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  • Australian business activity rebounds in June, survey finds – Reuters

    1. Australian business activity rebounds in June, survey finds  Reuters
    2. Australia Business Conditions and Confidence Jump Ahead of RBA Decision  Bloomberg.com
    3. Australian Business Activity Sees Remarkable Turnaround In June  Finimize
    4. Australia’s services PMI hits 13-month high to 51.8 in June amid rising optimism  MSN
    5. Australia’s Services Sector Shows Unexpected Growth  TipRanks

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  • Novak Djokovic teases crowd and De Minaur before reaching Wimbledon quarter-finals | Wimbledon 2025

    Novak Djokovic teases crowd and De Minaur before reaching Wimbledon quarter-finals | Wimbledon 2025

    Novak Djokovic won his 101st match at Wimbledon and advanced to his eighth consecutive quarter-final. Not that this was enough for the Serbian all-timer. In an act of grand generosity against his opponent Alex de Minaur, he also had his worst opening set at SW19, granting a rapt Centre Court crowd a rare moment of jeopardy at one of his matches.

    The seven-time Wimbledon singles champion was broken three times in the first set by the Australian 12 years his junior. Djokovic’s game was all over the place. In that short window it was possible to imagine a world in which decent, well‑rounded challengers such as De Minaur, the No 11 seed, might come into these matches with hope of something other than chastening defeat. It was a nice thought while it lasted.

    Everyone at this tennis sanctum knows better than to discount Djokovic, of course, at any point in a match. Even after such a disembodied display in the opening half-hour, the projected outcome was still success for the 38-year-old, and so it duly proved. The errors sharply declined, as if he had had a strong word with himself internally. The quality of his serve rose with each game to the point that it was the decisive weapon in the third set.

    The fourth set was a dogfight after going 3-0 down but Djokovic got his teeth into the contest and held on until De Minaur submitted. Next up is the Italian No 22 seed, Flavio Cobolli.

    “I was not feeling good, not finding the right timing,” Djokovic said of the first set, citing the swirling wind inside Centre Court.

    Roger Federer was in the royal box on Centre Court for Novak Djokovic’s match against Alex de Minaur. Photograph: Tom Jenkins/The Guardian

    “[De Minaur] was obviously feeling that. He was exposing my game, exposing my weaknesses, trying to mix things up, and returning extremely well. I think he’s one of the toughest opponents you can have on this kind of day where it’s very windy. He’s so quick, he constantly makes you play. He’s also a very smart player. On the grass, he knows how to use the slice and the angles.”

    Djokovic’s analysis was typically astute. With Roger Federer watching on from the royal box, something Djokovic claims has acted previously as a “curse” on his performance, De Minaur was dynamic, agile and clever. He could keep up with Djokovic’s power easily enough but could also read his range, responding to the lobs, drop shots and switches of side sharply. He bossed the longer rallies. His own error count was low and he bounced his way into the second set.

    Djokovic then did what he has almost always done in moments of adversity: he doubled down and turned the screw. The very first point of the second set was a blitz of furious stroke-making and the former world No 1 secured a break of serve at the first time of asking.

    To De Minaur’s credit he broke back straight away, but this was an arduous affair of seven deuces. Djokovic then stepped up and broke again. A second huge effort brought De Minaur level again but at 3-3 Djokovic broke him once more, this time to love and with the winning shot a delightful backhand slice across court that left the younger man frozen on his feet. As the Serb closed out the second set to level things up the familiar sense of inevitability began to rise.

    Alex de Minaur shows his disappointment as the match slips away against Novak Djokovic. Photograph: Tom Jenkins/The Guardian

    The third set went with serve for 10 games, but the sense of De Minaur having to scramble just to keep up was growing. Djokovic’s first‑serve percentage was at 80%, up from 48% in the first set. At the crucial juncture of 4-4 and with increasingly little room for error, the pressure finally told. Djokovic won a scintillating rally at 15-30 with a jaw-dropping volley on the slide back across himself, and then his opponent delivered a gift of a loose forehand to seal the break. A couple more errors from De Minaur and the third set was gone.

    Djokovic took his foot off the pedal for a moment at the start of the fourth and De Minaur stole a break of serve. He held it too, for a service game at least. At 4-2 it was all on the line and De Minaur found his best level for a final time, holding Djokovic to account in the rallies. It was not enough, though.

