Australia Breaking News

Nicolas Bickel, chief investment officer at Edmond de Rothschild Private Bank, says higher bond yields for an elongated period could pose a risk to equities, "especially the ones that are highly indebted, even hyperscalers." Bickel speaks on Bloomberg Television.

Benz Mining (ASX:BNZ) confirmed widespread tungsten mineralisation closely associated with gold zones across the entire 12-kilometre Glenburgh mineralised corridor.

Kawasaki Kisen Kaisha entered a strategic cooperation agreement with Australian energy developer Provaris Energy (ASX:PV1) and Nordic producer Norwegian Hydrogen.

Metallium (ASX:MTM) announced that its American affiliate, Flash Metals Texas, has been awarded a US$1 million Phase II small business innovation research contract.

Atomic Eagle (ASX:AEU) signed a binding option agreement to acquire 100% of the large-scale Sitwe Uranium Project.

Alphabet's Google agreed to create an artificial intelligence cloud business with Blackstone, aiming to compete with companies like CoreWeave in a burgeoning market. The project will rely on an initial $5 billion in equity capital from Blackstone, which will become the majority owner, according to a statement Monday. Bloomberg's Neil Campling explains.

Elevated bond yields dominated the Group of Seven meeting in Paris as finance ministers discussed how oil-fueled inflation risks overshadowing world economic prospects. The talks, which were meant to dwell on global imbalances, took place against the backdrop of US President Donald Trump's extended standoff with Iran which is keeping the Strait of Hormuz shut. Bloomberg's Oliver Crook reports.

Treasurer Jim Chalmers mandates a 30-day FIRB turnaround for all low-risk foreign investments from 2027 to boost productivity.

A US missionary has tested positive for the Ebola virus after being exposed in the Democratic Republic of the Congo, the US Centers for Disease Control and Prevention said Monday. The Ebola crisis is unfolding after the Trump administration dismantled the US Agency for International Development last year and slashed foreign aid spending. Bloomberg's Jennifer Zabasajja reports.

Variscan Mines (ASX:VAR) announced that the first tranche of its recently publicised $5 million placement has settled and allotment is complete.

Matrix Composites & Engineering (ASX:MCE) has taken a step forward in its proposed acquisition by Advanced Innergy Holdings.

President Donald Trump said he called off a strike on Iran after an appeal by the leaders of Persian Gulf allies, who called for more time to pursue a diplomatic resolution.. Bloomberg's Stuart Livingstone-Wallace shares what we know.