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The penalty is the highest in history for breaching the Market Integrity Rule.Companies used 121,000 occasions to overcharge their clients. The Australian Securities and Exchange Commission (ASIC) informed on Wednesday that the Federal Court had fined Australian Investment Exchange Limited (AUSIEX)

The Australian dollar inched up on Monday as the RBA stayed hawkish. The central bank said stimulus launched by the Chinese government may only have a “modest” impact on Aussies this time around. Uncertainties around the US may slow global economic growth modestly in 2025, according to major brokera

Oil prices dropped slightly early on Thursday on expectations of higher global production amid forecasts for weak demand growth, while a firmer dollar also took a toll on prices. The EIA has slightly raised its expectation of US oil output to an average 13.23 million bpd from 13.22 million bpd. It a