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Wild volatility returned to Chinese stocks today
Having fallen 17.6% in six sessions only to bounce 10.7% over the past three days, the volatility in Chinese stocks is back today.The benchmark Shanghai Composite, having been up 0.62% earlier in the...
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Global shipping prices are on a tear
Earlier this year, the world was wondering if some major economies were on the verge of tipping into sustained deflation, which can be a a damaging self-perpetuating cycle in which people stop spending...
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Japan just blew past forecasts for unemployment and household spending
Keeping with the inflation report for May which beat forecasts, Japanese unemployment and household spending data for May has also topped expectations.Having fallen to a multi-decade low in April, the...
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Here's what it's like to sell the world's rarest and most expensive pink...
Imagine after a year of toil, all your work fitted into the palm of your hand.That’s the reality for Argyle diamond mine boss Josephine Johnson.Johnson is in charge of all the pink diamonds dug out of...
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Entrepreneurs can sail the world in a co-working space on a catamaran
It seems entrepreneurs will go to the end of the world to ensure their idea is disruptive, different, and catchy.And with a bunch of co-working spaces opening up all around the globe, differentiating...
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Asian markets are getting smashed
Asian markets, as indicated by stock futures earlier this morning, have resumed trade on Monday, deep in the red.The Nikkei 225 in Tokyo is currently off 2.28%, weighed down by a stronger yen, while...
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Puerto Rico is on the verge of default
While all the focus is on Greece there is another government that looks like defaulting on its debts: Puerto Rico’s.Speaking Sunday evening the island’s governor, Alejandro García Padilla, has...
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Asia closes off a wild day's trade as stocks fall everywhere
What a day.It’s been a remarkable start to the week for Asian markets. Stocks across the region tumbled. In China they fell, then subsequently rallied, only to fall again. Safe haven bonds and...
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This collection of 500 Star Wars figurines could be worth £50,000
More than 500 Star Wars collectibles, in fact, which will be auctioned by Duke’s Auctions in Dorchester, UK, on Thursday, July 2.The sole collector hopes to net about £50,000 ($102,000) from the sale,...
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Meet the best-selling author who lied about having a brain tumour to sell...
Belle Gibson became an online sensation and bestselling author with her recipe book and app, “The Whole Pantry”.But her claims to be a cancer sufferer who beat the disease through alternative therapies...
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These are the songs successful executives listen to when they want to be more...
It’s Monday. Your brain is still is weekend mode, but you’ve got a to-do list a mile long.Finding the focus and motivation to kick into gear can be hard, but sometimes all it takes is listening to the...
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Chinese stocks are tumbling again
The selling is on again in China.The Shanghai Composite plunged 5% in early trade, following the pattern of daily losses over the past week. It has recovered slightly in what is becoming familiar...
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China is allowing its massive pension fund to buy stocks to support the shaky...
Chinese policymakers, fresh from watching the nation’s stock market slump more than 20% in the past two weeks, are calling in the cavalry to support the market.According to a report from Bloomberg...
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2% of Facebook's huge global userbase have used the #CelebratePride rainbow...
Facebook is looking a lot more colourful after the social media network released its #celebratepride app, in support for the LGBTQ community.The app, which puts a rainbow filter over a user’s photo,...
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AC/DC is joining the world of streaming in time for Apple Music
One of the biggest holdouts in rock may have been broken, with AC/DC reported to finally be handing over its music to Spotify, Rdio and Apple Music.The New York Times reports an “anonymous insider”...
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Chinese manufacturing PMI misses expectations in June
China’s manufacturing PMI report for June has just been released, and it’s missed expectations.At 50.2, the reading was below expectations for an increase to 50.3. It was unchanged from May.Elsewhere...
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More than 100 feared dead after military jet crashes in Indonesia
A Indonesian military aircraft carrying 113 passengers on board has crashed into a hotel in a residential area in the Indonesian city of Medan. Authorities fear there were no survivors.Guests staying...
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Today's disastrous Indonesian plane crash is the second one on the same...
More than 100 people are feared dead after an Indonesian military jet crashed in into a hotel in a residential area in the Sumatran city of Medan.It’s the second time a plane has crashed in the area in...
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Sales of those online 'daily deals' are collapsing in Australia
Australian online retail sales fell unexpectedly in May, and the big driver was a collapse in daily deals, the special offers that were once all the rage for businesses trying to reach new customers...
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Chinese policymakers are looking for ways to support the nation's volatile...
Having recorded the four largest intraday trading ranges in history and seen an overall loss of more than 10%, Chinese policymakers have taken additional steps to support China’s volatile stock market...
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