Business
ASX 200 up 0.9%, Afterpay drops, CBA rises on Wednesday 3 February 2021
The S&P/ASX 200 Index (ASX: XJO) went up by 0.9% to 6,825 points today.
Here are some of the highlights from the ASX:
The Afterpay share price fell by over 1% today after the buy now, pay later (BNPL) business gave a market announcement relating to its UK business called Clearpay.
Clearpay said that it welcomed the UK’s Woolard review proposal to bring BNPL under FCA oversight with proportionate regulation.
The UK BNPL business said that it has always supported fit for purpose regulation that recognises the diversity of the industry and desire from consumers for flexible payment options that don’t trap them in long-term debt.
Damian Kassabigi EVP of public policy at Clearpay said: “We welcome today’s recommendations and…
-
Noosa News9 hours agoGiant hailstones hit parts of south-east Queensland as region braces for more severe thunderstorm activity
-
Noosa News14 hours agoSecond fatal SEQ e-bike accident in days as teen killed in Gold Coast crash
-
Noosa News17 hours agoPotential tornadoes, giant hail forecast from supercell storms in eastern Australia
-
Noosa News14 hours agoBoy killed in e-bike crash with teen rider on Sunshine Coast identified as eight-year-old Zeke Hondow