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Stocks in Japan were crushed in morning trade
Stocks in Japan have been completely thrashed in morning trade, with the benchmark Nikkei index falling more than 3% at one point.Sharp selloff in US markets drove demand for the Japanese yen, which is...
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Asian stocks have fallen 20% from the highs reached at the beginning of 2018
The MSCI Asia Pacific Index was battered on Thursday, slumping 2.2% and has now fallen by more than 20% from its 2018 highs, thus falling into "bear market" territory.Though ASX, TOPIX and Kospi all...
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China is planning 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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China has an increasingly murky debt problem and it's partly due to this...
Research from NAB suggests the buildup of hidden debt at the local government level in China hasn't been adequately addressed.NAB economist Gerard Burg said it is partly a function of budget laws...
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China's currency is tumbling and it's rattling markets across Asia
The Chinese yuan has fallen to the weakest level against the greenback since May 2008.Investors have reacted negatively to the news, sending Asian stocks and currencies sharply lower.US S&P 500...
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'The year of overreaction': JPMorgan says financial markets are on the cusp...
2018 has been proven to be a tough investment environment for investors around the world, especially in emerging markets.Of all the major assets JPMorgan tracks, just 20% are currently higher than they...
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Scientists have found a part of the Grand Canyon in Australia, and it could...
A paper recently published in the journal Geology indicates that "unusual" rocks in Tasmania may actually be part of the Grand Canyon.The research, conducted by geologists from Monash University, found...
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Twitter users are learning to be more polite — and it could be down to last...
A study of Twitter since the character limit increased from 140 to 280 has found that users are changing their behaviour.According to the study, users are now much more inclined to use the words...
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The US Army will soon have a Black Hawk helicopter that can be controlled...
The US Defense Advanced Research Projects Agency (DARPA) and Lockheed Martin company Sikorsky have developed a program to remotely control helicopters.While a human pilot remained in the helicopter,...
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This 15-year-old boy was just crowned the world's champion drone racer
A 15-year-old boy has been crowned the world's newest drone-racing champion.Rudi Browning, from Brisbane, just took on the World Drone Racing Championships in the Chinese city of Shenzhen.He beat 127...
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Trump's trade war has seen US imports of Chinese goods hit with the initial...
Data from UBS shows US imports of Chinese goods listed in the initial $34 billion of tariffs have fallen by 30%.The analysts said it’s too early to calculate the effect on an additional $200 billion of...
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When it comes to government debt levels, one nation stands out among the rest
Japanese government debt stands at more than 200% of GDP, significantly higher than the level seen in other advanced economies.Bond buying from the Bank of Japan has helped to depress Japanese...
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This nifty indicator could determine when the Fed will stop lifting interest...
If you want to know what the US Federal Reserve may do next with official interest rates, the chart below may be of interest.From Westpac Bank, it shows the relationship between the...
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18 surgeons successfully separated a pair of conjoined twins in six hours
A pair of Bhutanese conjoined twins have been successfully separated through surgery.It was Bhutanese paediatric surgeon Dr Karma Sherub who first campaigned to bring the twins to Australia.The...
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An Australian woman has been charged with putting needles inside...
An Australian woman has been charged with putting sewing needles inside strawberries as part of what police allege was an act of revenge.The act drew copycat behaviors, left a number of people...
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A crowdfunding campaign for a homeless man who took on an attacker with a...
A GoFundMe campaign has been set up for Michael Rogers, a homeless man who attempted to help stop a terror attack in Melbourne, Australia on Friday. Video emerged online showing Rogers attempting to...
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The sunrise on Mars has an eerie sound and scientists have recorded it
Image sonification helps scientists understand more about terrain, weather, and health issues.Using information about brightness, colour, and terrain elevation from a picture taken of a sunrise on...
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The world's biggest maker of Bitcoin-mining hardware wants to go public, but...
Bitmain Technologies is the world’s largest manufacturer of chips used in the machines that mine Bitcoin.The company filed to list on the Hong Kong stock exchange in September, with reported 2017...
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This one-armed robot bricklayer just built its first house in less than three...
Robot bricklayer Hadrian X built a 180 square metre, three-bedroom, two-bathroom home in less than three days.The structure has been verified as meeting relevant building standards.FBR Limited said...
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The expression 'drinking the Kool-Aid' was coined from a horrifying tragedy...
"Drinking the Kool-Aid" is a phrase bandied about regularly in corporate life, especially when someone wants to take a dig at people with a cult-like belief in something.But few realize the origin of...
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