    By now Djokovic was hitting so well that he did not need to find a winner, just gradually, incrementally turn up the pressure in his favour. And so 4-2 became 4-3 then 4-4. In the blink of an eye he broke again and served out the match. All that early drama seemed a long way away.

    Djokovic is revving up for the opportunity to compete for the title once more. “I think I do have a chance – there’s no doubt about it,” he said.

    “I’ve been playing some really good tennis this year. So I feel good about myself. I feel confident. I feel motivated to go all the way. Let’s see what happens.”

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  • Yen stumbles as Trump imposes 25% tariffs on Japan – Reuters

    1. Yen stumbles as Trump imposes 25% tariffs on Japan  Reuters
    2. US delays higher tariffs but announces new rates for some nations  BBC
    3. EXTENDING THE MODIFICATION OF THE RECIPROCAL TARIFF RATES  The White House (.gov)
    4. Trump tariffs live: Japan, South Korea and other trade partners get new rates  Reuters
    5. Trump’s July 9 tariff deadline: What’s next for global trade?  Al Jazeera

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  • It’s harder than you think to become a top sports official in football, soccer and the rugby codes

    It’s harder than you think to become a top sports official in football, soccer and the rugby codes

    Sport officials, regardless of which code they supervise, are appointed to be impartial figures.

    They have to quickly interpret infractions, adjudicate rules and communicate commands, all while maintaining the highest levels of objectivity and sense – not to mention the fitness required.

    So, what does it take to become a sport official at the elite level, such as NRL referees or AFL umpires?

    And why do so many sports fans think these officials are at fault when their team keeps getting penalised?




    Read more:
    1 in 5 community footy umpires have been assaulted, while others cop death threats: new research


    It’s harder than you think

    Recently, there were calls for Ashley Klein to be stripped of officiating duties for the third and final rugby league State of Origin clash after NRL commentators queried a one-sided penalty count in the Maroons’ favour during game two in Perth.

    Likewise, the AFL recently faced criticism when video evidence revealed Collingwood’s Lachie Schultz had suffered a concussion, but the umpires in charge failed to stop play immediately, as they should have.

    Every week, fans also voice their displeasure at perceived injustices, whether that be at the ground, watching on TV or venting on social media.

    However, very few people fully understand the complexity or intricacies of what it takes to perform a sport official’s role, particularly at the elite level.

    Elite officials must have detailed rule knowledge, incredible physical and mental fitness and be composed regardless of crowd pressure. They must be able to instantly move on from any mistakes made.

    They also need situational awareness and a level of calmness to effectively supervise two groups of competitors fiercely battling against each other in these highly charged environments.

    Figuratively speaking, this can be like emergency department (ED) doctors or air traffic controllers, who are required to manage multiple events and competing task demands in a calm and consistent manner.

    Even though elite officials don’t work continuously for long hours like ED doctors or pilots – the total playing time of most of our winter sporting codes is generally between 90-120 minutes – the level of concentration, composure and mental toughness required is immense.

    Making good decisions when both players and the ball are constantly shifting position also requires exceptional game understanding and an ability to convey decisions that are appropriate to the game context.

    In other words, elite referees operate in situations in which time pressure, stress and high risk decision-making are always present.

    So who would want to perform a role where coaches, fans and some sections of the media continually question your knowledge, integrity and skills?

    Professional or part-time?

    Currently, of Australia’s major winter codes, only the NRL has a full quota of referees who are full time, paid professionals.

    Soccer’s A-League has a small group of full-time officials and an impressive number of top officials are part of FIFA’s panel of international referees. Yet, most A-League referees are part-time operators.

    Similarly, Rugby Australia has a small team of full-time professional referees who are appointed to Super League games and international matches not involving Australia, but most are part-timers.

    In the AFL, most umpires work part-time, with pressure mounting on the league to transition its umpires into full-time positions as ongoing criticisms over controversial decisions continue to grow.

    What elite officials get paid can be shrouded in secrecy but AFL field umpires reportedly earn A$120–130,000 each year while the best NRL referees earn more than $300,000 each season.

    Current pathways into the top level for most sporting codes require extensive apprenticeships in lower grades.

    To reach those top pay levels, extensive on-field experience in lower grades is required. Those who stand out are selected in high-performance squads where specialist coaching is provided.

    An often thankless task

    So, do you think you have what it takes to be an elite sports official?

