Bitcoin is crashing towards $4,000 — here's the simplest reason we've heard...
The meltdown in crypto markets raises an obvious question – what’s causing the price falls?Senior staff at Australian-based crypto exchanges told Business Insider the falls may be due to uncertainty...
View ArticleForeign investors watch in fear as China's murky debt markets hide a looming...
Chinese coal miner Wintime Energy fell behind on its debt repayments earlier this year and is scrambling to avoid default.The company announced plans to include loans issued by its healthier subsidiary...
View ArticleRISE OF THE MACHINES: Why automated trading could create problems down the line
The use of automated trading in financial markets is only getting larger.With machines now increasingly trading with each other, investment decisions are now being taken in nanoseconds.Given the...
View ArticleThis reliable leading indicator on Chinese industrial activity just tanked
Chinese industrial data could be about to deteriorate further, at least in the near-term.Macquarie Bank’s forward-looking indicator on Chinese industrial activity “fell significantly in November,”...
View ArticleBitcoin crashes through $4,000
The benchmark digital cryptocurrency has crashed through $4,000 in a sudden move Saturday evening.It's the second major fall in Bitcoin and other cryptocurrency prices this week.As is usually the case...
View ArticleRussia confirms it fired at Ukrainian ships in major escalation of Crimea...
Russia confirmed that its ships attacked Ukrainian vessels off the coast of Crimea, but claims the ships entered Russian waters illegally and fired in response.The Ukrainian government says Russia...
View ArticleThis plane flies on ionic wind and moves just like a 'Star Trek' shuttle
According to a report from Nature, MIT researchers have built a working plane with no moving parts.Based on the results, the vehicle is able to ride on 'ionic winds' for 60 metres.According to...
View ArticleCHART: More evidence that a worrying shift is underway in corporate bond markets
Data from Morgan Stanley shows there’s been a sharp rise in the yields on riskier high-yield debt in US corporate bond markets.Morgan Stanley says the bear market in corporate credit is...
View ArticleDoctors ate pieces of LEGO to test how long they take to poop out
Led by University of Melbourne researcher Dr Andrew Tagg, a group of doctors decided to conduct an experiment to see how long it would take to pass pieces of LEGO.The average journey in this small...
View ArticleTop US financial regulator pours more cold water on the one thing Bitcoin...
SEC chairman Jay Clayton has made some of his most direct comments yet on why the regulator won’t approve a Bitcoin ETF.Clayton said crypto exchanges are prone to manipulation, and security measures...
View ArticleA low rumble off the coast of Africa was felt right around the Earth, and no...
The tiny island of Mayotte was struck by six months of earthquakes from May to November.Then, on November 11, a long, monotone “ring” was measured across the Earth.Scientists say they’ve “never seen...
View Article19 indicators that suggest the US economy's record expansion is about to come...
The US economic cycle is six months from becoming the longest on record, which has led investors to question when it may end.Nomura has compiled a list of 19 financial metrics which “nearly all suggest...
View ArticleA star economist is touting 4 charts that show the Fed isn't as dovish as...
Markets rallied strongly this week when comments from US Fed chair Jerome Powell were perceived as dovish.But multiple analysts called it an overreaction, and argued the data suggests there are more...
View ArticleStock markets across the Asia Pacific are ripping higher after Trump's trade...
Risk appetite has been given a boost in Asian trade following the US-China trade developments over the weekend.Mining stocks are leading the ASX higher, while the Aussie dollar has surged ahead. US...
View ArticleNearly 1 million driverless 'robotaxis' could be on US roads by 2022
Research from CLSA suggests the number of autonomous vehicles on US roads will rise from 800 this year to 796,000 in 2022.CLSA defined levels of vehicle autonomy in five different grades, with...
View ArticleA letter in which Albert Einstein disses the concept of God as a 'human...
Albert Einstein penned one of his most famous letters around a year before his death in 1954.In the one-and-a-half page note to German philosopher Eric Gutkind – commonly referred to as The “God...
View ArticleThis timeline shows exactly how the US-China trade war will go down
Global stocks are getting hammered as markets reassess the risk outlook in US-China trade negotiations.Citi has highlighted four key dates and events to watch over the next three months as negotiations...
View ArticleTrading in US stock futures had to be halted after violent moves, and markets...
An unusual move in US equity market futures this morning triggered a market intervention by CME Group, the world’s biggest futures exchange.CME had to halt trading for brief periods “to enter the...
View ArticleBond markets are sending an economic warning signal — here's when the next US...
The spread between US 2-year and 10-year bond yields – a key indicator of recessions – fell sharply to its lowest level in 11 years this week.Deutsche Bank says the risk of a recession is “very low”...
View ArticleAsian markets are getting smoked as geopolitical risks flare again
Risk sentiment in Asia has taken a turn for the worse following the arrest of a senior Chinese executive in Canada.Stocks, currencies and crude prices are under pressure while safe havens are in...
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