News

TD Cowen: Cuts Microsoft (MSFT.O) price target to $540 from $610.

Malaysian Prime Minister: Has received assurances from Petronas that Australia will be prioritized once domestic demand is met.

Malaysian Prime Minister: Malaysia needs minerals, especially phosphates from Australia.

The EU climate commissioner has warned that there are "alarming" increases in energy prices in Europe and that there are no economic "workarounds", while the latest crisis demonstrates the need for green investment to reduce reliance on imported fossil fuels.

White House adviser and senior Trump aide Stephen Miller said the United States has the ability to continue blocking Iranian ports "indefinitely" if Iran chooses the wrong path.

Australian Prime Minister: Australia is very confident that it can fulfill its contract with Malaysia.

Britain and the European Union plan to soon begin talks aimed at including Britain in the bloc's new multi-billion-euro fund for technology companies as part of efforts to reshape relations and boost the British economy.

Officials in the southern Ukrainian city of Odessa said overnight Russian missile and drone strikes killed six people.

The European Union and Nato are at odds over how to manage an extra $1 trillion a year in rearmament plans, with officials calling it a "turf war."

Reuters poll: 62% of economists said the conflict in the Middle East will increase Japan's core inflation rate by 0.2 to 0.4 percentage points in the next 12 months.

Reuters survey: 72% of economists believe that the risk of stagflation in Japan is "low" or "extremely low."

Reuters survey: The median forecast shows that the Bank of Japan will raise interest rates to 1.25% in the fourth quarter of 2026, while the March survey expected it to be in the first quarter of 2027.

UK lenders are cutting mortgage rates after a month of turmoil.

The UK Ministry of Defense will bear the £200m cost of the Ukraine mission.

Spain's Repsol regains control of Venezuela's oil business.

Prime Minister of Malaysia: Malaysia and Australia have reached an agreement to deepen agricultural cooperation, including sharing expertise in production and irrigation.

European Banking Authority (EBA) President: Banks are in "good" shape and can absorb the current shock.

European Banking Authority (EBA) president: Private credit "is not a systemic problem for European banks".

European Banking Authority (EBA) President: Assessing banks’ cybersecurity risks is a priority.

U.S. Central Command: Continue to monitor and patrol relevant regional waters and implement blockades on ships entering or leaving Iranian ports.