    Could you maintain an optimal level of physical and cognitive performance while running at high speeds when you know every decision you make can be reviewed by video technology and re-watched in slow motion at one 25th of a second?

    It might be good to remember most decisions in sport are not black and white.

    Referees are human. They make mistakes. Sometimes they have to follow a policy or refereeing method they might not agree with.

    However, what we need to remember before we shout at them during a game is elite officials are trying to make games as fair, open, free flowing and entertaining as possible as they strive to impartially apply the rules of the game.

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  • James Gunn Says ‘Superman’ Doesn’t Need to Make $700M to Be Successful

    James Gunn Says ‘Superman’ Doesn’t Need to Make $700M to Be Successful

    With James Gunn‘s highly anticipated Superman set to launch his and Peter Safran’s new DC Universe for Warner Bros., the filmmaker claims that “it doesn’t need to be as big of a situation as people are saying.”

    In a recent GQ cover story on David Corenswet, who plays Clark Kent/Superman in the film, Gunn shared his thoughts on the pressure to deliver at the box office amid “superhero fatigue” in recent years.

    “This is not the riskiest endeavor in the world,” the director and co-head of DC Studios said. “Is there something riding on it? Yeah, but it’s not as big as people make it out to be. They hear these numbers that the movie’s only going to be successful if it makes $700 million or something and it’s just complete and utter nonsense. It doesn’t need to be as big of a situation as people are saying.”

    While it appears Gunn is trying to manage expectations surrounding Superman, there’s no doubt the film is hoping to dominate at the box office given its high price tag. The Hollywood Reporter previously reported that DC suggested the budget for the superhero blockbuster is a net $225 million after incentives and tax breaks. That doesn’t include marketing costs, which sources said could be as much as $200 million.

    Superman centers on a younger Clark Kent who must reconcile his Kryptonian heritage with his human upbringing, while also working as a reporter in Metropolis. The film, also starring Rachel Brosnahan and Nicholas Hoult, hits theaters July 11.

    Gunn has previously been outspoken about the current state of the film industry, especially superhero pics. A number of pics have flopped in recent years due to “superhero fatigue,” such as The FlashShazam: Fury of the GodsThe Marvels and Madame Web. However, the filmmaker has explained that “superhero fatigue” isn’t the only reason films have struggled at the box office recently, as unfinished scripts and meaningless cameos have also been contributing factors.

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  • AI video becomes more convincing, rattling creative industry – France 24

    1. AI video becomes more convincing, rattling creative industry  France 24
    2. Google rolls out its new Veo 3 video-generation model globally  TechCrunch
    3. This $12.99/month hack gives you access to Google’s Veo 3 AI video tool — here’s how  Tom’s Guide
    4. I used Gemini Veo to recreate core memories and my wife will never forgive me  TechRadar
    5. Veo 3: Google Drops A Bombshell! How Dangerous Is The New AI Video Tool? Here’s What An Expert Says  news24online.com

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  • Highly Anticipated Second Season Of Hit Isekai Series “Reincarnated As A Sword” To Stream Exclusively On HIDIVE In 2026 – AMC Networks Inc.

    Highly Anticipated Second Season Of Hit Isekai Series “Reincarnated As A Sword” To Stream Exclusively On HIDIVE In 2026 – AMC Networks Inc.

    Download Key Art Here

    LOS ANGELES  JULY 5, 2025 — The question isekai fans have long been asking was answered today at Anime Expo 2025 with the announcement that AMC Networks’ HIDIVE will stream the highly anticipated second season of Reincarnated as a Sword. Based on the popular novels and manga created by Yuu Tanaka, the isekai anime series originally debuted in late 2022 and was in instant hit with audiences and critics alike—constantly praised for its storyline, characters and visuals. And ever since, Reincarnated as a Sword is consistently ranked among the top isekai anime of all time. Season 2 of Reincarnated as a Sword is slated to premiere in 2026 as an exclusive simulcast series during HIDIVE’s fall season. The new Reincarnated as a Sword Season 2 logo and teaser visual were first revealed this morning by NBC Universal to Anime Expo attendees during the licensor’s industry panel.

    “We’re excited to reveal that Season 2 of the hit isekai Reincarnated as a Sword will return next year and stream exclusively as part of HIDIVE’s Fall 2026 simulcast season line-up,” said John Ledford, President of HIDIVE. ”Reincarnated as a Sword was an instant hit with audiences when the original season premiered on HIDIVE in 2022. The series’ popularity and fandom have never waned since then and will undoubtedly grow even further when Season 2 premieres in 2026!”

