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The Shanghai Composite recorded its 5th-largest percentage gain in the past...
The index closed yesterday up 4.71% amidst rampant buying throughout the session.Here’s a chart showing the four larger-percentage increases recorded in the past six years.Who knows what will arrive...
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Australia GDP soars, but growth remains patchy
Australia’s March quarter GDP report has just been released, and it’s come in well above expectations.Over the quarter the economy grew by 0.9%, leaving the annual rate of growth at 2.3%. Analysts had...
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China's services sector just expanded at the fastest pace since September 2014
While China’s manufacturing industry remains stuck in neutral, there are some encouraging signs emerging from the nation’s services sector, where activity is expanding briskly.The latest HSBC-Markit...
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SocGen: 4 reasons to remain bullish on Japanese equities
While the Nikkei may be trading at levels last seen 15 years ago, SocGen’s cross asset research team believe the current bull market – which has seen the index increase by over 135% since November 2012...
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The OECD just gave the global economy a B-Minus for growth, says business can...
It’s hard to fathom why the OECD has just given the global economy a B-minus grade in its latest forecast for the global economy.That’s because the OECD is forecasting a return to long-run average...
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Australia just posted a horrible trade deficit, the worst since the GFC
Australia’s April trade data is about as bad as it gets when you are looking for an economic transition. With imports up 4% and exports down 6% the seasonally adjusted deficit of $3,888 million is the...
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The Aussie dollar got smoked on weak data
The Aussie dollar was flying high this week on multiple positive stimuli. But that rally came to an abrupt halt at 11.30am today with the release of disappointing retail sales figures from April and...
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China's Shanghai Composite just broke the 5000 barrier
Having balked at the level last week, China’s Shanghai Composite has opened above the 5,000 point level this morning.The index is now on track to close at its highest level since January 18, 2008.Over...
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The guy whose boat beat the US in the America's Cup for the first time has died
Alan Bond has died in Perth. He was 77.In a statement his family said “his body finally gave out after heroic efforts” from medical staff at Fiona Stanley hospital, where he was in an induced coma...
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China is making big moves to make it easier to invest in start-ups
China’s government is ramping up its efforts to boost funding for start-up firms.According to Reuters Chinese premier Li Keqiang, addressing China’s state council on Thursday, announced measures to...
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A photographer chased a storm for a week to capture this beautiful picture of...
Storm chaser and photographer Kelly DeLay battled “massive hailstones” in the US to get close enough for the snap of a lifetime.It was worth it.“Two tornadoes under a massive supercell in Simla, CO!”...
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8 tips for delivering the perfect speech
What is the difference between a well-received political speech, a thoughtful sermon and a lucid seminar presentation?According to Adrian Furnham, professor of psychology at the University College...
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Russia's futuristic combat android will run like a human within months
Russian media are reporting their country’s advanced military projects arm has built a combat android controlled by a remote human user.Andrey Grigoryev, director-general of the Advanced Research...
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Goldman Sachs says the iron ore rally is 'living on borrowed time'
It’s not unusual to see bearish iron ore forecasts right now. Increasing seaborne supply, along with slowing demand from China, has led numerous analysts to suggest the recent recovery in the iron ore...
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Investors are paying insane premiums to buy Chinese-listed stocks
Would you be willing to pay a 42% premium to buy the same listed company in one country compared to another?While in a normal world the the answer would almost certainly be no, that’s exactly what...
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China just slashed its 2015 GDP growth forecast
China’s central bank, the PBOC, has just announced a swathe of downgrades to its 2015 economic forecasts, including GDP growth.The bank now expects the Chinese economy to grow 7.0% in 2015, down from...
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The Bank of Korea just slashed interest rates to an all-time low
Only hours after the Reserve Bank of New Zealand cut interest rates unexpectedly the Bank of Korea has followed suit, slashing its key policy rate by 0.25% to 1.5%.The decision, seen as a line-ball...
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Australian employment soars in May
Australia’s employment report for May has just been released, and it smashed expectations.According to the ABS the economy generated a whopping 42,038 jobs during the month, well above expectations for...
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This tiny Australian home sandwiched between skyscrapers could go for $3.5...
Anyone who has seen Pixar’s incredible 2009 animated movie “Up” will realise this tiny house in Sydney is the real life equivalent — just without all the balloons.Sandwiched between two mammoth...
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China has a bunch of data out that's not all bad for once
Chinese industrial production, retail sales and fixed asset investment figures for May have just been released, and they’ve come in mixed.Industrial production increased 6.1%, up from 5.9% in April,...
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