1. International banks are keeping rates on hold with an announcement from the European Central Bank (ECB) to extend the hold into Summer (June-August) 2019 flowing on to the Swiss National Bank and Central Bank of Norway. ECB's central policy meeting was held yesterday. PBoC Governor Yi has made
From rising sea levels to changing temperatures, climate change is drastically impacting rainforest animals' habitats. There are currently only 2,500 Bengal tigers left in the wild. Climate change has led humans to invade the habitats of mountain gorillas.
Medicaid is a state and federal health insurance program offered to some low-income Americans. Eight months after she was dropped from her parents' health insurance, author Olivia Young had her first medical emergency. She was eligible for Medicaid, which has helped her through $US50,000 in medical
Weird science in 2018 included researchers getting octopuses high on ecstasy, a billionaire who shot his car into space, scientists who injected memories between sea snails, and a petition to drink the mummy juice found in a 2000-year-old sarcophagus. This behaviour was caused by serotonin, the neurotransmitter
1. In markets overnight, the pound has rallied after a day of chaos in British politics saw Prime Minister Theresa May survive a vote of no confidence. US stocks and bond yields are both higher on the prospect of improving US-China relations, although stocks saw some small pre-close clips to the gains
The Australian dollar rose modestly against the greenback on Wednesday, supported by positive signals on US-China trade negotiations. The British pound was the big mover during the session, helped by speculation that Theresa May will survive a no-confidence vote on her leadership. The main event today
Booming global demand for lithium-ion batteries gives Australia a “once in a generation” opportunity to become a major battery processing, manufacturing and trading hub – but it needs to get a move on. A new Australian Trade and Investment Commission (Austrade) report adds to the growing stack of analysis
Plan ahead to make this summer enjoyable and productive by choosing a great book. Whether it be for the mind, leadership or business, these are the books 25 successful Australian CEOs will be reading this summer.
The National Australia Bank (NAB) has abandoned its call for RBA rate hikes next year. Weak wage and inflationary pressures, along with recent steeper falls in Sydney and Melbourne home prices, were the main factors behind the change of heart. The vast majority of mainstream forecasters don't see
2. The Aussie dollar has gained ground against all other crosses despite continued uncertainty around Brexit, but it remains range bound by external markets. Trump’s remarks on a spending battle that could shut down government saw US stocks give up earlier gains, dragging the Aussie dollar lower as
The 'Trump Trade' has finally evaporated entirely.The ratio between more growth-sensitive cyclical stocks (industrials) and their defensive counterparts (utilities) has all but erased its post-2016 election gains, leaving an uncertain future for the stock market. Legendary investor Paul Tudor
China is furious, the markets are beside themselves, and after a pretty ordinary performance by her lawyers on the second day of a bail hearing, the daughter of one of China's richest men is waiting in a Canadian jail for what might be a long time. Meng, detained on December 1, while changing flights
Australia is part of the global explosion in space industries – including the design and engineering of satellites smaller than a loaf of bread. The growing number of small satellites orbiting Earth presents some unique challenges, such as interference with communication networks, the buildup of space
The banks make it difficult to work out how much a mortgage costs, says the ACCC. The banks make it so difficult to work out how much a mortgage costs that shopping around for a better loan isn't an option, according to analysis by the consumer watchdog, the ACCC. An inquiry found that price competition
Australia's Parkes radio telescope in NSW is now tracking Voyager 2 as it enters interstellar space. The spacecraft, after its twin Voyager 1, is only the second to reach the space between the stars. The CSIRO is working with NASA.
Huawei is one of the top electronics makers in the world. Huawei is the largest manufacturer of telecommunications equipment in the world, and is the second-largest maker of smartphones in the world, behind Samsung. Despite Huawei's international success, the company's devices are extremely
Like many Aussies, when I was a kid we used to go on a family road trip once a year. We'd drive three hours and a bit from Sydney down to Ulladulla -- stopping in beautiful township of Berry, or in Milton for their famous pies (this same store has been selling pies since 1870.)
2018 was a big year for science.Among the stories was the world's first GM baby and the death of Stephen Hawking.The Australian Science Media Centre has picked its top 10 science stories.
Business leaders can save themselves some restless nights staring at the ceiling by rejecting the leadership style of certain world leaders today. Business leaders have sometimes looked to those at the top of their game in politics as an example of how to do leadership ‘right’. Amongst several complex
Last Thursday, as the parliament rose for 2018, controversial new laws that allow Australian security and law enforcement angencies to hack into encrypted messaging services were passed with support from the ALP. While legal and human rights experts are concerned about their impact, the Australian tech
The Australian share market fell hard today, dragged down by the big banks. Chris Weston, head of research at Pepperstone, said that although global markets were weaker following Wall Street's fall on Friday, the scale of the sell-off appeared connected to some specific mounting issues in Australia
APRA wants to disqualify them for “failing to act in the best interests of superannuation members”. IOOF says the allegations are misconceived, and will be vigorously defended. IOOF Managing Director, Christopher Kelaher and Chairman, George Venardos, are stepping aside, pending resolution of proceedings
The housing market is expected to have a soft landing, says the OECD in its annual assessment of Australia. It says a wave of mortgage defaults is unlikely. The falling housing market poses a risk to Australia's economy but a "soft landing" is more likely than a crash, says the OECD (