    Some isekai protagonists are reincarnated as powerful warriors or skilled wizards, but our protagonist was reborn in another life as a sentient sword! He’s taken up by Fran, a desperate girl fleeing evil-doers intent on selling her into slavery. With her new weapon’s help and guidance, she’s able to strike down her captors and secure her freedom. Together, this unconventional master-student duo embarks on an epic journey to liberate those in need and exact justice on the cruel of heart.

    Reincarnated as a Sword is adapted from Yuu Tanaka’s original novels and manga series, including Micro Magazine’s GC Novels light novel series illustrated by Ruroo and the manga series illustrated by Tomowo Maruyama and published in Gentosha’s Comic Boost, both of which are available in English from Seven Seas Entertainment. The anime series is directed by Shinji Ishihira along with writing by Takahiro Nagano and production by C2C.

    For the latest announcements regarding Reincarnated as a Sword, follow HIDIVE on FacebookX, Instagram and YouTube.

    About HIDIVE

    HIDIVE is a fast-growing, fan-centric anime service and part of AMC Networks’ targeted streaming portfolio. From English subs and dubs to episodic series, movies and more, HIDIVE delivers a full-tilt, genre-spanning anime experience with blockbusters, classics and underrated masterpieces by Japan’s leading and emerging producers. Each season, subscribers have exclusive access to first-run simulcasts of the best new anime at or near the same time as their Japanese broadcast. HIDIVE can be viewed on a wide array of platforms, including desktop, laptop, tablet, smartphone and connected TV, and is currently available by subscription in the U.S. and Canada as well as key overseas markets including the U.K., Ireland, Australia, and New Zealand. For more information on HIDIVE or to sign up for a free trial, visit www.hidive.com.


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  • Businesses struggle with new tax rule on high-value cash sales

    Businesses struggle with new tax rule on high-value cash sales

    ISLAMABAD: The business community is facing practical issues while complying with a new income tax provision for disallowing 50 percent of expenditure attributable to cash sales exceeding Rs200,000 per transaction.

    This new provision introduced through Finance Act 2025 has been implemented from July 1, 2025.

    Tax experts told Business Recorder that the amendment to Section 24 of the Income Tax Ordinance 2001, which prohibits the deduction of expenses for cash sales exceeding Rs200,000 has generated considerable concern within the business community.

    Non-filers: Banks to restrict cash withdrawals above set limit

    In response, numerous companies are distributing circulars advising their customers to avoid cash payments or cash deposits into their bank accounts in compliance with this amendment.

    Non-filers: Banks to restrict cash withdrawals above set limit

    According to the details, the disallowance introduced via Section 24 of the Income Tax Ordinance, 2001 pertains exclusively to the head “Income from Business”, as defined under Section 18.

    This provision disallows 50 per cent of expenditure attributable to cash sales exceeding Rs200,000 per transaction.

    By legislative design and placement, this disallowance has no bearing on other income heads such as Rental income (Section 15 Income from Property) and Capital Gains (Section 37) and Income from Other Sources (Section 39).

    Hence, the restriction applies solely to business income and is not applicable to individuals or entities earning income under any other head.

    Similarly, Section 21 disallows 10 per cent of admissible business expenditure if paid to non-NTN holders. This provision also resides within the framework of “Income from Business” and does not extend to non-business income.

    The disallowance under Section 21 does not affect deductions claimed under: Section 15 (Property Income); Section 12 (Salary); Sections 37 / 37A (Capital Gains) and Section 39 (Other Sources).

    Both disallowance provisions—Section 24 (cash sales) and Section 21 (non-NTN payments)—are categorically limited to income assessed under the head “Income from Business”.

    They have no application to rental income, capital gains, salary, or other non-business income streams. Absent any statutory deeming provision to the contrary, their scope remains confined to business taxpayers only, tax experts added.

    Copyright Business Recorder, 2025

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  • Gold falls as dollar firms after tariff deadline extension – Markets

    Gold falls as dollar firms after tariff deadline extension – Markets

    NEW YORK: Gold prices retreated to a one-week low on Monday as the dollar firmed and traders digested US President Donald Trump’s extension of his July 9 tariff deadline to August 1 and assertion that the US is close to several trade deals.

