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According to the British Financial Times: Negotiations between Merck and Terns have entered an advanced stage and an agreement may be reached in the next few days.
According to the Financial Times: Merck’s all-cash deal is expected to value Terns at about $6 billion.
According to the Financial Times: Merck is close to a $6 billion biotech deal to strengthen its cancer drug pipeline.
Australia's seasonally adjusted monthly CPI rate in February was 0.2%, compared with the previous value of 0.5%.
Australia's seasonally adjusted CPI annual rate in February was 3.7%, compared with the previous value of 3.8%.
Australia’s unseasonally adjusted CPI annual rate in February was 3.7%, expected to be 3.8%, and the previous value was 3.80%.
Australia's unseasonally adjusted CPI monthly rate in February was 0%, expected to be 0%, and the previous value was 0.4%.
Philippine Ambassador to the United States: (Asked if Venezuelan and Iranian oil have been discussed) All options are being considered. Manila is working with the U.S. State Department to seek exemptions or exceptions to buy oil from countries subject to U.S. sanctions.
Meta Platforms' (META.O) new smart glasses have failed to enter the EU market due to battery regulations and supply shortages.
European stock index futures rose, with Stoxx 50 index futures and German DAX index futures both rising by more than 1%.
SK Hynix's share price rose 3%. The company has secretly submitted an ADR listing application to the U.S. Securities and Exchange Commission (SEC).
Minutes of the January meeting of the Bank of Japan: Many members believe that it is difficult to judge the neutral interest rate level in advance.
Minutes of the Bank of Japan's January meeting: Members agreed that given that real interest rates were significantly low, it would be appropriate for the Bank of Japan to continue raising interest rates if its outlook for economic activity and prices is realized. Regarding the pace of policy adjustments, most members believe that decisions should be made at each meeting based on the situation.
Minutes of the January meeting of the Bank of Japan: A member said that if the pace of raising policy interest rates is not too rapid, the central bank does not need to be overly concerned about its impact on corporate operating performance.
Minutes of the January meeting of the Bank of Japan: A member said that although the downward pressure on consumption caused by rising interest rates is worthy of vigilance, its impact on the entire financial system is likely to be limited.
US President Trump: Supports Hungarian Prime Minister Orban’s re-election.
Australia's S&P/ASX200 index opened up 108.30 points, or 1.29%, on Wednesday, March 25, to 8487.70 points.
Government of Canada: Lebanon's sovereignty and territorial integrity are inviolable; Hezbollah's attacks on Israel must stop and must be disarmed.
The Canadian government said it strongly condemns Israel's plan to occupy southern Lebanese territory.
Statoil CEO: It is expected that the New York Empire Wind Power Project will achieve its first power generation before the end of the year and be completed next year.