Australia Breaking News

Ifo President Clemens Fuest says Germany could be "at the beginning of a stagflationary shock" after the institute's expectations index dropped to 83.3 in April from a revised 85.9 the previous month the lowest level since August 2023. He speaks on Bloomberg Television.

President Donald Trump said he is considering having the US purchase Spirit Aviation Holdings Inc., saying it could be a potentially good investment for the federal government. "We'd be getting it virtually debt free. They have some good aircraft and good assets," the president told reporters Thursday. Bloomberg's Benedikt Kammel reports.

Wei Li, chief global investment strategist at BlackRock, discusses the outlook for artificial intelligence stocks, capital expenditure and earnings. "We're specifically overweight semis and hardware," Li tells Bloomberg Television.

Obe Ejikeme, global equities fund manager at Carmignac, discusses cyclicals and the sentiment-driven rally of the past few months. "If you get this big disconnect between what the market is doing, or what the underlying potential macro risks are, then I think the chance of seeing an equity market unwind, or at least a reversal of some of these riskier trades, is quite high," he tells Bloomberg Television.

Anna Edwards, Guy Johnson, Tom Mackenzie and Paul Dobson break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."

Ukrainian accession is at the forefront of the agenda at April's informal leaders summit in Nicosia, Cyprus, where EU leaders are talking about how Kyiv can accede to the bloc. Estonian Prime Minister Kristen Michal speaks to BTV's Oliver Crook in Larnaca, Cyprus.

SAP reported stronger-than-expected first-quarter revenue growth in its cloud division, beating analyst estimates. The results come as Europe's largest software company ramps up the integration of artificial intelligence agents across its platform. SAP CFO Dominik Asam joined Bloomberg's Opening Trade.

India's state election in West Bengal has emerged as a critical political test for Modi's BJP as well as opposition parties. The outcome matters especially as the BJP seeks to expand beyond its northern strongholds, while regional parties face a high stakes fight for political survival. Political analyst and commentator Arati Jerath joined Haslinda Amin and Menaka Doshi on Insight with Haslinda Amin to assess what is at stake and how the vote could shape India's political landscape.

Philippine Senator Win Gatchalian discusses his push to enact social media policies similar to those in Australia, in an effort to protect minors from excessive use and mental health harm. He speaks with Shery Ahn on "Bloomberg Tech: Asia."

Ravi Iyer, Managing Director at USC Marshall School Neely Center, discusses the sociological impact of social media addiction on young people. He says millions of kids in the US are already seeing negative impact to their health, and existing safeguards are not enough. He speaks with Shery Ahn on "Bloomberg Tech: Asia."

Bloomberg's Stephen Stapczynski and Stuart Livingstone-Wallace share the latest as the US-Iran truce approaches two weeks. They warring sides are in a standoff over how to proceed to talks to end the conflict, which has killed thousands of people, wreaked havoc across the Middle East and sent energy prices soaring.

Adam Levinson of Graticule Asset Management Asia discussed on Insight with Haslinda Amin about possible outcomes for Iran and the outlook for AI, and how it's time to buy the dip to catch what's "unequivocally the greatest hardware cycle of all time."