Clik here to view.
China could be on the verge of stoking its financial fire even further
Recent Chinese economic data has undershot expectations, leading to speculation that China’s central bank may take steps to support activity levels.RBC Capital Markets thinks the bank is likely to cut...
View ArticleClik here to view.
The most expensive car ever put on auction, a 1962 red Ferrari, is about to...
This 1962 Ferrari 250 GTO is set to be the most valuable car ever offered at auction.Only 36 of the car were made between 1962 and 1964.At the time they were originally sold, Enzo Ferrari himself had...
View ArticleClik here to view.
The White House is considering nuking asteroids, according to a NASA report
NASA and US government agencies have released plans for dealing with Near Earth Objects.The plan outlines options for deflection and disruption.A disruption plan raises the possibility of using nuclear...
View ArticleClik here to view.
Businesses have to 'reassess what they stand for' in order to stay relevant,...
Modern consumers swap brands to ensure the companies they support are socially responsible.This change is forcing businesses to reassess what they stand for to stay relevant.Dora Nikols, director of a...
View ArticleClik here to view.
Global banks may be adopting a 'window dressing' technique used by Lehman...
A report by the Bank for International Settlements shows banks are exploiting loopholes to adhere to stricter leverage ratios.The BIS said evidence of "window dressing" in the repurchase agreements...
View ArticleClik here to view.
Alibaba's billionaire chairman Jack Ma is warning about a bubble in bitcoin
Billionaire Chinese tech mogul Jack Ma has said again that bitcoin is in a bubble.In spite of his comments, he's a strong advocate of blockchain technology.Yet it's the second time in a month that...
View ArticleClik here to view.
The Chinese yuan has crashed to its lowest point this year
The Chinese yuan has fallen to its lowest this year.An increase in the USD/CNH, or the US dollar versus the offshore traded yuan, indicates the US dollar is strengthening against the yuan.Along with...
View ArticleClik here to view.
The Indian rupee just tumbled to an all-time low
The Indian rupee has hit the lowest level on record against the greenback.The latest selloff coincided with a spike in crude oil prices. India is a major oil importer, and the third-largest source of...
View ArticleClik here to view.
Chinese stocks slammed again as the trade war-fuelled bear market deepens
Chinese stocks had another bad day, with major indexes losing more than 1% of their value.Markets in the country are struggling with a combination of President Trump's trade war and softening domestic...
View ArticleClik here to view.
Bitcoin has plunged through $6,000 again and it's looking weak
Bitcoin has collapsed through the $6,000 USD for the second time this week, and is under pressure in morning trade.The world’s biggest cryptocurrency dipped overnight, before selling momentum increased...
View ArticleClik here to view.
Australian researchers find no evidence that cannabis helps with chronic pain
An Australian study of 1,500 people revealed no strong findings supporting the use of cannabis in the treatment of chronic non-cancer pain.The study published in the journal Lancet Public Health found...
View ArticleClik here to view.
China is delaying US imports from entering the country, according to reports
A 25% tariff is now being applied to $34 billion worth of Chinese goods entering the United States.China has called the US move "typical trade bullying" and warned that retaliation would be swift.China...
View ArticleClik here to view.
A new device improves behaviours in autistic children without drugs – and...
A US study finds Mente Autism, a device by Neurotech International, produces significant positive changes for children with autism.The researchers found a reduction in autistic behaviours as well as...
View ArticleClik here to view.
China's latest inflation report points to upward pressure on prices around...
Chinese CPI rose by 1.9% in the year to June, up from 1.8% in May.Producer prices increased even faster, lifting by 4.7% over the year, the fastest increase in six months.Movements in Chinese producer...
View ArticleClik here to view.
Scientists have made an important leap towards creating an HIV vaccine
Research published in The Lancet shows promising results from an experimental HIV vaccine.The vaccine generated robust immune responses against HIV in healthy adults.The next step is to give the...
View ArticleClik here to view.
Scientists have just discovered the world's oldest colour – and it's a...
Science says the oldest colour in the world is bright pink.The colour was found in pigments extracted from rocks deep beneath the Sahara desert.ANU scientists say the pigments are more than one billion...
View ArticleClik here to view.
The US now plans tariffs on more than 6,000 Chinese products worth $200...
The Trump administration has fired the latest shot in the ongoing trade war with China, highlighting $US200 billion worth of items that are eligible for a 10% tariff on products imported from...
View ArticleClik here to view.
China vows to fight back as the trade war escalates
An intensifying trade war has kicked off between China and the US. The US has announced a new list of 6,000 Chinese goods, totaling $200 billion, that may be hit with additional 10% tariffs by the end...
View ArticleClik here to view.
The Chinese imports that will be hit hardest by the new round of proposed US...
The US has already applied tariffs on $34 billion worth of Chinese imports. Another $16 billion are expected to be implemented within the next two weeks.The US Trade Representative has released a list...
View ArticleClik here to view.
The impact of the latest proposed US tariffs on industry sectors, in one chart
US stocks fell heavily on Wednesday, like other markets around the world.JP Morgan Asset Management has looked at the US sectors most exposed to price increases should the latest round of proposed US...
View Article