Global bond yields just exploded
US bond yields rose across the curve on Wednesday, hitting multiyear highs.Strong US economic data was the catalyst, with service-sector activity improving at its second-fastest pace on record while...
View ArticleThis font is made to help you remember more information — here's how it works
Preparing for exams or for a pitch can be pretty hard if you're struggling to remember your notes— but RMIT and creative agency, Naked, may have designed a font that could make things easier."Sans...
View ArticleBanksy posted a video explaining his painting that self-destructed right...
The artist Banksy has posted a video on Instagram explaining his stunt involving a painting that self-destructed moments after selling at auction."Girl With Balloon", one of Banksy's most famous works,...
View ArticleThe UN has warned that we only have 12 years to curb climate change
A major report prepared by the UN has called for "rapid, far-reaching and unprecedented changes in all aspects of society".Based on more than 6,000 scientific references across 40 countries, the report...
View ArticleVideo shows the terrifying moment a sinkhole swallowed 4 people on a street...
Two people have died after a sinkhole opened up underneath them on a sidewalk in the Chinese city of Dazhou.The People’s Daily China reports four people fell into the hole, including a child, who was...
View ArticleItaly's mounting debt crisis has rattled global markets
Modelling from Nomura shows Italy's latest budget deficit is almost double the required limit to reduce its overall debt burden.Italian shares slumped and bond yields spiked overnight, as the new...
View ArticleTesla just outsold Mercedes-Benz in the US for the first time
In the third quarter this year, Tesla sold 69,925 vehicles in the US, while Mercedes-Benz sold 66,542.It's taken just eight years for Elon Musk's electric vehicle startup to overtake the company that...
View ArticleScientists just found an 'underwater world' of dead volcanoes that whales may...
Scientists from Australian National University have discovered an underwater world of dead volcanoes off the east coast of Tasmania.Research by CSIRO indicates whales may use features of the seabed as...
View ArticleAustralian stocks caught in a wave of global selling — plunge below 6,000
The Australian market was dragged down by big falls on Wall Street.The ASX200 fell below 6000 points and kept going to close down 2.7%, amid a bloodbath for equity markets across Asia.Hardest hit were...
View ArticleChina just had the worst quarter for economic growth since the depths of the...
China’s economy grew by 6.5% in the year to September, the weakest since the first quarter of 2009 — the depths of the financial crisis.That was down from 6.7% in the year to June and missed...
View ArticleThere's something unique about China that fuels rapid boom-bust cycles in...
Most Chinese investors don’t have the luxury of choosing where to deploy their cash around the world given capital controls implemented by regulators.This means capital, and speculative activity, tends...
View ArticleTop Chinese officials have staged an extraordinary intervention to stem the...
The head of China's central bank and numerous top regulators made statements expressing optimism about China's economy on Friday.It follows a recent run of sharp falls in Chinese stocks, with China’s...
View Article5 cocktails everyone should know how to make, according to the world's best...
If you're having friends over to your house for a gathering, the question turns to what to serve them for drinks.Wine is always a good choice, but why not go above and beyond to kick things off, and...
View ArticleChinese stocks surge as the government's 'plunge protection team' goes all-in
Chinese stocks have exploded higher upon the resumption of trade on Monday, adding to huge gains on Friday.The surge in buying reflects the continued rollout of measures from Chinese policymakers to...
View ArticleScientists may be on their way to growing human brains
Researchers at Tufts University in Massachusetts have grown a 3D human tissue model that mimics "structural and functional features of the brain".Previously, brain tissue cells have been grown and...
View ArticleScientists just filmed an underwater 'headless chicken monster' for the first...
A headless chicken monster, a type of sea cucumber, has been filmed for the first time in Southern Ocean waters off East Antarctica.The creature, about the size of basketball, was spotted by a camera...
View ArticleChris Hemsworth gave a hitchhiker a ride to a popular Australian vacation...
Chris Hemsworth gave a hitchhiker a ride to a popular Australian vacation spot in his private helicopter.The hitchhiker turned out to be American musician Scott Hildebrand.Hildebrand looked pretty...
View ArticleHong Kong sits in the 'danger zone' for a fresh financial crisis
Nomura has created a model that has reliably signalled at least two-thirds of the past 50 financial crises in 30 countries monitored.Right now, the model says Hong Kong is in the "danger zone" for a...
View ArticleHow much world political leaders in 45 countries earn compared with the...
Income inequality is increasing around the world, both in developed and developing nations.There is also a wide discrepancy between how much major political leaders earn compared to those they...
View ArticleChina plans to build its way out of the latest economic downturn — again
The value of fixed-asset investment projects approved in China more than quadrupled in the September quarter compared to the levels seen in the three months to June.The government recently announced...
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