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David Bowie explained the ingenious story behind his androgynous alter ego,...
David Bowie died yesterday at the age of 69 after losing his 18-month battle to cancer.Bowie was also renowned for being a musical chameleon who move through a range of images through his career. One...
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One of the world's most notorious bears thinks it might be time to buy stocks
One of Wall Street’s most renowned market strategists who is a notorious bear has laid out a case for buying global stocks in the tumultuous first half of 2016.Gerard Minack, former head of developed...
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Here are 19 Australian startups that had an amazing 2015
Startups and entrepreneurs had a lot to be proud of in 2015.Last year Atlassian, the software company behind Jira and HipChat products, made headlines as the biggest success story in Australia after...
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Here's why the guy who said 'sell everything' thinks the game in China is up
After a relative period of stability at the end of last year — coinciding with the so-called Santa Rally — risk assets have been thumped over the opening eight trading sessions for global markets,...
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Chinese trade data beats in December
Chinese trade data delivered a pleasant, and largely unexpected, surprise in December.In US dollar terms, exports fell by 1.4% from a year earlier, beating expectations for a contraction of 8.0%. It...
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Borrowing costs for China's currency offshore are down from their ridiculous...
After soaring to a record on Tuesday, the cost to borrow offshore yuan overnight plummeted on Wednesday.The overnight offshore yuan interbank offered rate, or HIBOR, fixed at 8.21% in Hong Kong, just a...
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Chinese stocks crumble in late trade — Shanghai Composite closes below 3,000
It has been another ugly session for Chinese stocks.The benchmark Shanghai Composite closed Wednesday's session at 2,949.6 points, a decline of 2.4%.It was the first time the index closed below the...
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An Australian economist wants a $10,000 bet with the 'sell everything'...
Stephen Koukoulas, or The Kouk as he’s known, is one of Australia’s best known and most colourful economists.He’s also a guy who doesn’t mind a punt if the constant quoting of political betting odds on...
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Here's how borrowing costs for China's yuan exploded to 66.8% in Hong Kong
After soaring to a record on Tuesday, the cost to borrow offshore yuan overnight plummeted on Wednesday.The overnight offshore yuan interbank offered rate, or HIBOR, fixed at 66.82% in Hong Kong on...
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A police operation is underway at the Sydney Opera House
There is a police operation currently underway at the Sydney Opera House.Police have confirmed that they are conducting a “precautionary search” of the area and have cleared people from the...
View ArticleCHART: Shanghai stocks just tipped into a bear market — again
It was another typically wild session for China’s stock market on Thursday, plunging on the open before staging a miraculous – and somewhat suspicious – rally into the close.Having plunged by 2.4% on...
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HSBC: Here's why the US dollar will weaken in 2016
“The USD rallied sharply in anticipation of the first Fed hike, and we believe the hiking cycle is fully priced in. Given we also think the ECB and BoJ have reached the limits of QE, we see USD...
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GOLDMAN SACHS: Market volatility is here to stay, but the recent unrest is...
Stock market volatility is likely to increase in 2016 compared to 2015, although it’s unlikely to remain around the levels seen in recent weeks.That’s the view of Goldman Sachs’ Krag Gregory who...
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Investor optimism is evaporating in the Asian trading session
It looks like it’s going to be a lacklustre, and disappointing, end to the trading week in Asia.The end of the trading week in Asia is looking lacklustre.Pushing aside a strong rally on Wall Street...
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Chinese stocks collapse in late trade, closing at a 13-month low
It was an ugly end to an ugly Asian trading week.The benchmark Shanghai Composite index closed the session down 3.55%, more than reversing the 2% gain of Thursday.It left the index at 2,900.9, the...
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Oil crashes to new lows in Asian trade
Crude oil, after falling to a fresh 12-year low on Friday, has continued to slide in early Asian trade on Monday.At one point earlier in the session front-month Brent crude futures – the global...
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Chinese stocks recovered from an ugly open
Having fallen to the lowest level since December 2014 in early trade, Chinese stocks finished Monday’s session modestly higher, buoyed by renewed strength in the Chinese yuan, bargain hunting and,...
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Take a tour of Cate Blanchett's new £3 million mansion in the English...
Australian actress, Cate Blanchett, has bought a £3 million ($4.2 million) English mansion in East Sussex, England.The two-time Oscar winner who was also recently nominated for her role in Carol, has...
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China hits GDP target, but other data shows its economy is weakening
Chinese GDP is out, and it’s right in line with expectations at 6.8% annualized for the December quarter.Despite meeting forecasts, it was the slowest growth rate since the first quarter of...
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MACQUARIE: 'The world simply hates commodities at the moment'
Commodities have no friends at the moment.From energy to softs to base and precious metals, prices have been hammered almost unilaterally across the board, weighed down by a combination of a...
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