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business reporter Sue Lannin, wires

EXPLAINED: Us stocks gain as wholesale inflation eases australian dollar jumps above 67 us cents - The Real Truth

United States Inflation Australian Dollar

The corporate regulator has suspended the financial services licence of the Australian arm of collapsed cryptocurrency exchange FTX, and the Australian market ended lower on concerns about an escalation of the war in Ukraine after two people were killed in an explosion in eastern Poland.

FTX Australia and FX Express called in KordaMentha as administrators on Friday after parent FTX went into bankruptcy protection in the US, causing chaos in crypto markets.

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