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Predictive Discovery (ASX:PDI) and Robex Resources (ASX:RXR) announced that their proposed merger is moving to final implementation.

Cogstate (ASX:CGS) has released a business update for the third quarter ended March 31.

MYOB and Microsoft (NASDAQ:MSFT) launch a five-year AI partnership to bring agentic automation and "Powered by Microsoft" tools to SMEs across ANZ.

The Albanese government proposes excluding over 500,000 SMSFs from fraud compensation unless they pay into the scheme.

Coinbase expands in Australia after securing an AFSL from ASIC, launching crypto and equity perpetuals.

PIMCO's Multi-Asset Credit Strategist Lotfi Karoui said concerns building in direct building are a little related to rapid growth. The ongoing exodus from nontraded vehicles, which make up 60% of the sector's assets, and elevated leverage in their publicly-traded counterparts are key drivers of the credit grader's revision, according to a report Tuesday. The "disruptive force" presented by artificial intelligence is expected to compound the group's worries and put it "on defense" in the coming year, Moody's analysts wrote.  An abrupt reversal in the first quarter spurred the first ever net outflow for the sector, Moody's said. Before artificial intelligence advances set off alarm bells over the durability of software securities, the vehicles had experienced robust net inflows as recently as the third quarter of 2025.

PM Albanese fast-tracks Singapore summit to secure Australia's fuel supply amid a global energy crisis and rising diesel shortages.

S&P Global Ratings warns Australian states that "cost-of-living" spending sprees could trigger credit rating downgrades and fuel inflation.

Michael Gross, Co-Founder of SLR Capital Partners said pressure on business development companies are part of private credit's "growing pains." JPMorgan Chase & Co. is restricting some lending to private credit funds after marking down the value loans in their portfolios. At the same time, BDCs which lend directly to middle-market companies are seeing elevated redemption requests amid fear of loss related to oversized exposure to software firms disrupted by AI.  Besides equity from limited partners and public investors, private credit funds rely on banks for funds. They also raise debt in the investment-grade bond market.

Marathon Asset Management Chair and CEO Bruce Richards explains why he sees a correction in direct lending. Speaking on "Bloomberg The Close," Richards says software has the biggest problems in direct lending, expecting the default rate to go to 15% in that sector.

DoubleLine Capital Deputy CIO Jeffrey Sherman discusses the massive economic ramifications that could come from oil disruption, and how the oil market is 'doing the hiking for the Fed.' He talks with Romaine Bostick and Katie Greifeld on "The Close."

Rick Rieder, BlackRock's global fixed income CIO, discusses the state of financial markets, the economy and how he is investing amid the current global geopolitical uncertainty on "Bloomberg The Close."