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A third of Chinese property developers lost money last year
2015 was a tough year for Chinese property developers.Plagued by falling property prices, largely as a result of a mounting supply glut in smaller cities, one third reported an operating loss.According...
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BLACKROCK: Get ready for a wave of bankruptcies across the global energy sector
The head of the world's largest investment fund says markets should brace for a wave of bankruptcies across the global energy sector.Larry Fink, CEO of BlackRock, has suggested that up to 400 firms...
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Most of China's regional provinces have lowered their 2016 growth targets
Setting the tone for a lower national target, most Chinese provinces have lowered their GDP forecasts for the year ahead.According to the state-run People’s Daily newspaper, 15 provinces lowered their...
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China has picked a big fight with George Soros
George Soros is the definition of evil personified, at least according to China's state-run media.In a blistering attack, Chinese media outlets have singled out the famed hedge fund manager for some...
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Chinese stocks have nearly halved over the past 6 months
Chinese stocks have had another session to forget, tanking in the final hour of trade to close down nearly 3%.The benchmark Shanghai Composite index finished the session down 2.9% at 2655.66 points,...
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Japan's December data dump was ugly
Japan’s December data dump has yet again disappointed with most economic releases undershooting expectations.Starting with the good news first, Japan’s unemployment rate held at 3.3% for a second...
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The Bank of Japan just stunned global markets by announcing negative interest...
The Bank of Japan (BOJ) has just stunned financial markets, taking official interest rates into negative territory.Voting 5-4 in favor of the measure, the bank announced that it will charge an interest...
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Here's what your ideal weight really should be
Photo: Richard Heathcote/Getty Images.Public health authorities are forever telling us how much we should weigh, but one essential element is missing: shape.Let’s start with a little quiz. Below is a...
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CHINA PMI MISSES
China’s official performance of manufacturing index (PMI) for January is out, and it’s a miss.The index printed at 49.4, down from 49.7 in December and missing market expectations of a read of 49.6.It...
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A cyclist has been barred from the world championships after a hidden motor...
Cycling authorities have finally caught a unicorn.A Belgian cyclist is facing the end of her short career after she was caught riding a motorised bicycle in the world cyclocross championship in Zolder,...
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China just released hundreds of stunning HD photos of the moon taken by its...
More than two years after China’s lunar rover got away to a wonky start on the surface of the moon, the country’s National Space Administration has released the stunning hi-def pictures it took.On...
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Here are the world's largest crude oil producers
After a horrendous 2015, it’s been a a wild ride for the crude oil price so far in 2016.In the first 12 trading sessions of the year, front month US WTI futures tanked, falling by nearly $11 per...
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Why China's IPO listings are like winning the lottery
While China’s stock market has been ice cold over the past six months, falling by close to 50% as a government-orchestrated rescue plan unravelled, there’s one part of the market which remains white...
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An American man who believes rape should be legalised may be barred from...
Daryush Valizadeh, a US citizen with a degree in microbiology, thinks rape should be legalised on private property, according to this essay he wrote on the topic.The blogger — who was called "the web's...
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Only days after introducing negative interest rates, Japan is already talking...
Bank of Japan governor Haruhiko Kuroda is going all out to ensure markets understand that the bank can, and will, cut interest rates further into negative territory should the need arise.Speaking at a...
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China is delivering more stimulus to its property market
Amidst signs that the tepid rebound in prices is stalling, China’s central bank has announced further measures designed to support its housing market.Overnight the PBOC said that it will allow lenders...
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Japan's corporate sector enjoyed a strong start to 2016
Activity levels across Japan’s services sector improved sharply in January, bucking weakness in other economic indicators.The Nikkei-Markit services purchasing managers index (PMI) rose to 52.4 in...
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China's services sector strengthened in January
Activity across China’s services sector, now the largest component of the broader Chinese economy, strengthened modestly in January.The Caixin-Markit services purchasing manager index (PMI) rose by 2.2...
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China's central bank just hosed down expectations for further stimulus
Don’t expect any substantial monetary policy stimulus to delivered in China any time soon.The head of the PBOC’s research bureau, Lu Lei, said earlier today that room for further monetary is...
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MORGAN STANLEY: The oil market's basic problem is not going anywhere
Oil prices have been staging a bit of a recovery, but Morgan Stanley doesn’t think it will last.Cross-asset strategy analyst Adam Longson, like so many others, has lowered his forecasts for the Brent...
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