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Crypto giant to pay $6.6 billion in fines

Binance, the world’s biggest cryptocurrency exchange, is expected to pay fines totalling $US4.3 billion ($6.6 billion) and its chief is planning to step down, a US media report said on Tuesday.In a deal with US authorities that could allow…

ASX climbs despite grim rates warning

The Australian share market rose on Tuesday as traders shrugged off the release of new Reserve Bank board minutes which showed it was prepared to hike interest rates again. The S&P/ASX200 added 0.3 per cent, or 19.8 points, to close at…

ASX edges higher but tech drops

The Australian share market edged higher on Thursday as heavy losses in tech and energy stocks were offset by gains in health stocks.The S & P/ASX200 edged up by 0.3 per cent to close at 7,014.9 points. The All Ords also climbed 0.2 per…

Clock ticking for Albo on key issue

Anthony Albanese has declined to put a timeline on when he’ll present a new short-term emissions target to Pacific leaders. The Prime Minister joined regional powerbrokers at the Pacific Islands Forum’s annual leaders retreat on the…

The case against a Melbourne Cup rate rise

It’s the Melbourne Cup rate rise that the big banks are betting on, but one leading economist has broken ranks to urge the Reserve Bank to hold fire.Interest rates are set to rise on Melbourne Cup Day according to most experts, with…

ScoMo’s big call on Israel-Hamas conflict

Scott Morrison has dismissed the call for a ceasefire in the Israel-Hamas conflict as he toured a Kibbutz decimated by the October 7 attack. The former prime minister said a ceasefire would only “advantage Hamas to be able to strengthen…