Shares of Star Entertainment fell further on Friday to hit a record low, after the Australian casino operator raised concerns about liquidity and cash months after securing a debt lifeline.

The embattled Australian casino operator cautioned it is burning through cash.

The U.S. dollar drew strength from rising Treasury yields on Thursday, adding pressure to the pound and euro, while the yen edged up from recent lows, and the market waited for clarity on possible Trump tariffs.

Australia retail activity jumped in November, supported by Black Friday sales and widespread discounting ahead of Christmas.

Australian Retailers Association's Chief Industry Officer Fleur Brown says Black Friday sales were a “big winner” for retail sales last year.

Nathan McSweeney has been recalled to Australia’s test squad to tour Sri Lanka less than three weeks after being dropped from the top order.

Glenn Maxwell's hopes of reviving his test career may be over after the all-rounder missed out on selection in Australia's much-changed squad for the Sri Lanka tour. All-rounder Mitchell Marsh has also been overlooked for the squad,

Cricket Australia (CA) has unveiled a 16-player squad for the upcoming two-Test away series against Sri Lanka, set to begin on January 29. This will be Australia's final red-ball series before they go to England to face South Africa in the World Test Championship (WTC) 2023-25 final.