ASX at all-time high with rally ready to start in gold & silver

Good Morning,

Coal use increases by more than 500%, Anna Sawai makes history at Emmys, Trump shooting attempt, Germany reintroduces border checks to far-right praise, Insight Partners closes in on new $10 billion fund, Queensland's 50c fares locked in by both major parties, US bond insurance issuer, BAM, lands in Australia, targets infrastructure, Book covered for Auckland Airport’s $1.3bn raise

Let's jump in.

Before The Bell

Markets

• NZ sharemarket falls as investors look for cash for airport capital raise (GR)

• Coal use increases by more than 500% thanks to low hydro lake levels (Stuff)

• ‘Stars aligning’ for breakout rally in gold, silver (AFR)

• ASX closes at all-time high (AFR)

News Summary

• Anna Sawai makes history at Emmys (Stuff)

• Payout for boy who quit Subway job when his request for time off for school camp was denied (Stuff)

• Australian government one of leading victims of data breaches (9 News)

• Early hay fever season sparks health warning from doctors (9 News)

• Queensland's 50c fares locked in by both major parties (9 News)

• Trump shooting attempt (Guardian)

• Hong Kong: first conviction under new national security law for wearing ‘seditious’ T-shirt (Guardian)

• Germany reintroduces border checks to far-right praise as EU tensions mount (Guardian)

• Boeing Machinist Strike Adds Cash Crunch to New CEO’s Rescue Mission (WSJ)

Deal Flow

Investments / M&A

• Insight Partners closes in on new $10 billion fund (RT)

• France's Rexel rebuffs $9.4 billion offer from Brad Jacobs-led QXO (RT)

• Alcoa to sell its 25.1% stake in Ma’aden joint venture for $1.1 billion (RT)

• Apex predator Regal homes in on biggest M&A target to date: Platinum ($AU576m AUM) (AFR)

• US bond insurance issuer, BAM, lands in Australia, targets infrastructure (AFR)

• Bank merger killed as RAMS fallout spreads (AFR)

• UniCredit, Commerzbank merger could add shareholder value (RT)

VC & Fundraising

• Airtree-backed NDIS start-up Kismet clinches $32.5m in seed round (AFR)

Equity Raises

• Book covered for Auckland Airport’s $1.3bn raise (AFR)

• Australian health start-up chases $1.5b valuation with testing app (AFR)

Daily Picks

• Magpie swooping season is upon us. Here's how to avoid being attacked (9 News)

• Rare smelly penguin wins New Zealand bird of the year contest (Guardian)

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