Has Australia’s push for lower house prices gone too far?
Canberra wanted to cool one of the world’s hottest property markets
We haven't written up this one. Financial Times has the full story — the link below goes straight to it.
More in Finance & Markets
Binance has reportedly been hacked, billions in crypto stolen
Binance may have been hacked, freezing withdrawals after an apparent hacker stole over $5.7 billion in cryptocurrency.
Binance sees $5.9 billion outflow amid reports of major crypto breach
Reports indicate $5.9 billion exited Binance wallets in what may be the largest crypto hack to date, with withdrawals suspended and stablecoins frozen.
Amazon’s stock drops — even in the face of a bold new cloud forecast
Modest AWS results and weak advertising growth left Wall Street disappointed in Amazon’s third-quarter earnings
Pine Labs Q2 net profit jumps over sixfold to $4.1m
Pine Labs said revenue from Southeast Asia rose about 40% year on year.
Advance-decline ratio hits 7-month low as market breadth weakens
The advance-to-decline ratio in the stock market indicates underlying weakness, despite some index gains. The BSE MidCap 150 and BSE SmallCap 250 have both seen declines this month.
Kotak Bank shares gain 30% since April as earnings outlook brightens
Kotak Mahindra Bank shares experienced a significant rise, reaching a record high as growth prospects improved. The stock has shown a substantial increase of nearly 30% since April. Analysts anticipate stronger earnings attributed to various financial factors such as credit growth and higher lending rates.