Leaders in Germany, France, Spain and the European Union slam the move as "intimidation and coercion".
Ukraine peace deal could be presented to Russia within days: Zelenskyy
Marathon talks between the US and Ukraine led to "not perfect" but "very workable" framework that could bring to an end Russia's near four-year-old invasion, the Ukrainian president says.
ASX wilts as sentiment turns against miners and banks — as it happened
The ASX slipped into the red after a positive start to the session, dragged down by energy stocks, miners and the banks
Ukraine says 'real progress' made in marathon peace talks
Marathon talks between the US and Ukraine could see NATO-like security guarantees extended to Kyiv under a peace deal.
Australian market falls, ASX Limited shares slide on ASIC hit — as it happened
Shares in stock exchange operator ASX fell as the regulator increases its capital requirements after damning inquiry findings. The local share market started the week in the red, weighed down by heavy selling in the miners.
The EU wants to use frozen Russian assets to fund Ukraine. What are the risks?
Its proposed "reparations loan" for Ukraine would see frozen Russian assets used to prop up Kyiv's ailing economy.
Former ANZ boss sues bank over $13.5 million in lost bonuses — as it happened
Former ANZ chief executive Shayne Elliott is suing the bank for stripping him of $13.5 million in bonuses. Local stocks rallied on Friday after the Dow hit new records in a mixed session for Wall Street overnight.
Why is Elon Musk in a war of words with the European Union?
The latest target of Elon Musk's ire is the European Union, which he has called a "bureaucratic monster" that "should be abolished". So, what's going on?
Topic:Explainer
Trump criticises 'decaying' Europe and says 'size will win' in Ukraine
The US president hints he could walk away from supporting Ukraine and suggests the nation could cede territory to Moscow because "Russia has the upper hand".
Ukraine to send US revised peace plan as Zelenskyy rules out ceding territory
Donald Trump's initial proposal to end the war was judged by Ukraine's allies to be overly favourable to Russia.
China targets Europe, Australia, SE Asia as trade surplus hit $US1 trillion
China's record trade surplus comes as manufacturers seeking to avoid US President Donald Trump's tariffs ship more to Europe, Australia and South-East Asia.
RBA governor puts rate hike on the table, says no more cuts on the horizon — as it happened
The RBA has left the cash rate on hold at 3.6 per cent, as was widely expected by economists. Governor Michele Bullock said the central bank didn't discuss a rate cut at all and instead talked about the need for rate hikes down the track. Here's how the day unfolded on the blog.
ASX slips ahead of RBA rates decision tomorrow — as it happened
The ASX has failed to follow Wall Street's positive lead, slipping 0.1 per cent ahead of tomorrow's RBA rates decision.
The EU has voted in favour of a teen social media ban, but not like Australia's
The European Union says it will learn from Australia's new laws to bar under-16s from social media, with steps to implement the world-first ban already underway and European Commission President Ursula von der Leyen praising Australia's "brave move".
Topic:Explainer
Trump's new security strategy warns Europe faces 'civilisational erasure'
The Trump administration releases a document saying its goal is to "help Europe correct its current trajectory", adding that it faces "civilisational erasure" due in part to "mass migration".
Europe faces obstacles in preparing for Russian aggression
When it comes to weaponry, Russia has strength in manpower despite Ukraine's early technological edge while Europe's arms production efforts are running into infrastructure hurdles.
EU hits Musk's X with $210 million fine for breaching bloc's social media law
European Union regulators say the breaches of the bloc's digital regulations could leave users exposed to scams and manipulation.
Economist flags risk of several RBA rate hikes in 2026 — as it happened
A leading economist says the "risk" of an "imminent" RBA interest rate hike is "rising", while former treasurer Peter Costello is urging Australia to arrest its fertility downturn.
EU proposes using frozen Russian assets to fund Ukraine
Belgium is pushing back on a European proposal to use frozen Russian assets to help financially support Ukraine.
EU's former diplomat charged in 'fraud and corruption' probe
European prosecutors are investigating suspicions of fraud related to an EU-funded training scheme for junior diplomats.
ASX edges higher, government releases its National AI Plan - as it happened
The ASX edged higher, while the federal government released its National AI Plan. Catch up on the day's events and insights from our business reporters on the ABC News live markets blog.