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Global steel production continues to fall
While the world keeps on producing abundant ingredients to build it, global steel production continues to slide.Overnight the World Steel Association released its June crude steel production report...
View ArticlePHOTO: These deformed daisies from Fukushima are blowing up the internet
A small patch of deformed daisies near the 2011 Fukushima disaster site have attracted global intrigue, after Japanese Twitter user @san_kaido posted a photo of the plant mutation in...
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CHART OF THE DAY: Why Australians go bonkers over the iron ore price
From the book of a picture speaking a thousand words comes this telling chart on Australia’s most valuable export item – iron ore.It shows the value of monthly Australian iron ore exports, without...
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Beijing has Chinese stocks cranking once again
It now looks safe to say that Beijing's efforts to underpin the nation's stock market — including the arrest of "malicious" short-sellers and blanket ban on selling for some market participants — are...
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CHINA FLASH PMI TANKS
While there have been some mildly-positive signs for China’s economy in recent weeks, that has come to a shuddering halt today.The Caixin-Markit China flash manufacturing PMI report, a gauge on...
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Gold is getting crushed again
Just after midday Sydney time on Friday, the price of gold had fallen by a further $15.40, or 1.41%, to $1,078.70.It's now trading at the lowest level seen since February 2010.The US dollar index,...
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Foreign investors sold another $2.9 billion of Chinese stocks last week
Even though authorities stopped the market’s haemorrhaging and Shanghai has rallied back above 4,100, foreign investors have continued to sell Chinese stocks over the past week.That’s what the latest...
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The growth of China's mobile use is mind-blowing
There are some worrying signals on the trajectory of China’s economy.The country has just seen a spectacular stock market collapse that was exacerbated by huge amounts of margin lending to retail...
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The app that tracks Prince William's helicopter is 'intelligence gold' for...
Prince William began his new job as an air ambulance pilot less than two weeks ago and already there are concerns about some major security risks.Britain’s The Mail on Sunday reported terrorists could...
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Authorities are hunting down the hunter accused of paying £35,000 to kill one...
A hunter allegedly shot one of Africa's best-known lions with a bow and arrow, then tracked it for two days while it was bleeding to death before finishing it off with a gun.Now the hunter, who paid...
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Chinese stocks are getting hosed again
After yesterday’s enormous plunge of 8.5%, Chinese stocks have endured another wild session on Tuesday.Stocks finished modestly lower, having gyrated wildly from one direction to another throughout.The...
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China is desperately trying to stop the market crash with oral intervention
In the wake of Monday’s massive stock market rout, Beijing has reverted to old ways in an attempt to support frayed investor sentiment – verbal intervention.Speaking through state-run newspaper Xinhua...
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China's making it easier for foreign investors to buy its debt
Central banks, financial institutions and sovereign-wealth funds looking to invest in China’s massive and expanding bond market have just been given some good news – the PBOC welcomes your...
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Billionaire investor Kerr Neilson thinks China is growing at just 4%
China’s official GDP figures for Q2 recently showed growth hit the official target of 7% perfectly. That’s a remarkable performance in light of the various partial indicators and many unofficial...
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Why China is desperate to prop up the stock market
The massive bull market in Chinese stocks that propelled the benchmark Shanghai Composite to a gain of more than 150% in a little over six months before ending spectacularly in early June created a...
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The Chinese stock market had a huge day
For the first time in four sessions Chinese stocks have finished higher, and by some margin too.The benchmark Shanghai Composite index, having been down modestly earlier in the day, rallied hard in the...
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Malaysian minister: It's 'almost certain' the plane debris found on Reunion...
Malaysia's deputy transport minister says it is "almost certain" that the wreckage found on Reunion Island in the Indian Ocean this week is from a Boeing 777 aircraft — the same type of aircraft as...
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Chinese stocks were having an OK day ... until the end of the day
The comparative calm seen on China's stock market earlier on Thursday came to an abrupt end in the afternoon, with stocks tumbling into the close.Having meandered around the flatline for most of the...
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An incredible oceanographic model predicted a year ago that MH370 would end...
A detailed oceanographic map has surfaced that predicted 12 months ago that any debris from the missing Malaysia Airlines flight MH370 could wash up where a large piece of aircraft wing has been...
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An anti-whaling group's horrifying new ad shows an actor being violently...
Sea Shepherd is a controversial and confrontational marine wildlife preservation group best known for shadowing the Japanese whaling fleet down in the Antarctic, resulting in the occasional collision....
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