Watch these skydivers play the most epic Quidditch game you've ever seen in...
A telco in Columbia has created a commercial that turns every Harry Potter fan’s dream into reality — playing Quidditch.Without any use of special effects, people can be seen flying through the sky on...
View ArticleAn etiquette expert shares the 2 biggest mistakes foreigners make when doing...
With China now Australia’s largest trading partner it’s vital to have an understanding of some of the different social norms surrounding interaction in the Chinese business world.There are certain...
View ArticleBAML clients have sold US stocks for 15 weeks, the longest stretch on record
The S&P 500 — the benchmark US stock index — ripped higher overnight, closing at 2,084.39, an increase of 1.25%.In percentage terms it was the largest increase since March 11 — not an insignificant...
View ArticleGold demand just hit an all-time high
Global gold demand surged in the first three months of 2016, boosted by heightened economic uncertainty and increasingly-innovative monetary policy from the likes of the Bank of Japan and European...
View ArticleChina’s property market has risen from the ashes
China’s property market, having been stuck in the doldrums following years of overbuilding, has risen from the ashes in recent months.Home buying restrictions have been eased, mortgage rates have...
View ArticleEarlier imbalances in China's economy are making a comeback
Chinese new home prices continued to push higher in April, logging the fastest annual increase in two years.According to China’s National Bureau of Statistics (NBS), new home prices rose by 6.2% from...
View ArticleCHART: Here's how major asset classes have performed so far in 2016
As many have experienced first hand, it’s been a wild start to the year for financial markets.The first six weeks was utter carnage with risk assets tumbling on heightened concerns about the Chinese...
View ArticleThe Japanese economy is growing again
The Japanese economy returned to growth in the first quarter of 2016, expanding by 0.4%, according to the preliminary GDP estimate released by the Japanese government.The increase, well above the 0.1%...
View ArticleHere's how Goldman Sachs sees asset classes performing in the period ahead
Following a whirlwind start to 2016, something that saw risk assets cascade lower before staging an equally remarkable recovery, investors worldwide are now pondering what could possibly arrive...
View ArticleRANKED: What an iPhone 6 costs in 27 countries
Deutsche Bank's annual "Mapping the World's Prices" report for 2016 is out.The annual report, which compares prices for more than 20 common items in global cities, is now run by strategist Jim Reid,...
View ArticleJapan just logged its largest trade surplus in 6 years
Japan recorded its largest trade surplus since March 2010 in April, rising to 823.5 billion yen from 755 billion yen in March.It was the the third trade surplus recorded in a row, the longest...
View ArticleChina produced more steel than the rest of the world in April
For the second month in a row, China’s crude steel output was greater than the rest of the world in April.According to the World Steel Association, China produced 69.4 million tonnes of crude steel,...
View ArticleChinese commodity futures just got crushed
Chinese bulk commodity futures endured another bloodbath on Monday, recording falls of 5% or more.The most actively traded September 2016 iron ore future on the Dalian Commodities Exchange finished the...
View ArticleDEUTSCHE BANK: The US dollar is looking cheap
After gaining more than 27% from May 2014, the rally in the US dollar index came to a shuddering halt earlier this year, falling 8% in less than three months.As the table below reveals, supplied by...
View ArticleMORGAN STANLEY: The pillars supporting emerging markets 'seem to be crumbling'
Don’t get too excited about the rally in emerging markets (EM) over the past three months. According to Morgan Stanley’s emerging markets strategy team, it was nothing but a bear market rally with the...
View ArticleHere's a sign oil prices could be close to the top
Late last year, just over a month before prices bottomed out, we noted investors had reached peak pessimism when it came to the outlook for the crude oil price.There was nothing scientific, fundamental...
View ArticleChinese households are ditching riskier assets for the safety of cash
Aside from house prices and private sector indebtedness, many things in China are falling at present. Stocks are sliding, so too the yuan, along with a well publicised collapse in bulk commodity...
View ArticleBRENT CRUDE HITS $50
Oil is back at $50 a barrel. The Brent Crude price just popped above the threshold in the Asian trading session, following a steady rally over recent weeks which has been driven by a range of global...
View ArticleThe fall in Japanese consumer prices is speeding up
No matter what the Bank of Japan attempts, it just can’t muster any inflationary pressures within the nation at present.According to Japan’s Statistics Bureau, core consumer price inflation (CPI), that...
View ArticleChinese industrial profits are rising
Profits at Chinese industrial firms increase by 4.2% to 502 billion yuan ($US76.6 billion) in April compared to the levels of a year earlier, according to data released by China’s National Bureau of...
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