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Newsletter The Edition

CHESS move

ASIC alleges Australia's primary exchange not only failed to keep the market informed but knowingly misled it. "The ASX is going to be an international laughing stock," said one former market official.






The biotech company, one of the largest on the ASX, saw its share price drop despite strong profit growth. Here are three reasons why.











ASIC says Australia’s public markets are among the cleanest in the developed world. But a number of recent questionable incidents including market-moving leaks call that into question.











Investors hoping this week's market turmoil might increase the chances of a near-term rate cut were left sorely disappointed on Tuesday.





The ASX 200 lost 3.7%, Japanese stocks recorded their worst session since 1987 and cryptocurrencies plunged. One strategist described it as "the correction we had to have".





Big Tech isn't letting up on AI spending despite growing impatience among investors concerned about how long it will take to pay off.








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