The Australian sharemarket opened sharply lower as renewed hostilities in the Middle East rattled investors, before recovering most of its losses by the close. Energy stocks surged on a jump in oil prices, while Telstra slid after a network outage sent its shares to their lowest level since February. SBS Finance Editor Ricardo Gonçalves speaks…
Cryptocurrency has spent 15 years asking if regulators could catch up. Markets in Crypto-Assets Regulation (MiCA), the landmark digital asset regulatory framework that goes into full effect across the European Union’s 27 member nations Wednesday (July 1), asks a different question. Can crypto companies operate inside the financial system? MiCA policy architecture does more than…
In a surprising turn of events, former President Donald Trump announced a pause on tariffs imposed on Mexican and Canadian goods. This decision aims to facilitate trade relations and stimulate economic recovery amid ongoing negotiations over trade agreements.