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China's central bank has emerged as a key player in the nation's stock market...
Like many risk assets, Chinese stocks have been on a tear in recent weeks.After falling to the lowest level seen since November 2014 in February, the nation’s benchmark stock index — the Shanghai...
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Tesla raced its Model S against a Boeing 737
Just in case you were pondering who would win a race between a Boeing 737-800 and a Tesla Model S, Qantas and Tesla have teamed up to find the answer.The race was held at Avalon airport in Victoria,...
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The global manufacturing sector just posted its weakest quarterly performance...
Activity levels across the global manufacturing sector expanded at the slowest pace in nearly three years in the first quarter of 2016.The latest JP Morgan-Markit global manufacturing purchasing...
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Singapore is getting the world's first fully autonomous taxi service
Full self-driving automation – known as level 4 – is yet to realised in the car industry.Google’s autonomous cars, for example, are Level 3, meaning they operate with limited self-driving automation,...
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The founder and CEO of a $4 billion startup says a fear of failure is what...
Stewart Butterfield knows what it feels like to pick yourself up, dust yourself off and start again.He’s had to do it twice.First with a video game called “Game Neverending”.And then with another game...
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The global economy had a poor start to 2016
The global services sector — of enormous economic importance in many developed nations given its contribution to GDP and employment — grew at the slowest pace seen in over three years in the first...
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The great hope for China's economic future is suddenly looking better
The great hope for China’s economic future — the nation’s vast services sector — showed renewed signs of life in March.The latest Caixin-Markit services purchasing manager’s index (PMI) rose to 52.2,...
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India's services sector is purring
India’s services sector roared back to life last month with the latest Nikkei-Markit services purchasing manager’s index (PMI) jumping 2.9 points to 53.4.Not only was the figure well above the 50 level...
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HSBC: China's stock market resurgence could be the start of something big
After a relentless sell-off late last year — seeing many mainland indexes halve in a little over six months — Chinese stocks have recently found their footing.Monotonously, and somewhat suspiciously,...
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Chinese exporters think things can only improve from here
Instability in the yuan, rising costs and financial difficulties continue to plague Chinese exporters, although as a collective group, they expect conditions to improve this year, according to a...
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The relentless rally in the Japanese yen is gathering steam
The Japanese yen is continuing to soar in Asia, rising to its strongest level against the US dollar since October 2014.At 12.45pm in Tokyo, the USD/JPY is trading at 109.1, its lowest level since...
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MAP: Here's where investor funds have been flowing over the past month
This excellent map on country-specific equity exchange-traded fund (ETF) flows over the past month comes from UBS.US equity ETFs received the largest inflows of $20.9 billion, with UBS citing a more...
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The chair JK Rowling sat in to write 'Harry Potter' just sold for $391,000
The chair that JK Rowling sat in to write two of the "Harry Potter" books has just been sold for a staggering £278,000 ($391,186) at an auction in New York.The 1930s oak chair was bought by an...
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The nude Donald Trump portrait that Facebook banned is now on display at a...
A portrait of Donald Trump in the nude with tiny genitals that went viral online has gone on display at London's Maddox Gallery.The pastel-based pencil and oil paint portrait — entitled “Make America...
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The nude Donald Trump portrait that Facebook banned is now on display at a...
A portrait of Donald Trump in the nude with tiny genitals that went viral online has gone on display at London's Maddox Gallery.The pastel-based pencil and oil paint portrait — entitled “Make America...
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Here's how much people spend on pizza all over the world
Pizza consumption appears to be linked to total economic output per head of population.Morgan Stanley noted in an analysis of the international expansion plans for Domino’s Pizza that, broadly...
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China's exports surged in March
Chinese trade data for March has come in mixed with a surge in exports partially offset by continued weakness in imports. According to China’s customs department, exports grew by 11.5% in US dollar...
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Fund managers think stocks and bonds are getting expensive
Based on recent movements in risk assets, things are seemingly looking up for the globe at present. Stocks are rallying, commodities such as crude oil and iron ore are on a tear, while high-yielding...
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The world's first commercial jetpack has been given a powerful new engine
Martin Aircraft is putting a powerful new engine into the world’s first commercial jetpack.The ASX-listed company has done a deal with UK-based Gilo Industries Group for supply of its advanced rotary...
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Scientists have seen the shockwave from a star’s collapsing core for the...
Astronomers have for the first time seen a shockwave generated by a star’s collapsing core and captured the earliest minutes of two exploding stars.An international team of scientists found a shockwave...
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