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50 Cent responded to talk of his bankruptcy with this hilarious Instagram photo
Hip-hop superstar Curtis "50 Cent" Jackson filed for bankruptcy on Monday, shortly after he lost a $5 million lawsuit.This comes as a bit of a surprise, since The New York Times just described him as a...
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The CEO of this failed startup says giving himself a $50,000 pay rise is the...
Paul Pearson learned a lot when he watched the sinking of startup darling Alphatise from the helm.Many of those lessons are around good corporate governance. For example, he was forced to repay part of...
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Rural Chinese people are literally betting the farm on the nation's stock...
Chinese farmers are deserting their favourite pastime, playing mahjong and gossiping, in favour of another game where everyone can win – China’s stock market.In an eye-opening article in China’s Sina...
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China's middle class expects to be vastly rich in retirement, and it might...
China’s growing middle class has staggeringly high expectations when it comes to how much money they will need for retirement.A recent report from insurer AIA says mainland Chinese residents believe,...
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China's economy is stronger than everyone thought
Chinese June quarter GDP is out, and it’s beaten expectations.The economy grew at an annual pace of 7.0% in the three months to June, beating the median market forecast for growth of 6.9%.Despite the...
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Chinese stocks are tanking after a raft of strong data
Chinese stock market investors, perhaps discouraged by a raft of economic data beats that will likely diminish the chance of further aggressive monetary policy easing, are heading for the exits.Market...
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Chinese stocks are collapsing again
After a brief respite last week, with the benchmark Shanghai Composite index rallying more than 13% in three days, selling of Chinese stocks returned on Wednesday.The Shanghai Composite is currently...
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Ronda Rousey delivered a verbal jab to Floyd Mayweather after winning the...
UFC star Ronda Rousey has quickly grown to become what some are calling “the most dominant athlete alive“.A 2008 Olympic judo bronze medalist, Rousey switched in 2010 to mixed martial arts (MMA)...
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China's debt is now twice the size of its gross domestic product
While China’s economy expanded at a faster-than-expected pace in the year to June there was something that accelerated even quicker – private sector debt.According to Bloomberg, outstanding loans for...
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China's 'bubbly' stock market is 'a bigger global threat' than Greece
China’s stock market has been the talk of investors, along with Greece, for the best part of 2015. The rapid rally that began midway through last year, something that saw the benchmark Shanghai...
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This top US chef says Australians 'f*** up' hamburgers 'more than anyone else...
New York chef David Chang, of Momofuku famed for his steamed pork belly bun and “crack pie”, has given Australian hamburgers an almighty serve, saying “Australia has no idea what a burger is”.The...
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After piling into Chinese stocks last week global investors dumped them madly...
The volatility in foreign investor appetite for Chinese stocks continues according to the latest report of Asia Pacific fund flows from the ANZ Bank.Citing data from EPFR Global, ANZ strategist, Khoon...
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North Korea's economy grew faster than the Eurozone last year
North Korea’s economy expanded by 1.0% to $29.85 billion (£19 billion) in 2014, according to Reuters citing analysis from South Korea’s central bank.That's just better than the 0.9% growth recorded in...
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An entrepreneur went on vacation to Necker Island and 'the only babysitter...
When you’re an entrepreneur with a young family, finding a babysitter is just one of many on a long list of things you have to do.While visiting Virgin founder Richard Branson’s Necker Island, Fluid...
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6 executives share their most embarrassing cultural faux pas while travelling...
Travelling for business is an exciting time, but with new places and people comes local customs not everyone knows about.Cultural faux pas or mistakes in business etiquette can be highly embarrassing...
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Stocks aren't the only thing moving higher in China
New home prices in China continued to ease in June, although there were vastly divergent performances across the nation.Overall new home prices fell by 4.9% in the year to June, an improvement on the...
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Gold crashed
The price of gold, courtesy of stop-loss selling and thin market conditions, endured a wild ride Monday.At 9:25 p.m. EDT, the spot price crashed 3.8%, or $43, to $1,087 an ounce in just a matter of...
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China dumped a huge amount of gold on the market and investors are spooked
Gold had a “mini flash-crash” in Asian trade on Monday, with the price falling almost 4% in a matter of seconds.Now it looks like we know why.A huge dump of bullion, equivalent to one-fifth of a whole...
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Here's another sign China's economy is slowing fast
While the National Bureau of Statistics reported that China’s economy grew by 7.0% in the year to June, beating expectations, another alternative growth indicator is not expanding anywhere near as...
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Japanese trade data was mixed — but there are some encouraging signs emerging
Japanese trade data for June has come in mixed.From a year earlier exports rose by 9.5%, an improvement on the 2.4% pace seen in May but below expectations for an increase of 10%.On the other side of...
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