A man died after being bitten by a shark while swimming off Sorrento Beach in Perth’s north, Western Australia police said. Emergency services were called at about 10.30am on Friday, and water and air crews carried out an extensive search of the area.

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Emergency services are responding to a suspected fatal shark attack off a beach near Perth, the Australian city on the country’s west coast.

shark attackPerthAustralia

A shooting at a high school in the southern Philippines on Friday left at least one person dead and four others injured, according to the provincial governor.

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Analysts say artificial intelligence, the ongoing trade war and the yuan are likely to dominate the upcoming US-China summit. Attention is focused on whether the two countries can make concessions or establish guardrails around key areas of competition.

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Former Malaysian Prime Minister Najib Razak, who is jailed, has been granted house arrest.

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Malaysia’s king has granted former Prime Minister Najib Razak rare royal clemency, allowing him to serve the remainder of his prison sentence under house arrest.

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Malaysia’s pardons board, chaired by the king, agreed on Friday to let jailed former prime minister Najib Razak complete the rest of his sentence under house arrest, the prime minister’s legal department said. Najib was convicted four years ago in connection with a multi-billion-dollar financial scandal.

MalaysiaNajib Razakhouse arrest

The United States said Thursday it had approved a $24.3 billion sale of 48 F-35 stealth fighter jets to Saudi Arabia. Israel had previously raised concerns about Riyadh obtaining the aircraft, despite efforts to normalise relations.

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The Trump administration says it has approved a proposed sale of nearly 50 F-35 fighters to Saudi Arabia, worth about $24bn. Critics in Congress and among US defence officials fear Riyadh could share sensitive technology with China; lawmakers have 30 days to review or block the deal.

United StatesSaudi ArabiaF-35 fightersarms sale

The US administration has agreed to a proposed $24.3 billion sale of 48 F-35 Lightning II fighter jets and related equipment to Saudi Arabia. Washington says the deal supports its foreign-policy and security objectives, while US intelligence has reportedly warned that China could gain access to F-35 technology through Saudi Arabia.

United StatesSaudi ArabiaF-35 fighter jetsarms sales

The Trump administration has asked Congress to approve a proposed $24.3bn sale of 48 F-35 fighter jets to Saudi Arabia. Riyadh is seeking US help in its war with Yemen’s Houthis, while US officials and lawmakers have raised concerns that China could gain access to the aircraft’s technology.

United StatesSaudi ArabiaF-35arms sales

The US State Department has approved a $24.3 billion sale of 48 F-35 fighter jets to Saudi Arabia, saying the deal will strengthen regional security and stability.

United StatesSaudi ArabiaF-35arms sale

The US State Department has approved a potential $24.3 billion sale of Lockheed Martin F-35 Lightning II Joint Strike Fighter aircraft to Saudi Arabia. The approval comes as the kingdom becomes increasingly drawn into the Middle East war.

United StatesSaudi ArabiaF-35 fighter jets

Stablecoin payments company dtcpay has closed a $25 million Series A backed by SBI Group. The funding will support expansion of its product suite and merchant network, including a revamped business portal for enterprise customers.

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S&P Global has agreed to acquire smart-contract security firm OpenZeppelin, extending its digital-asset business into the security infrastructure behind stablecoins, tokenized funds and decentralized finance. OpenZeppelin will remain a separate unit under its own name, with CEO Demian Brener staying on. Financial terms were not disclosed, and closing conditions remain.

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The Bank of Japan raised its main interest rate from 1% to 1.25%, its highest level since 1995. It was the sixth increase since 2024, as Japan contends with a weak yen, rising prices and a shrinking workforce, while the Iran war drives up energy costs and inflation pressure.

Bank of Japaninterest ratesinflationyen

The Bank of Japan raised its target rate from 1% to 1.25%, the highest since 1995, seeking to limit inflationary pressure linked to the war in Iran. Two board members opposed the move. The yen fell about 0.7% against the dollar, helping the Nikkei rise nearly 2%.

Bank of Japaninterest ratesinflationyen

The Bank of Japan lifted interest rates to 1.25%, the highest level in 31 years, in a widely anticipated move aimed at limiting the risk that inflation would overshoot its 2% target.

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The yen fell against major currencies in Asian trading on Friday after the Bank of Japan delivered a widely expected rate hike that failed to stop the currency’s decline.

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Japan’s central bank raised its benchmark interest rate from 1.0% to 1.25% on Friday, reaching a 31-year high.

Bank of Japaninterest ratesmonetary policy

Japan’s central bank lifted its benchmark interest rate from 1.0% to 1.25%, the highest level in 31 years. The increase, announced Friday after a two-day monetary policy board meeting, had been widely expected and was already reflected in recent global markets.

Bank of Japaninterest ratesmonetary policy

Russian Defense Ministry air defenses shot down another 15 drones heading toward Moscow, Mayor Sergey Sobyanin said. TASS calculations based on his posts indicate that 35 UAVs have been destroyed while approaching the Russian capital since the start of the day, with emergency crews working where debris fell.

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Three major central bank decisions dominate trading this week, while attention shifts to geopolitical tensions ahead of President Trump’s meeting with Xi Jinping.

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