Macquarie has a horror outlook for commodities
After what can only be described as a horrific year for metals and bulk commodity prices, market attention is now quickly turning to what the new year will bring.Some believe that the worst is now over...
View ArticleHere's what global tech giants paid in Australian tax in 2014
In a data dump that is sure to ignite interest the world over, the Australian Taxation Office has released a trove of data that shows the income, taxable income, and tax paid by more than 1500...
View ArticleThe Fed's plan has a big problem — no central bank has been able to pull this...
The Federal Reserve finally backed up its recent rhetoric by delivering the first interest-rate increase the US has seen since June 2006.The decision to tighten monetary policy at a time of...
View ArticleApple is teaming up with China's biggest credit card issuer, UnionPay
Apple is teaming up with China UnionPay to bring its payment platform to China next year, “as soon as” it has been cleared by Chinese regulators.China UnionPay operates China’s national inter-bank...
View ArticleStocks in Tokyo are under pressure after the Bank of Japan surprised markets...
BoJ Governor Kuroda has surprised markets in Asia today with the announcement of the expansion of the bank’s quantitative easing program to include exchange traded funds. The bank said it will continue...
View ArticleDEUTSCHE BANK: Here's why the US dollar will continue to rally
The bull market in the US dollar — something that began in the June quarter of 2011 — is likely to last for an additional two years and see the currency gain by a further 10% in trade-weighted...
View ArticleThere was a massive 180 percent increase in this one type of internet attack...
This year saw some notorious hacks, with attacks taken out on Ashley Madison, several automobile systems, and the US government.But one type of internet attack had a particular good year – Distributed...
View ArticleDonald Trump couldn't resist gloating over the epic Miss Universe fail
The annual Miss Universe competition ended in the US on Sunday night in an epic fashion — and not in a good way.The event was going swimmingly until it came to announcing the winner of the pageant....
View ArticleGlobal steel production just took another hit
Global crude steel production continued to slump in November, fitting with recent price declines seen in steel, iron ore and coking coal prices.According to the World Steel Association, a body that...
View ArticleThe US government just leaked part of an important economic report a half-day...
US consumer spending increased at the fastest pace in three months in November, adding to evidence that the US economy is continued to strengthen heading into 2016.Spending increased by 0.3% to $12.43...
View ArticlePEAK PESSIMISM: Everyone seems to think crude is going lower
It has been a terrible year for crude oil. Despite a tentative bounce overnight, Brent crude has fallen by more than 36% so far in 2015, leaving the global benchmark price down more than 68% from...
View ArticleWhy business faces a reckoning on data privacy
It’s been a big month for Big Data and as a result next year promises to be an even bigger one for privacy.After years of negotiations, European Union officials this month unveiled the Data Protection...
View ArticleChina is taking aim at high-frequency traders
Once the realm of individual investors, financial markets are becoming increasingly automated. Computers are replacing humans. Mathematicians and programmers, once limited to fields such as science and...
View ArticleMimicking stock market manipulators is a popular investment strategy in China
You will only truly understand the wild gyrations in China’s stock market by studying the tactics of those who successfully manipulate it.That’s the amazing sales pitch of Liu Xiaozhen, CEO at Qingdao...
View ArticleRupert Murdoch and Jerry Hall are engaged
Rupert Murdoch, 84, and Jerry Hall, 59, have announced their engagement.The engagement was announced the news on the Births, Marriages and Deaths page of The Times, owned by Murdoch’s News...
View ArticleRBS: 'Sell everything'
Emotions play an important role in the market.Experienced traders, analysts, economists, and strategists do their best to denude themselves of their emotions when they are making trading decisions or...
View ArticleChina was quiet today
By recent standards was a quiet session for Chinese markets on Tuesday, although, amidst the relative calm, there were some crazy movements yet again in the Chinese renminbi.Helping to boost sentiment...
View ArticleCHART: The overnight bank rate for China's offshore currency just exploded
Borrowing costs for Chinese yuan traded offshore leapt to record levels on Tuesday as suspected intervention from the PBOC to support the currency drained liquidity from the financial system.The...
View ArticleBarclays cuts BHP price target almost in half to just $10.50
BHP Billiton’s share price closed Sydney trade today at $15.01. That’s the lowest close since 2004 as the company grapples with collapsing commodity prices and general questions about the maintenance...
View ArticleMembers of ISIS are creating LinkedIn profiles describing their everyday jobs...
A New Zealander Islamic State recruit, based in Syria, has created a profile on the professional networking site LinkedIn detailing his experience as an “Education Management Professional.”Muhammad...
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