Australia Breaking News

Oil and natural gas prices have soared after the US Navy seized an Iranian-flagged cargo ship during a chaotic weekend that saw Tehran firing at vessels and reimposing controls in the Strait of Hormuz. Bloomberg's Laura Davison and Stephen Stapczynski report on the latest.

DXN (ASX:DXN) has secured a landmark $5.3 million contract with a prominent global internet company.

The Australian Securities Exchange (ASX:ASX) launched the first phase of its long-awaited CHESS replacement on April 20.

Fletcher Building (ASX:FBU) received final regulatory approvals for the sale of its construction division to VINCI Construction.

4DMedical (ASX:4DX) announced a new strategic contract with pharmaceutical giant GlaxoSmithKline.

Monash IVF Group (ASX:MVF) has rejected a revised, unsolicited takeover bid from a consortium led by Genesis Capital and Washington H. Soul Pattinson (ASX:SOL).

SSH Group (ASX:SSH) reported rolling 12-month customer cash receipts of $48.4 million for the period to March 31.

Pinnacle Investment Management (ASX:PNI) won approval from both regulators for its acquisition of Pacific Asset Management.

Kerry Craig of JPMorgan Asset Management says the markets are "moving in circles to a certain degree" but investors are seeing developments in the Middle East as "pointing towards an off-ramp in the conflict." He tells Bloomberg Television that the focus is increasingly shifting to micro fundamentals given the start of earnings season in the US.

Viva Energy (ASX:VEA) reported a 5.1% increase in total group sales volumes in Q1, reaching 4,302 ML.

Australian logistics giant Qube Holdings (ASX:QUB) has flagged a potential $20 million dent in its earnings for the 2026 financial year.

Worley (ASX:WOR) revealed that the ongoing conflict in the Middle East is expected to weigh heavily on its financial performance for the 2026 financial year.