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China Stock Market May Run Out Of Steam On Wednesday

(RTTNews) - The China stock market has finished higher in three straight sessions, advancing almost 70 points or 1.7 percent in that span. The Shanghai Composite Index now sits just above the 3,990-point plateau although the rally may stall on Wednesday.

We haven't written up this one. Nasdaq Markets has the full story — the link below goes straight to it.

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Australians sense that a property price crash is coming

Coolabah Capital’s Chris Joye published the following chart on X (Twitter) showing how dwelling values are falling at an annual rate of 12.0% across the five major capitals, led by Sydney, which is…

  • Property prices in Australia declining at 12.0% annually across major cities
  • Sydney experiencing steepest decline at 16.7% annually
  • Consumer house price expectations hit three-year low

Financial institutions oppose gov't's relocation plan

Financial institutions have strongly opposed the government's plans to relocate public institutions from Seoul to provincial areas, industry watchers said Wednesday. The Ministry of Land, Infrastructure and Transport has started collecting opinions from public institutions subject to relocation, under a policy of moving as many of them…

KRX activates sell-side sidecar for KOSPI on sharp fall

Korea's bourse operator on Wednesday activated a sell-side sidecar for the benchmark Korea Composite Stock Price Index (KOSPI) as the stock index fell sharp Program trading for the KOSPI-listed shares was suspended for five minutes at 09:06 a.m., according to the Korea Exchange (KRX).

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