's foundational mutual defense clause. When asked about his stance, he …

Erdogan, Trump Hold Talks on Regional Conflicts, Bilateral Ties

Erdogan, Trump Hold Talks on Regional Conflicts, Bilateral Ties

(MENAFN) At the NATO Summit in The Hague on Tuesday, Turkish President Recep Tayyip Erdogan held a high-level meeting with US President Donald Trump, focusing on pressing regional conflicts, global challenges, and deepening bilateral relations. Erdogan …

Israel Faces Nearly 39,000 Compensation Claims Over Iranian Missile Damage

Israel Faces Nearly 39,000 Compensation Claims Over Iranian Missile Damage

(MENAFN) Israeli officials have been inundated with close to 39,000 claims seeking compensation for direct material damages caused by Iranian missile strikes, local media reported Tuesday. The Israeli Tax Authority’s Compensation Fund has registered about …

Erdogan discuss with Trump bilateral ties in NATO summit

Erdogan discuss with Trump bilateral ties in NATO summit

(MENAFN) Turkish President Recep Tayyip Erdogan and US President Donald Trump held talks on Tuesday during the NATO summit in The Hague, focusing on both regional developments and matters concerning their countries' relations. According to official …

Floods in South Africa’s Eastern Cape Claim One Hundred Lives

Floods in South Africa’s Eastern Cape Claim One Hundred Lives

(MENAFN) The death toll from the catastrophic floods that struck South Africa’s Eastern Cape Province has climbed to 100, as local authorities continue search and recovery operations, officials confirmed Tuesday. The devastating floods, which hit the …

South Korea Reports Drop in Mobility for Third Month

South Korea Reports Drop in Mobility for Third Month

(MENAFN) South Korea's internal migration dropped for the third consecutive month, underscoring the nation’s worsening demographic crisis, according to data released Wednesday by Statistics Korea. In May, 473,000 people changed their residence either …

Federal Reserve Signals Steady Policy as Rate Cuts Loom

Federal Reserve Signals Steady Policy as Rate Cuts Loom

(MENAFN) On Tuesday, US Federal Reserve Chair Jerome Powell indicated the central bank is prepared to hold off on policy changes until more clarity emerges about the economy’s direction. During his address at the Semiannual Monetary Policy Report to …

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