QUESTION: What is the most valuable item that can be harvested from beef cattle in Australia? If your answer was eye steak, fetal blood used in the diagnostic and pathology industry, or heart valves used in human transplants, you’d be wrong. Gallstones, found (occasionally) in the gall bladder of cattle …
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‘Rotten-tailed children’: China’s rising youth unemployment is spawning a new working class By Reuters
By Ryan Woo, Ethan Wang BEIJING (Reuters) – Rising unemployment in China is pushing millions of college graduates into a tough business, with some forced to take low-paying jobs or even subsist on their parents’ pensions, a dire situation that has created a new working class of “you can”. – …
The secret of stock market success in one picture
It’s the most wonderful time of the year. No, not because winter is over, although that’s good. No, not because it’s earnings season, although I love that. Its THE day. You know, Vanguard Index Chart Day. (It’s probably not my favorite day of the year…but it’s damn close. It’s definitely …
Finance expert Alan Kohler reveals the little-known reason behind Australia’s housing crisis – and the moment the nation ‘changed forever’
Financial guru Alan Kohler has said excess immigration is to blame for Australia’s housing crisis and is being fueled by the influx of international students. Kohler, the ABC’s financial expert, said it was not the permanent migration of workers that was primarily responsible for the increase in demand – and …
China’s telecoms, education and health open to FDI – Asia Times
China has decided to open up its telecommunications, education and healthcare sectors to foreign investors after suffering a sharp drop in foreign direct investment (FDI). An executive session of the State Council, chaired by Chinese Premier Li Qiang, on Monday reviewed and approved four documents aimed at helping the country …
Ontario Court of Appeal, Canada upholds employment contract frustrated by employee’s refusal to comply with employer’s third-party imposed COVID-19 vaccination policy | JD Supra
In Croke v. VuPoint System Ltd.2024 ONCA 354, the Court of Appeal for Ontario (OCA) upheld the decision of the Superior Court of Justice – Ontario (SCJ) that an employee’s refusal to comply with an employer’s mandatory COVID-19 vaccination requirements resulted in the frustration of the employee’s employment parties. The …
Live: ASX to fall as gold hits record, Wall Street snaps eight-day winning streak
10 m agoWednesday, August 21, 2024, 12:15 p.m Market snapshot ASX 200: -0.2% to 7,979 points the Australian dollar: +0.1% to 67.5 US cents Wall Street: Dow Jones (-0.2%), S&P 500 (-0.2%), Nasdaq (-0.3%) Europe: FTSE (-1%), DAX (-0.4%), Stoxx 600 (-0.5%) Spot gold: flat at $2,513/oz Oil (Brent crude …
A Financial Advisor Shares 2 Simple Money Moves Parents Can Make to Give Their Kids a Million Dollar Nest Egg
All parents can agree that they want what is best for their children. Thinking about what is best often includes considerations of finances. Some parents choose to let their children figure out money for themselves, while others want to give them a step up. For those who want to prepare …
The Australian commodities market is in for a wild ride in 2024
The global commodity market has seen significant volatility this year, with prices largely remaining high. Orange juice and cocoa futures rose to record highs in the first half of the year, while crude oil prices fluctuated in response to news from the Middle East. Gold prices continued to rise, but …
Why super funds continue to fuel volatile equity markets
While pension funds’ high exposure to equity markets sparked concern in early August amid significant market volatility, AMP Chief Economist Shane Oliver explained that growth assets such as equities offer superior long-term returns, despite their susceptibility to volatility. In the latest market note, Oliver said recent market volatility, fueled by …