    Spot gold was down 0.8% at $3,307.87 an ounce at 1302 GMT after hitting its lowest since June 30 at $3,296.09. US gold futures lost 0.7% to $3,318. The stronger dollar, up 0.2% against a basket of other major currencies, makes dollar-priced gold more expensive for buyers with other currencies.

    “The market volumes remain quiet at this moment, and price action is probably still just reflecting the latest piece of economic data, but also starting to look forward to the potential for trade deals to be announced,” said Daniel Ghali, commodity strategist at TD Securities. Last week’s stronger than expected US payroll data cemented expectations that the Federal Reserve is unlikely to cut interest rates as early as previously expected.

    Minutes of the Fed’s latest policy meeting and speeches by several Fed officials are due this week for further insights into the central bank’s policy path. Elsewhere, China’s central bank added gold to its reserves in June for an eighth consecutive month, official data from the People’s Bank of China (PBOC) showed on Monday. “The PBoC in particular has been diversifying foreign exchange reserves substantially and an uptick in uncertainty and geopolitical risk may speed up the process,” said Zain Vawda, analyst at MarketPulse by OANDA. In other precious metals, spot silver fell 1.6% to $36.32 an ounce, platinum shed 2.9% to $1,350.97 and palladium lost 3% to $1,100.65.

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  • Alpha Male Primates a Myth, Researchers Find in New Study : ScienceAlert

    Alpha Male Primates a Myth, Researchers Find in New Study : ScienceAlert

    New research on Monday contradicted the commonly held idea that males dominate females among primates, revealing far more nuanced power dynamics in the relationships of our close relatives.

    “For a long time we have had a completely binary view of this issue: we thought that a species was either dominated by males or females – and that this was a fixed trait,” Elise Huchard, a primatologist at the University of Montpellier in France, told AFP.

    “Recently, this idea has been challenged by studies showing that the truth is much more complicated,” said the lead author of a new study published in the journal PNAS.

    The French-German team of researchers combed through scientific literature for interactions between male and female primates that revealed their hierarchical relationships.

    These included aggression, threats and signs of dominant or submissive behaviour, such as when one primate spontaneously moved out of the way of another.

    Related: Wild Chimps Appear to Administer ‘First Aid’ to Each Other

    Over five years, the team gathered data from 253 populations across 121 primate species, including a range of monkeys, lemurs, tarsiers, and lorises.

    They found that confrontations between members of the opposite sex were much more frequent than had been previously thought. On average, more than half of these interactions within a group involved a male and a female.

    Studying primates like slow lorises reveals complexity in how different genders dominate social groups. (praisaeng/Getty Images Pro/Canva)

    Males clearly dominating females, which was defined as winning more than 90 percent of these confrontations, was only observed in 17 percent of the populations. Among this minority were baboons and chimpanzees, which are the closest living relatives to humans.

    Clear female domination was recorded in 13 percent of the primate populations, including lemurs and bonobos.

    This meant that for 70 percent of the primates, either males or females could be at the top of the pecking order.

    Battle of the sexes

    When male domination was particularly pronounced, it was usually in a species where males have a clear physical advantage, such as bigger bodies or teeth.

    It was also more common among ground-bound species, in which females are less able to run and hide compared to their relatives living in the trees.

    Females, meanwhile, tended to dominate over societies when they exerted control over reproduction.

    For example, the genitals of female baboons swell when they are ovulating. Males jealously guard females during these few days of their menstrual cycle, making sure that other competitors cannot mate with them.

    However in bonobos, this sexual swelling is less obvious.

    “Males never know when they are ovulating or not. As a result, (the female bonobos) can mate with whoever they want, whenever they want, much more easily,” Huchard said.

    bonobos
    Female bonobos mate with whoever they want, whenever they want, far more easily. (mmcclain90/pixabay/Canva)

    Female dominance is also more common when females compete with each other, and when males provide more care for the young.

    In these species, females are often solitary or only live in male-female pairs. This means that monogamy is closely linked to female dominance.

    Can these results be extrapolated to our own species? There are a great many differences between humans and our fellow primates, Huchard emphasised.

    But we would broadly fall into the middle category in which neither males nor females always have strict dominance over the other.

    “These results corroborate quite well with what we know about male-female relationships among hunter-gatherers, which were more egalitarian than in the agricultural societies that emerged later” in human history, Huchard said.

    © Agence France-Presse

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