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Premier Investments (ASX:PMV) has delivered a robust half-year performance, headlined by a statutory net profit after tax of $101.7 million.

AUSTRAC has summoned ten of Australia's largest banks to an urgent briefing following a spike in mortgage fraud.

Australia has established a national Fuel Supply Taskforce as Middle East conflict threatens imports from Malaysia and South Korea.

Israel said it will no longer target energy infrastructure after an attack on an Iranian gas field sparked retaliatory strikes against energy assets across the Middle East, causing oil and gas prices to surge and prompting a rebuke from President Donald Trump. "Israel acted alone," Prime Minister Benjamin Netanyahu said at a press conference on Thursday, after Israeli officials previously said they had informed the US about the attack. Netanyahu also said Israeli forces would help the US attempt to reopen the Strait of Hormuz and that the war would be over faster than people think, in comments that helped calm markets on a day that already-elevated energy prices spiked once again.

The Minns Labor Government has banned the development of all new "greenfield" coal mines under the "NSW Coal Industry 2026–50" policy.

1994 NBA All-Star and New York Knicks legend John Starks discusses collegiate sports, March Madness, how the NBA has changed since his playing career ended, and the Knicks playoff push. He talks with Romaine Bostick and Katie Greifeld on "The Close."

Matthew Diczok, head of fixed income strategy, Merrill and Bank of America Private Bank said the market doesn't expect their to be a sustained increase in energy. he world's bond markets were whipsawed by unusual volatility as investors rushed to bet on higher interest rates after key central banks signaled fresh concern the surge in oil prices will deliver an inflation shock. Three weeks into the war in Iran, the fallout unleashed a major repricing of short-term bonds during much of Thursday's trading day by dashing once widespread expectations that central banks would cut rates this year to spur growth.  The selloff was led by the UK, where the surge in yields held echoes of 2022, when former Prime Minister Liz Truss' fiscal plans sent the market into a tailspin. The two-year rate jumped as much as 40 basis points to 4.49% after the Bank of England on Thursday said it "stands ready" to act to prevent inflation from accelerating.

CIBC Private Wealth Senior Energy trader Rebecca Babin discusses the market volatility caused by the ongoing conflict in Iran, and the opportunity to limit the 'economic scarring' if the war is resolved within the next few weeks. She talks with Katie Greifeld and Romaine Bostick on "The Close."

Sheila Kahyaoglu, Managing Director in Equity Research at Jeffries says Department of Defense officials say missiles are the biggest growth area for the defense market.  The Pentagon has asked for an additional $200 billion from Congress to pay for the war against Iran, a person familiar with the matter said, as Defense Secretary Pete Hegseth argued that the campaign was ahead of schedule and disputed that the US was getting embroiled in a quagmire. The person, who asked not to be identified discussing private deliberations, said that the request has been sent to the White House for review and President Donald Trump has yet to sign off. Asked about the figure on Thursday, Hegseth didn't deny it but said the number could move.

BMO US President Aron Levine discusses continued expansion into California, market uncertainty, and a new US growth strategy. He talks with Katie Greifeld and Romaine Bostick on "The Close."

Israeli Prime Minister Benjamin Netanyahu said his country was helping the US to open the Strait of Hormuz. He also says pipelines are needed to be build across the peninsula to avoid chokepoints.

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.