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CHART: Investors are piling back into emerging markets in Asia
Spurred on by ultra-easy monetary policy settings around the world, and the belief that the US Federal Reserve won’t lift interest rates again anytime soon, investors worldwide are piling back into...
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BHP HORROR SHOW: Mining giant posts record $6.4 billion loss, crushes dividend
BHP Billiton posted a loss of $6.385 billion (8.28 billion Australian dollars) for the full year to June, its biggest in history, and cut dividends as weaker global commodity prices cut the flow of...
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Australian photographer describes the moment he knew his Usain Bolt picture...
It is already recognized as one of the great sports photographs of our time: the world’s fastest man, Usain Bolt, turning his head to smile at rivals as he pulls away from them on the track at the Rio...
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Everyone needs to see this heartbreaking video of a little boy in Aleppo...
Every now and then, images that can’t be ignored emerge from places where suffering is all that seems to occupy a daily life.Today, it's Omran's turn. He's 5 and has just been pulled from the rubble of...
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The US dollar is under pressure in Asia as the Yen surges
Forex traders are again testing the patience of Japan’s Ministry of Finance in the Asian market session, buying yen and driving the USDJPY rate back under 100. The earlier today during Tokyo morning...
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Global steel production is falling again
Global steel production fell for third consecutive month in June, although remained above levels seen in the latter parts of 2015.According to World Steel Association, which represents around 85% of...
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Japan's manufacturing sector almost grew in August
Activity levels across Japan’s massive manufacturing sector continued to decline in August, albeit at the slowest pace seen in six months.The latest Nikkei-Markit “flash” manufacturing purchasing...
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This is where investors have been parking their money so far in 2016
Markets have been eerily quiet of late, contrary to late 2015 and earlier this year.Powered by the twin factors of summer holidays in the Northern Hemisphere and the belief among the vast majority of...
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Qantas lands a record $1.5 billion profit — now 25,000 employees are in line...
Qantas posted a record full-year underlying profit of $1.53 billion, a 57% improvement, completing one of Australia’s biggest corporate turnarounds.Just two years ago, the national airline reported a...
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British waitress, 21, stabbed to death in Australian hostel by suspect...
A French national is in police custody in Australia after the murder of a 21-year-old British woman in a frenzied knife attack at a backpacker hostel in Far North Queensland that was witnessed by...
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CHART: The best and worst performing commodities of 2016 so far
Iron ore is the top performing commodity so far in 2016.Yes, that’s not a misprint. It’s a statistic few would have thought possible, let alone plausible, given the raft of negative headwinds that saw...
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Japan remains entrenched in deflation as core inflation falls to a 3-year low
Japanese deflationary pressures intensified unexpectedly in July, heaping pressure on the Bank of Japan ahead of it’s highly anticipated monetary policy meeting in mid-September.According to the...
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WATCH: The man behind the 'greatest dunk ever' shocked a couple of NBA...
Dunk sorceror Jordan Kilganon is back.Kilganon is a 23-year-old professional dunker from Ontario, Canada. He hit the big-time during this year’s NBA All-Star weekend when he dunked in jeans.He got that...
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A drone revolution may have just begun on a farm in the middle of Tasmania
This is Ratho Farm. In the middle of Tasmania, it’s about 13,000km from Silicon Valley:Ratho FarmSettled in 1822, it’s recently opened up its doors for a wonderfully unique farmstay experience:It’s...
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Wage growth looks like it's about to take off
It has been heard many times before, but this Friday's August nonfarm payrolls report in the US looms as perhaps the most important data release in terms of the near-term outlook for US interest...
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We've just received a warning about the great hope for China's economy
Chinese consumer confidence in August fell to its lowest level since February, a somewhat ominous signal given the dramas the Chinese economy was going through at the beginning of the year.The latest...
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Smaller Chinese manufacturers remain stuck in a rut
Activity levels for smaller Chinese manufacturing firms stagnated in August, partially reflecting the painful restructuring currently underway across the nation’s industrial sector, along with weak...
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Here's what was puzzling about China's surprisingly strong data this week
Out of the blue, China’s manufacturing sector sprung back to life in August, recording the fastest expansion in activity level since October 2014.Even though at just 50.4 the improvement in the...
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Here's how much currency is traded every day
If you’ve ever wondered just how much currency is traded on average each and every day, we have some good news. Thanks to HSBC, citing data from the Bank of International Settlements (BIS), we have the...
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FX traders are losing faith in further US dollar strength
Despite the prospect of a near-term interest rate hike in the US, something that garnered traction following the Jackson Hole central bank symposium held two weeks ago, FX traders continued to reduce...
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