Markets

The industry's contribution to global GDP in 2024 will increase 12.1% year-over-year to $11.1 trillion.

Blackstone has been in talks with banks for a A$5.5 billion loan to be raised at the holding company level.

Authorities are ramping up a push to reduce mortgage costs after the central bank encouraged such support last year and banks responded with a rare rate cut on outstanding mortgages of first homes.