The way the cost of financial misconduct has been rising globally, a $158 million fine may seem like loose change. However, the Securities & Exchange Board of India has delivered much more than a slap of the wrist with its disgorgement order against the National Stock Exchange of India Ltd. over an algorithmic trading scandal. Including five years of interest ...

There’s a familiar refrain in Australia when public discussion turns to the country’s eye-wateringly expensive housing market: Foreigners are to blame. Public figures from former Prime Minister Tony Abbott to populist entrepreneur Dick Smith to far-right Senator Fraser Anning all agree that immigration is a key reason why the country’s homes are some of the world’s priciest. At the same ...

Warren Buffett has repeatedly said he was an “idiot” for not buying stock of Amazon.com Inc. when the company was younger and its share price was lower. Now comes news that his Berkshire Hathaway Inc. plopped some shares of the e-commerce giant in its shopping cart, at a time when Amazon is shedding some but not all of the characteristics ...